Real Estate

getty As U.S. Senate Majority Leader Mitch McConnell readies to unveil today the Senate proposal for the next coronavirus aid package, assembled together with the White House, the renewal of key policies credited with keeping renters and homeowners afloat during the pandemic remains uncertain. Many discussions on Capitol Hill have focused on the merits of

View from a luxury rental at West Half, overlooking Nationals Park, Washington, D.C. Pat Pugliese | CNBC WASHINGTON — When Dr. Anthony Fauci throws out the ceremonial first pitch of this truncated baseball season Thursday night, players, coaches and umpires will see it in person at Nationals Park. But no fans will be in attendance,

What are NYC buyers likely to buy, and how much will they want to pay for it? What neighborhoods and … [+] property types are hot? getty What are New York City buyers looking for? What are they likely to buy, and how much will they want to pay for it? What neighborhoods and property

Getty Images Google on Wednesday updated its search engine with new tools for people shopping for mortgages, including a calculator, recent average mortgage rates and key terms homebuyers may need to know during the mortgage shopping process. Google teamed up with the Consumer Financial Protection Bureau to launch the new tools because it found that

Daniel Acker | Bloomberg | Getty Images As temperatures soar this summer, homebuyer demand is heating up with it. Add that to an already strong refinance market, and total mortgage application volume rose 4.1% last week from the previous week, according to the Mortgage Bankers Association. Helping to fan demand were mortgage rates hovering near

A real estate brokerage CEO told CNBC on Monday that flexibility and understanding is necessary as concerns rise over the possibility of a wave of evictions linked to economic devastation from the coronavirus.  “We have to apply a little bit of humanity in this environment because we are all in this storm, but not everybody

Residential buildings under construction in Shenzhen, China, on Tuesday, Aug. 23, 2016. Qilai Shen | Getty Images China’s housing market is showing signs of recovery after the coronavirus crisis and analysts say that offers bond investors opportunities as developers get back on their feet. “Urbanization and upgrading are key demand drivers. Property prices are recovering

Horse Island, off the coast of West Cork, Ireland, sold for $6.3 million. Montague Real Estate A 157-acre private island off the southwest coast of Ireland has sold for 5.5 million euros ($6.3 million), despite the buyer never having actually visited. Horse Island was sold to an anonymous ultra-high-net-worth European buyer in July, following months

Manhattan, and its priciest apartments, fared the worst in the StreetEasy analysis. Getty With demand falling during the coronavirus pandemic, rents in Manhattan fell for the first time since the Great Recession during the last quarter, according to an analysis from New York City listing site StreetEasy. Nearly 35% of Manhattan rentals were discounted, with

Swimply rental pool in Valley Stream, NY Leroy Jackson | CNBC The coronavirus pandemic has millions of Americans shut out of public pools this summer, and that has opened up a huge opportunity for one small start-up. Swimply has been compared to Airbnb and VRBO, because it’s employs a similar strategy, only for pools. Barely

The facade of this Brentwood home served as the Miami residence of The Golden Girls when it … [+] premiered in 1985. Brandon Valente, Brandon V Photography Get out the cheesecake: a mid-century home in Los Angeles that served as the exterior for cherished 1980s TV sitcom The Golden Girls has hit the market for

An aerial view of a construction worker roofing an apartment home on May 27, 2020 in Uniondale, New York. Al Bello | Getty Images To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation’s single-family homebuilders. Homebuilder sentiment jumped 14 points to 72 in July, according to the

“We already have the money” to address the rental crisis in the nation, Rep. Alexandria … [+] Ocasio-Cortez said in a live workshop on eviction defense. ASSOCIATED PRESS U.S. House Rep. Alexandria Ocasio-Cortez and Jamaal Bowman, an educator seeking a seat in Congress, came together Wednesday evening to call for rent relief, as eviction cases

Nearly four months after banks and federal agencies started offering a number of assistance programs aimed at giving Americans a break on their mortgages, about 4.1 million homeowners remain in forbearance plans. But that number is starting to shrink as more workers are called back to work, says Mike Fratantoni, chief economist for the Mortgage

