Real Estate

A woman browses the site of US home sharing giant Airbnb on a tablet. John MacDougall | AFP | Getty Images Airbnb is partnering with a major New York real estate developer, RXR Realty, to convert portions of New York City commercial properties into a “new category of urban lodging.” They are essentially hotel rooms

The Rock House is in development Grace Bay Resorts Turks and Caicos’  luxury real estate market is hot.  It’s an easy three plus hours direct flight from New York’s JFK to Providenciales, the largest island in the Turks and Caicos chain. Providenciales is home to the Island’s largest population, luxury resorts and luxury residential development.

LOS ANGELES — Rent control is back on the front burner in California as lawmakers consider a bill that would cap monthly increases statewide and Gov. Gavin Newsom weighs in to support “a renter protection package.” The push in Sacramento for rent control comes as a new effort is underway to put a rent-control measure

Corn and soybeans grow on a farm on July 13, 2018 near Tipton, Iowa. Scott Olson | Getty Images News | Getty Images Farmland values in America’s heartland are still stable, despite pressures on farm incomes and rising interest rates, according to a quarterly report by the Federal Reserve Bank of Kansas City. At the

635 Park Avenue has revised its financing requirements, and now permits 50% financing, in an effort to draw in younger buyers. Warburg Realty While millennials, who are nearing 40, make up the fastest growing segment of the home buying market, a significant portion of New York City’s housing stock is from a much older generation.

Will Realtors Disappear? Propy Inc The traditionally stale real estate industry is starting to evolve faster due to advancements in automation and new technologies such as AI and blockchain. These technologies bring the opportunity to tackle the well-known inefficiencies of the real estate sector. As a result of these changes, real estate agents will need

The County of Los Angeles’ population fell last year, even as other major counties in the state added residents. “Los Angeles is just not growing,” said Richard Green, director of the University of Southern California’s Lusk Center for Real Estate. “A lot of [the reason] is housing, and not just the cost of housing but

Share to facebook Share to twitter Share to linkedin Buyer and sellers not only represent opposite sides in the negotiation equation, but also experience the tugs of the give and take in very different ways. AdobeStock Buyers feel excited. Sellers feel nostalgic. Buyers look ahead. Sellers look back. These differences help to explain the profoundly

27 Mins Ago Shares of retailer Macy’s rose 2% Wednesday, following a report by Bloomberg the retailer may build an office tower on top its flagship New York store. The reports are indication that the retailer may be further evaluating ways to make money off its expansive real estate portfolio. CNBC’s Courtney Reagan reports.

Since New York City required residential buildings to set smoking policies, real estate agents and landlords say they have seen no impact on sales. Getty Since last summer, all New York City multi-family properties have been required by city law to create smoking policies for their buildings, leaving landlords, co-op boards and property managers debating

Sales of new U.S. single-family homes jumped to a near 1½-year high in March, boosted by lower mortgage rates and house prices. The Commerce Department said on Tuesday new home sales increased 4.5 percent to a seasonally adjusted annual rate of 692,000 units last month, the highest level since November 2017. It was the third

I recently interviewed Ryan Simonetti co-founder and CEO of Convene. What I loved about the Convene model is that it displays the core element to transformation – taking one industry model and transplanting it into a related but different industry … in this case incorporating hotel concierge services into commercial real estate. Convene has quickly

Sales of existing homes were weaker than expected in March. But behind the headline numbers, an even more disconcerting dynamic is playing out. Both the high end and the low end of the market are struggling due to completely different factors. Sales of the lowest priced homes—those below $100,000—were down 13% in March compared with

The idea of living mortgage-free can be particularly enticing for individuals nearing retirement. At this time, it’s also common for empty-nesters to consider selling the large family home in favor of a smaller property or condo that’s easier to maintain. Homeowners who have lived in a house for a long time and now have a

Strong home price appreciation last year led many to wonder if housing was unsustainably strong. I thought not and in November 2018 wrote Housing Forecast: Not A Bubble In 2019. This update shows that housing will continue to soften, though not quite so much as previously expected. The most important factor determining housing construction and

