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CENTURY 21 DAWN'S GOLD REALTY
Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Coronavirus is still smashing through markets — but investors have found one they like
Coronavirus has slowed in China, and there's a growing appetite among fund managers to start buying there again. Read Article
Logistics and data centers are some of the most favorite real estate investments at the moment: CBRE
Henry Chin from real estate services and investment firm CBRE says there are some bargain hunting opportunities in the market right now due to the coronavirus outbreak. He shares who the top investors are and some of their most favorite investments in the commercial sector at the moment. Read Article
Virtual home tours spike
Zillow saw a 190 percent increase in online 3D home tours. CNBC's Diana Olick reports how some companies are helping home buyers attend open houses while social distancing. Read Article
Pending home sales jump 2.4% in February
CNBC's Diana Olick reports the latest round of data for pending home sales for February 2020. Read Article
February pending home sales jump over 9% annually, ahead of major coronavirus impact
Homebuyer demand was strengthening markedly just before COVID-19 began its spread across the U.S. Pending home sales, which measure signed contracts on existing homes, rose 2.4% in February compared with January. Sales were up a steep 9.4% annually, according to the National Association of Realtors. That is the highest pace in exactly three years. Read Article
Virtual, robot and solo home touring soar as social distancing hits the housing market amid coronavirus fear
Much like all interaction in the age of COVID-19, home touring is moving online and going solo. Read Article
Mortgage lenders: Fed's security purchases threaten US housing market
The Fed launched an aggressive use of its powers to help lift the economy as social distancing measures increased to stop the spread of coronavirus continue. CNBC's Steve Liesman reports on whether the experts think the Fed's efforts will be enough. Read Article
New Jersey Gov. Phil Murphy announces a 90-day grace period on mortgage payments
Homeowners in the Garden State are getting a 90-day grace period on mortgages, according to Gov. Phil Murphy. In that time, late fees and other expenses will be waived, as well. Read Article
'Listing Impossible' star Aaron Kirman says coronavirus could devastate the real estate market
Real estate is the latest sector to fall victim to the coronavirus pandemic, leaving Realtors scrambling to cancel open houses. People looking to buy or sell a home will face uncertainty and long waits. Read Article
WeWork reassures investors it has enough cash to weather coronavirus downturn
In a global downturn, WeWork's business model of renting short-term office space, while holding longer-term leases, is particularly vulnerable. Read Article