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Property manager Brandon Scholten is seeing big price drops in some of his listings since COVID-19 hit.“We’re at ,040 but we started at above ,300,” Scholten said about a two-bed, two-bath townhouse in downtown Denver.Scholten, the owner of Keyrenter Property Management Denver, says some of his downtown rental properties are staying on the market 20% longer and that prices have dropped nearly 20% compared to the same time last year. And he believes the plummet is linked to the pandemic.“Especially with so many remote work options now,” Scholten said. “I think all of it is just going to push that pressure outward and you’ll see prices fall in the urban corridor.”What’s Scholten is seeing in downtown Denver is happening to other major metropolitan areas across the country.“The pandemic has shifted the demand for rentals away from these really expensive areas,” said Crystal Chen, a marketing manager with Zumper an apartment rental tracker.Zumper’s recent national rent report found one-bedroom rent prices in San Francisco fell nearly 12% year-over-year, the largest drop that city’s ever seen.Other major cities that saw decline in rent prices are New York, Boston and San Jose. Cities that reported some of the largest rent increases include Lexington, Akron and Anchorage.“It makes sense,” Chen said of the prices changes for rent. “Why would people want to pay a big city price tag if they can’t use the amenities and they’re stuck at home?”With more companies embracing working from home and more people looking to social distance, Chen says more renters are now leaving expensive big cities for cheaper surrounding areas.“Which we like to call the 'Brooklyn effect' since the important factors now are space and affordability,” she said.Space and affordability: two things New York City is not known for.“I’ll be honest, a lot of people are leaving,” said Lauren Feldesman, a real estate agent with Compass. “The number of lease break calls I get a week is astronomical.”Feldesman says she is seeing a huge surplus of downtown apartment rental inventory since coronavirus concerns swept the country.“It’s a tough situation,” she said. "People lost their jobs, they’re furloughed or they have their own businesses and their business is really shut down or has taken a huge hit.”While vacancy rates are going up in major metropolitan cities across the country, some downtown renters are seeing some financial relief.“People are now negotiating down 10, 15, even up to 20% of their rent because there is so many more vacancies now as than there was before,” Chen said.Without a vaccine, however, Chen predicts rental prices in downtown areas will continue this downward trend as the rental demand shifts from cities to the suburbs. 2757

Receiving a wedding invitation should be exciting, not dreadful. But if it’s not the first one this season, or if you’re keeping a wary eye on your budget, getting that embossed white card in the mail could bring mixed emotions — and the search for a tactful way to decline. One-third of Americans have skipped or considered skipping a wedding because they couldn’t afford to attend, according to a recent survey from NerdWallet, conducted online by The Harris Poll. Their reluctance to attend is understandable, considering that the average reported budget for a close friend’s wedding gift was 8, according to the survey. “Many wedding guests look at a friend’s bridal registry and start doing the math,” says Courtney Jespersen, NerdWallet consumer saving expert. “But thankfully, the 0 coffee maker and 0 vacuum aren’t your only gift options.”Here are several budget-friendly wedding gifts that cost far less, or even nothing at all.Go in on a gift with a group. Other guests may be in the same boat, and if the wedding registry has gifts at various price points, there’s an opportunity for you to pool your gift budgets and choose something the couple really have their eyes on. Check with friends you know are on the guest list and choose an amount to spend that fits everyone’s budgets.Shop off-registry. You don’t have to stick to the wish list the couple put together, particularly if there’s nothing on there within your budget. “It’s perfectly fine for a guest to go off-registry,” says Diane Gottsman, national etiquette expert and founder of The Protocol School of Texas. “A registry is a useful guide that makes sure the bride and groom get what they need. However, a guest can also feel free to write a check or purchase something else they know the bride and groom will enjoy.”? MORE: 3 tips for the ideal wedding guestGive an experience. If the happy couple are millennials, there’s a good chance they’d love an experience more than a material gift anyway. Offer to plan and prepare a romantic picnic or help them build a garden in their backyard, Gottsman suggests.Contribute to a larger cause. If it’s good enough for Prince Harry and Meghan Markle, this may work for your friends, too. More than 4 in 10 (43%) millennials say they’d prefer to donate to charity in a couple’s name than buy them a registry gift, according to the NerdWallet survey. This is an appropriate gift if the couple has requested charitable contributions in their name or if you know they feel strongly about a certain cause or organization. Most charities don’t have a donation minimum, so you can spend as much or as little as you want.Help fund a honeymoon (or home). Honeymoon and even down payment funds are increasingly popular choices for couples with pending nuptials. If your friends have set up such a registry, it’s a good option for guests with fixed budgets. ? MORE: How to cut wedding guest costsGet creative. Personalized gifts often mean the most. If you’re artistic, write the couple a meaningful poem or paint them a picture. You could also pay for someone else’s creativity — getting a relatively inexpensive photo frame personalized with the wedding date or couple’s last name, for example, makes a unique gift that may come in well under the average gift budget. “A gift doesn’t have to be expensive to be significant,” Gottsman says. “The most important thing is to let the bride and groom know you’re happy for them and wishing them a lifetime of happy memories.”More From NerdWallet 3626

Relatives of Richard Russell say they are "stunned and heartbroken" after the airline worker stole a passenger plane Friday from the Seattle-Tacoma International Airport and was killed when he crashed 25 miles away."This is a complete shock to us," the family said in a statement Saturday night. "We are devastated by these events, and Jesus is truly the only one holding this family together right now."The statement said Russell, 29, was "a faithful husband, a loving son and a good friend."Referring to audio recordings of Russell talking to air traffic control during his hour-long flight, the statement said his "intent was not to harm anyone. He was right in saying that there are so many people who have loved him."Russell, a Horizon Air ground service agent for three and a half years, was the only person aboard the plane, the Pierce County Sheriff's Department said. The job of a ground service agent includes directing aircraft for takeoff and gate approach, handling baggage and tidying and de-icing planes, authorities said.The incident, which the FBI's Seattle office did not consider terrorism, raises questions about airport security. Investigators headed Saturday to the crash site to recover the plane's data recorders and Russell's remains as part of a criminal probe, authorities said. 1313

PROVIDENCE, R.I. (AP) -- The suspect in a fatal stabbing in Rhode Island last month was apprehended apparently trying to cross from California into Mexico.U. S. Border Patrol says 35-year-old Michael Domenech approached the checkpoint on Interstate 8 near Pine Valley, in a car at about 2 a.m. Saturday.When agents approached the driver, he drove away from the checkpoint. Authorities say agents used a tire deflation device to deflate one of the car's tires.The pursuit continued for 20 minutes until Domenech was taken into custody.Domenech is wanted in connection with the fatal stabbing of Cory Vargas in Providence on Sept. 24. 640

President Donald Trump slammed basketball star LeBron James on Friday night over his appearance on CNN this week."Lebron James was just interviewed by the dumbest man on television, Don Lemon. He made Lebron look smart, which isn't easy to do," Trump tweeted.James appeared on Lemon's show Monday, and the interview was re-aired Friday night, shortly before Trump tweeted. 380