A report from The Real Deal on New York. "Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to a tenant-friendly upheaval of rent regulation. 'It used to be that investors…
It's Friday desk clearing time for this blogger. "In the city of Los Angeles, where Greta Arceneaux’s property is, tenants who have been impacted by the virus will have up to 12 months from the end of the city’s emergency…
A report from Seattle PI in Washington. "The median home price for closed sales in King County dropped month over month, from $650,000 to $627,000. 'I don’t think anyone should be surprised that home prices in King County took a…
A report from Global News in Canada. "'Starting really around March 11, the second week of March, pretty much everything on the calendar through spring and the summertime, June 15th really, evaporated overnight,' said AirDNA CEO Scott Shatford, adding that…
A report from Forbes. "What surprised Brian Carberry, Apartmentguide’s managing editor who crunched the numbers was, 'some of the areas with significant rent decreases were located near more expensive major cities.' Apartmentguide looked at annual average price declines on one-bedroom…
A report from CBC News in Canada. "Owners of condo units in Fort McMurray's troubled Hillview Park complex are worried about paying their bills after being hit with special assessments of up to $76,000. It's the third special assessment charged…
A report from 8 News Now in Nevada. "8 News Now spoke with market experts who told us the public health crisis caused a lot of transactions to fall through, but buyers can now actually get a new home faster.…
A report from Go Banking Rates. "The pandemic has caused people to slow down and rethink their approach to the homebuying process, said Rebecca Brooksher, an agent with Warburg Realty. 'Everyone has a new perspective, so you are less likely…
A report from the Canadian Press. "Canadians looking to borrow money for a home purchase a home are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday. The country’s…
A report from the Dallas Morning News in Texas. "Fear of a deadly contagion was great enough to prompt authorities to spare residents the threat of eviction, but it didn’t stop some people from losing their homes. Mike Mullen’s $9…