The usual ways to assess real estate markets are out the window this year. The standard equation is that more jobs lead to more demand for housing, but with a massive loss of jobs in all markets this year, that analysis doesn’t work. So, how can we now decide which markets are the best bets
Real Estate
A new survey shows a growing comfort with attending open houses again. Boston Globe via Getty Images The coronavirus pandemic has cut into open houses in a major way, but a new survey by the National Association of Realtors suggests potential home buyers are eager to resume visiting open houses. A majority of people, 65%,
TOPLINE During the ongoing protests over the death of George Floyd and racial injustice, Confederate monuments are increasingly becoming targets, with aone statue in Arlington, Virginia, removed Tuesday by its owner, another likely to be removed by the mayor of Birmingham, Alabama, and others across the South targets of protest graffiti.. A statue of Confederate
Los Angeles posted 15 percent listing price gains Getty Here’s some positive housing market news from realtor.com’ s Weekly Housing Trends Report for the week ending May 23. The numbers show more new listings than in previous weeks. That’s a sign of a market kicking into more of a recovery mode. Here are some
EverTalk’s West Hollywood Set EverTalk With everyone spending a lot more time at home these days, finding fresh, evergreen content can be a challenge. Digital platforms like YouTube, Facebook, and Quibi go through great lengths to set themselves apart. But one unique platform called EverTalk, which is available on AppleTV and Roku, accomplishes this in
Brokers in New York City are bracing for more realistic prices as supply outstrips demand. Getty As the New York City real estate market starts its march toward recovery, sellers are starting to peek out of quarantine and list their homes, but there’s no promise that buyers will be following. The third week of May
Pandemice-era lockdowns have heightened homeowner interest in highly customized kitchens featuring … [+] Italian craftsmanship. ITALKRAFT With COVID-19 forcing folks to hunker down over the past two months, kitchens around the country have become more than ever the heart of the home. They’re the focal point not just for cooking meals but for school work,
The extra $600 in weekly unemployment benefits from the federal government expires in July. … [+] Apartment industry experts fear rent payments will plunge as a result. Getty As rent comes due in June, the third month since the onset of the pandemic, and as Congress mulls additional aid to inject into the coronavirus-battered U.S.
Photo: Getty VUCA, like all good acronyms, was coined by the U.S. military, and stands for volatility, uncertainty, complexity and ambiguity. Corporate real estate has largely been stuck in VUCA, forgoing forward-thinking trends in the age of accelerations for dated strategies that are largely linear, long-term and inflexible, making them particularly ill-prepared for the rapidly
Photo: Getty It is difficult to believe that it’s been 12 years since the subprime mortgage crisis and subsequent recession of 2008. Yet 12 years have in fact passed, and we now face a new — and in many ways, even more daunting — challenge to economic survival and prosperity. While the coronavirus pandemic that