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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
At first, some who took the mortgage bailout didn't need it, but now most do
As of this week, 4.75 million homeowners are in government or private sector mortgage forbearance programs, according to Black Knight. That is 9% of all mortgages outstanding. New analysis, however, shows a large share of these borrowers initially didn't need the bailout, but now more do. Read Article
Businesses have opportunity to find 'hybrid solution' around working from home: ThirdWay founder
Ben Gillam, founder of ThirdWay, discusses the shift toward remote working amid the coronavirus crisis. Read Article
Offices could be emptier in the future as people work from home. Here's what investors need to know
With most people working from home, and some employers mulling such an arrangement even post-pandemic, the future looks uncertain for office commercial space. Read Article
We're not seeing a decline in home prices: Coldwell Banker Real Estate CEO
CNBC's Kelly Evans and Diana Olick break down existing home sales dropping to lowest levels in nearly 10 years with Ryan Gorman of Coldwell Banker Real Estate. Read Article
The Mall of America hasn't paid its mortgage in two months
Retailers aren't the only ones struggling to pay the bills. Read Article
Work-from-home won't replace company offices, argues CEO whose tenants include Google and Snap
"The ability to mentor younger employees" and develop company culture are "very difficult to do" over videoconferencing, Boston Properties CEO Owen Thomas told CNBC on Thursday. Read Article
Existing home sales post largest decline since 2010
CNBC's Diana Olick breaks down the latest existing home sales data, which saw a sharp decline due to the coronavirus pandemic. Read Article
Home sales dropped nearly 18% in April, while decline in inventory pushed prices to a record high
The economic fallout from the coronavirus hit the housing market hard in April. Read Article
Boston Properties CEO on pandemic's impact on commercial real estate sector
The pandemic is reshaping the workplace, which is now more flexible and remote. Owen Thomas, CEO of Boston Properties, joins "Squawk Box" to discuss whether it could have a lasting impact on the commercial real estate market. Read Article
Virtual real estate viewings won't replace seeing homes in person, Uncle CEO says
Ryan Prince, CEO of Uncle, says home sales and rentals have been "pretty paralyzed" by the U.K.'s lockdown. Read Article