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How to Bring Eco-Conscious Beauty to Your Home

April 20, 2020

Source: sothebysrealty, Original Article Andalucia, Spain | Elena de Miguel, Kristina Szekely Sotheby’s International Realty As more people become increasingly aware of the effects of our energy consumption on climate change, homeowners are choosing to adopt more sustainable design solutions. Creating a welcoming, stylish home is now as much about putting thoughtful care into responsibly sourced furnishings as it is about pickin...

Filed under: Headlines by Alec Reimon

Brooklyn’s priciest home sale closes at $20.3M

April 18, 2020

Deal struck in 2018 for waterfront penthouse completed virtually Source: Sylvia Varnham O’Regan, TheRealDeal New York Quay Tower, at 50 Bridge Park Drive The headline in 2018 said, “Brooklyn could see a new resi record. But a lot can change before the deal closes.” A lot did change. Yet the deal still closed this month for a cool $20.3 million, public records show. The record-setting transaction, for a combined penthous...

Filed under: Headlines by Alec Reimon

Guide to Buying a Home in the Heat of a Coronavirus Crisis

April 17, 2020

Only extremely urgent operations will be closed before a notary Source: Porta Mallorquina Source: Idealista News The health and economic crisis caused by the coronavirus in Spain has paralyzed thousands of home sales. Only those operations with mortgage deeds that are of extreme urgency will be signed before a notary. And for those who are looking for a new home, now is a good time to contact the sellers and resolve doubts about the desired ...

Filed under: Headlines by Alec Reimon

‘Real Estate’ in Spain Will Live up to Its Name and Hold Firm During the COVID-19 Crisis, Predicts Agent Adam Neale

April 16, 2020

Once life returns to normal, the country will remain a great place to live and spend time for those lucky enough to own property here PHOTO: THE SPANISH ESTATE Source: Adam Neale (Columnist), The Olive Press THE short-term market prospects for Spanish residential real estate look set for an extended period of uncertainty while Spain and our neighbours in Europe focus on containing the coronavirus pandemic. There are good reasons, h...

Filed under: Headlines by Alec Reimon

South American Family Buys Eight New York Apartments to Stash Cash Amid Coronavirus

April 16, 2020

The buyers paid nearly $27 million for the units at Waterline Square, a three-tower complex on Manhattan’s Upper West Side A rendering of Waterline Square. NOE & ASSOCIATES/THE BOUNDARY SOURCE: KATHERINE CLARKE | ORIGINALLY PUBLISHED ON APRIL 15, 2020 | THE WALL STREET JOURNAL AND MANSION GLOBAL A South American family has paid close to $27 million for eight units at Waterline Square, a new construction residential complex ...

Filed under: Headlines by Alec Reimon

In Los Angeles, Small is a Big Trend for New Developments

April 16, 2020

As the market slowed, downsized luxury condos are trending in the coming season Photo: Pendry Residences West Hollywood Source: Nancy A. Ruhling, Mansion Global Although the Los Angeles condo market as a whole ended 2019 on a dramatic down note, the upper end, comprised of “boutique” developments with prices starting at more than $3 million, more than held its own. Overall, the market saw a 37.9% year-over-year decrease in sales and a...

Filed under: Headlines by Alec Reimon

CEO of mortgage giant Quicken Loans explains how struggling homeowners can ‘skip the payment’

April 16, 2020

CNBC Source: Matthew J. Belvedere, CNBC One of the biggest questions for homeowners facing a coronavirus-related financial hardship is whether to try to pause their mortgage payments. Quicken Loans CEO Jay Farner told CNBC on Wednesday the company wants to educate people that if they “skip the payment,” they’ll still have to pay it eventually. “Our tool right now is something called ‘forbearance,’” Farner said on “Squ...

Filed under: Headlines by Alec Reimon

Housing isn’t as doomed as it may seem – Here’s why

April 15, 2020

But it's going to get worse before it gets better Photo by James Bold on Unsplash Source: Logan Mohtashami, HousingWire The housing reports for March that will be public in April hang in purgatory as strange hybrids of data from before the coronavirus and after the disease shut down the U.S. economy. For this reason, the next existing home sales report from March will not tell you the current story for housing. ...

Filed under: Headlines by Alec Reimon

Queens, NY real estate broker Eric Benaim shares advice on winning business in a downturn

April 14, 2020

Benaim grew his company to 100 agents and $1 billion in annual transactions, capturing 70% market share Photo by Bibi Pace on Unsplash Source: Angela de Gale, HousingWire Editor’s Note: This is the sixth installment in the “Industry Warriors” series, a collection of profiles on veteran real estate professionals and lenders who produced high volumes pre-9/11 and pre-2008, weathered those economic down...

Filed under: Headlines by Alec Reimon

Virtual Closings Prove Logical End Step to New York’s Real Estate Transactions in Age of Covid-19

April 13, 2020

Brokers and sellers are figuring out ways to sign off on apartments entirely remotely Virtual closings are being utilized in New York City. GETTY IMAGES/WESTEND61 In keeping with social distancing and public health rules, New York City’s real estate agents are turning to technology to close deals amid the coronavirus pandemic. The city is the epicenter of the Covid-19 crisis in the United States, with 68,776 confirmed cases and 2,738 death...

Filed under: Headlines by Alec Reimon

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