RE Rundown (9/5/20)

How Art Basel Miami Beach’s cancellation will impact real estate

Art 🎨 Basel Miami Beach 🏝 usually generates $5 million 🤑 in revenue for Miami-Dade’s largest hotel, the iconic Fontainebleau resort. The 1,500-room property 🏨 is always sold out during the first week of December, as visitors 👨‍👩‍👦‍👦 flood the area, said executive Philip Goldfarb...

Amazon launches ‘Alexa for Residential’ to help property managers add voice to smart apartments

Amazon is launching a new 🆕service for property managers called “Alexa for Residential” 🏘 that makes it easier to deploy and manage voice-enabled 👄devices and experiences in apartment buildings. Residents don’t need to have an Amazon account, purchase any devices 📱, or set up anything in an apartment, the company said in a blog post about the launch on Thursday.

9 Dumb Ways You Are Ruining Your Home Value

Your home 🏠 might be your biggest asset 🏦— and yet, you could be inadvertently making it less valuable 🏚. Some updates and renovations can backfire 🔥 when it comes time to sell.

Mortgage expert on the impact of the shift in the real estate market

Sanjiv Das, CEO of mortgage 📃 company Caliber Home Loans, joins “Squawk Box” to discuss the state of the real estate market across the country 🇺🇸 as the coronavirus 🦠 pandemic pushes residents 🤨 out of the cities 🌇 and into the suburbs 🏘.

Why you don't want to live in a tiny house

Are you sure 🤔 you want that and not just a two-bedroom bungalow ⛺️or apartment 🏢or condo? Are you sure you know what goes into buying a tiny home besides, you know, the home? Unsurprisingly, it's a bit more complicated 🤯 than just buying a small, custom-built cabin or trailer and turning the key 🔑. We checked around with experts 🤓 and found a few obstacles and drawbacks to think twice about before going small.