With many federal unemployment benefits introduced in the wake of the coronavirus pandemic set to expire at the end of the month, it’s feared that millions of Americans could face eviction from their homes. HousingWire reports that almost 44 million Americans have filed for unemployment since mid-March, when the pandemic began. And with 110 million […]
Zillow says homes are selling at their fastest pace for 2 years
July 6, 2020 by
Homes are selling faster now than any time since spring 2018, a new Zillow analysis shows. It means that potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list. Though many sellers have taken a wait-and-see approach […]
A quarter of U.S. home buyers intend to relocate to smaller cities & towns
June 30, 2020 by
One quarter of home buyers say they’re planning to move from their current residence, with many saying the COVID-19 pandemic has convinced them to relocate to smaller towns and cities. Redfin reported last week that its database of more than one million house hunters shows that a record 27% are looking to move to a […]
LGBT buyers can’t afford homes in areas with protection from discrimination
June 24, 2020 by
Lesbian, gay, bisexual, and transgender home-buyers and renters must pay a premium to live in states, cities and counties that offer legal protection from discrimination. While it is unlikely that legal protections for LGBT people increase home values, the fact that these jurisdictions are more expensive has a disproportionate impact on LGBT buyers and renters […]
Red Swan Digital Deals Web Series June 23rd
June 19, 2020 by
Blockchain has been working to transform the landscape of property investment, operations and capital markets for many years now. The goal is to create fractional ownership of real estate, which makes the investment process much more efficient by allowing assets to be divided into fractional shares called digital securities. This makes real estate investment similar […]
COVID-19 forces almost 3 million adults to move back home
June 15, 2020 by
Growing unemployment across the U.S. has prompted millions of adults to move back in with their parents. As a new Zillow analysis shows, the potential rent lost from Gen Z alone could total an estimated $726 million, and the ripple effects of their next move could have far-reaching consequences for the housing market. The number […]
Real estate industry leaders speak out on George Floyd protests
June 8, 2020 by
Real estate leaders have spoken out in the wake of the murder of George Floyd and the resulting protests against police brutality, vowing change in the industry. National Association of Realtors President Vince Malta led the way, calling the death of Floyd “senseless and tragic”. He expressed sympathy for the family of Floyd, as well […]
Will it be a buyer’s or a seller’s market this year?
May 31, 2020 by
Real estate market experts were optimistic of an extremely hot seller’s market in 2020, but then along came the coronavirus pandemic. “We are in uncharted territory,” Caleb Liu, a real estate investor and owner of House Simply Sold, told The Mortgage Reports. He said that some homeowners may be forced to sell due to economic […]
U.S. companies plan a phased return to work
May 21, 2020 by
American firms are likely to take a gradual and cautious approach as they reopen their workplaces amid the COVID-19 pandemic, according to a new survey from commercial real estate company CBRE. Most companies will follow social distancing protocols and readjust their workplaces to ensure they can be implemented. Around half of the 203 companies surveyed […]
Our COVID-19 Fortunes Ride Like Those of UK Billionaires
May 18, 2020 by
During this crisis our fortunes are tied to billionaire property giants hard-put to overcome this crisis. Here’s a lesson in sticktoitiveness.
