Ground leases can provide great investment opportunities for people who want to deploy capital in real estate while never having to think about property management. The investor becomes the landlord under a long-term lease, often lasting 99 years. The tenant pays every conceivable cost related to the property and handles all management, and signs leases
Real Estate
MOUNTAIN VIEW, CA – DECEMBER 03: Actors Ashton Kutcher (L) and Mila Kunis attend the 2018 … [+] Breakthrough Prize at NASA Ames Research Center on December 3, 2017 in Mountain View, California. (Photo by C Flanigan/FilmMagic) FilmMagic The first home Ashton Kutcher and Mila Kunis bought together is now for sale asking $13.99 million
Might the flexibility and adaptability of brand new office buildings, such as Zero Irving in New … [+] York City, help make them safer environments for employees returning from COVID-19 lockdowns? Davis Brody Bond Lockdowns are ending and Americans are slowly returning to their old workday haunts, aka their offices. It’d be great if they
A woman walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drego | Reuters After declining for three weeks, the number of borrowers delaying their monthly mortgage payments due to the coronavirus rose sharply once again. The number of active forbearance plans rose by 79,000 in the past week, erasing roughly half
Families are moving to Napa Valley as alternative to urban living Getty The Napa Valley real estate market is booming with multiple offers and bidding wars. Bay area families looking to escape the realities of urban living during a pandemic are fueling the market. Listen to Compass California President Mark McLaughlin on the market dynamics.
Mortgage rates are at the lowest point on record, but both home purchase and refinances slowed this … [+] week. Getty Mortgage rates are still at all-time lows. According to the latest data from Freddie Mac, the average interest rate on a 30-year mortgage is just 3.13%—holding steady from last week and the lowest rate
The Hamptons, a coveted vacation destination for the wealthy, saw a spike of more than 70% in luxury … [+] home views in May compared to a year ago. Getty Similar to the wider U.S. housing market, which is bouncing back from the early, dampening effects of the coronavirus pandemic, the luxury segment recorded a
A thing of the past? Music fans crowding the streets of Nashville will adjust to the new normal. Getty Images As cities around the country negotiate the stages of reopening for business after months of Corona virus-mandated shutdowns, special challenges confront metro areas that attract crowds of tourists. Nashville’s downtown, with its many bars and
NEW YORK, NY – MAY 28: Ryan Serhant is seen at photoshoot in soho on May 28, 2020 in New York City. … [+] (Photo by Raymond Hall/GC Images) GC Images While Bravo made Ryan Serhant a household name, it’s his innovative, forwarding-thinking approach to selling real estate that’s made him one of the top brokers in
Piquet Realty Founder and President. Skydiver, Ironman Triathlete, JiuJitsu Fighter and Race Car Driver on the weekends. Getty For real estate professionals, this is a time to reinvent ourselves with the tools we have available. It is no secret that the current situation we’re all facing together will bring about changes in every industry. From the
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates remained at a record low last week, but refinance demand pulled back anyway. That, in addition to a brief respite in the surprisingly strong demand from homebuyers, caused total mortgage application
Contractors work on a home extension on March 26, 2020 in Old Bethpage, New York. Bruce Bennett | Getty Images Sales of newly built homes jumped far more than expected, up nearly 13% annually, according to the U.S. Census. After slowing dramatically in March, as the coronavirus shut down the economy, they posted the strongest
Back In The Day: The Kennedy Estate in 1991. (Photo by © Steve Starr/CORBIS/Corbis via Getty … [+] Images) Corbis via Getty Images The storied seaside Palm Beach estate that big daddy Joseph P. Kennedy bought in 1933 has had, including the Kennedys, three owners since President John F. Kennedy made it the Winter White
Offsite manufacturer Veev is incorporating technology into every aspect of the process and trying to … [+] standardize a wall system so that it can be plug and play, resembling what other industries have done, like cars, semiconductors or phones. Veev There are hundreds of different products that go into the construction of any one
The housing sector has been one of the most resilient areas of the economy during the coronavirus downturn, but the Moody’s Analytics chief economist Mark Zandi said Tuesday he expects the growth to moderate later in the year. Sales of new homes last month rose nearly 13% year-over-year, according to the Census Bureau. But Zandi
