Real Estate

Award-winning architect Lauren Rottet in the Presidential Suite of the Surrey Hotel in New York. EDOUARD ZAK PHOTOGRAPHY One of the most-celebrated architects in the world, Lauren Rottet is the genius behind the design of many exceptional hotels around the world, from the Hotel Alessandra in Houston, Texas, the Surrey Hotel in New York City,

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 Home prices were not only gaining in February, the gains were increasing steadily. Nationally, prices were 4.2% higher annually for the month, up from a 3.9% gain in

Contractors construct a wood deck while working on a home under construction in the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 23, 2020. Luke Sharrett | Bloomberg | Getty Images Home sales nearly ground to a halt at the end of March, as the coronavirus pandemic forced an economic shutdown that scuttled

Getty Since the CARES Act instituted mortgage forbearance for borrowers of government-secured home loans, misinformation and malpractices have abounded. To correct some of that, today the Federal Housing Finance Agency, which oversees mortgage buyers Freddie Mac and Fannie Mae, released a statement reiterating that borrowers in forbearance are not obliged to repay the missed monthly

TOPLINE Despite the coronavirus pandemic causing unprecedented financial disruptions and a major shift in the lives of American consumers, a slowdown in new cases has made Wall Street more optimistic about eventually reopening the economy— and here are 19 stocks poised to thrive in the post-coronavirus world once widespread quarantine orders are lifted, according to

Spencer Platt | Getty Images The coronavirus economic shock has left Americans downbeat about stock market investing, even after the major market rebound off March lows, according to a new survey from Gallup. Only 21% of Americans think stocks or mutual funds are the best long-term investment — down six points from 2019 — which

HECMs plus Annuities have synergistic benefits for retirees © Can Stock Photo / gpointstudio HUD created this ingenious and multi-faceted reverse mortgage program, but its well-intentioned effort to protect it against misuse has been a disaster. The disaster has stemmed from HUD’s requirement that the HECM be a stand-alone product, as opposed to being part

A logo sign outside of the headquarters of loanDepot in Lake Forest, California Kristoffer Tripplaar | Sipa USA | AP Images One of the nation’s largest nonbank mortgage lenders is about to get even larger. California-based loanDepot announced it will hire 3,000 new employees by the end of this year, starting with 400 now. On

Millions of homeowners are now in forbearance, essentially pausing their monthly mortgage payments … [+] due to COVID-19. Getty More than 3.4 million American mortgage borrowers are now in forbearance—essentially hitting the pause button on their monthly payments for the foreseeable future. According to the latest data from financial data firm Black Knight, that’s up

Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S.. Andrew Harrer | Bloomberg | Getty Images As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans. The majority are doing it through a program designed to provide relief to

TORONTO, ONTARIO, CANADA – 2019/08/12: Close up of a cooked pepperoni pizza. The Italian cuisine … [+] item has other ingredients such as mushrooms, bacon, and mozzarella cheese. The product is commercialized as a ‘Canadian Pizza’. (Photo by Roberto Machado Noa/LightRocket via Getty Images) LightRocket via Getty Images New Rochelle, just north of New York

Commercial real estate company Cushman & Wakefield recently introduced the Six Feet Office concept to showcase some of the ideas it envisions companies will be adopting soon. These include desks spaced 6 ft. apart, along with bold color and visuals such as circles embedded in the carpet to remind people to distance themselves. Cushman &

A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage volume appears to be settling into a new normal, as refinance demand stays high and purchase demand sits at a five-year low.  Total mortgage application volume decreased 0.3% last week from the previous week, according to the Mortgage Bankers

Happy young woman in Bluetooth headphones sit on couch study on laptop listening to music, smiling … [+] positive girl on sofa wear wireless earphones have skype or web conversation on computer Getty Coronavirus has made this an uncertain time for many industries and real estate is no exception. In light of that I reached

Photo: Getty Here in Ontario, we’ve recently learned that physical distancing protocols may be extended for another three months, or possibly longer. Even then, it’s possible that people will want to keep their distance until the threat of coronavirus has been proven to have subsided for good. This sets the scene for a new reality

Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Sales of existing homes fell a wider than expected 8.5% in March compared with February to an annualized pace of 5.27 million units, according to the National Association of Realtors’ seasonally adjusted index.

