Real Estate News

valentinrussanov | E+ | Getty Images  If the economic havoc from the coronavirus persists, distressed homeowners could find themselves facing a terrifying prospect next year: Foreclosure. The CARES Act, the pandemic relief act that became a law this spring, sought to keep millions of Americans in their homes. In particular, it gave borrowers with federally
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As Hurricane Laura bears down on the Gulf Coast, residents are preparing for what could be a historic storm surge. The potential for widespread flooding is high, but even after major storms like Hurricane Harvey in 2017, some homeowners in high-risk areas still do not have flood insurance. That’s because today’s federal flood maps, which
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Real estate developer Don Peebles told CNBC on Friday that he anticipates a slow economic recovery for New York City in the wake of the coronavirus pandemic.  “I think New York will ultimately come back. It’ll come back differently. It’ll be a different place, and it will be much more affordable,” said Peebles, CEO of privately
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