When economists look back on the turbulence of 2020 and the profound consequences of the coronavirus pandemic, one area that will warrant close attention is the performance of the U.S. housing market. A new analysis from online real estate marketplace Zillow puts the strength of the housing market in stunning perspective. U.S. housing gained nearly […]
At the start of the coronavirus pandemic last March, the course of the U.S. housing market seemed anything but safe to assume. There were concerns about how to show homes and whether potential buyers would shrink away for fear of their financial security. But as 2020 played out, it became abundantly clear that America’s appetite […]
Destination real estate has always been an in-demand target for homebuyers, whether for vacationing or as a keen-eyed rental investment. But could the ski town slopes be edging out America’s eternally popular summer beach locales? A new report from the National Association of Realtors illustrates a surge of interest in U.S. ski towns, specifically in […]
Few sectors of the U.S. economy have been as deeply impacted by the coronavirus pandemic as commercial real estate. From restaurants and hotels to offices, gyms and malls, COVID-19 has pinned the industry into a corner — and it’s not yet clear whether the worst has arrived. For months, lenders have shown forbearance to building […]
The disruptive course of 2020 has taught us all important lessons about what we can and can’t plan for in life. For some, the coronavirus pandemic has put important decisions on hold. For others, it’s been a time of bold change. After a shock in March and April, the U.S. housing market quickly kicked back […]
With cyber shopping 2020 in full swing, the dash for the best deals online is a stark reminder of the trend toward e-commerce and away from brick-and-mortar retail. That shift has been on hyperdrive since the start of the COVID-19 pandemic, which has hammered retail establishments through lockdowns, restrictions, second waves, and cautious consumers opting […]
The race for a safe and effective COVID-19 vaccine took another important step forward on Monday, when Moderna announced the preliminary results of its phase three clinical trials. The pharmaceutical company reported that the vaccine was 94.5% effective in preventing infection by triggering an immune response using messenger RNA. Moderna is now the second company, […]
With time winding down to the 2020 presidential election on Nov. 3, the typical hyperdrive of American politics is in full swing. As always, apart from the partisan divide, there are some very practical effects that elections tend to have on real estate in the United States. Historically, presidential elections have slowed down home sales […]
More than six months into the coronavirus pandemic, assessing damage in the commercial real estate market is now more feasible in a broader economic context. And it’s not pretty, according to recent appraisals of commercial mortgage-backed securities. With a surge in defaults on payments and special servicing of commercial loans, appraisals on the value of […]
One of the most remarkable developments to come from the coronavirus pandemic has been the soaring suburban real estate market in regions across the United States. Perhaps nowhere has this trend been more evident than in the Philadelphia area and large parts of New Jersey, where median home prices have soared in 2020. In February, […]
