Real Estate

This traditional Spanish-style villa in the town of Rocafort in Valencia, Spain, looks as though it rose from the mass of rocks below. In fact, stones extracted from the property between the 14th and 16th centuries were used to construct landmark buildings in the nearby city of Valencia. The lower portion of the property displays

Resident works with desk top computers and laptops at Google Inc.’s tech campus at East London’s Tech City. Bloomberg | Bloomberg | Getty Images LONDON — Google is closing its dedicated start-up space in London known as Campus. The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in

If you’re planning to stay home this summer or just taking local trips, an online marketplace called The Nopo might just satisfy a bit of your wanderlust. While shopping online doesn’t exactly expose you to the same sights, sounds, and tastes, this platform allows consumers to purchase a variety of items including home decor, rugs,

Real estate agents know they’ll have to have tough conversations with clients from time to time, especially when events in the world affect the industry. Having these conversations in a professional manner is key to maintaining a good relationship with clients in the future. Feel prepared to handle sensitive subjects with your buyers and sellers

As New York’s residential market heats back up amid the easing of commercial restrictions and lower Covid rates, questions remain about what the recovery will look like and how soon investors can expect the market to return to pre-pandemic levels or higher. Much of this increased demand is due to a sooner-than-expected return to relative

Train stations make great hotels, as it turns out. The latest case in point, Central Station Hotel in Memphis, Tennessee, opened as a hotel in October 2019, after a 22-month renovation. With 123 rooms and an appropriately music-oriented décor, it is located in the thriving South Main District, near the National Civil Rights Museum, Beale

Founder and CEO, Visual Lease. Real estate leases can serve as key strategic assets for companies, presenting opportunities to improve the execution of a business strategy while also creating operational efficiencies. But leases also present risks. Without close attention to them, you can lose the situs of your business, cause disruptions in operations and lose money

Foreign purchasers have long comprised a large share of home buyers in South Florida. But this year, they are being outnumbered by California and Northeast U.S. transplants, who viewed the pandemic as a catalyst to relocate from their dense urban areas and high-tax states. The result? Record-low inventory levels of single-family homes in South Florida,

For Lease sign in window, Queens, New York. Lindsey Nicholson | Education Images | Universal Images Group | Getty Images Once-temporary rent breaks for retailers are expected to become the new standard among landlords, even after pandemic restrictions end and shopping rebounds, the Wall Street Journal reported Tuesday. Mall vacancies in the U.S. hit a

In this article RDFN INVH Invitation Homes CEO Dallas Tanner told CNBC on Friday the U.S. housing market remains “healthy,” downplaying concerns that the sharp rise in prices during the Covid pandemic is creating bubble-like conditions.  In an interview on “Squawk on the Street,” Tanner said the supply-and-demand dynamics that have contributed to the feverish

Legacy At Vail Square in Lionshead Village is much more than a premier luxury condominium development on prime Vail real estate. The late Bob Lazier, one of Vail Valley’s pioneer developers and a much-loved community and business leader, began the project in 2006. Lazier was a prolific developer. His Vail projects included The Cornice, Wedel

China’s residential properties have seen strong demand, and there are three factors driving it, according to Deutsche Bank’s Linan Liu. Data released Thursday by the National Bureau of Statistics showed that new home prices in May rose 4.9% from a year ago, compared to a 4.8% increase in April. The average new home prices in

It seems as though actor and director Robert Redford is capitalizing on the real estate boom in the West, as he has officially listed his stunning Utah horse ranch for $4.9 million. Redford’s ranch, Horse Whisper Ranch, named after his 1998 movie The Horse Whisperer, is located 16 miles north of Sundance, Utah and spans

It’s been a good month financially for tennis’s reigning men’s world #1, Novak Djokovic. Coming off his 19th Grand Slam title at Roland Garros last weekend, Djokovic last night sold his 2,421 square foot condo in Miami Beach’s exclusive Surfside neighborhood for $6 million. On top of the $1.69 million that he netted by capturing

The average rate on the popular 30-year fixed mortgage moved decidedly higher Thursday, hitting 3.25%, according to Mortgage News Daily. That is the highest rate since mid-April. The move was a reaction to comments made Wednesday by Federal Reserve Chairman Jerome Powell following the central bank’s meeting this week. Fed officials indicated that rate hikes

