ShopPremiumOutlets.com will operate similar to a marketplace open to brands that are tenants of Simon Premium Outlets Simon Property Group Recently, Simon Property Group’s CEO David Simon told analysts on a post-earnings conference call “I think most of the bad news is behind us,” referring to store closures and retail bankruptcies. “But I can’t guarantee
Real Estate
Amnesty International has widely protested the Chinese treatment of predominantly Muslim ethnic groups in Xinjiang. Here, a protester is confronted by supporters of Chinese Prime Minister Li Keqiang on Oct.16, 2018 in The Hague, Netherlands. Pierre Crom | Getty Images A state-owned Chinese shipping company refused to lease an office space in New York City
Share to facebook Share to twitter Share to linkedin This converted carriage house is one of only 15 homes in the exclusive Grace Court Alley in Brooklyn Heights. Compass One of the last converted carriage houses of the renowned Grace Court Alley in Brooklyn Heights has come on the market after 15 years. The 25-foot-wide
The latest increase in Chinese tariffs is hitting home remodelers where they live, and they are passing those higher costs on to clients. From tile to counter tops, laminates to lighting, all the fancy finishings — about 450 of them, worth approximately $10 billion a year in expenditures nationwide — are on the list that
The historic Erickson ranch in Aspen, Colorado Christie’s International Real Estate Of all the neighborhoods in Aspen, Colorado, Red Mountain is one of the most prestigious. One particular estate in this sought-after enclave on Aspen’s north side is the largest, most private lot currently listed, earning its owners serious bragging rights. The historic Erickson ranch,
LOS ANGELES — California Gov. Gavin Newsom, in his revised state budget released Thursday, proposed a record-$213.5 billion spending plan for the next fiscal year — a 2% increase over his January budget. The budget includes money to fund health care for undocumented immigrants, as well as $1.75 billion to help boost housing production statewide
(Photo by Leon Neal/Getty Images) Getty Telefonica-owned U.K. mobile operator O2 has partnered with U.K.-based Wireless Infrastructure Group to bring 5G to U.K. hotels, shopping malls, sports stadiums, and conference centers. The multi-million-pound investment is designed to deliver enhanced connectivity to these busy public spaces. “This significant investment in our network will give O2 customers an even
Millennials have hugely unrealistic expectations about when and how much they will inherit, according to new research. According to the investment management firm Charles Stanley, millennials expected to be left an average £129,380 ($168,450) – but official statistics showed that the average inheritance in the U.K. is currently £48,000, while the median inheritance is £11,000.
How will we know whether Opportunity Zones have been successful? That’s a question many investors and community leaders have been asking since the bill’s enactment in December 2017. The good news is, there may finally be a way to figure that out. The bad news? The official enactment may take a while. A new proposal
LOS ANGELES — California’s Central Valley continues to grow in population even though it suffers some of the highest unemployment in the state. The state’s new Democratic governor is pushing economic development in the agriculturally dominated region, but a newly issued report from a think tank isn’t very encouraging. “Most economic indicators have not moved
Founder Rich Barton returned as Zillow CEO in February to lead its transition from selling ads to real estate agents to flipping homes. © 2014 Bloomberg Finance LP In its first quarter earnings report out Thursday, Zillow Group showed stronger than anticipated growth in the home-buying business it launched last year. The program, known as
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018. Daniel Acker | Bloomberg | Getty Images After pulling back for several weeks, homebuyers stepped back into the mortgage market last week. Total mortgage application volume increased 2.7% compared with the previous week, according to the
President Donald Trump Joshua Roberts | Reuters President Donald Trump on Wednesday fired back at The New York Times over the newspaper’s investigative report that said his tax figures from 1985 through 1994 showed staggering business losses of more than $1 billion. “You always wanted to show losses for tax purposes….almost all real estate developers
ALINA Residences is a new multifamily residential development coming to downtown Boca Raton. Garcia Stromberg Sandwiched between Palm Beach and Fort Lauderdale, Boca Raton, Fla. is among the fastest-growing cities in South Florida. The city’s job growth, entrepreneurial expansion and surging economic diversity is reflected in residential and commercial expansion, business development and more and
