NEW YORK CITY- The coronavirus pandemic, also known as COVID-19, has put a spotlight on New York City’s economy and the vulnerabilities of its financial sectors, which none are immune to the impacts brought on from the present health and economic crises.
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On a typical March day, Beth Livers, a broker associate at Berkshire Hathaway Home Services in Vero Beach, would be showing several homes a day to prospective buyers.
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Denny Grimes stood on stage at The News-Press’ annual Market Watch event one month ago, declaring that 2020 would beat out 2019 as the best year that the Southwest Florida real estate market has ever seen.
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The first rent payments since the Philadelphia region went on lockdown to try to stop the spread of the coronavirus are due in a week, and property owners and managers are anxiously waiting to see what happens.
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Curious just how far your dollar goes in Philadelphia?
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Major U.S. retail and restaurant chains, including Mattress Firm and Subway, are telling landlords they will withhold or slash rent in the coming months after closing stores to slow the coronavirus, according to people familiar with the situation.
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Lawmakers are working to reach an agreement on a massive stimulus package to combat the economic impact of coronavirus. Real estate investor Tom Barrack, Colony Capital chairman and CEO, is warning commercial mortgages are on the brink of collapse and that we are seeing the beginning of “a second crisis that will occur in the financial markets” if immediate action is not taken by Congress. He joins “Squawk Box” to discuss.
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CNBC’s Rick Santelli and Diana Olick take a look at a series of new data on housing for the month of February.
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“Where are we in the real estate cycle?” This is the No. 1 question I am asked by family offices when it comes to real estate investing. With the proper knowledge about this cycle, family offices can prepare accordingly for what the future holds in real estate.
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The real estate scene in Connecticut has changed. Disruption from millennials paired with a slow-to-recover Connecticut economy and naturally changing tastes and styles has led the housing market in general to trend toward condos or homes with smaller, more manageable properties. Buyers are also increasingly looking for proximity to town centers and avoiding fixer-uppers. Here’s a look at what people from various generations are generally looking for in their homes these days, according to real estate pros.
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