Mountain resort markets have been in high demand since the onset of the COVID-19 pandemic, sending prices soaring in hotspots such as Vail and Aspen. In Montana’s Flathead County, where Whitefish and Bigfork are located, there have been more than 90 sales of $1 million-plus in 2021. As a result, the average price for single-family

The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images The Federal Reserve’s new forecasts on interest rates and inflation don’t amount to much for investors and consumers, especially in the short term, according to financial advisors on CNBC’s FA Council. The Fed on Wednesday sped up its timeframe for raising

Amazon announced a commitment today of $300 million from its Housing Equity Fund to create more than 3,000 new affordable homes near public transit for families in the Puget Sound, Washington; Arlington, Virginia; and Nashville regions. This new commitment is part of the Seattle-based tech giant’s Housing Equity Fund, a more than $2 billion commitment

Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images After three straight weeks of declines, mortgage demand came crawling back, thanks

The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs the economic recovery is well underway. But it’s clear rates won’t stay near rock-bottom forever. Recent data showing higher consumer prices and lower unemployment will pave the way for unwinding last year’s bond buying and near-zero interest rates. Fed officials did indicate

Housing markets across the United States are on fire; skyrocketing values may be the death of the 20% down payment. Especially for first-time home buyers, the challenge of coming up with a 20% mortgage down payment can be nearly impossible, especially when continuing to save for other financial goals like retirement. Waiting for a larger

Picturesque Hanalei Bay is known for its seascape. Sand, waves and mountains meet to create views from Princeville, on the north shore of the Hawaii island of Kauai, that add an intrinsic value to the bluff homes there. Proof of this is evident at 5121 Hanalei Plantation Road, which provides a panoramic window on this

Ronel Remy, an organizer with City Life/Vida Urbana, speaks during a “Rally to Stop Evictions and Foreclosures” at the Boston Common Fountain in Boston on Oct. 11, 2020. Matthew J. Lee | Boston Globe | Getty Images Many of the more than 10 million Americans who remain behind on their rent will be at risk

In the past year, home prices rose 10 percent in Tampa, 12 percent in Salt Lake City and 18 percent in Boise. That’s not supposed to happen during a recession. In the first year of the previous recession – in 2008 – the only big market with a gain in prices was Houston, where they

CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, Diana Olick breaks down how lumber costs are weighing on homebuilders’ confidence levels. Plus, CNBC.com’s Natalie Zhang explains why teens are benefiting from widespread job openings and higher wages. Also on today’s show. Homebuilder sentiment drops to 10-month low, as construction

Boxer Sugar Ray Leonard is hoping for a knockout in the real estate market. He recently relisted his Pacific Palisades estate for $46.5 million, tapping a trio of agents, including luxury real estate specialist Drew Fenton of Hilton & Hyland, to handle the sale. The Pacific Palisades home of Sugar Ray Leonard sits on 1.7

A for rent sign advertising a row house in northeast Capitol Hill, is pictured on Monday, August 26, 2019, in Washington D.C. Tom Williams | CQ-Roll Call, Inc. | Getty Images Even as the pandemic ebbs and Americans get back to work and play, they still want more space at home. But with home prices

Malibu’s market madness from a year ago has continued at the same frenetic pace, setting the stage for a hot summer market that shows no signs of cooling down. Among the hottest spots in town? Malibu Colony, an exclusive guard-gated community of about 76 beach-side homes where there’s a chance your neighbor is an A-list

Builder sentiment in June fell to its lowest level since August, as construction costs pushed new home prices higher, sidelining buyers and making it harder for some builders to get loans. The National Association of Home Builders/Wells Fargo Housing Market Index dropped 2 points to 81, down from a recent record peak of 90 last

Eliot Bencuya is Co-Founder of real estate investing firms Streitwise and Tryperion Partners. One of the most interesting dynamics I’ve realized working with retail investors is how little investors, sophisticated or otherwise, focus on fees. From what my team has gathered, only a small percentage of investors even ask questions about fees, profit sharing, the structure of