Real Estate

As the country went under lockdown, Americans were on the move. Over the last year, 1 in 20 adults moved from where they were living either permanently or temporarily due to the coronavirus outbreak, according to a recent report by the Pew Research Center. Most cited financial reasons for relocating, followed by a job loss

Mortgage rates notched their biggest increase in almost a year this week. Will they keep rising? getty Mortgage rates made a notable jump this week, hitting their highest point since last July.  According to the Mortgage Bankers Association, the average rate on 30-year mortgage loans is now 3.23%—up from 3.08% the week prior and the

Las Vegas Sands is selling Las Vegas. The price tag: $6.25 billion. Vici Properties said it will pay $4 billion for the real estate — comprising the Venetian, Palazzo and the Sands Expo Convention Center. Apollo Global Management will buy the operations for $2.25 billion, roughly half financed by Sands. The sale comes as Las

The Midtown Manhattan skyline creates a backdrop for historic buildings along 59th Street. getty The number of new listings for residential properties in Manhattan saw its first year-over-year increase for 2021 in February, while the number of contracts signed fell slightly but remained well above the figures from the same period last year. From February

tupungato | iStock | Getty Images Between the federal stimulus package passed in December and the one making its way through Congress, there could soon be more than $45 billion in financial assistance available to those who’ve fallen behind on their rent. All states have already been allocated funds from a $25 billion pot of

In recent years, we’ve witnessed a new generation taking over as property seekers and investors as older investors retire. For real estate professionals, adjusting to the generational changes and new demographics is an absolute necessity. In between each generation, how they consider the market and the metrics, and what they keep an eye on, may

Dan Gilbert, chairman, Quicken Loans Anjali Sundaram | CNBC Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 per share. According to InsiderScore.com and

An abstract painting depicting a scene from “Rocky” sits above the bar in the Beverly Hills-area … [+] home of actor Sylvester Stallone. Hilton & Hyland | Berlyn Photography 2021 Sylvester Stallone may be best known for playing fictional Philadelphian Rocky Balboa on the big screen, but when it comes to offscreen living, the box-office

This kitchen reflects three of the top seven tile trends — oversized, stone look and blue hues! Techlam, Levantina – Tile of Spain If you’re planning a kitchen or bath remodel, you probably have a budget for tile. If you’re planning an outdoor living space, you may have one too, as pavers are growing in

Rows of houses in Las Vegas. Jacob Kepler | Bloomberg | Getty Images Doma, a firm that looks to disrupt the real estate title insurance market, has agreed to combine with Capitol Investment Corp. V, a publicly traded special purpose acquisition company. Doma, formerly known as States Title, has a less than 1% share of

The blufftop compound on the Big Island of Hawai’i is called Water Falling Estate for the two … [+] cascading waterfalls that reside on the property. Hawai’i Life Prized properties generally command a premium, but not all luxury real estate is the same. In this week’s look at the global housing market, I took a

Existing home sales last year reached their highest levels since 2006. However, increasing numbers of climate disasters across the country have sparked concern about how safe homes are. Potential buyers rarely wonder “what the flood plain is here, or do they look around and see this beautiful forest and say, ‘Oh, my God, it’s going

Robert Reffkin speaks at a conference in New York City in 2019. (Photo by Brad Barket/Getty Images for Fast Company) Getty Images for Fast Company Compass, the real estate brokerage with more than 19,000 agents on its platform, filed its IPO prospectus with the Securities & Exchange Commission on Monday. The filing showed significant growth

KB Home, the Well-Living Lab, and Delos feature a “MindBreak” microenvironment in a new concept home … [+] showcasing pioneering health technologies in Phoenix. Image provided by KB Home To no one’s dismay, safer, healthier living through science has taken a firmer hold on Americans’ still widely-burning dream of homeownership. One homebuilder’s marketing website features

