Real Estate

When it comes to medical research, higher education, cultural institutions and historic neighborhoods, few cities can compete with Boston. The city’s wealth in the arts and and life sciences keeps it vital and active even when the economy slows in other sectors. In fact, a recently-released ranking of the world’s most innovative cities lists Boston

With Covid encouraging city dwellers to move to the suburbs and families looking for home offices and bigger yards, prices for the American dream home have skyrocketed. Home prices surged in March, up 13.2% from the year prior, according to the S&P CoreLogic Case-Shiller National Home Price Index. “Everybody expected housing to really sort of

A “For Rent” sign is posted outside a residential home in Carlsbad, California, on January 18, 2017. Mike Blake | Reuters If you think buying a house has become too expensive, try renting a home or apartment. Fast-rising home prices have investors seeing dollar signs, and renters digging deeper into their wallets. Rents for apartments

Miami Beach, long a focal point for lovers of sun, sand and saturnalia, has adopted a new and more businesslike persona over the past pandemic-pummeled months. The city’s office market has been transformed into a haven for corporate transplants, welcoming increasing numbers of Wall Street dynamos and financial powers to its C-suites, and sparking a

Retired basketball star and television personality Dwyane Wade and his wife, actress Gabrielle Union-Wade, have sold their home in the Sherman Oaks neighborhood of Los Angeles for $5.5 million. While it may pale in comparison to the mega-closings of Beverly Hills and Malibu, the transaction ranks as the second-highest sale recorded this year in the

In this week’s look at the world’s finest homes, I took a look at what’s for sale for about $4.4 million in three markets that rank among the most desirable pockets in the world: Hawaii, Hong Kong and Southern California. Whether you’re in the market for a second home, an income property or a trophy

For those who live in urban centers, navigating life during COVID-19 has meant rethinking use of green spaces. Pre-COVID, the local park, courtyard or well-designed backyard may have been a nice-to-have amenity, but the pandemic brought to light the importance of accessible green spaces for both physical and emotional wellbeing. From socially distant picnics and

Clark Twiddy is the President of Twiddy & Company, a hospitality and asset management firm along North Carolina’s Outer Banks. With Apple’s recent announcement of a new campus in North Carolina — their first in more than 20 years — coupled with recent census studies, highlighting a net population gain of over a million people over

A computer generated aerial view of Greater Springfield near Brisbane, Australia. Springfield City Group Travel up the sunny shores of Australia’s Gold Coast, 25 kilometers outside of Brisbane, and you’ll find Greater Springfield, a city that’s different by design. You may never have heard of it. Unsurprising; the city is not yet 30 years old.

Summer is almost here and after not seeing friends and family for a long time, you’re probably ready for barbecues, dinner parties, and homemade outdoor brunches. After a long period of social distancing, many of us are looking forward to socializing again. There’s no better way to do this than serving a delicious meal on

Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a “wild west” mentality among investors. “I haven’t done that in print. I’ve been saying that,” the Yale University professor told CNBC’s “Trading Nation” on Friday.

Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  Every real estate investor understands the value of a good home inspector. Among other things, home inspectors identify invisible water damage, check the integrity of the foundation and identify other problems before they become serious.   But home inspections are expensive

Lumber and plywood prices have jumped through the roof in the U.S. Building materials prices will retreat in 2022, returning to pre-pandemic levels by 2023. They reflect housing-specific issues, not general inflation. (The general inflation is coming, I have argued, but lumber is not an early sign.) Wood products prices typically fluctuate more than most

In a sea of flashy amenities and larger-than-life mega-mansions, it can be challenging to stand out in Los Angeles’ speculative development scene. But one development firm is redefining the idea of luxury living in L.A. by leveraging a highly bespoke approach. Viewpoint Collection is a premier real estate developer that works with the most renowned

The question might seem so ridiculous that it borders on idiotic—after all, Malibu is known around the world for its epic coastal hills that slope dramatically into soft-sanded beaches lining the Pacific, as well as its Mediterranean climate and famous residents that include the likes of Will Smith, Leonardo DiCaprio and Pierce Brosnan. But if

