Updated 2020 Housing Forecast From Realtor.com
In mid-December realtor.com released the annual 2020 housing forecast….
Five Indicators To Watch In The Housing Market Recovery From The Coronavirus
As buyers and sellers cautiously re-engage, here are five metrics – that update more frequently than lagging home sales and pending contracts – to watch in order to better gauge where the country’s housing market is…
5 Indicators To Watch In The Housing Market Recovery From The Coronavirus
As buyers and sellers cautiously re-engage, here are five metrics – that update more frequently than lagging home sales and pending contracts – to watch in order to better gauge where the country’s housing market is…
Top NYC lobbyists riff on pandemic politics
With in-person lobbying off the table and the city and state governments desperate for cash, three of New York’s leading lobbyists say they’re turning greater attention to Washington. In a virtual panel discussion with The Real…
April’s 16.4% drop in retail sales is worst on record
The numbers are in for last month’s retail sales and they aren’t pretty. Despite an increase in online purchases, total sales fell 16.4 percent in April — the largest monthly drop ever recorded, the New York…
Real estate players get creative on Zoom during lockdown
Virtual quiz shows, brokerage Oscars and oversized “Babyzilla” backgrounds on Zoom: Industry players are finding creative ways to make their audiences laugh during lockdown. Oli Farago, founder and CEO of the real estate acquisition and asset…
Golf Legend Greg Norman Lists Massive Colorado Ranch For $40 Million
Golf legend, entrepreneur and outdoorsman Greg Norman has listed his Meeker, Colorado ranch in the White River Valley for $40 million….
Thor Equities’ big bet on Fulton Market is paying off
Thor Equities’ investment in booming Fulton Market is paying dividends. In its latest move, the New York-based firm led by Joseph Sitt sold a 98,000-square-foot office building it developed for $85 million, according to Crain’s. That…
Kelly Clarkson looks to shed Encino farmhouse
Singer-songwriter Kelly Clarkson is seeking $10 million for her Encino farmhouse. …
Elon Musk lists another 5 homes for nearly $100M
Elon Musk has turbocharged his vision to sell off his many homes, listing four more Bel Air properties and another in the Bay Area for around $100 million. Earlier this month, the billionaire entrepreneur took to…
Gene Autry’s famed Palm Springs ranch sells for a 2020-high $7 million
In Palm Springs, an impressive estate once owned by cowboy crooner Gene Autry has sold for $7 million, one of the highest sales in the city’s history. …
Councilman: Resume land-use reviews — but just for Rikers
A City Council member thinks it is time for the city to restart its land-use review process for one plan only: Rikers Island. Costa Constantinides, whose district includes the city’s notorious jail, wrote this week to…
Small Talk: Every First Quarter Earnings Call
Hi, everyone, and thank you for joining us on our first-quarter earnings call. Hopefully, you’ve all received our hastily revised presentation by now, and if you haven’t, just picture a collage of arrows pointing aggressively downward….
Beachwood Canyon traditional with Oscar ties seeks $2.4 million
The Beachwood Canyon home of Oscar-winning set decorator Victor Zolfo is for sale at $2.399 million. The 2,800-square-foot house was previously owned by screenwriter Kelly Marcel and the family of actor Burt Lancaster. …
This landlord’s legal win could give boost to other owners in overcharge cases
In another win for landlords, a state Supreme Court judge found that the new rent stabilization law’s rules don’t apply to a 2015 rent overcharge case. State Supreme Court Judge Robert Reed ruled on Friday that…
Innovative Appliances From SMEG – An Important Category During The Pandemic
Aaccording to retail intelligence company Stackline, refrigerator sales in the United States are one of the top 50 growing categories during coronavirus, up +160%….
Almost 90% of renters have made payments in May: report
Nearly 9 in 10 apartment households had paid at least some May rent as of Wednesday, according to the National Multifamily Housing Council. Through May 13, the organization said, 88 percent of the 11.4 million market-rate…
Covid and the courts: Wave of lawsuits target busted real estate deals
In suing to break its lease, a rock-climbing gym contends its business plans for a New York location were “completely destroyed” by social-distancing measures. One lender’s answer to a developer’s lawsuit seeking to avoid foreclosure called…
How Might Buyer And Seller Priorities Change In The Post-COVID Housing Market?
How might buyer and seller priorities change post-COVID? It’s an interesting question with potentially widespread implications for the housing market as many homeowners and prospective buyers start to revaluate both what they want, and what they…
Staying on the sunny side: South Florida resi brokers see upside in coronavirus
As the rest of the country was shutting down in March, South Florida’s top brokers were getting phone calls from wealthy out-of-towners looking for high-end homes they could rent — preferably with a pool and spacious…
