Real Estate

Handmade signs litter the ground after an anti-eviction protest outside a Mount Rainier, Maryland, apartment complex on Aug. 10, 2020. Leah Millis | Reuters Second stimulus checks are in the works for millions of Americans. Now, Congress and President Donald Trump must agree: Should those payments be $600 or $2,000 per person? The latest coronavirus

The strange adventure of Dajia and Mirae involved a portfolio of 15 high-end hotels. RANJAN SAMARAKONE A Chinese company called Dajia agreed to sell 15 high-end American hotels to a Korean investment fund called Mirae for almost $6 billion. The contract deposit alone was half a billion dollars, under a contract signed a few months

The TransAmercia building at the end of an empty Columbus Street in San Francisco, California, U.S., on Monday, Dec. 7, 2020. David Paul Morris | Bloomberg | Getty Images If you believe what you read, San Francisco is dying. Over the last few months, there has been a steady stream of investors, executives and companies

The Home Edit makes an Easy Gingerbread Brownie with Eggnog Frosting in their signature rainbow … [+] design. McCormick 2020 was an incredible year for Clea Shearer and Joanna Teplin who are best known as the professional organizing duo, The Home Edit. Netflix debuted their show, Get Organized With The Home Edit to much fanfare, and their second book, The Home Edit

A real estate agent readies a house for viewing in Venice, Calif. Anne Cusack | Los Angeles Times | Getty Images What was expected to be a mundane year in the mortgage market was anything but: A sharp downturn in demand for housing at the start of the pandemic took a hairpin turn and just

Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well. Shares of the biggest names, such as Lennar, Pulte, DR Horton and Toll Brothers, dropped more than 2% on the news. New home sales fell a steeper-than-expected 11% in November from October, according to

With forbearance, borrowers hit pause on their monthly loan payments. Getty The Department of Housing and Urban Development recently announced that the Federal Housing Administration is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021.  The moratorium is for single-family home borrowers with FHA-insured mortgages to

The CEO had to make the staff furlough decisions, the downsizing in footprint, the marketing … [+] workarounds as soon as the seriousness of the problem came into focus. getty In 2020, leadership really mattered. Economically and medically, leadership really mattered. At the national level, where we lacked it, at the New York state level,

MIAMI — Move over, Texas. The Lone Star state has grabbed headlines as tech companies like Oracle, Hewlett-Packard Enterprise and billionaire Elon Musk are planning to move major operations from California for its greener pastures and — lower taxes.  But now, Miami is becoming a magnet for companies trying to escape from high taxes and

Blokable at Phoenix Rising in Auburn, Wash. NOAH@NOAHFORBES.COM We tend to treasure a gift most when it comes in a little package. Take Blokable at Phoenix Rising, the project name given to a new, tiny Seattle-area apartment complex, for instance. Soon home to 12 households whose residents may take home less than a third of

There’s higher ground and then there’s higher ground. A Beverly Hills residence where singer-songwriter Stevie Wonder lived has sold for $10.525 million. The single-story home in Beverly Hills’ Trousdale neighborhood was leased by Stevie Wonder from … [+] 2011-2015. Hilton & Hyland ADVERTISEMENT The soul and gospel icon leased the single-story home on Clinton Place

Harwood Court in Scarsdale, Westchester County, New York. In Scarsdale, the median household income … [+] runs in excess of $250,000 and the mean household income is $462,556. getty The demographics of the United States are always changing. And as demographics change, so do patterns of wealth. Regions that were once home to the richest

A house for sale on December 17, 2020 in Scituate, Massachusetts. Matt Stone | MediaNews Group | Getty Images After five consecutive months of gains, closed sales of existing homes turned lower in November. They fell 2.5% on a month-to-month basis to a seasonally adjusted annualized rate of 6.69 million units, according to the National

Eric Wu, cofounder and CEO of Opendoor, pictured at a conference in 2018. (Photo by David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP The SPAC boom—a money faucet for Wall Street, and a big potential hazard for retail investors—has minted another winner on the inside of a deal.  Eric Wu, cofounder and CEO of Opendoor,

