Real Estate

Crises tend to prompt revisionist thinking. The health and economic emergency known as the Covid-19 pandemic has been no exception to that rule. The coronavirus appears to have sparked a reassessment of what is truly important in living environments. That phenomenon is seen in buyers’ and renters’ new quest for open spaces, flexible layouts and

An eviction notice in Los Angeles. Lucy Nicholson | Reuters Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes. The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden has since extended

Heading into the anniversary of the onset of Covid-19 in the U.S., the New York City multifamily market continued to experience low transaction and dollar volume both as a result of the pandemic and the ongoing effects of the Housing Stability and Tenant Protection Act of 2019. According to research from Ariel Property Advisors, the

Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped — nature of the recovery persists. Economic activity is on pace to return to pre-pandemic

There are things you can do when a property doesn’t sell: finish major repairs, add new paint or even change up the staging. But what do you do when the property is a massive hilltop? Turn to social media, of course. On Angelo Drive in Beverly Hills, a legendary estate once home to Hollywood stars

New England Patriots owner Robert Kraft is reportedly the buyer of a $43 million mansion in Southampton, New York, closing on what appears to be his most expensive home through a private, off-market transaction.  Such closely held deals, called pocket listings, have been on the rise of late, with use of the strategy often associated

CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value. “I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs, being auctioned in March by Time magazine. “I didn’t get it, so I just kept

In real estate, it’s always tempting to count your chickens before they hatch. When you’re halfway toward closing on a house, or even three quarters of the way there, you almost start thinking of the buying process as a done deal. Then complications may begin to arise, and they could even compound on one another

No one was cool like Steve McQueen. It stands to reason that the legendary actor owned a Malibu beach house back in the day; like riding a motorcycle away from Nazis or driving a green Mustang hell-bent-for-leather over the vertiginous streets of San Francisco, he set the standard for how to do it with utter

Amid a flurry of special purpose acquisition companies – both its own and for its portfolio companies – venture capital firm Fifth Wall has turned to Wall Street for its newest partner. Jeremy Fox has joined Fifth wall from Credit Suisse, where he served as a managing director leading its real estate, gaming and lodging

Hold on to your Stetsons because the real estate dirt is flying high in Texas, spurred this time, by a familiar real estate name from The Big Apple. On April 27, The Eklund | Gomes Team at Douglas Elliman Texas Real Estate made their first sale in the Lone Star State, and boy, howdy, was

urbazon | E+ | Getty Images It’s one of those debates that rarely seems to have a clear-cut winner: Should retirees pay off their mortgage or continue making those monthly payments? The answer — probably somewhat annoyingly — is that it depends. Of course, there are a couple of immediate benefits to paying off a

Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  If you invest in housing you’ve probably used the “1% rule” to judge a potential property’s rate of return. For the uninitiated, the 1% rule states that, in order to be a good investment, a home needs to generate at least

At 19, Chloe Green may not be the youngest U.S. teen to buy a home, but she is among a select group of Gen-Z homebuyers who are hoping the trend takes off. Green, who grew up in Columbus, Ohio, closed on a two-bedroom, two-bathroom condominium in Canal Winchester on April 22. Since posting her story

Analytics firm Placer.ai reported that traffic in a 52-mall sample was up 86 percent over March, 2020. And while that still lags March 2019, mall owners believe we are in rebound mode. What is unknown is how long the pent-up demand will last. And as my colleague Pam Danziger recently reported, a survey of 1,000+

In this week’s look at properties abroad, I took a look at how the high-end housing supply in Manhattan stacks up against two traditionally second-home markets in Honolulu and the French Alps. From a custom oceanfront compound in Honolulu to a sophisticated chalet in Courvechel to a designer-done apartment on Park Avenue, here’s a sample

Tyler Marks, his wife, Maranda, and their daughter, Layla, 3, and two sons, Hayden, 7, and Atticus,1. Courtesy: Marks family His name is Tyler Marks. But he showed up on the gray screen during his eviction hearing as Call-in User_3. Unemployed for most of the pandemic, Marks couldn’t afford to buy a laptop or computer

I cannot let April close without mentioning the bulge in our state. Texas has grown since the last census in 2010, so much that we are now picking up not one, but two seats in the U.S.House of Representatives. And we are the only state to do so; five other states will each pick up

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 Lower mortgage rates are not prompting homeowners or potential homebuyers to contact

Yesterday morning, two major real estate investment trusts – Realty Income O and Vereit Inc. – announced that they’ll be merging this year. The deal includes Realty Income acquiring Vereit in an all-stock transaction, with the latter’s shareholders receiving 0.705 shares of the takeover stock for each of their own they currently hold. When completed,

Stacks of lumber are offered for sale at a home center on April 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images As the housing market gets leaner, potential buyers are turning in record numbers to new construction, but several factors are making those homes pricier than ever before. First is a major shift

Andrew Lanoie is a Best Selling Author, Investor and Podcaster at The Impatient Investor, as well as Co-Founder of Four Peaks Partners. The public perception is that as the economy and the housing market go, so does the rest of the real estate market. With anxiety over a potential housing crash, what would be the possible

PeopleImages | E+ | Getty Images If you are in the market for a new house, you may be overlooking one key to your success: your credit score. That three-digit number has a direct impact on your ability to get a mortgage and what interest rate you will pay. Mortgage rates are at two-month lows,

On Manhattan’s Billionaires’ Row, just off Central Park, a luxury four-bedroom residence is up for sale. Featuring ten-foot ceilings, four-and-a-half bathrooms and an eat-in kitchen, the unit also includes 24-hour concierge service. The catch? Good luck finding it on the open market. The seller, whose identity was not disclosed, is soliciting offers from just a

FatCamera | Getty Images Lower-income homeowners could benefit from a new refinance program being launched by the U.S. government. Starting this summer, eligible borrowers will be able to refinance their mortgage at a reduced interest rate and lower monthly payment, saving an estimated $100 to $250 a month, according to the Federal Housing Finance Agency,

NerdWallet’s Home Seller Report reveals what buyers and sellers should know in today’s market. NerdWallet recently released its Home Seller Report. Though the number of homes for sale across the country remain at record lows it appears more sellers will be coming to market over the next 18 months. According to the report “1 in 6 (17%)

President Joe Biden addresses a joint session of Congress on April 28, 2021. Melina Mara | Reuters President Joe Biden has unveiled a plan for higher taxes on inherited homes to help fund the $1.8 trillion American Families Plan. The proposal would tax inherited property gains at death, targeting generational wealth transfers.  But financial experts

A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | California Pending home sales, a measure of signed contracts on existing homes, rose 1.9% in March compared with April, according to the National Association of Realtors. Forecasters had expected a 5% gain. Pending sales were

Kenny Kane is the Chief Operating Officer at Firmspace.  On the other side of the one-year anniversary of the pandemic, experts across industries have been taking stock of their losses and gains. For those of us in commercial real estate, this exercise almost feels premature. In every city in America, companies big and small are starting

In New York City, the streets have come to life. Every evening, hordes of diners flock to outdoor tables at the city’s restaurants, on Madison and Columbus Avenues uptown, on West Broadway in Tribeca, on Smith Street in North Brooklyn. Walking up any one of these avenues one hears laughter, conversation, music, and the clink