Real Estate

Even without theater, concerts, sporting events, the unquenchable spirit at the heart of New York … [+] City beats on, not by this pandemic or any other crisis to be extinguished. getty Jerry Seinfeld will never leave New York, as he has publicly announced. Nor will Leonard Lauder. Many of those who did leave now,

Customers viewing electric vehicles at a Xpeng Motors store on Oct. 6, 2020 in Beijing, China. Visual China Group | Getty Images BEIJING — Chinese electric carmakers are splashing out on prime retail space and taking up storefronts at shopping malls — a new trend that offers relief for China’s commercial property developers who are

Markets are roiling thanks to Covid-19, with no sign of the turbulence halting in 2021. If you own an office building, coworking space or hotel chain—well, best of luck. But if you’re trying to sell your home, now may be the best of times. To take stock of these messy times, Forbes spoke with Eric

Republican Sens. Kelly Loeffler and David Perdue, facing tight runoff elections Tuesday in Georgia, have received a late surge of donations from the real estate and financial industries. Their Democratic challengers, Raphael Warnock and Jon Ossoff, respectively, have otherwise enjoyed a fundraising edge in the races, which will determine whether Democrats or the GOP will

Homes in Memphis, Tennessee. Getty Images Home prices are rising across the nation, but the Covid pandemic is turning the usual geographical trends on their heads. Home values have historically risen most sharply in large cities on the coasts, where supply is leaner and demand is stronger. That is no longer the case. Smaller metropolitan

Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm.  getty You’ve decided to be your own boss and start your own business as a commercial real estate broker. You’ve taken and passed your license exam. Now you need to pick a company. What should you look for?

Just some of the trends we will see this year. Elizabeth Shrier/Society Social X Ariel Okin 2020 was an important year for design because we all spent so much time at home due to the pandemic. The importance of our living spaces increased exponentially as our homes became our offices, classrooms, and gyms. The result

The real estate market is constantly fluctuating, especially during these uncertain economic times. If industry professionals hope to sell new properties or spaces in up-and-coming neighborhoods, they need foolproof ways of attracting potential buyers. The first step in attracting prospective buyers is making a strong and engaging first impression. That’s why we asked 14 members

A view of the Manhattan skyline and Central Park. getty At the start of 2020, New York City’s housing market appeared on track for a big year. The first quarter saw an active buyer pool and sellers that were responding accordingly. Then the COVID-19 pandemic turned life on its head. In the early months of the coronavirus

When COVID-19 closures first began back in March, residents of major cities like New York, San Francisco, Chicago, and Boston started heading out of town—some temporarily, some permanently. Rental buildings in New York City went from fully occupied and commanding top dollar to 50 percent vacancy, practically overnight. Many city-dwellers found themselves for the first

Wide-angle aerial view over the Ed Koch Queensboro Bridge and Midtown Manhattan, looking west getty In a borough as vibrant and busy as Manhattan, it can be hard to imagine finding a home that has access to all of the city’s excitement while also possessing the look and feel of a residential neighborhood—but those living

Now is the time to refinance getty Real estate dominated the headlines this year with foreclosure moratoriums, forbearance programs and the seemingly endless decrease of mortgage interest rates. Now, on the last day of the year, the latest report from Freddie Mac shows mortgage interest rates increased just barely to 2.67%, only one basis point

Vineyard Haven, MA. tops LendingTree’s list of Most Expensive Small Towns getty Here are the most expensive small towns with the big city housing prices according to LendingTree. The lure of small-town living has never been greater as we saw with the recent migration from city to suburbs and beyond.  LendingTree recently analyzed the 50

For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million homes were sold and the average home price was up 5 percent. There were record low mortgage rates of course, but there’s also the fact is that

Sacramento ranks number one on realtor.com’s 2021 top markets list getty Here’s a look at realtor.com’s top markets for 2021. According to realtor.com report tech hubs and state capitals will lead the pack for home price appreciation and sales growth. This year’s top ten out of 100 markets include in order: Sacramento, San Jose, Charlotte,

