Real Estate

CNBC’s Jim Cramer on Wednesday said the wait is over as millennials are now buying homes in larger numbers, pointing to luxury homebuilder Toll Brothers‘ earnings report for signs of proof. “After a decade of cocooning, millennials want to buy homes that represent value, which is in keeping with the way they shop for everything

Horizontal photo close up of male businessman hand holding pen putting signature on official … [+] document contract paper binding agreement concept banner for website header design with copy space for text Getty Though no one likes to think about this possibility, sometimes even the most dedicated buyers get cold feet. When that happens, it’s

Dubai property magnate Hussain Sajwani has repeated calls for an immediate halt to construction, warning the city faces “disaster” if oversupply continues. “Nothing has changed,” Sajwani told a CNBC-moderated panel at the Salt Conference in Abu Dhabi on Wednesday. “The glut of supply we have, or we are going to have, will have an impact

The skyline in the distance beyond Lake Washington and Interstate 90 crossing the lake shot from a … [+] helicopter at an altitude of about 400 feet. Getty If you’re deciding on where to buy a house, you shouldn’t just consider city and state. Important things like property taxes and school districts operate on a

The Chartwell Estate Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio Media scion Lachlan Murdoch reportedly paid $150 million for an estate in Los Angeles’ Bel Air neighborhood, making it the most expensive home ever sold in the city. According to The Wall Street Journal, Murdoch — the eldest son of media

Norwich Royal Arcade that runs from the market place towards Norwich Castle and was designed by architect George Skipper in 1899. Norfolk, England, UK. Education Images | Universal Images Group | Getty Images Weakness in the U.K. property market is set to continue into the foreseeable future, market experts have told CNBC, with investors recently

Share to facebook Share to twitter Share to linkedin Healthfield House in London’s Highgate asks $52 million KNIGHT FRANK/SOTHEBY’S INTERNATIONAL REALTY On the eve of a general election in the United Kingdom that will almost certainly impact the direction of Brexit as well as London’s property trends (which had been on the decline), a home

Before you look at what’s trending in layouts, cabinets, countertops, appliances, flooring and all of the other components that go into creating a successful kitchen or bath, it’s helpful to understand the macro trends driving the particular choices homeowners make. These are more revealing, more important and more enduring than the paint color of the

A man enters a Bank of America branch in New York. Scott Mlyn | CNBC By now, you would think just about everyone had refinanced their mortgage to today’s historically low interest rates, but apparently not. Refinance volume drove total mortgage application activity 3.8% higher last week compared with the previous week, according to the

PYMCA | Universal Images Group | Getty Images Near rock-bottom mortgage interest rates are behind a surge in refinance activity. After hitting an 18-year low at the end of last year, refinance lending has nearly doubled over the past three quarters, according to Black Knight. In the third quarter of this year, refinance volume was

Group of people on peak mountain climbing helping team work , travel trekking success business … [+] concept Getty Startup life, at least for those startups that make it, is made up of many more good days than bad ones, especially once the company is a bit more mature. In today’s column, which is the

Share to facebook Share to twitter Share to linkedin Real estate in southern China is seen as a good investment by those optimistic about the country’s… [+] Guangdong-Hong Kong-Macau Greater Bay Area. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP One of China’s richest real estate entrepreneurs may be poised to become yet wealthier. Times

A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results

Living space designed by Champalimaud Binyan Studios The team behind famed architect Robert A.M. Stern’s first multi-family development in San Francisco is debuting interior images to help potential buyers envision life inside. Slated for completion next year, Crescent is an eight-story building featuring 44 luxury condos at a cable-car crossing atop the historic Nob Hill.

