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The Remote Work Revolution Will Be Bigger Than We Think

Superstar Cities Are in Trouble Derek Thompson © Getty / The Atlantic Some evenings, when pandemic cabin fever reaches critical levels, I relieve my claustrophobia by escaping into the dreamworld of Zillow, the real-estate website. From the familiar confines of my Washington, D.C., apartment, I teleport to a ranch on the outskirts of Boise, Idaho; to a patio nestled in the hillsides of Phoenix, Arizona; or to a regal living room in one of the baroque palaces of Plano, Texas. Apparently, many of you are doing the same thing. Zillow searches have soared during the health crisis, according to Jeff Tucker, the company’s chief economist. “We’ve seen online searches for Boise, Phoenix, and Atlanta rising fastest among people who live in coastal cities, like Los Angeles and New York,” Tucker told me. Higher search volumes on Zillow have coincided with a booming housing market in the South and the West, as rents fall in expensive coastal cities.

13 Must Reads for the CRE Industry Today (Dec 17, 2020)

13 Must Reads for the CRE Industry Today (Dec. 17, 2020) The Commerce Department reported that retail sales fell a seasonally adjusted 1.1 percent in November and October sales were revised down to a decline of 0.1 percent. Bisnow analyzed whether or not the news of recent corporate moves to Miami are harbingers of a larger trend. These are among today’s must reads from around the commercial real estate industry. U.S. Shoppers Pull Back Spending at Start of Holiday Season “U.S. retail sales, a measure of purchases at stores, restaurants and online, dropped a seasonally adjusted 1.1% in November from the prior month, the Commerce Department said Wednesday. October sales were revised to a decline of 0.1% from an earlier estimate of a 0.3% increase. Sales were up by 4.1% in November when compared with the same month a year ago.” (

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