The contemporary villa-style home, listed for about $3.93 million, takes in golf course and sea … [+] views from a hillside perch in Dénia, an all-season coastal community in Valencia, Spain. Immobiliaria Rimontgo If a perch where the Mediterranean stretches along the horizon is on your scorecard, cast your eyes toward this contemporary villa set

Amit Haller is the Co-Founder & CEO of Reali, a high-tech, high-touch real estate company founded in 2016.  getty Before the pandemic, what defined the modern era more than digital transformation? The thinking goes that as more of life goes online, the more people and businesses benefit. But for one of the world’s biggest asset class

If Los Angeles’ housing market has shown us anything this year, it’s that luxury real estate is on track for big things in 2021. In the Flats section of Beverly Hills, a sprawling estate with a mansion and a private train park has sold for $31.4 million — one of the priciest transactions in the

Designed for French-British politician Sir James Goldsmith, the bright-yello home overlooks the … [+] Costa Careyes enclave between Puerto Vallarta and Manazanillo. Hilton & Hyland Imagine having a front seat on the sunrise—every day. Set above the ocean like a sunlit citadel, Sol De Oriente combines privacy and resort living in the Mexican state of

Color authority Pantone names two Colors of the Year for 2021: Illuminating yellow and Ultimate … [+] Grey. getty Every winter, the world’s design authorities share their color choices for the upcoming year. One of the top firms in this space, Pantone, is naming two for 2021: A vivid yellow called Illuminating (13-0647) and Ultimate

Julie Faupel, REALM founder and CEO Courtesy of REALM REALM™ the first collaborative global real estate collective launched during the Pandemic delivers $5.4 Billion in inventory in nine months. When I wrote about REALM’s launch last April the pandemic was hitting the country hard. Julie Faupel, REALM founder and CEO and owner of Jackson Hole Real

President & Co-Founder of Ellicott Realty Group, overseeing the company’s portfolio: Ellicott Realty, Ellicott Financial, & MacKenzie Hall. getty Early in the pandemic, many of my clients who lived in the city asked for my thoughts about their condominiums — specifically, their future value and the next move. At the time, I noticed two things that

Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. getty On ballots across the country, citizens were voting on more than just which politicians to elect. This election season, many municipalities were deciding whether to improve or expand their public transportation offerings. This may

Most-loved home gifts you can give yourself after the holiday. getty Did you receive a wellness-inspired Christmas, Kwanzaa or Hanukkah gift this year? According to Amazon’s most-loved home product selections this week, many of you did. For those who didn’t get health-enhancing gifts for your home, here are five of the popular site’s page one

Founder and CEO of American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the United States. getty As Covid-19 reshapes the nation’s real estate landscape, some multifamily investors are turning to the Sun Belt markets for safe harbor and predictable returns. Migration patterns, employment growth and an appealing product mix are creating new investment opportunities

With Covid cases on the rise around the country, caring for an infected family member at home may … [+] become a reality for many households. getty Covid cases are surging across the country, with many hospitals approaching maximum ICU capacity. Even as new vaccines are rolled out, public health professionals are stressing the need

Brad Steinberg relaxes in front of a wall of dryers in one of his company’s SpinCycle Laundry Lounge … [+] laundromats. PWS, Inc. Coin laundries have long been one of the few recession-proof businesses. After all, we all need to do laundry. There’s debate as to whether the recession-proof nature applies even during a pandemic.

A rental recovery, a busy second-home market and virtual everything are among the predictions for … [+] 2021. getty There’s no doubt that 2020 was a wild year for real estate. From the Covid-19 pause that stopped showings and sales entirely, to the slow recovery and crashing rental market in condo-saturated Manhattan, to hot markets

A new type of visual marketing helps brokers sell high-end homes. Narr8 Media The video’s opening sets viewers up for an irresistible and emotional ride as Michael Jordan glides across a basketball court against a backdrop of cheering fans. On camera, an award-winning reporter delivers his intro: “The 23 on the front of the gate

Old brownstone buildings along a quiet neighborhood street in Greenwich Village, New York City. getty If you thought you missed your chance to land a bargain in New York City’s housing market, you may be in luck. The average asking price for condos, co-ops and townhouses across Manhattan have dropped by nearly 10% this year,