Real Estate

Thirty showings in 3 days on this Sherman Oaks, California property, The Agency Multiple offers and bidding wars return to California’s luxury market. Despite a severe economic downturn in many sectors, California’s luxury real estate market is on a high. Listen to Valery Neuman, founding partner of Compass Greater Palm Springs. “In 29 years selling full-time

Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images The U.S. real estate market is beginning to show signs of a “great reshuffling,” as people relocate to homes with more privacy and space to ease working from home, Zillow CEO Rich Barton said on the company’s Q2 2020

Co-Founder and Managing Partner of Disrupt Equity. Learn more about investment opportunities by visiting our website. getty “Buy land; they’re not making any more of it.” This famous quote attributed to Mark Twain evinces a very simple yet profound idea regarding real estate investing. Since time immemorial, land has been an irreplaceable asset. Land cannot be

Ahead of his firm’s NYSE debut Thursday, Dan Gilbert told CNBC that Rocket Companies may make acquisitions to further leverage its mortgage-lending technology.  “We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold,” said Gilbert, chairman of Rocket Companies, which he founded in 1985.  Rocket Companies

Robert K. Jafek is Principal at Boomerang Capital Partners, successfully financing and developing real estate since 2006.   getty It is well known that the residential real estate market is highly seasonal, with activity and prices following the heat: It warms up in the spring and gets hot in the summer before cooling off in the fall

Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.   The number of signed contracts for co-ops and condos in Manhattan — the best real-time measure of activity — dropped 57% in July compared

Michael Valdes, Executive Vice President of International Expansion for eXp Global. getty Remember when you made your housing decisions based on proximity to work or a social center? When you wanted to be in an urban environment for the vibrancy of the community and were willing to sacrifice space in order to achieve that? Well, the

A for sale sign is seen near a house for sale in South Pasadena, California on April 24, 2020. Frederic J. Brown | AFP | Getty Images Record low mortgage rates are clearly not as impressive as they used to be. Even with another new low set last week, mortgage application volume decreased 5.1% from

A real estate agent needs to demonstrate certain traits for them to succeed in this line of work. Granted, not all real estate markets are the same, but buyers tend to look for similar things before deciding they can trust a real estate agent. These traits tell the client a lot of details that the

Houses on Kelly Street in Kentish Town, London. Yui Mok | PA Images | Getty Images The U.K. government has released details of how tradespeople can get involved in its £2 billion ($2.60 billion) “green homes grant” initiative. Announced in July, the scheme will enable landlords and homeowners in England to apply for vouchers to

Pre-covid, a table in an active adult community developer’s welcome center shows remaining inventory … [+] in various sections. Photographer: Patrick T. Fallon/Bloomberg BLOOMBERG NEWS Florida has had some well-publicized challenges lately, but homebuilders statewide are seeing a continued rebound of demand from buyers that surprises even them. Building company executives and owners I’ve spoken

Vodafone’s heat-detection camera captures a person walking into an office building. Vodafone As employers around the world figure out how best to return workers to the office, tech companies are hoping that gadgets and software could help the process. The coronavirus pandemic and resulting lockdowns have left offices around the world empty. And while there’s

As we roll toward the half-year mark of the COVID-19 pandemic, the effects on work, office space, and focus have been profound. Executives can now be found working out of what had been guest rooms, attics, or walk-in closets. The need to work in corporate offices, once considered indispensable, is now being rethought in its

The U.S. economy will face great risk if lawmakers do not step up and stave off a looming, far-reaching eviction crisis, an economist with mortgage aggregator LendingTree told CNBC on Friday. With eviction moratoriums lifting across the country, landlords could eventually default on mortgages and the coronavirus pandemic could worsen in the country if tens

Shot of Corridor in Working Data Center Full of Rack Servers and Supercomputers with Blue Neon … [+] Visualization Projection of Data Transmission Through High Speed Internet. getty In a nutshell, QTS Realty kicked off data center REIT earnings last week hitting on all cylinders and raising FY 2020 Guidance across the board, including revenue,