From choice interpretations of red carpet gowns to a new sustainable clothing line, Allen Schwartz and his ABS label have for years left an indelible mark on the fashion world. Now, the designer is ready to leave his mark on the Los Angeles housing market, where his longtime home in Brentwood is for sale at

The $900 billion economic relief plan in Congress carves out a slice for renters and landlords, but some economists and industry experts claim it is not even close to enough. The eviction crisis still looms large, as renters owe billions in back rent, and landlords are struggling to make their own payments on the homes

Trinity Church, the epitome of Richardsonian Romanesque architecture, anchors one end of Boston’s … [+] Copley Square. getty 25 Cottage Street in Brookline, Massachusetts, was home to one of the most influential and legendary architects in American history, Henry Hobson Richardson (1838-1886.) Along with Louis Sullivan and Frank Lloyd Wright, Richardson is one of “the recognized trinity of

No-Mad | iStock | Getty Images A bipartisan coronavirus aid deal that lawmakers struck on Sunday will extend the national eviction moratorium through January and establish a rental assistance fund of $25 billion. The relief comes as the Centers for Disease Control and Prevention’s eviction moratorium was set to expire at the end of the

Property managers are tasked with taking care of a particular real estate holding’s needs, but these holdings differ by classification. Luxury properties tend to need more care and attention than standard residential properties. As a result, the property managers of these types of real estate need to display a different set of skills altogether. As

A new passive house development in Brooklyn. Travis Mark As New Yorkers continue to grapple with the COVID-19 pandemic, now in its second wave, and with the threat of climate change looming, “passive house” developers in the country’s densest city see their building philosophy as a response to these ongoing challenges — and hope this

One construction worker using a staircase in the scaffolding of TSX Broadway on October 29, 2020 (AP … [+] Photo/Mary Altaffer) ASSOCIATED PRESS Although many tourists are not coming to New York during the COVID-19 pandemic, foreigners still have their sights set on Broadway. According to a recent court filing, the real estate developers planning

There is considerable evidence that all residents benefit from diverse, inclusive communities. getty In an effort to reverse the Trump administration’s legacy on weakening enforcement of fair housing laws, the National Fair Housing Alliance (NFHA) has released a detailed policy roadmap for the incoming Biden-Harris administration and the 117th Congress to ensure communities of color can bounce back in

Getty When Brian Murphy, CEO of flexible office space Breather, threw in the towel on his startup’s business model this week, he left no doubt that 2020 has been a defining year for the entire industry.  “The decision I’ve made is that Breather in its current form as an operator doesn’t make sense and, to

Crossprairie will be a master-planned community in Osceola County, consisting of 5,000 homes and … [+] more than two million square feet of commercial space. BTI Partners With young families and professionals increasingly priced out of the Orlando residential market, there’s a place not far away poised for exponential growth. That setting is Osceola County,

Some communities serve as the ideal places to spend evenings stargazing with family and friends. getty This holiday season, there’s something to look forward to seeing in the sky aside from a red-nosed reindeer pulling a sleigh. On December 21, Jupiter and Saturn will form a rare alignment creating what looks like a double planet.

Truckee’s Donner Lake under the snow in winter. getty Embedded in the heart of Truckee, Calif., is a laid-back, ski resort town. But with a recent surge of new residents seeking a more placid lifestyle, the mountain community has grown a quiet sophistication, with newly-opened restaurants, a budding art scene and boutique shopping — all

Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the

The town of La Jolla within the city of San Diego, California, sitting on rocky cliffs along the … [+] Pacific Ocean. getty Since the early onset of the coronavirus pandemic, homebuyers have moved fast and furiously through the limited inventory available in California’s most desirable pockets. The La Jolla real estate market was among

Tony “The Closer” Robinson wants to make his Rona Proof real estate program accessible and … [+] inclusive. Courtesy of Tony “The Closer” Robinson America’s unemployment rate surged from 6.3 million in February to 20.2 million in May, a number that continues to rise as the pandemic’s effect on the economy lingers.   Tony “The Closer”

It is a lot harder to find an inexpensive home to buy and flip in today’s ultra-competitive housing market, but those who can will make a hefty profit. While home-flipping activity overall dropped in the third quarter of this year, gross returns for flippers soared to the highest level in 20 years, according to a