NY falls behind Dallas, LA in CRE investment as...
by TRD Staff on 2020-10-22 at 10:00 PM
After the pandemic dramatically slowed commercial real estate deals across the U.S., the summer saw an uncharacteristically high uptick — but shifting dynamics cost New York City its top spot. Most years, investment increases about 9 percent from the second quarter to the third. This year it soared 37 percent, Bloomberg reported, citing data from Real Capital Analytics. The normally robust […]
September home sales soar in South Florida
by By Katherine Kallergis on 2020-10-22 at 10:00 PM
Residential sales experienced a surge in September throughout South Florida, according to the Miami Association of Realtors. Miami-Dade, Broward and Palm Beach counties all experienced double-digit jumps, year-over-year, in total sales. While the months of supply for single-family homes decreased in Miami-Dade, Broward and Palm Beach counties, the inventory of condos increased in all three […]
South Florida industrial market shows signs of...
by By Wade Millward on 2020-10-22 at 9:30 PM
South Florida’s industrial market — believed to be resilient to coronavirus as demand for distribution space and cold storage grows with online shopping — did show some signs of weakness in the third quarter, according to a newly released report. In Palm Beach County, 350,000 square feet of industrial space was leased in the third quarter, compared to 500,000 square feet in the […]
Home Values Projected to Keep Rising
by KCM Crew on 2020-10-22 at 10:00 AM
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come.
Why Today’s Options Will Save Homeowners from...
by KCM Crew on 2020-10-21 at 10:00 AM
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that up to 30% of homeowners would choose to enter forbearance. Less than 10% actually did,
Americans Are Gaining Confidence in the Economy
by KCM Crew on 2020-10-20 at 10:00 AM
The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on
Hot Homes: 9 houses for sale in Plaza Midwood,...
on 2020-10-22 at 11:43 PM
Hot Homes: 9 houses for sale in Plaza Midwood, starting at $390K Charlotte Agenda
Realtor Association Reports More Sales in First...
on 2020-10-22 at 8:42 PM
Realtor Association Reports More Sales in First Nine Months of 2020 Than 2019 Sarasota
Realtor.com: 'Windy City Rehab' star Alison...
on 2020-10-22 at 8:03 PM
Realtor.com: 'Windy City Rehab' star Alison Victoria is selling her $2.3 million Chicago brownstone ForexTV.com