A “For Sale” sign is seen in front of a home on May 30, 2019 in Miami, Florida. Joe Raedle | Getty Images Home prices continue to break records, as strong demand slams up against weak supply. Nationally, home prices were 16.6% higher than in May 2020, the highest reading in the S&P CoreLogic Case-Shiller
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Founder, CEO of Blue Lake Capital LLC. Helps passive investors grow wealth through real estate. Podcast Host: REady2Scale. When I first heard the term “anti-financial plan,” I was somewhat surprised, as most experts use the term “financial plan” when discussing finances and retirement. But the more I looked into what an anti-financial plan was, the more
Sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in April 2020, according to data released by the U.S. Census Bureau on Monday. Sales of new single family homes fell to an annualized rate of 676,000, 6.6% below May’s rate of 724,000 and 19.4%
Houses for sale at a real estate summit & trade fair in Beijing, China. Zhang Peng | LightRocket | Getty Images U.S. homebuyers went on a buying spree during much of the coronavirus pandemic‘s first year. International buyers did just the opposite, though. Even with virtual options in place for property tours, sales of U.S.
Actor-screenwriter Deon Cole, known for his role as Charlie Telphy on the ABC comedy Black-ish and the spin-off series Grown-ish, has bought a home in the San Fernando Valley region of Los Angeles for $5.7 million, according to real estate sources familiar with the deal. The Italian villa-style home in Encino has more than 8,000 square feet of living
The pandemic-era’s renewed focus on health and wellness has been accompanied by a flock of fascinating phenomena. Among the most salient: a crusade by residential buyers to look beyond conventional ventilation and air filtration in an effort to find the cleanest, purest and just plain finest indoor air around. The response of developers has been
If you were walking down Bleeker Street some 60 years ago, it would not be unheard of to cross paths with some of the most celebrated artists of the post-war era—a young, serious Nina Simone strutting to a gig, a frantic Jack Kerouac sitting on the curb scribbling notes, or even a paint-splattered Jackson Pollack
They say you shouldn’t judge a book by its cover, but there are exceptions to every rule. If you’re decorating with books or reading them for design and lifestyle inspiration, you’d be foolish not to. There is so much you can do with coffee table books, from adding color to creating texture and layering. You
Across the country, would-be first-time homebuyers are facing disappointment, as they realize the rapid rise in home prices has left them priced out of the market. Many house shoppers are losing bidding wars to cash buyers. Only about 549,000 homes were available for sale nationwide in June 2021, a number that is down 45% over
Mike Hambright is a real estate investor, mentor and coach, and is the Founder of FlipNerd.com and the Investor Fuel Mastermind. Take a moment and look back at your first job. For most of us, it was minimum wage or close to minimum wage, and we worked our butts off and were proud of the paycheck we
If there is one thing the stay-at-home year of 2020 taught us, it is that a garden can be an escape, a source of joy, a way to get healthful exercise, a natural expression of ongoing change and a frame for the architecture of our homes. It is also a great way to show off.
Protesters surround the Los Angeles Superior Court on August 21, 2020 to prevent an upcoming wave of evictions in the city. Lucy Nicholson | Reuters Renters struggling with housing costs because of the pandemic have been shielded from eviction for nearly a year, but now the national ban on such proceedings will expire on July
Technological advances in every industry have the potential to optimize business operations and change industry standards. In the real estate sector, commercial real estate (CRE) technology is rapidly evolving as professionals focus on revolutionizing the current commercial real estate market. Much of today’s emerging CRE technology uses big data, machine learning and the Internet of
The race to reduce carbon emissions is heating up, much like the planet itself is. But reducing emissions alone will not be enough to stop what’s happening. It is not even enough to reach the goal of the Paris climate agreement, which is to limit global in this century to 1.5 degrees Celsius above preindustrial
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Many brokers are technically savvy but don’t have the personal touch that is so critical for dealing with people. We are all different but we can all benefit from deepening our knowledge and developing our skills through self-education
Soaring home prices are making many homeowners wealthier and wealthier. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. That represents an average gain of $33,400 in just that one year period. Altogether, the amount of available,
After four straight months of declines, sales of previously owned homes rose 1.4% in June month to month to a seasonally adjust annualized rate of 5.86 million units, according to the National Association of Realtors. These sales represent closings, so they are based on contracts signed in April and May. Sales were 22.9% higher compared
This 11th century chateau in Thuir, France, wears the scars of battle well. Attacked many times, the fort-like property still has cannonballs embedded in the walls. Set on the site of ongoing turf wars in the Pyrénées-Orientales, also known as Northern Catalonia, the once simple stone keep was fortified over the centuries. During World War
n what many continue to term post-pandemic times, a commonly-asked question is whether the suburban housing boom will continue or downtown city living will make a vibrant comeback. With apologies to those who love the decisive ability to come down on one side or the other, it may be possible both outcomes will be realized.
designer491 | iStock | Getty Images The rollout of the $45 billion in federal rental assistance allocated by Congress has been slow and rocky, but more families are starting to get the relief. Some 290,000 households received the aid in June, up from 160,000 in May and 100,000 in April, according to new figures released
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. As a real estate agent diving back into the post-pandemic era of socialization, are you finding it hard to transition back to in-person meetings and talking directly with clients? Last year, in response to Covid-19 lockdown orders, so many
A rally to prevent Massachusetts evictions in front of Boston Housing Court on Oct. 15, 2020. MediaNews Group/Boston Herald via Getty Images | MediaNews Group | Getty Images Biden administration officials urged states and cities on Wednesday to move quickly to get federal assistance out to the millions of households that are behind on rent
Grammy-winning singer-songwriter Meghan Trainor and her husband, actor Daryl Sabara, have sold their home in the Toluca Lake neighborhood of Los Angeles for $$5.94 million, records show. Listed in May for $5.95 million by Justin Paul Huchel of Hilton & Hyland, the private and gated estate proved to be a hot item in a surging
Daniel Acker | Bloomberg | Getty Images Mortgage rates have been on a roller coaster lately, albeit a low-riding one. A mixed picture of rates last week, though, was enough to put the brakes on a recent rise in refinance demand. The average rate for 30-year fixed loans with conforming balances and a 20% down
Glenn is president of Ally Home with more than 35 years of experience in consumer lending, mortgage and capital markets. The combination of a lack of housing inventory, increased building costs and low rates has created an environment of high home prices and fierce competition among buyers. Despite this being one of the most competitive markets I’ve
New York City homebuyers expecting to find less competition this summer may be in for a shock. The Manhattan summer buying season is shaping up to be one of the most active in recent memory, according to a new report from real estate data provider UrbanDigs. Traditionally, the summer months bring warm weather and a
The nation’s homebuilders continue to be thrilled with buyer demand, but higher construction costs are starting to eat away at their confidence. A monthly sentiment index from the National Association of Home Builders dropped 1 point to 80 in July. The index stood at 72 in July 2020. Anything above 50 is considered positive. The
Backpacks and loose-leaf binders are sliding into the seasonal aisles of your favorite retail chains as back-to-school season approaches again. Millions of parents across the country look forward enthusiastically to their kids being in the classroom after the strangest year in most of their lifetimes. If you’re one of them, there are adjustments you can
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters There are several signs in the market for newly built homes that point to a potential slowdown for the nation’s homebuilders. Data released Tuesday added to the evidence
House or apartment hunting can be a fun and exciting prospect. While the qualities you want in your new space may be obvious—like a wood-burning stove, a fenced-in yard or a spacious master bedroom—qualities to look for (or more importantly, avoid) in a real estate agent may not be quite so clear. Choosing the right
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