CEO at Caspar.AI; MIT TR35; Co-founder Katapult; Sloan Fellow; Microsoft Fellow; Stanford CS PhD; SF Business Times 40 under 40. getty There’s currently an alarming intersection of two demographic trends that real estate investors and developers should take note of as they will directly impact senior housing developments: Trend No. 1: People are living longer in

Even with federal aid, eviction filings are expected to rise. getty Millions of Americans who lost their jobs during the pandemic have fallen thousands of dollars behind on rent and utility bills. In one of President Joe Biden’s first official acts after his inauguration, he extended the federal ban on evictions through March. While eviction

Is your living room this perfect? NativeHouse Photography/Lisa Gilmore Design When decorating your living room, it can be a challenge to get everything just right. After all, designing a space is really about balancing creativity and practicality, especially when there are so many choices. The problem is that it’s so easy to make the wrong

Signature Kitchen Suites’ convertible refrigerator drawers showed up on multiple favorite KBIS new … [+] release lists. Signature Kitchen Suites The annual Kitchen & Bath Industry Show, the largest event for these two important home spaces, took place entirely online for the first time ever. That was not without its issues; while the educational sessions got

Decorating your first apartment? Here’s everything you need to know. Sidekix Media on Unsplash Buying furniture for a first apartment or home can feel stressful because it involves a great amount of decision-making. It’s also a challenge because there are so many major purchases to make, often with a budget in mind. And while it’s

Mortgage rates sign on the home and charts. getty Two negative impacts hit homebuyers last week: interest rates and winter weather. Mortgage interest rates have been on a slow but steady increase ever since the beginning of the year, but last week they jumped up to 2.97%, a full 15 basis points higher than the

A rooftop terrace at the Waterfront development in Daniel Island takes in a view of the nearby Wando … [+] River Bridge. East West Real Estate Although the first body of water that may come to mind when one thinks about Charleston, South Carolina, is the exalted Atlantic, the coastal city is equally defined by

An insurance policy might pay for fire damage, but it’s not so simple if the property is under … [+] contract. RANJAN SAMARAKONE Commercial real estate documents need to deal with all kinds of hypothetical eventualities, so that if some possible risk actually hits, the parties know what will happen. In a perfect commercial real

Nurses display a ‘Stay Home’ sign on their vehicle during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Mario Tama | Getty Images A federal judge in Texas ruled on Thursday evening that the national

By Guelda Voien Alden Global Capital has deployed millions since the start of the pandemic, including an offer last week to buy newspaper publisher Tribune Publishing — but the hedge fund manager has also allegedly been stiffing the landlord at its Manhattan headquarters on rent payments since last April, according to a complaint filed yesterday. Looking up

Matt Avital is the Principal & Founder of Ascenda Capital, located in Los Angeles, CA.  getty Build-to-rent (BTR) is a relatively new asset class that has been quietly gaining traction among both boutique and institutional investors. This exciting new asset class is exactly what it sounds like: a community of high-quality detached single-family rental properties rife

Kitchen remodels are a popular and expensive home improvement project. getty Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that moment when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you

CALVERTON, N.Y. – The homebuilding industry is on the edge of a revolution. At least that’s the way Kirk Andersen sees it. He just used 3D-printing technology to build a 900-square-foot model home on Long Island. He is about to build another one, too – the first 3D-printed home in the United States to be

Rising rates have spurred home buyers to pull back from the mortgage market. ASSOCIATED PRESS Home shoppers who are planning to apply for a mortgage might want to hurry before the window closes on a good deal heading into the spring home buying season. Although they remain low, mortgage rates have begun to increase and

CEO of Snappt and President of Berlind Properties. Getty We all collectively scratched our heads and asked “what just happened?” in 2020. Now in 2021, we’re looking ahead and trying to make predictions for the year. While we are still living in unpredictable times, there are a few things that we can be confident will come to

A ‘Sold’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images The early days of Guadalupe Mora’s search for a new home were exhausting. A health-care technician at a Department of Veterans Affairs hospital, Mora slowly saved up more than $15,000 to move out of her two-bedroom mobile