TRD Insights: Nationwide office leasing demand...
by By Kevin Sun on 2020-08-05 at 1:45 PM
The coronavirus pandemic and its economic aftermath have put a damper on office leasing across the U.S. By one measure, the decline in demand for office space in the second quarter was the largest the country has seen since the dot-com crash. Net absorption in the U.S. office market — the amount of space leased minus vacated space and new space — turned negative for the first time a […]
Citadel hedge fund exec buys Palm Beach home for...
by By Katherine Kallergis on 2020-08-05 at 12:45 PM
Esure insurance founder and chairman Peter J. Wood sold a Palm Beach home to Edwin Lin, who heads Citadel’s global fixed income practice. Wood, an English multimillionaire businessman, sold the 6,278-square-foot house at 113 Clarke Avenue for $9.65 million, or $1,537 per square foot. Lin and his wife, Vivian Chiu of New York, purchased the property, records show. Meanwhile, Lin and Chiu are […]
Eviction, foreclosure freeze in Florida delaying...
by By Katherine Kallergis on 2020-08-04 at 10:30 PM
Florida Gov. Ron DeSantis’ latest extension of the ban on residential foreclosures and evictions is expected to flood the courts with new filings once it is lifted, as layoffs continue to mount and federal funding runs out, real estate attorneys told The Real Deal. “Mortgage lenders are getting nervous that the people they’re lending money to are no longer getting paid,” […]
Why Homeowners Have Great Selling Power Today
by KCM Crew on 2020-08-05 at 10:00 AM
We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable.
Today’s Buyers Are Serious about Purchasing a...
by KCM Crew on 2020-08-04 at 10:00 AM
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply
Experts Weigh-In on the Remarkable Strength of...
by KCM Crew on 2020-08-03 at 10:00 AM
America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential
Real-estate reckoning on ‘master bedrooms’ as...
on 2020-08-05 at 11:39 AM
Real-estate reckoning on ‘master bedrooms’ as a racist term took place after years of discussion — yet many home builders dropped the term years ago MarketWatch
Is a Pandemic a Good—or Horrible—Time To Buy...
on 2020-08-05 at 11:17 AM
Is a Pandemic a Good—or Horrible—Time To Buy a Vacation Home? Realtor.com News
Single family rental inspection proposal put on...
on 2020-08-05 at 11:11 AM
Single family rental inspection proposal put on hold The Times Weekly