Workers that are unable to work remotely have accounted for the majority of layoffs during the coronavirus pandemic. According to a report from Apartment List, 20% of workers that cannot work remotely were laid off, compared to only 3% of workers that can work from home. In addition, 41% of workers that cannot work remotely
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CEO of Amazon Jeff Bezos AFP via Getty Images Last summer Jeff Bezos, whom Forbes estimates has a net worth of $143.1 billion, spent approximately $80 million combined on a three-story penthouse and two units directly below at 212 Fifth Ave. Now he’s rounding out his footprint in the building by buying the $16 million
Homebuilders are hurting. U.S. home construction in March endured its worst monthly decline since 1984 as housing starts fell by over 22% from the previous month, the Commerce Department said Thursday. Homebuilder confidence was also pummeled, with one key indicator seeing the biggest drop in its 35-year history. Home construction stocks have reflected the weakness. The iShares
Photo: Getty Based in Orlando, the most visited city in the country, our Florida industrial and investment sales team has been closely tracking the impact of COVID-19 on the Florida industrial real estate market. As one of the most active industrial brokerage teams in Florida, our brokerage is afforded a unique perspective to assess the
Here’s a Real Estate beginner tutorial where I can really cover the blueprints and outline the basics of what’s needed in order to prepare for, and actually invest in real estate. Enjoy! Snapchat/Instagram: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The Real Estate Agent Academy: Learn how to start and grow your career
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The CEO of real estate brokerage Redfin said Friday that demand for homes has shifted to rural areas as people react to the coronavirus pandemic and look to move out of dense urban areas. “We have seen that people are more interested in that house at the foot of the mountains by the lake,” Glenn Kelman
Mohamed El-Erian, Allianz chief economic advisor, joins ‘Squawk Box’ to discuss the state of the U.S. economy and how investors are watching the stock market. Stocks fell on Monday, giving back some of the sharp gains from the previous week, as investors continued to weigh the coronavirus outlook. The Dow Jones Industrial Average slid 450