The Island Brokers Are Overwhelmed

The wealthy want to escape the pandemic to a private, isolated paradise. The people who sell islands have to explain: It’s complicated.

#coronavirus-2019-ncov, #real-estate-and-housing-residential, #real-estate-brokers, #renting-and-leasing-real-estate, #travel-and-vacations, #travel-warnings

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Virtual Tours Are Here to Stay. This Is How to Do Them Right.

The open house is dead. Long live the open house.

#3-d-devices-and-effects, #content-type-service, #new-york-city, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #video-recordings-downloads-and-streaming

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Manhattan Vacancy Rate Climbs, and Rents Drop 10%

There were more than 67,300 units available in July across the city as it tries to rebound from the coronavirus outbreak.

#amazon-com-inc, #douglas-elliman-real-estate, #economic-conditions-and-trends, #facebook-inc, #landlords, #miller-samuel-inc, #miller-jonathan-j, #modern-spaces, #new-york-city, #real-estate-brokers, #recession-and-depression, #renting-and-leasing-real-estate, #streeteasy

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A Final Listing for a Beloved Manhattan Broker

The estate of Robby Browne, a top real estate broker who died of Covid-19, is selling his Central Park West condo, where celebrities and friends once mingled.

#browne-robby-1948-2020, #corcoran-group, #coronavirus-2019-ncov, #real-estate-and-housing-residential, #real-estate-brokers, #upper-west-side-manhattan-ny

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The Biggest Bedroom Is No Longer a ‘Master’

The term’s racist and sexist undertones lead New York’s real estate community and others to rethink outdated industry jargon.

#black-people, #discrimination, #houston-tex, #manhattan-nyc, #race-and-ethnicity, #real-estate-and-housing-residential, #real-estate-brokers

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Real Estate Agents Return to Work as City Reopens

In-person showings are back with coronavirus protocols, but potential buyers or renters may continue to prefer virtual tours.

#coronavirus-reopenings, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers

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Home Prices Are Rising, Along With Post-Lockdown Demand

The real estate market is challenging this spring — all the more so because lenders are checking, and rechecking, borrowers’ finances in response to the economic turmoil of the pandemic.

#coronavirus-2019-ncov, #interest-rates, #mortgages, #national-assn-of-realtors, #new-york-state-assn-of-realtors, #personal-finances, #real-estate-and-housing-residential, #real-estate-brokers, #realtor-com, #subprime-mortgage-crisis

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Homebound Buyers Ask: Is a Picture Worth $1 Million?

The coronavirus outbreak has exposed how the real estate industry’s reliance on face-to-face deals can be a weakness.

#appraisals-and-valuation-property, #condominiums, #coronavirus-2019-ncov, #new-york-city, #real-estate-and-housing-residential, #real-estate-brokers, #renting-and-leasing-real-estate, #shutdowns-institutional, #video-recordings-downloads-and-streaming

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