CNBC’s Diana Olick reports on a surprising downbeat forecast for the 2020 housing market from one of the largest names in real estate. Tom Farley, chairman and CEO of Far Point and former NYSE president, and Joe Terranova, senior managing director for Virtus Investment Partners, join “Squawk Box” to discuss. 01:58 17 minutes ago

When you think about smart phones and smart home technology, you probably picture Millennials making their living spaces as convenient as possible. That’s not an inaccurate picture, but it’s not a complete one either. Boomers and seniors are an enthusiastic and growing market for these features, which can make living independently easier, safer, healthier and

Contractors work on townhouses under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Homebuilders aren’t building enough for millennials That generation is expected to be the largest single cohort of homebuyers next year, but the nation’s homebuilders are not keeping up. This is already exacerbating

That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it

The UK’s biggest commercial property fund has been suspended after its adminstrators claimed “Brexit-related political uncertainty,” was causing investors to remove money at an unsustainable rate. Investment firm M&G added in a statement Wednesday that changing trends in U.K. retail were also having a negative effect on property demand. “In recent months, unusually high and

Star Wars’ creator George Lucas has bought a beachfront property next to his villa in Carpinteria, … [+] California. (Photo by Frazer Harrison/Getty Images) Getty Images Legendary director George Lucas is expanding his beachfront villa in Carpinteria, California, after the purchase of a 2-acre site next door for $28 million. The property acquired by Lucas,

Losing to the urban neighborhood of Crystal City in Arlington, Virginia, may not be the end story for the more than 230 cities that attempted to win the bid for Amazon‘s second headquarters. According to AOL co-founder Steve Case, the 14-month-long bidding process may have triggered these cities to keep the energy going and feel

Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found

Home sales will drop, the housing shortage could become the worst in U.S. history, and in some major cities home values will shrink. That is the crux of the 2020 forecast from researchers at realtor.com, which holds one of the largest databases of housing statistics available. Sales of existing homes will fall 1.8% compared with

Share to facebook Share to twitter Share to linkedin Located in Chicago’s Gold Coast, the new 61 Banks Street features a stone façade framed in dark … [+] metal. Steve Hall @ Hall+Merrick Photographers While ultra modern, glass-and-steel exteriors have reigned supreme over the last decade, masonry and dark trim exteriors are gaining in popularity

Indian Wells, California home at The Vintage Club Chris Miller: Imagine Imagery Valerie Neuman, founding partner and broker associate of Compass Greater Palm Springs area is one of the desert’s top producers with annual sales totaling over $100 million. Neuman knows how to showcase and market her ultra luxury listings. Over the busy Thanksgiving holiday weekend

Atmosphere outside the Hudson Theatre on July 26, 2018. (Photo by Walter McBride/WireImage) WireImage The Ambassador Theatre Group has proven, once again, that the best defense is good offense. Last year, Evelyn Castillo sued the Broadway landlord in federal court over its policy blocking guests from bringing outside food into its theaters. She complained that

Shimao Property’s billionaire chairman Hui Wing Mau is among “first-generation” Chinese rich turning… [+] over leadership at flagship companies to their children. Photographer: Qilai Shen/Bloomberg News BLOOMBERG NEWS (This is a guest post by Zhao Luyun, a Forbes China columnist, the founder of the Zhan Rui Family Inheritance Research Center, and a visiting professor at the

Workers install roof trusses on a home under construction in Vineyard, Utah. George Frey | Bloomberg | Getty Images Continued low mortgage rates are keeping bankers busy, as refinance applications continue to rise. Refinance volume helped push total mortgage application volume up 1.5% last week compared with the previous week. Volume was 153% higher compared

Increasing the supply of affordable rental housing, or at the very least maintaining the current … [+] supply instead of regulating it into oblivion, is vital for the sustainability of the industry. 123RF.com So, what was prophesied by the industry has indeed come to pass. Barely six months since the government enacted the Tenant Fees

Medical office timeshares, telehealth and wellness centers emerge in the healthcare real estate … [+] sector. Getty In the medical real estate space, HealCo is a tech startup on a mission. Launched in 2019, the company conducts a marketplace for medical and wellness office timesharing, management and compliance. HealCo brings together the spectrum of parties