Report Paints a Grim Forecast for U.S. Hotels
Global real estate giant CBRE released an updated 2020 forecast Tuesday in light of the COVID-19 pandemic, projecting a 37 percent decline in U.S. revenue […]
Month: March 2020
WeWork: From Bad to Worst
Reports have surfaced that SoftBank may walk away from the US$3 billion tender offer it committed to co-working startup WeWork following its aborted IPO plans. According to […]
CBRE Leads Global Real Estate Investment Sales
Los Angeles-based CBRE has been named 2019’s global leader for commercial real estate investment sales, according to a report by Real Capital Analytics. RCA said […]
Coronavirus Update #1: Foreclosures Halted, Refinance Rush, New Tax Deadline
The unprecedented consquences of the global spread of coronavirus is rapidly changing the economic landscape, including the impact on real estate and finance. Evictions and […]
Coronavirus is Starting to Impact Home Buying Behavior
According to a new report by the National Association of Realtors, nearly 1 in 4 U.S. home sellers nationwide are changing how their home is […]
Fears of Coronavirus Drive 30-Year Fixed Rates Down to an 8-Year Low
Fears of an economic slowdown drove down mortgage rates to an average of 3.23 percent, substantially lower than the average of 4.47 percent on February […]