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How Delta Variant Affects Real Estate

Aug.06 — Redfin CEO Glenn Kelman discusses how home and office sales have been affected by companies deciding to delay return to office plans as cases of the Covid-19 delta variant surge. He also talks about his company’s 2Q earnings and climate change’s effect on real estate. He speaks with Emily Chang on “Bloomberg Technology.”

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Aug.06 — Redfin CEO Glenn Kelman discusses how home and office sales have been affected by companies deciding to delay return to office plans as cases of the Covid-19 delta variant surge. He also talks about his company’s 2Q earnings and climate change’s effect on real estate. He speaks with Emily Chang on “Bloomberg Technology.”

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13 Comments

13 Comments

  1. Millionaire Mindset Club

    August 6, 2021 at 10:56 pm

    Prices in Texas are THROUGH the roof!

  2. mrPmj00

    August 6, 2021 at 11:04 pm

    …Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown!
    CDC said the Delta variant is 1000 times more contagious than before.

  3. mrPmj00

    August 6, 2021 at 11:04 pm

    AMAZON:
    Yep, I bought a ton on the dip.

    Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

    …With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

    Amazon is investing so much money, that no competitor will ever be able to catch up.

    Amazon’s not going anywhere so I know that eventually it will come back.
    Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

    Get on board or be runover, it’s up to you.

  4. chicofiis

    August 7, 2021 at 12:08 am

    That man makes me feel afraid about real state market

    • Students International

      August 8, 2021 at 6:13 am

      News business model is based on a fear mongering!
      BREAKING NEWS..Everyone and everything is fine!!you’d never get that..ever!!

  5. Barnett

    August 7, 2021 at 1:07 am

    If the real estate guy thinks we might be in a bubble, we’re probably in a bubble.

    • Students International

      August 8, 2021 at 6:12 am

      ???????? not sure about the inference here but ok!????

  6. Tibor Deak

    August 7, 2021 at 4:06 pm

    *The reality of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left”*

    • Glen Cooney

      August 7, 2021 at 4:18 pm

      @Paige through Whats App, his availability is sure????

    • Paige

      August 7, 2021 at 4:20 pm

      @Glen Cooney I have been researching all this while for digital assets investment and I found Bitcoin to be the most profiting of them all, I’m definitely bouncing on this opportunity to work with Michael, thank you so much.

    • Dora Beckley

      August 7, 2021 at 4:21 pm

      He has been able to secure a steady inflow of returns off my crypto, it’s was a lost with this whole pandemic situation causing me my job, it’s just amazing to find Mr Robert and there’s been no regrets ever since.

    • Charles Manson

      August 7, 2021 at 4:23 pm

      I’m happy to see Mr MICHAEL ROBERT mentioned here, My spouse recommended him to me after investing $4000 and he has really helped us financially in this times of COVID-19 lockdown here in Australia

  7. Kevin

    August 7, 2021 at 5:54 pm

    That’s not true. If you’re going remote or leaving California or NYC to work elsewhere you aren’t getting paid your rate in CA or NYC. You are getting market rate in the market your relocate to. How are these people not realizing that?

    This reshuffling isn’t good because it’s driving rates up in small towns.

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Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report.
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Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.”
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Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers will pay even more for a MacBook Pro with touch screens coming for the first time.

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