A report from the Record Eagle in Michigan. "Linda Witulski fell in love with Elk Rapids about 15 years ago on a vacation. She bought a home in the Lake Michigan shoreline village and turned it into a short-term rental…
A weekend topic starting with Market Watch. "Commercial real estate’s COVID-19 woes can’t be patched up with more debt. That’s Lisa Pendergast, executive director of the CRE Finance Council, an industry group focused on the $4.6 trillion commercial real estate…
What's your housing bubble prediction? From six months ago. "The end of the year is going to be very different from the beginning of the year. The year will start off well, and those in defensive positions (cash, The Precious)…
It's Friday desk clearing time for this blogger. "Not being able to pay rent is a big stressor as thousands of Washingtonians remain unemployed. It’s causing stress not only for tenants but also for small mom and pop landlords. 'My…
A report from the New York Times. "The coronavirus has dealt a blow to the Manhattan real estate market unmatched in recent history, and the prospects of a near-term recovery remain unclear. The median sales price fell 17.7 percent, compared…
A report from the Wall Street Journal. "The new coronavirus epidemic in New York obliterated the spring selling season, according to a Wall Street Journal analysis. Apartment sales were down 54% in the second quarter compared with the same quarter…
A report from ABC News in Australia. "Owners of units in Sydney's Opal Tower have launched legal action against the NSW Government after discovering more than 500 new defects in the beleaguered building. Apartment owner Andrew Neverly said he had…
A report from CBS 12 in Florida. "Florida is ranked fifth in the country for mortgage delinquency, according to Black Knight. Right now there are almost 94,000 unemployment claims in Florida according to the state's Department of Economic Opportunity. Despite…
A report from Medium on California. "Jurdon Gold had been a renter almost his entire life. Born Oakland, Gold, like many in the Bay Area, had never lived in a house he or his family owned. That changed in 2015,…