A realtor, at right, shows prospective buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images Home prices are less heated this spring, but the largest metropolitan markets are still overpriced. About 40% of the nation’s top 50 markets, based on the number of homes, were overvalued in March, according to
Share to facebook Share to twitter Share to linkedin Real estate agents, like mortgage providers, title insurers, and home inspectors, depend on the free flow of information and compensation to remain in business. AdobeStock_113802827 What is it about 2019 which seems to be drawing the ire of regulators and competitors to the residential real estate
Getty Images High home prices along with strong demand have today’s youngest homebuyers moving to smaller cities — and that could mean a boom for local economies and home values in those markets. For example, Madison, Wisconsin is a new mecca for millennials, according to a recent study from the National Association of Realtors, which
Mother’s Day is coming up on Sunday and her favorite café is sure to be busier than it’s ever been. (If you haven’t made a reservation yet, breakfast in bed may be the way to go this year.) Either way, a meal alone won’t cut it, so consider a gift that lasts longer than brunch,
Skyscraper and high-rise buildings near The Bund at night. Getty In a previous article, I theorised that one of the key PropTech themes for this year is that of “smart” technologies. Industry players seek solutions that help deliver the now widely accepted principle of real estate-as-a-service. There are many ways this goal can be achieved, from
(AP Photo/Bullit Marquez) ASSOCIATED PRESS The Philippines is already caught in China’s web, but there’s still the time and a way to escape from it. The time is now that its economy isn’t heavily dependent on China. And the way is by saying “no” to Chinese investments that could leave the country heavily indebted to
Closing on a property can be both exciting and stressful. You hope that everything will go smoothly, so that you can start enjoying your new home, or get to work on renovating your new purchase to attract tenants. In order to make that happen, you need to be sure to keep everything in check. Of course
Firefighters battle flames overnight during a wildfire that burned dozens of homes in Thousand Oaks, California, November 9, 2018. Eric Thayer | Reuters Extreme weather, from floods to wildfires to high-category hurricanes, is causing ever more damage to neighborhoods. Now, new research shows that much of the nation’s housing stock may be underinsured against these
Will Blockchain Make Poverty Obsolete? iStock Why is it that capitalism seems to work so well in Western countries and fails the majority of the world that is living in poverty? According to the economist Hernando de Soto, the answer lies in something that he calls “dead capital” – assets without proof and liquidity. Developing
Inflation: a sustained increase in the general level of prices for goods and services. In more lay terms, it means as time goes on and inflation goes up, your buying power becomes less and less with the same amount of money. Remember in the mid-90s when $1 million dollars seemed like you were ready to
A luxury home with swimming pool is shown in Naples, Fla. A. Kurtz | Getty Images The nation’s priciest properties are in far less demand this year, and that is taking a toll on their values. Sales of homes listed at $2 million and above fell 16% in the first quarter, the sharpest annual decline
TRI Pointe Group CEO Douglas Bauer on Tuesday told CNBC he saw a “momentum shift” in the first quarter of 2019. “The consumer is definitely more engaged,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. An amalgamation of local housing companies, TRI Pointe has surged more than 19% this year along with
Choosing a remodeling contractor to hire is a big decision. After all, not only are you letting this person and their crew in your home, but you’ll also likely be giving them a lot of money. With that in mind, it’s best to do a little bit of research first so that you can make
Red Cross aid helps resident, from GlobalChange.gov, the 2018 National Climate Assessment Globalchange.gov “We moved into our new house and three weeks later, lost it all in Hurricane Harvey.” My heart sank for when the pleasant man sitting next to me at a legendary local D.C. bar and restaurant recently recounted his family’s experience relocating to Houston.
A sign is seen in front of a home for sale in San Francisco. Justin Sullivan | Getty Images The median price of a San Francisco Bay Area home sold last month fell slightly compared to the prior-year period, marking the first annual drop since the bottom of the last housing crash, seven years ago,
Give mom something special for Mother’s Day this year. Primary Petals Our mothers do so much for us. But showing our love on Mother’s Day can often be a challenge. Buying a unique, outside-the-box gift is a great way to show her how thoughtful you are. Gifts for the home are particularly appreciated because they’re