The color of your front door can match with other painted elements. Getty Images Are you looking for a low-effort, high-impact project to do this weekend? Few home improvement projects give you a bigger bang for your buck than a freshly painted front door. Yet, this is something that most of us can tackle over

The median price for a home in San Francisco is about $1.3 million, according to real estate site Zillow. Education Images | Universal Images Group | Getty Images There’s one part of the mortgage world that’s harder for some would-be home buyers to access: Jumbo loans. While there are signs that lenders may be easing

SoundCommerce employees, with CEO Eric Best on far left SoundCommerce On a Saturday in April, several executives from SoundCommerce rented a U-Haul, drove it to their office in Seattle and loaded up the truck with stand-up desks, 48-inch monitors and various other gadgets and personal belongings. For two days, they traversed town, dropping the items

Simon Property Group appears to be having an outsized role in the retail reset, by choice and … [+] otherwise. Sanford Stein The real estate advisory firm RCLCO just released its mid-year 2020 real estate projections, which includes opinions of hundreds of high-level real estate executives. And to no one’s surprise, they stated that “the

An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James Dempsey Asia sales director at

Founder and CEO of The Raisner Group (formerly Proteus Capital Management), a private real estate investment firm in New York City.  Getty In the future, will we all work from home? This is one of the most-asked questions resulting from the Covid-19 shutdown — understandably so, after a long nationwide experiment in working remotely and handling meetings

A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California, U.S., on Monday, June 29, 2020. David Paul Morris | Bloomberg | Getty Images Prospective buyers getting their first glimpse of potential homes through smartphone cameras connected by FaceTime and Zoom. 3-D

After an unprecedented first half of 2020, what could the next six months bring? Here is what five … [+] housing economists and experts anticipate. Getty Mortgage rates are searching for a historic bottom. Home prices are inching up toward record highs. Home shoppers are looking for deals. Homeowners are weighing selling versus refinancing. A

A newly erected fence blocks the front of a vacant home that Moms 4 Housing activists occupied during a months-long protest that ended in a court-ordered eviction, in Oakland, California. PHILIP PACHECO Emily Benfer began her career representing homeless families in Washington, D.C. Her first case involved a family that had been evicted after complaining to

California has the highest rent gap to close in order to keep cost-burdened tenants housed in the … [+] next six months, according to an analysis by UrbanFootprint. Getty As housing advocates across the U.S. brace for what they predict to be a spike in evictions this summer, when government protections are set to fade

As New York City goes, so goes urban centers across the U.S., according to Ryan Schneider, chief executive of Realogy Holdings. The coronavirus pandemic has pushed city dwellers and potential homebuyers to flee dense areas like New York and parts of California for suburban locations as Americans spend more time at home than before. While

Realtor.com monthly traffic hit an all-time high of 86 million unique users in June. Getty It may be the lazy days of summer, but it feels like spring in the housing market — and not a moment too soon — as median home prices are surging.  As buyers flooded into the market, realtor.com’s monthly traffic

Homebuilder Taylor Morrison posted record sales last month and saw the best output come from coronavirus hot-spot states, CEO Sheryl Palmer told CNBC on Wednesday. Home sales for the company nearly doubled in the month of June. “We have seen, if you think about the states that I think have gotten, you know, the most

There’s been a lot of analysis and debate on exactly where the stock market is headed in the post-COVID-19 environment. But much less attention has been focused on the housing market. Or more precisely, on whether now is the right time to buy a house. Getty On the plus side, house prices have held steady

The coronavirus pandemic is pushing businesses and dwellers out of city centers and downtowns into the outskirts in the short term, but demand can be expected to return to big cities, according to the head of the largest commercial real estate broker in the country. Hessam Nadji, president and CEO of Marcus & Millichap, on

A pedestrian wearing a protective mask walks past some Retail Space For Lease in San Francisco, … [+] California, U.S., on May 6, 2020. Emptied out malls and hotels across the U.S. have triggered an unprecedented surge in requests for payment relief on commercial mortgage-backed securities, an early sign of a pandemic-induced real estate crisis.