Happy couple with keys of new apartment Getty There’s no denying that the spread of coronavirus has made the process of buying a home more difficult in some places and nearly impossible in others. However, even though your area may be dealing with restrictions on the real estate industry, that doesn’t mean you have to

Flooding resulting from Hurricane Harvey in Houston, Texas. Harriet Taylor | CNBC Nothing can compare to the crushing economic tsunami created by the coronavirus pandemic, but in the housing market specifically, there are some parallels to natural disasters. Lessons learned from those devastating events are helping the industry cope now. In 2017, after Hurricane Harvey

urbazon | Getty Images More than 2.9 million homeowners have taken advantage of a program designed to provide relief to holders of government-backed mortgages, part of the coronavirus CARES Act relief package. This represents 5.5% of all active mortgages, according to Black Knight, a mortgage data and analytics company that is now tracking the growing

Recently opened, Mission Lofts offers 156 units that can be rented as apartments, offices or both. Robert Seldin A newly opened development near the nation’s capital has taken mixed-use design to a new dimension that befits the currently predominant, coronavirus-prompted lifestyle of living and working in a single place. Sited in Falls Church, Virginia, and

Payment Deadline Getty In the wake of Coronavirus, many people worried about how their going to make their next housing payment. However, in particular, a new survey from Cleaver Real Estate shows just how precarious the situation is for landlords and tenants, many of whom have found themselves on opposing sides of this issue. Read

The CEO of real estate brokerage Redfin said Friday that demand for homes has shifted to rural areas as people react to the coronavirus pandemic and look to move out of dense urban areas. “We have seen that people are more interested in that house at the foot of the mountains by the lake,” Glenn Kelman

Photo: Getty Based in Orlando, the most visited city in the country, our Florida industrial and investment sales team has been closely tracking the impact of COVID-19 on the Florida industrial real estate market. As one of the most active industrial brokerage teams in Florida, our brokerage is afforded a unique perspective to assess the

Homebuilders are hurting. U.S. home construction in March endured its worst monthly decline since 1984 as housing starts fell by over 22% from the previous month, the Commerce Department said Thursday. Homebuilder confidence was also pummeled, with one key indicator seeing the biggest drop in its 35-year history. Home construction stocks have reflected the weakness. The iShares

Marianne McKenna, founding partner of Toronto-based KPMB Architects, believes the post-paendmic … [+] world will see architects “rethink everything.” KPMB Architects Many deep thinkers have argued the Novel Coronavirus has changed the U.S. and the world forever. Among them are leading architects, two of whom recently weighed in with views on how their industry will

Austan Goolsbee, professor at the University of Chicago Booth School and former chairman of the White House’s Council of Economic Advisors, Michael Strain, director of economic policy studies at the American Enterprise Institute, and David Bailin, chief investment officer at Citi Private Bank, joins “Squawk Box” to discuss the latest weekly jobless claims amid the

null Getty For those who don’t have to move during the pandemic, it probably makes more sense just to wait it out. However, unfortunately, some people don’t have a choice in the matter. For those who have to make a move – myself included – I’ve laid out some tips that you can use to

In the face of the global pandemic, millions of Americans may not be able to pay their bills this month. To that end, a growing number of financial institutions, including Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance for customers affected by Covid-19. The coronavirus aid relief bill

The coronavirus outbreak is already causing a spike in commercial mortgage delinquencies in the hotel and retail sectors, a new analysis finds.  The data speaks to a bigger fear haunting the commercial real estate industry: That Covid-19 could spark an even bigger mortgage crisis than the one in 2008, which devastated American homeowners.  Commercial mortgage-backed

Retail and housing. Those two consumer-driven sectors could be key to determining the market’s next move, Miller Tabak chief market strategist Matt Maley told CNBC’s “Trading Nation” on Thursday. “Of course, both are very, very important to the economy,” Maley said, referencing the charts of the SPDR S&P Retail ETF (XRT) and the iShares U.S.