In this article GOOGL California Governor Gavin Newsom speaks at the opening of the country’s first federal and state operated community vaccination site during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, February 16, 2021. Mike Blake | Reuters California Governor Gavin Newsom pointed to a recent flood of tech IPOs and

CEO and Co-Founder of Green Generation, which engineers and implements comprehensive integrated energy efficiency solutions. This year’s Earth Day held particular importance. I didn’t need to revisit the doomsday statistics or look to signs of progress to substantiate that point. After all, measures of the efforts to mitigate and ultimately reverse anthropogenic climate change were front

The Atlantic hurricane season hasn’t even begun (it officially starts June 1), but excessive spring flooding has already displaced thousands of residents in Louisiana.   A freak ice storm in Texas in February took out much of the state’s power grid, plunging nearly 10 million people into a cold, dark catastrophe. More than 150 people

Residential buildings in the East Village neighborhood of Manhattan in New York City. James Andrews | iStock | Getty Images The Treasury Department announced on Friday that it’s disbursed more than $6 billion to states to help renters and landlords struggling because of the coronavirus pandemic. Between the last two major stimulus packages, Congress has

San Miguel de Allende, located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato, is a prime destination for American retirees. COVID has only increased this gem of a city’s desirability. These ex-pats move for a mild climate, five-star dining, accessible art and culture, Baroque/Neoclassical colonial

Actor Steve Hytner has sold his Mid-City Los Angeles home for $1.59 million, which is nearly $200,000 more than the listing price for the newly-remodeled property. As Hytner’s most well-known character, Kenny Bania on the hit NBC sitcom Seinfeld, would say, “That’s gold, Jerry! Gold!“ The “Seinfeld” actor’s home received more than 50 offers after hitting

Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted annualized rate of 5.85 million units, according to the National Association of Realtors. It was the third straight month of declines, the group said. Sales were 33.9% higher than April 2020, but that comparison

US President-elect Donald Trump along with his son Donald, Jr., arrive for a press conference at Trump Tower in New York, as Allen Weisselberg (C), chief financial officer of The Trump, looks on. Timothy A. Clary | AFP | Getty Images The longtime chief financial officer of the Trump Organization, Allen Weisselberg, is under criminal

At first glance, you might not call this estate in Carpinteria a contemporary. The innovative design takes many of its cues from adobe or Pueblo Revival architecture. But here, the stucco walls have clean, crisp corners rather than rounded edges. Overhangs replace exposed beams on the exterior. The trapezoid is the predominant structure shape, not the rectangle

Olga Kaya | iStock | Getty Images There are now more than 360 programs across the country providing money to renters who’ve fallen behind because of the coronavirus pandemic. The funds total more than $45 billion and have been allocated by Congress in the last two major stimulus packages in the hopes of clearing up

In March 2020, Procore CEO Tooey Courtemanche had his bags packed to go on an investor roadshow to pitch his construction cloud software business to analysts ahead of an initial public offering. Founded in 2002, Procore had taken a long path to IPO. But it would have to wait longer yet, as the Covid-19 pandemic

In the wake of downturns, real estate recovery is often heralded by a clearing out of distressed assets. Opportunistic investors typically look to struggling, over-leveraged or mismanaged properties. Low-interest debt and the promise of a market swing—often as well as some value-add strategy—drive activity and signal an industry turnaround on the way. 2021 is already

A contemporary waterfront mansion on Florida’s Marco Island is on the market with a $14.25 million price tag, claiming the title of the most expensive residential listing for sale since 2005 at the Gulf Coast retreat. Forget the beach crowds. This property on a nearly one-acre double lot has it all, with an idyllic 180 feet

James Shaffer, guitarist for Grammy-winning rock band Korn, has listed his Beverly Hills home for $5.495 million. Built in 1978, the traditional Hamptons-inspired home was recently renovated, according to the listing with Jonah Wilson of Beverly Hills-based brokerage Hilton & Hyland. Set on lower Deep Canyon Drive, the gated and hedged property includes a pool and spa

In this article PHM @LB.1 A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Lumber futures fell for an eighth-straight day on Wednesday and threatened to derail a monthslong frenzy that pushed