The value of office buildings and hotel properties, which have all but emptied out since the pandemic began, is expected to take a nosedive.
Critical eviction moratoriums don’t offer much relief for mom-and-pop landlords who still have to pay to keep their buildings operating.
Single-family houses and penthouses remained in demand in December as buyers sought out homes with more personal space.
This year was awful, but it gave rise to some interesting social trends. Here’s what they tell us about the economic future.
After calling the measure a “disgrace,” President Trump abruptly signed it, extending expanded unemployment benefits and an eviction moratorium, and averting a government shutdown.
Inventory is down across the country, throwing the housing market ‘out of whack.’ Here are the metro areas with the greatest changes in listing supply.
Residents of weekly rentals worry they will be kicked out if they can’t pay the rent. It’s unclear if the federal moratorium on evictions applies to them.
Asked not to travel, many New Yorkers are looking to create new traditions. Some residential buildings are stepping into the void, and have already cued Santa and the jazz band.
One long-lasting result of the pandemic may be innovations that make home buying faster.
With Covid looming again, some rental buildings are creating programming that is safe and also captures the imaginations of tenants.
The pandemic paused the housing market for a few months, but it has been on a rebound that has pushed the median price over $700,000.