“The Brady Bunch” house is as iconic as its TV stars. Its staircase will be a key feature of HGTV’s ‘A Very Brady Renovation.’ (ABC Photo Archives/ABC via Getty Images) Getty If you think ABC milked The Brady Bunch franchise, HGTV is squeezing every last residual drop from that cash cow. Get ready for the

Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back. Mortgage applications to purchase a home rose 1% last week from the previous week and were 7% higher than a year ago. Purchase applications reached their highest level since April 2010. Total mortgage application volume

Smart security products have become increasingly popular in recent years. Among them are smart locks, which allow you to secure your doors remotely and give you a way to get back into your home through your smartphone when you’ve forgotten your keys. To help you wade through the many options available now, we’ve rounded up some of

Yardbird’s Waverly Collection. Yardbird When purchasing outdoor furniture, consumers usually have to choose between sustainability and affordability, but two-year-old startup Yardbird has found a way to offer both. Launched in 2016, the brand’s 2017 pop-up store sold $1 million in inventory within its first four weeks of opening. With over $4 million in sales, they’ve exceeded

Step aside, Florida. New Mexico is the new top retirement destination. Those were the findings from a survey by United Van Lines. The relocation company polled 26,998 of its customers who moved last year, through Nov. 30, 2018. Among those who moved to New Mexico, 42% said they did so because of retirement, making the

Marc Jacobs bought the four-story West Village home in 2015. Yoo Jean Han Fashion aficionados now have the opportunity to live in a four-story West Village townhouse designed by Marc Jacobs. The designer bought the 4,346-square-foot home as a blank palette for $10.495 million in 2009 and furnished the entire space, from the doorknobs to

The nation’s homebuilders are pleased with the strong demand they’re seeing this spring, but they continue to see buyers being held back by today’s high home prices. Builder confidence rose 1 point to 63 in April in the monthly National Association of Home Builders/Wells Fargo Housing Market Index. It was at 68 last April, and

Share to facebook Share to twitter Share to linkedin This diagram shows how an ERV/HRV functions in the house. The green ducting shows the fresh outside air entering the unit and passing through the heat exchanger. The red ducts show the tempered air flowing into the home, while the yellow shows the stale air being returned

Share to facebook Share to twitter Share to linkedin This is the interior of the post and beam/panelized house in Carabbia-Lugano, Switzerland. The metal connectors can be seen where the beams join. The house was designed and built by HUF HAUS. Photo courtesy of Lothar Rehermann for Prefabulous World, published by Abrams Post and beam

Here’s a home improvement project nobody looks forward to: replacing a sewer line. For homeowners, the mortgage, property taxes and insurance only account for a portion of the cost of owning an abode. It’s those surprise emergency repairs that can destroy your budget. Indeed, 18% of homeowners polled by HomeServe USA said that they had

Ollie’s Bargain Outlet is one-third of the way to opening 950 locations after opening three Tennessee stores on Wednesday, CEO Mark Butler told CNBC. The discount retailer is also eyeing new establishments in Oklahoma and Massachusetts, which would expand the chain to 25 states across the country, he said. Ollie’s store count currently stands at

KISS band members Peter Criss (left), Gene Simmons (top), Ace Frehley (right) and Paul Stanley (bottom). (Fin Costello/Redferns) Getty There’s no disguising this. KISS drummer Peter Criss needed an escape from his intense Rock-n-Roll fame. He found it in this enchanting Greenwich, Connecticut manor—a storybook chill estate where he could play with his dog, drums

Sometimes life will throw big expenses your way. When that happens, tapping into the equity in your home can be a smart way to get the funds you need. In particular, doing a cash-out refinance is one way you can take advantage of your home’s equity, all at a fraction of the interest rate of a

A Beijing district court ruled Wednesday that a blog operator must apologize and pay more than 200,000 yuan ($29,851) to real estate developer Soho China for reputational damage. That’s after a blog run by the operator, Zhuhai Shengun Network Technology, claimed that one of the developer’s properties brought bad luck to its tenants due to

LOS ANGELES — California may be the fifth-largest economy in the world, but poverty is more prevalent among families with children in the state than in the rest of the nation. “This is a state that has great prosperity,” said Lori Turk-Bicakci, senior manager for the KidsData program at the Lucile Packard Foundation for Children’s