Manhattan home prices held steady during the second quarter of 2010 but transactions were 81% higher than this time last year. There were more than 2,700 sales during the three months ended June 30, according to one report, which is average in a normal real estate market but up significantly from the 1,500 sales during the second quarter of 2009.
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While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content
A $706 million jury verdict against Amrock in 2018 was tossed out by a Texas appeals court on Wednesday after it ruled the jury considered invalid legal theories.