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Despite a housing market that has remained solid during the COVID-19 outbreak, the hesitancy of potential sellers is contributing to one of the most acute shortages of available homes in decades.
August 11 -
Florida’s favorable tax laws have long been a draw for high-net-worth individuals, but the pandemic’s disruptions — to work, school, public safety and northern states’ budgets — have increased the allure, pushing many of the wealthiest to finally make good on aspirations to relocate.
August 3 -
The coronavirus pandemic and economic shutdown have created in the Syracuse, N.Y., area the hottest housing market in recent history, agents say.
July 2 -
Manhattan home sales plunged the most on record in the second quarter, while New York was shut down to prevent the spread of COVID-19.
July 2 -
The shutdown imposed by the coronavirus pandemic may have caused an abrupt drop in the real estate business, but early indications show the recovery will come just as quickly.
June 24 -
Now the shutdown has stretched into mid-June, effectively canceling the long-anticipated Memorial Day listings bonanza.
June 10 -
A house in Cornwall, N.Y., goes on the market and has eight buyers check it out in one day. Two promptly offer the full price of $305,000, which the winning bidder later upped to $340,000.
June 8 -
One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.
June 4 -
The ripple effect of buying, spending can drive small businesses back to success.
May 26Catskill Farms -
The global hospitality industry is facing the worst downturn in its history, and New York, the epicenter of the coronavirus outbreak in the U.S., is poised for a painful recovery.
May 15