Photo by Shutterstock Phoenix, AZ—Gaming REITs have been severely affected by the coronavirus as social distancing takes hold and, more recently, MGM and other casinos temporarily close to mitigate the spread of the virus. “There is a cloud over the head of the travel and leisure industry due to the threat of the Coronavirus,” says
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@properties managing broker Amy Corr says Winnetka maintains its desirability among luxury homebuyers, but older homes that need updating are languishing on the market. Meanwhile homes built within the last decade, especially those close to Winnetka’s resurgent downtown are in demand. View the entire @/The Market: 2019 Fall Outlook at https://www.atproperties.com/at-the-market
How to Prepare for the Next Market Crash. We’ve all seen the headlines, news articles, and obvious signs that we’re headed into a recession, most likely in 2020. The Fed cut rates last week, there have been multiple inverted yield curves, unemployment levels are at 10 year lows (can only go up), and there have
According to the results of a new study, real estate agents across the country have systemically been steering African American homebuyers to buy homes in neighborhoods that are overly polluted by corporate waste. This is environmental racism, and the homebuyers are rarely, if ever, told about the potential dangers of the property they purchase. Ring
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Manhattan, New York. Shutterstock. NEW YORK CITY- Despite the Federal Reserve slashing interest rates to near zero, similar to actions taken during the 2008 Financial Crisis, bankers have pressed the brakes on originating new loans as the economic environment becomes more uncertain amid the coronavirus, Maria Avellaneda, a broker at brokerage firm Compass in New
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images The spring housing market was on its way to becoming the strongest in over a decade, but it will likely turn sharply lower, as the economy shuts down in
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