A report from the Seattle Times in Washington. "Stay-at-home orders kept many potential homebuyers and sellers out of the market in April, sending prices in King County tumbling in May for the second month in a row. In King County,…
It's Friday desk clearing time for this blogger. "Experts say there could be a foreclosure wave next year as companies go out of business 'and those jobs don’t come back,' said Chad Van Horn, a Fort Lauderdale-based bankruptcy attorney. 'I…
A report the Globe and Mail in Canada. "Some properties are drawing multiple offers and selling at a premium to the asking price. Others are sitting longer or selling below asking – even in sought-after neighbourhoods such as High Park…
A report from CNBC on New York. "The number of real estate contracts signed for Manhattan apartments plunged 84% in May compared with last year. The pain in Manhattan real estate will be felt most at the top — where…
A report from the Commercial Observer. "If you thought it was bad now, well, it could get a lot worse. Scores of apartments could be empty as thousands of renters face evictions after losing their jobs and as millennials in…
A report from CBC in Canada. "When the pandemic hit Ontario, Kristina Barybina's income as a real estate agent dried up and she knew the writing was on the wall — she'd have to sell her own house. She also…
A report from the Wall Street Journal. "When William Mark decided to get back into investing after the 2008 financial crisis, he looked past stocks and bonds. Needing to play catch-up with his retirement portfolio, the piping engineer decided to…
A report from the San Francisco Chronicle in California. "The cost of renting an apartment in the Bay Area plummeted in May, as layoffs and the increased flexibility of working from home drove a double-digit drop in some of the…
A weekend topic starting with UCLA Anderson. "Given that home equity typically represents a serious chunk of a household’s net worth, the stakes are highly consequential when contemplating selling. While some decisions to sell are driven more by non-economic factors…
A report from Mortgage Professional America. "A new study by Clever Real Estate surveyed homeowners, renters, and prospective buyers to get a sense of their financial situation, and their plans to sell or buy. The findings suggest that the economic…