COVID-19 pandemic is creating surging demand for outdoor living spaces. Photo Courtesy of Avalon, Available at Ferguson Bath, Kitchen & Lighting Gallery Outdoor living spaces have been growing in popularity and amenities for years, but the restrictions imposed by the coronavirus are spurring even greater demand, new planning strategies and interesting new amenities, industry pros
The U.S. median sale price for existing homes in May was $284,600, up 2.3% from a year ago. While … [+] this marks the 99th straight month of annual gains, the increase is the smallest in about six years. Getty As the U.S. housing market continue to chart its course out of the coronavirus slump,
SDI Productions If you are thinking about buying your first home, chances are you are saving up for a down payment. Yet that’s not the only cash you’ll have to come up with before you get the keys to your new place. And once you do, there are costs associated with starting up and maintaining
Mont Blanc looks out on crystal clear water. Dave Warren Photography A stunning property dubbed Mont Blanc in Santa Rosa Beach, Florida is on the market with a $14.995 million price tag, claiming the title of the most expensive new construction single-family home for sale in the Florida Panhandle. It would not be an exaggeration
Existing home sales plummeted in May as the coronavirus continued to hammer the economy, but Realtors expect that it will represent the bottom. Sales of existing homes in May fell 9.7% compared with April, to a seasonally adjusted annualized rate of 3.91 million units, according to the National Association of Realtors. Sales were down 26.6%
Mike Hambright is a real estate investor, mentor and coach, and is the Founder of FlipNerd.com and the Investor Fuel Mastermind. Getty I hate to be the bearer of bad news, but there isn’t a simple answer to this common question. But knowing the pros and cons of investing in your own backyard will make it much
Mortgage rates just hit a new low for the third time this year. Getty Mortgage rates hit another record-breaking low this week, dropping to a mere 3.13% on the average 30-year, fixed-rate loan. That’s the lowest rate recorded since 1971, according to Freddie Mac—and the third time a new low has been set this year.
Workers assists guests at check-in during the reopening of Bellagio hotel-casino on June 4, 2020, in Las Vegas. Ronda Churchill | AFP via Getty Images With states continuing to lift coronavirus restrictions, people across the U.S. have felt more comfortable traveling, taking transit, eating out and even moving to a new home. Improvement across the
Study shows consumer concerns about health will change the way homes are designed post COVID During the pandemic, the way we live in our homes has drastically changed. Builders are taking note. … [+] Stock Photo My current home style includes a 25-foot gray cord that snakes its way from the router, along the staircase
Alcheme San Diego Allison McCulloch When someone refers to med spa amenities, they’re usually talking about unique treatments or lemon water in the waiting room— not about design. But at Alcheme’s newest location at One Paseo, the design is an amenity that creates an ambiance of relaxation and elevates the overall experience. In 2017, the
Close-up Of A Businesswoman’s Hand Holding Magnifying Glass Over House Model Over Desk Getty Normally when people talk about preparing for a home inspection, they’re looking at things from the buyers perspective. While there’s no denying that the home inspection is an important event for the buyer, it’s ultimately something that sellers should prepare for,
Better to rent than own In San Francisco Getty Wondering if you should rent or own a home? LendingTree’s latest report digs into the data, looking at the median monthly cost to rent versus owning a home, with and without a mortgage, across the 50 largest metropolitan areas in the U.S. Lendingtree.com vice president and
Rents are down 8 to 10% in New York City. Getty As nearly 1 million rent-stabilized apartments in New York City receive a rent freeze in the midst of the coronavirus pandemic and economic fallout, landlords with market units are reducing rents by nearly 10% amid lower than usual demand. Zillow Z -owned New York
Federal Reserve Chair Jerome H. Powell during a speech on March 3, 2020 in Washington, DC. Mark Makela/Getty Images The recession caused by the coronavirus pandemic is playing out across stark — and widening — fault lines in America. Lower earners, those with less schooling, women and minority groups have borne the brunt of the economic
Ready to open on Monday, New York City real estate agent look to global prime cities, such as Hong … [+] Kong and London, which exited quarantine earlier, for clues. Getty As New York enters the second phase of reopening its economy on Monday, the real estate industry in the Big Apple is also readying
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