Articles by Erin Hudson

(iStock)

Déjà vu: New home sales hit 14-year high in August

Last month, new single-family homes were snapped up in numbers not seen since before the Great Recession, following the...

Déjà vu: New home sales hit 14-year high in August
Larry Korman (Photo by Emily Assiran)

The self-lockdown lifestyle of AKA’s Larry Korman

Life under quarantine has brought big changes for everyone. For Larry Korman — the head of property development, management...

The self-lockdown lifestyle of AKA’s Larry Korman
The Real Deal's Amir Korangy, Fredrik Eklund and Louise Sunshine

Louise Sunshine and Fredrik Eklund hold court on selling luxury

Selling luxurious new development is now an online game best played en masse, according to industry veterans Louise Sunshine...

Louise Sunshine and Fredrik Eklund hold court on selling luxury
An increase in mortgage applications came despite interest rates ticking up (iStock)

Applications for home mortgages surged last week

The final week of summer saw a surge in demand for mortgages from homebuyers and homeowners alike. An index...

Applications for home mortgages surged last week
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic....

Landlords lost about $9B in rental payments last quarter: report
As rates hold steady at 3 percent, the average loan hit another record high: $370,200 (iStock)

Size does matter: Mortgage loan average swells to new record

As applications for home loans dropped last week, the average loan size continued to break records. The number hit...

Size does matter: Mortgage loan average swells to new record
Ryan Serhant (Getty)

Ryan Serhant leaves the Nest

Ryan Serhant is marking 12 years in real estate by striking out on his own. The celebrity broker is launching his own brokerage, Serhant, that will focus on selling New York City properties through...

Ryan Serhant leaves the Nest
The average size of a home loan hit a new record of $368,600 (iStock)

Mortgage size hits record high as rates slip

As rates slipped, the volume of Americans seeking mortgages rose — and the average size of loans hit a...

Mortgage size hits record high as rates slip
Joe Biden (Getty)

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?

This story was originally published in August 2020. Presidential candidate Joe Biden’s proposal to axe like-kind exchanges for real...

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?
Ken TaeHern Kim, Zhongyuan Li and the Hyatt Regency Waikiki Beach (Linkedin, Google Maps)

Allegations fly in trial over Anbang and Mirae’s $5.8B hotel deal

The embittered parties fighting over a $5.8 billion hotel portfolio sale went to trial this week to decide the...

Allegations fly in trial over Anbang and Mirae’s $5.8B hotel deal
Mortgage Banker Association’s weekly index shows a decrease in refinance applications in the third week of August 2020 (iStock)

Refi applications fall again

Refinancing activity plummeted last week while applications to purchase homes remained flat — and substantially higher than a year ago. An index tracking the volume of mortgage applications to buy homes each week, known...

Refi applications fall again
Joe Biden (Getty)

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?

Presidential candidate Joe Biden’s proposal to axe like-kind exchanges for real estate — part of his plan to offer...

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?
(iStock)

Home loan applications rise as rates fall to another record low

Applications for home loans rose last week, though concerns about supply and the economy linger. The volume of applications...

Home loan applications rise as rates fall to another record low
Arne Sorenson (Getty)

Marriott claims Covid-induced crisis for hotels has bottomed out

Marriott International believes the hotel industry believes the worst is over, so it’s halting its relief measures for hotel...

Marriott claims Covid-induced crisis for hotels has bottomed out
Gary Keller (iStock, Courtesy of Keller Williams)

Keller Williams reports 15% drop in sales in Q2

Keller Williams saw sales volume plunge and the number of new home listings fall, as the pandemic brought many...

Keller Williams reports 15% drop in sales in Q2
Hilton CEO Chris Nassetta (Getty, iStock)

“We’re not crying in our milk”: Hilton eyes new hotels despite $432M loss in Q2

Hilton Worldwide Holdings pressed on with developing new hotels despite heavy losses last quarter. The hotel giant opened 60...

“We’re not crying in our milk”: Hilton eyes new hotels despite $432M loss in Q2
Douglas Elliman chairman Howard Lorber (Lorber by Chip Somodevilla/Getty Images; iStock)

Douglas Elliman’s New York revenues fall by half

Douglas Elliman tried to get into fighting shape last quarter, trimming $20 million in costs through layoffs, furloughs and...

Douglas Elliman’s New York revenues fall by half
The weekly survey tracking purchase loans saw a seasonally adjusted decline of 2 percent in the final week of July. (iStock)

Home loan applications fall again amid tight credit rules, weak job market

The volume of applications for home loans fell again last week, due to a weak job market and tightening...

Home loan applications fall again amid tight credit rules, weak job market
Marwan Kheireddine (inset), Jennifer Lawrence and 400 East 67th Street (Getty, Compass, BDL Accelerate)

Jennifer Lawrence sells NYC penthouse at 37% loss

Oscar winner Jennifer Lawrence sold her 4,070-square-foot Upper East Side penthouse at a hefty loss. The actress sold the...

Jennifer Lawrence sells NYC penthouse at 37% loss
Fears over a second wave of coronavirus infections and the wait-and-see for the next round of government relief has led U.S. homebuyers to hit pause. (iStock)

Mortgage applications fall as fears of second wave rise

Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume...

Mortgage applications fall as fears of second wave rise
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