Rita Chraibi believes that our homes should connect us to nature and serve as cozy refuges from a … [+] harsh world. International Designers by Rita Chraibi Rita Chraibi is a Moroccan interior designer who has worked on projects in Europe, the Middle East and North Africa. Recently, her firm, International Designers, opened an office
Real Estate
A realtor, right, walks with potential home buyers as they tour the property of a home for sale in Sparland, Illinois. Daniel Acker | Bloomberg | Getty Images Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen. Total mortgage application volume rose 0.1% last week compared with
Simon Property Group SPG yesterday posted news on its website that the mall operator had reopened 59 properties, with plans to have another 18 ready again for shoppers within the next week “with many more to follow.” Business hours at the malls located in Alaska, Arkansas, Georgia, Indiana, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee, Texas,
WeWork cofounder and former CEO Adam Neumann, who once called his relationship with SoftBank’s Masa Son “beautiful”, is now suing the Japanese conglomerate — and his language has changed dramatically. In the lawsuit, Neumann accuses SoftBank of backing out of a key provision of its nearly $10 billion bailout of the coworking company, which SoftBank
Wells Fargo is temporarily halting its home equity line of credit offering. Getty Images Wells Fargo WFC is the latest big bank to join a short but potentially growing list of lenders that are hitting the pause button on applications for new home equity lines of credit amid the escalating economic crisis sparked by the
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images Home prices have only fallen nationally once since the Great Depression, and that was following the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted
#RENTRELIEF is a rather popular tag on social media nowadays, chronicling the struggles of thousands of individuals around the globe, unable to pay their bills as the coronavirus pandemic continues to paralyze economies. It is also a hashtag of hope, exemplifying the actions of marketing entrepreneur Frederick Joseph, who last year was named to Forbes’
Curt Pickens | Getty Images The woman who approached our doorstep Monday morning was wearing a mask, her eyes doing their best to smile a greeting. She was hugging a folder and a bundle of papers. I held the door open for her but didn’t extend my hand for her to shake. Nor did she,
A second wave of funding from the CARES Act will be awarded to public housing authorities across the … [+] country. Getty Images The Department of Housing and Urban Development announced on May 1 that it will provide a second round of emergency relief funding for eligible low-income families and individuals living in public housing.
A woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, California. Paul Sakuma | AP Rent is traditionally due on the first of the month, and more tenants are becoming late on their payments. The economic effects of Covid-19 continue to mount, with rising job losses and falling consumer
Austin, Texas– While many Austin businesses will begin to open their doors again beginning May 1 amid mounting fear of the Coronavirus, don’t count on finding the bastions of the city’s legendarily rich film culture among them. Just after Texas Governor Greg Abbot rolled out the phases of his back-to-work policy on April 27– one
Helen H. Richardson | Denver Post | Getty Images If you own a home and you’re looking for some emergency funding, you may be running out of opportunities. Home equity lines of credit allow you to borrow against the equity you’ve accumulated in your home, be it for a surprise cash need or a home
Fear of exposure to COVID-19 and social distancing guidelines will likely further solidify the … [+] automobile’s dominance in Los Angeles. Getty Los Angeles (and Southern California) can be viewed as the ultimate mobility and human experiment. The region’s mix of cultures, immigrants, industries, world-class educational and cultural institutions, diverse ecology, near-perfect weather, freeways, numerous
Peathegee Inc Homeowners in New Jersey are getting a little bit of breathing room on their property taxes. Gov. Phil Murphy signed an executive order permitting municipalities to shift the property tax payment deadline from May 1 to June 1. The Garden State is home to the highest levies on property in the nation, with
Agents recommend looking beyond virtual staging and trying to find video tours when narrowing down a … [+] home search online. Getty Most people wouldn’t make their decision about starting a long-term relationship with someone based solely on their dating site profile, and the same holds true for deciding whether to rent or buy a
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero in response to the economic shock from the coronavirus crisis. “The most significant responsibility of the Fed now is to make sure that credit markets continue to function,” said Greg McBride, chief financial analyst at Bankrate.com. “Without functioning credit markets, there will be no economic
Painting A Front Door Creates A Memorable First Impression Getty Here are some DIY projects to boost your home’s resale value and appeal. It’s no surprise homeowners are looking to DIY ideas to fill their time and hopefully add value and appeal to their home. A recent report by Placer.ai, saw visits to Home Depot
A view of an apartment building in the Chelsea neighborhood of Manhattan, New York City. Drew Angerer | Getty Images As job losses and unemployment continue to increase as a result of the coronavirus pandemic, more than half of Americans who rent their residence say they lack confidence they will be able to pay May
Experts predict an interest in larger spaces, but a rise in construction costs. Getty It’s no secret that the real estate market has a long road of recovery ahead. As the day-to-day work of showing properties and building homes has slowed to a crawl, agents and others in the industry have started to look to
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
Spend your stimulus check where you’ll be spending a lot more time. Loren Barham/Society Social In mid-March, congress passed the CARES Act, which set aside funds to give approximately 140 million Americans up to $1200 per adult in a household plus an additional $500 per child under seventeen years old, to help stimulate the economy
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
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
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
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
Sales of both newly built and existing homes tanked in March, as potential buyers hunkered down and potential sellers pulled their homes from the market, both watching their economy in free fall from the coronavirus. Now, suddenly, buyer demand at least may be climbing back. Pending home sales — a measure of signed contracts, not closings —
Housing experts say a national rent relief effort is required to help deal with the aftershocks of … [+] the COVID-19 crisis. Getty As the economic consequences of the coronavirus pandemic extend into the future, Americans and policymakers are trying to figure out what type of assistance is needed for both homeowners and renters. Since
Compass California President, Mark McLaughlin Moanalani Jeffrey Industry experts discuss today’s California real estate market. Compass California President Mark McLaughlin and CoreLogic’s Deputy Chief Economist Selma Hepp answer key questions on the market. In 2018, McLaughlin led the merger of San-Francisco-based Pacific Union International with Compass establishing Compass California, a leader in market share
Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Tuesday, Oct. 1, 2019. Andrew Harrer | Bloomberg | Getty Images The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government’s forbearance program just after