Real Estate

Arshdeep Sethi, Managing Director at RMZ Corp, plays a pivotal role in defining, shaping & implementing the strategic vision of the company. getty The real estate sector has experienced significant disruption in the last few years. The dual threat of Covid-19 and climate change have not only exposed numerous vulnerabilities within our systems, but also illustrated

A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images The recent sharp rise in interest rates is now taking a toll on mortgage refinance demand, as the number of borrowers who could benefit shrinks. Applications to refinance

NEW YORK, NEW YORK – MARCH 04: (Photo by Spencer Platt/Getty Images) Getty Images Downtowns across America have emptied during the Covid-19 pandemic, raising questions about their ability to survive the permanent shifts in work locations. At the same time, some cities are struggling with riots, homelessness and high housing costs, described in my recent

As the country went under lockdown, Americans were on the move. Over the last year, 1 in 20 adults moved from where they were living either permanently or temporarily due to the coronavirus outbreak, according to a recent report by the Pew Research Center. Most cited financial reasons for relocating, followed by a job loss

Glenn is president of Ally Home with more than 35 years of experience in consumer lending, mortgage and capital markets. getty Real estate agents today are tasked with guiding their clients through both a competitive market and an already-complex home-buying process made more so by the pandemic. A new imperative has emerged, urging agents to offer their

A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images Sales contracts in Manhattan soared by 73% in February, and brokers say the days of big price cuts and deals in the city may be ending. There

Drew, left, and Tim Nelson of Willis Allen Real Estate have been tied to the business since an early … [+] age. Since then, they’ve established themselves as top agents in San Diego’s real estate scene. Willis Allen Real Estate Real estate has always been a family affair for Drew and Tim Nelson. The sons

People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images The spring housing market is shaping up to be the leanest and most competitive ever. A sharp drop in new listings partly due to severe weather, combined with already record-low supply,

Founder and CEO of Rentec Direct, property management software for real estate professionals. getty While most of us were more than ready to bid adieu to 2020, there’s still a fair amount of uncertainty as we dive into 2021. While we can see the proverbial light at the end of the tunnel, there are still many

LGI Homes Chairman and CEO Eric Lipar told CNBC on Friday he believes housing demand will remain robust even in the face of rising mortgage rates. A day earlier, Freddie Mac reported the 30-year fixed-rate mortgage reached its highest level since July after eclipsing 3%. And on Wednesday, the Mortgage Bankers Association’s seasonally adjusted index

Willow Beach was custom built long the shores of Lake Austin. JP Morales A highly acclaimed lakefront estate in Austin, Texas has set a milestone for the most expensive residential real estate sale in the capital city. Built along the shores of Lake Austin, part of the Colorado River, the contemporary compound was listed for $38.9

A residence belonging to Jeffrey Epstein at East 71st street is seen on the Upper East Side of Manhattan on July 8, 2019 in New York Kevin Hagen | Getty Images A reported deal to sell sex criminal Jeffrey Epstein’s notorious New York City mansion for about $50 million could unfreeze a compensation fund set

The Midtown Manhattan skyline creates a backdrop for historic buildings along 59th Street. getty The number of new listings for residential properties in Manhattan saw its first year-over-year increase for 2021 in February, while the number of contracts signed fell slightly but remained well above the figures from the same period last year. From February

tupungato | iStock | Getty Images Between the federal stimulus package passed in December and the one making its way through Congress, there could soon be more than $45 billion in financial assistance available to those who’ve fallen behind on their rent. All states have already been allocated funds from a $25 billion pot of

This kitchen reflects three of the top seven tile trends — oversized, stone look and blue hues! Techlam, Levantina – Tile of Spain If you’re planning a kitchen or bath remodel, you probably have a budget for tile. If you’re planning an outdoor living space, you may have one too, as pavers are growing in

Rows of houses in Las Vegas. Jacob Kepler | Bloomberg | Getty Images Doma, a firm that looks to disrupt the real estate title insurance market, has agreed to combine with Capitol Investment Corp. V, a publicly traded special purpose acquisition company. Doma, formerly known as States Title, has a less than 1% share of

Robert Reffkin speaks at a conference in New York City in 2019. (Photo by Brad Barket/Getty Images for Fast Company) Getty Images for Fast Company Compass, the real estate brokerage with more than 19,000 agents on its platform, filed its IPO prospectus with the Securities & Exchange Commission on Monday. The filing showed significant growth

adamkaz | E+ | Getty Images More Americans are planning to move this year due to the flexible work from home lifestyle that the Covid-19 pandemic has ushered in, market researcher The NPD Group said in a recent blog post. Nearly 20% of people in the country are working from home full time as of

Even with federal aid, eviction filings are expected to rise. getty Millions of Americans who lost their jobs during the pandemic have fallen thousands of dollars behind on rent and utility bills. In one of President Joe Biden’s first official acts after his inauguration, he extended the federal ban on evictions through March. While eviction

An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Higher mortgage rates and a winter weather disaster combined to weaken mortgage demand last week. Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage

Wall Street sign inscription as seen on various buildings, Wall St address, Downtown in lower … [+] Manhattan is a significant road and area district for the American, the global economy, banking system, markets etc with headquarters of companies and financial institutions located there like the New York Stock Exchange NYSE. New York City, USA

A pedestrian walks by the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Gap said Wednesday it will invest $140 million to construct a distribution center in Longview, Texas, as part of its effort to double its online business over the next two years. Upon completion,

Q believers are convinced the former president’s Pennsylvania Avenue hotel is sending a signal about the much-anticipated date—when he will be inaugurated again. More than seven weeks after pro-Trump insurrectionists stormed the U.S. Capitol, nearly 5,000 National Guard troops still remain in Washington, D.C., amid concerns over more potential violence from QAnon followers. At the heart of the

Nurses display a ‘Stay Home’ sign on their vehicle during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Mario Tama | Getty Images A federal judge in Texas ruled on Thursday evening that the national

Kitchen remodels are a popular and expensive home improvement project. getty Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that moment when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you

CALVERTON, N.Y. – The homebuilding industry is on the edge of a revolution. At least that’s the way Kirk Andersen sees it. He just used 3D-printing technology to build a 900-square-foot model home on Long Island. He is about to build another one, too – the first 3D-printed home in the United States to be

Smart city, building technology, and real estate business. Businessman holding digital tablet with … [+] buildings hologram and application programming interface technology getty Late last year, there was a shakeup in JLL’s global corporate tree. Amongst the changes Guy Grainger, a firm favorite of this column, was announced as JLL’s new Global Head of Sustainability

Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to

A Nissan Leaf —a full electric plug-in vehicle or EV—charges next to a shopping mall at a dedicated … [+] EV parking space. (Photo by Michal Fludra/NurPhoto) NurPhoto via Getty Images If the future of cars is to be electric, the 2020’s will be the decade that turns the tide.  Last year, demand for electric

A houseÕs real estate for sale sign shows the home as being Òunder contractÓ in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020. In fact, they rose at the fastest pace