Tag: real estate
Mostly Vacant Hotels Drive Destruction of Commercial Real Estate Values
(Economic Policy Journal) Commercial properties hit by the economic effects of coronavirus related lockdowns could have lost one-quarter of their value or...
Sales of New Homes Surge; Mortgage Rates Tick Up
(Associated Press) The market for newly constructed homes in the U.S. continued its upward climb in August, despite the ongoing pandemic and...
US Home Sales Spike an Unprecedented 24.7% in July
(Associated Press) U.S. home sales rose an unprecedented 24.7% in July, extending a rebound in June after the coronavirus pandemic all but...
Home Prices Climb to Record in Pandemic as Buyers Seek Space
(Associated Press) A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an...
Trump: Repeal of Obama Housing Rule Will Boost Home Prices, Lower...
(The Hill) President Trump claimed Wednesday that his recent decision to replace an Obama administration rule targeting racial housing discrimination would boost suburban...
Housing Market Heats Up; Cruise Industry in Murky Waters
(Associated Press) The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday...
Realtor Group Eliminates ‘Master’ Bedrooms Over Stigma Concerns
(Fort Worth Star-Telegram) A Texas Realtor group will no longer use the term “master” in description of their homes, according to Realtors...
Wealthy Elites Fleeing NYC and Other Big Cities at an ‘Insane’...
(Joshua Paladino, Liberty Headlines) New York City residents have had enough of both the coronavirus and attendant stay-at-home orders, and local moving companies report that they...
Should You Consider a Reverse Mortgage Now?
(Associated Press) Reverse mortgages allow older homeowners to turn part of their home equity into tax-free cash, using a loan that...
Homeowners and Buyers Are Fleeing the Housing Market
(ValueWalk) We’re three months into the pandemic lockdown, and the real estate industry is frozen in place.
It’s a...
