Fannie Mae’s Economic and Strategic Research (ESR) group says it expects the U.S. gross domestic product (GDP) to decline by 35 percent (annualized) in the
As some states reopen from the nationwide coronavirus shutdown and open houses reemerge, buyers are coming back to the housing market much faster than expected.
Mortgage rates have held steady for the past three weeks, a remarkably calm period after early spring’s wild swings According to the latest data released
Silicon Valley workers are rethinking their sky-high rents and considering moving now that major tech companies won’t reopen their offices this year. Facebook and Google
Starbucks Corp. is asking its landlords for rent concessions for a year at some of its company-owned locations, to offset the damage the coronavirus pandemic has
A Czech billionaire has bought a 5% stake in Macy’s, looking to reconfigure the company and turn a profit amid a retail reckoning. Daniel Kretinsky, one
The owners of a landmark resort on Canandaigua Lake say they are closing it down and making it their personal property. The Bristol Harbour Resort
COVID-19 has had a devastating effect on the economy, financial markets and real estate values. This article will provide the technical and factual information on
The coronavirus has not treated all asset classes equally, and neither will a recovery. On Wednesday’s Walker Webcast, real estate economist and professor Peter Linneman and
As many city dwellers ride out the coronavirus pandemic in their apartments, there’s a sudden rush on real estate in the suburbs. “I would describe
The average rate on the popular 30-year fixed mortgage just fell to 3.09%, a record low, according to Mortgage News Daily. A weaker-than-expected read on
Thousands of people who own property in suburban Syracuse are being notified that the assessed values of their homes, businesses and farms are increasing. It’s
From the office of Representative Antonio Delgado: Decreasing Revenues During The Pandemic Are Leaving NY’s Local Governments Strapped; Dedicated Federal Funding for Local Communities Would
The developer and construction manager behind a planned new hotel in downtown Niagara Falls are poised to start work as soon as New York Gov.
Ford’s stamping plant in Hamburg will resume production on May 18, as part of a wider “phased restart” of the automaker’s factories. The Route 5
The coronavirus crisis has ravaged not only the nation’s economy, driving down the stock market and pushing roughly 16 million people into unemployment, but its
On May 1, many towns published their tentative assessment roll as required by the Real Property Tax Law.[1] Â However, the Governor of New York issued
The Town of Canton Board of Assessment Review will be hearing resident’s complaints over property tax assessments this year while still complying with the state’s
Noco has launched a new division called Noco Enterprises, focusing on business acquisitions and new market opportunities. Noco’s president, James Newman, views the entity as
The Newfane Pro-Am Golf Course, a nine-hole par-3 course in business since 1993, is for sale. David Doerr, an associate broker with Hanna Commercial Real
The Delaware property tax system’s use of decades-old valuations for tax purposes unconstitutionally treats taxpayers unequally, a chancery court chancellor has said, ruling in favor
Many property owners in the City of Newburgh recently saw large increases in the assessed values of their properties, causing many people to fear a
A New York trial court properly found there was enough evidence to show a Long Island property with 96 cottages was overassessed and it was
A new survey by the National Association of Realtors found that three of every four agents say their clients haven’t cut their listing prices to
The world of commercial real estate is getting turned upside down by the coronavirus pandemic. We’re seeing the first signs of stress in the industry
Mall owners in New York are coping with mass layoffs and rent delinquencies — even as they hope to reopen in the coming months —
New York’s wealthy are moving their money — and often their families — into surrounding suburbs and exurbs as they look to escape the coronavirus hotspot
SEATTLE, April 23, 2020 /PRNewswire/ — (NASDAQ: RDFN) — Home-buying demand shook off more than 5 million new claims for unemployment assistance and continued to strengthen
Larkin Development Group has purchased Unilock Inc.’s properties along the northern edge of the Larkin District. Larkin paid $550,000 for four parcels including Unilock’s headquarters
The coronavirus crisis hit residential real estate right before the start of its typically busy spring season—but one analyst says there are signs that the
