The post-coronavirus office: more air purifiers, less open floor plans

In the past few weeks, demand for air purification systems has jumped in an effort to provide safer work environments for employees. A shift away from open-concept offices may not be far behind. Continue reading

About half of US small businesses have not paid full April rent

About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading

Post-virus home price growth forecasts show spike in the West

In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading

Northeast markets most susceptible to impacts of coronavirus

Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic. Continue reading

JP & Associates partners with Matterport to make virtual tours available to agents

The partnership between the brokerage and the 3D virtual tour platform will give over 2,500 agents access to creating virtual tours. Continue reading

Wells Fargo suspends jumbo mortgages as demand fades

In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Continue reading

New York state clarifies: Home showings should only be virtual

After confirming that home showings were “essential business” to New York Realtors on Wednesday, the ESDC clarified on Thursday that home showings should be conducted virtually. Continue reading

Number of homes for sale declines 15.7% in March

The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin. Continue reading

Market snapshot: California

A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate is deemed ‘essential’ across the state of California. Continue reading

Home showings allowed to resume in New York: Gov. Andrew Cuomo

Cuomo announced home showings would be allowed to resume, but the announcement has yet to be backed up with guidelines from the Empire State Development Corporation. Continue reading