A double dishwasher drawer holding 14 place settings from Fisher & Paykel Photo courtesy Fisher & Paykel With so many people doing more cooking than ever in their homes, there is a growing interest in home appliances. Many of the appliance companies have evolved over the years and come up with much of the new
Real Estate
A man with a mask on taking a walk at Marina Bay Sands in Singapore’s central business district seen in the background on April 1, 2020. Suhaimi Abdullah | Getty Images The future for office commercial space looks increasingly uncertain, as more and more people work from home and some employers consider making it a
San Francisco’s real estate market is expected to recover quicker than Los Angeles’ Getty Real estate industry experts discuss California’s real estate market. I checked in once again with Compass California President Mark McLaughlin and CoreLogic’s Deputy Chief Economist Selma Hepp. The conversation focuses on the Bay Area and Southern California markets. In 2018, McLaughlin
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After the housing market nearly shut down in April, competition is back with a fury. States are loosening social distancing restrictions and homebuyers are rushing to open houses again. The trouble is, they’re
Vincent Lo, chairman of Shui On Land, is adding to his real estate projects in Shanghai.… [+] Photographer: Kevin Lee/Bloomberg BLOOMBERG NEWS Shui On Land, the developer of Shanghai’s swank Xintiandi area, is increasing its investments in the city as the impact of the Covid-19 pandemic winds down — at least for now, and hope
A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images Federal regulators have changed rules and cleared up some confusion about limits placed on the over 4 million borrowers in the mortgage relief program the government rolled out to contend with
ASSOCIATED PRESS Homebuilders’ rather bleak sentiment about the state of their industry last month seems to be now slowly reverting as states lift stay-at-home orders and home shoppers return to the market. According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, released on Monday, builders’ sentiment gained seven points in May,
The setting sun reflects off One World Trade Center and the skyline of lower Manhattan in New York City as the moon rises on March 7, 2020 as seen from Jersey City, New Jersey. Gary Hershorn | Getty Images Rental prices in New York City could be heading lower as landlords try to get prospective
SpaceX founder Elon Musk addresses the media (Photo by Philip Pacheco / AFP) (Photo by PHILIP … [+] PACHECO/AFP via Getty Images) AFP via Getty Images It started two weeks ago with a simple tweet from billionaire Elon Musk saying that he intended to ‘own no homes’ as part of his life overhaul in which
Home-buying demand is starting to come back. The number of customers reaching out to real estate agents was 5.5% higher in the week ended May 10 than it was prepandemic, according to new data from Redfin. The real estate firm also said new listings have increased every week for the past month. Also, the number
Daun St. Armand forecasts a change in the luxury market in the wake of the COVID-19 pandemic. CallisonRTKL We’re not the only ones eyeing our homes’ designs while sheltering in place. Also closely examining residential America are architects and designers. Many believe the pandemic’s effects will alter the look and function of tomorrow’s single- and
An empty parking lot is shown at a closed JC Penney store in Roseville, Mich., May 8, 2020. Paul Sancya | AP A piece of J.C. Penney‘s proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust. As part of a plan filed with the bankruptcy court, Penney
Indianapolis, Indiana, is a desirable secondary market Getty Here’s the updated 2020 Housing forecast from realtor.com. In mid-December realtor.com released the annual 2020 housing forecast. Fast forward five months and it’s no surprise the numbers have changed. “We got derailed on the forecast as we expected,” realtor.com Senior Economist George Raitu explains. The updated data
Real estate executive William Rudin told CNBC on Friday that he is confident New York City’s economy will eventually overcome the challenges wrought by the coronavirus. “The obituary of New York has been written many times,” Rudin said on “The Exchange.” ”The social, human interaction that has always been part of the strength of New York
Total count of COVID-19 cases based on the patient address by zip code NYC.gov One of the pieces of conventional wisdom we have picked up during the COVID-19 crisis is that high-density residential living will be less favored. The city to suburban migration pattern is already beginning in New York City and could last several
SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Billionaire Elon Musk appears to be selling more of his California homes on property website Zillow after pledging to “own no house” earlier this month. The Tesla and SpaceX
Joe Biden Talks About the Coronavirus in Washington, US Barcroft Media via Getty Images A Federal Rent and Mortgage Bailout: Joe Biden, the presumptive Democratic presidential nominee, called for sweeping housing relief and a federal rent bailout. Appearing on Good Luck America, Snapchat’s daily political show, Biden was asked if the federal government should be
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images As some states reopen from the nationwide coronavirus shutdown and open houses reemerge, buyers are coming back to the housing market much faster than expected. Buyer demand kept mortgage application
The CFPB launched a new website today to help struggling renters and homeowners during the COVID-19 … [+] pandemic. Getty If COVID-19 has you worried about making rent or paying your monthly mortgage, you now have a new resource to look to thanks to the CFPB. The Consumer Financial Protection Bureau launched its new coronavirus
More than four million homeowners are now delaying their monthly mortgage payments as part of both government and private lender relief programs – but some have been put into forbearance by mistake and are having a hard time getting out. While the programs cannot, by law, hurt their credit scores, they can keep borrowers from refinancing
Projects that get your family outside have financial as well as emotional value ©Chipper Hatter Right now, many Americans have more time than usual to do home improvement projects. And, since it’s spring, they want to go outside to do them. Joe Raboine, a frequent contributor to HGTV, Realtor.com and Director of Belgard Residential, suggests
The coronavirus pandemic has made us all a lot more familiar with our homes. But it has also thrown up a great number of questions over the future of the property market. While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As
Getty Some say the U.S. economy should be reopened and this is happening in many states beginning this week. Others say keep the economy on lockdown as cases of Covid-19 continue to rise. It is difficult to reopen the economy with stress in the banking systems. U.S.’ biggest bank, JPMorgan Chase JPM , has increased
TikTok’s London office is based out of a WeWork building in Holborn called Aviation House. WeWork TikTok, the wildly popular social media app that has become a go-to app for young people, has quietly made London its main hub in Europe, according to analysis of LinkedIn, the company’s careers page, and sources with knowledge of the
Vehicles travel along Gloucester Road past commercial buildings in the Wan Chai district of Hong… [+] Kong this month. The coronavirus pandemic has clouded the economic outlook. Photographer: Paul Yeung/Bloomberg © 2020 Bloomberg Finance LP Investment in Asia-Pacific commercial real estate plunged by 26% during the first quarter of 2020 as the spread of COVID-19
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight. The rise brings the total to nearly 4.1 million homeowners not
Ornate pre-war apartment buildings in the Upper West Side of Manhattan, New York City, USA Getty Even though 80.2% of renter households paid rent fully or partially in the first week of May, according to the National Multifamily Housing Council, pressure is starting to simmer for tenants as well as landlords already struggling to cover
A month-long battle with the coronavirus made it difficult for Esteban Giron and his husband to pay their $990 rent. ”I was so sick I could barely walk to the bathroom,” Giron, 41, said. He’s lived in his apartment in Crown Heights, Brooklyn, for over seven years, and if he had to move out, it would be
CHICAGO, ILLINOIS – MAY 07: A closed sign hangs in the window of a Neiman Marcus store that has been … [+] shuttered by the COVID-19 pandemic on May 07, 2020 in Chicago, Illinois. Neiman Marcus filed for bankruptcy today, making it the first major retailer to seek bankruptcy protection since the economic collapse brought
New Yorkers giving thanks to all the frontline workers on April 4th, 2020. Adam Jeffery | CNBC New York residents struggling amid the coronavirus pandemic can’t be evicted by their landlords until at least Aug. 20, Gov. Andrew Cuomo said Thursday. Cuomo’s announcement extends the state’s previous moratorium on evictions, which lasted only through June. “I don’t