Couple buying a new house. PeopleImages | Getty Images A Roth individual retirement account is often cited as a way to save for your golden years. It could  also help you buy a house. In a nutshell, up to $10,000 in earnings can be withdrawn from such an account — free of both taxes and

Wanda Group’s Chairman Wang Jianlin delivers a speech at China University of Political Science and … [+] Law on May 12, 2017 in Beijing, China. Visual China Group via Getty Images/Visual China Group via Getty Images Wang Jianlin’s conglomerate is offloading another overseas asset to reduce its debt. Wanda Hotel Development Co., a Hong Kong-listed

The luxury retail market in mainland China has been “very, very strong” from April to July and is likely to hold up well for the rest of the year as long as there is no strong resurgence of the coronavirus, says Ronnie Chan, chairman of Hang Lung Group and its subsidiary Hang Lung Properties. 02:26

Couple and receptionist at counter in hotel wearing medical masks as precaution against virus. Young … [+] couple on a business trip doing check-in at the hotel Getty Prior to the Covid pandemic, hotel occupancy rates were hitting record highs and average daily rates (ADRs) were rising. Now, with the possible exception of restaurants and

Introduction Creating a financially secure life can feel like a daunting task that requires the skills of expert mapmaker and GPS programmer. You need to figure out where you are today and where you want to get to. As if that’s not a big enough lift, you’re then in charge of finding the best route

Branding & Real Estate Business Development Professional, The Kase Ellers Group. Certified Luxury Home Marketing Expert getty Throughout your career, you inevitably end up working for bosses you despise and others who you don’t want to work without. No matter the circumstance, good or bad, you are always left with takeaways that can help you grow

Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images With mortgage interest rates hovering near a record low, mortgage demand, especially from homebuyers, is now significantly higher than a year ago, but there are warning signs that first-time buyers may be struggling to stay in

Baya Build is launching an online design tool that takes just 31 clicks to design a home and has … [+] more than a trillion permutations, connected to “real life” imagery. Baya Build Recently I ordered things online that I never thought that I would; however, these are unique times. And, although I have surprised

A family is evicted from their Longmont, Colorado, home in September 2011. John Moore | Getty Images News | Getty Images An unprecedented eviction crisis will soon hit the U.S.  On Friday, the federal moratorium on evictions in properties with federally backed mortgages and for tenants who receive government-assisted housing expired. The Urban Institute estimated that provision

Without the extra $600 a week in unemployment benefits, whose renewal past this month has been … [+] subject to debate in Congress, the share of severely housing burdened renters would jump to 41%, from the current 3.7%. getty Receiving both state unemployment benefits and the weekly $600 federal supplement, less than 4% of renter

Peopleimages | E+ | Getty Images Financing a home might be more accessible than you think. You’ve probably heard of Fannie Mae and Freddie Mac, two entities created by Congress that buy and guarantee mortgages through the secondary mortgage market to expand opportunities for homeownership and affordable rental housing. “Those are the biggest chunk [of home

Storm surge is known to be one of the major causes of hurricane property damage. getty Hurricane Hanna, the first Atlantic hurricane of 2020, puts more than 14,000 homes at risk of storm surge damage, according to CoreLogic, a real estate data analytics provider. The storm made landfall Saturday on Padre Island off the southern

Blake Nissen | The Boston Globe via Getty Images If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom mortgage rate bonus for homeowners and homebuyers. The average rate on the popular 30-year fixed just fell to another record low — 2.87%, according to Mortgage News Daily. That is

getty Homebuilder stocks DR Horton, KB Home, Lennar, PulteGroup and Toll Brothers are not cheap after rising 141% to 237% from lows set between March 18 to March 23. DR Horton and Lennar set all-time intraday highs on Thursday, July 23. Longer-term homebuilders are a buy when their P/E ratios are 8% and lower. Today

The CEO of Bloomin’ Brands, the parent company of restaurant chains such as Outback Steakhouse and Bonefish Grill, told CNBC on Friday that it is not experiencing rising food costs, rather that beef and seafood costs have “been an opportunity” during the pandemic.  “There was some concern about the supply chain. That did not materialize like we