TRD Insights: International real estate...
by By Kevin Sun on 2020-08-11 at 1:45 PM
Real estate markets worldwide saw investment sales fall in the second quarter, but none as much as the U.S. The Americas region saw deal volume fall to $43 billion in the second quarter of 2020, a 70 percent drop from $141 billion a year ago, according to a new CBRE report. That’s the biggest drop of any major market. Hotels were the hardest hit sector in the Americas, with deal volume […]
Simon’s rent collection inches up in Q2 while...
by By Sasha Jones on 2020-08-11 at 1:30 PM
Across Simon Property’s portfolio of more than 200 U.S. malls, the company lost a combined 10,500 shopping days from April through June. Rent collection, unsurprisingly, plummeted during that period. And so did net income, falling by nearly half, to $254.2 million from $495.3 million over the same period in 2019. Revenue fell nearly 25%, to $1.06 billion from $1.4 billion last year. Those […]
Weekly condo sales fall again in early August
by By Katherine Kallergis on 2020-08-11 at 12:45 PM
Condo sales fell last week, following a sharp rise in late July. A total of 96 condos sold for $57.6 million last week. That’s compared to 153 units that sold for $80 million the previous week. Condos last week sold for an average price of about $600,000 or $360 per square foot. The top sale was at Bayview on Fisher Island. Unit 5203, a penthouse, sold for $15 million, or nearly $1,600 per […]
Current Buyer & Seller Perks in the Housing...
by KCM Crew on 2020-08-11 at 10:00 AM
Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]
The Latest Unemployment Report: Slow and Steady...
by KCM Crew on 2020-08-10 at 10:00 AM
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]
2020 Homebuyer Preferences [INFOGRAPHIC]
by KCM Crew on 2020-08-07 at 10:00 AM
Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs have recently changed and you’re ready to make a […]
Briefs - Naples Daily News
on 2020-08-11 at 12:33 PM
Briefs Naples Daily News […]
See 5 Homes Selling For Less Than $100K In Essex...
on 2020-08-11 at 11:00 AM
See 5 Homes Selling For Less Than $100K In Essex County, NJ West Orange, NJ Patc […]
Realtors Say Many Are Looking For More Space At...
on 2020-08-11 at 10:21 AM
Realtors Say Many Are Looking For More Space At Home, Considering Suburban Areas Amid Pandemic CBS Chicago […]