According to ATTOM Data Solutions third-quarter 2020 U.S. Home Flipping Report, 57,155 single-family homes and condominiums in the United States were flipped in the third quarter of 2020.
National property broker Redfin is reporting this week that 53.6 percent of U.S. home offers written by Redfin agents nationwide faced competition in November 2020. While that's down from a revised rate of 58.5 percent in October, it represents the seventh-straight month in which more than half of Redfin offers encountered bidding wars.
The median rental price plummeted 22 percent in November from a year earlier to US$2,743 a month, according to a report on Thursday by appraiser Miller Samuel and brokerage Douglas Elliman Real Estate. That's the lowest in data going back to October 2010.
According to JLL's newly released Residential Market Monitor report, Hong Kong property developers are expected to reconfigure apartment design to suit the working needs of dwellers as flexible workplace arrangement becomes more common in 2021.
Things are coming to a boil in the market for U.S. homes, and it may be the right time to sell.
Mall owners CBL & Associates and Pennsylvania Real Estate Investment Trust have filed for Chapter 11 bankruptcy protection, highlighting the pressures the retail real estate industry is facing because of the coronavirus pandemic.
Brazil’s housing market remains fragile with house prices in Sao Paulo rising by a minuscule 0.21% during the year to Q3 2020, following annual growth of 0.31% in Q2, declines of 1.01% in Q1 2020, 1.96% in Q4 2019, 0.88% in Q3, 1.29% in Q2 and 2.41% in Q1. On a quarterly basis, house prices in Sao Paulo were almost unchanged in Q3.
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