The pandemic shake-up to the traditional norms of why and where Americans move has been one of the biggest stories of 2020. Hundreds of real estate writers, myself included, have been pouring over the analytics all year, looking for patterns and offering projections on the next shoe to drop, where to buy, and whether “Zoom”
Real Estate
The turn-of-the-century townhouse, listed for $9.88 million, has been updated throughout the years … [+] but still holds a few ties to the early 1900s. Warburg Realty When this townhouse in New York City’s Lenox Hill area was built in 1901, the so-called Gibson Girl look set the standard for beauty, the electric vacuum cleaner
Innovative and effective lighting helps to make a home comfortable and functional Courtesy of Teknion Your physical environment plays a major role in your mood and mental well-being. Having a space that reduces anxiety is especially important as we continue to work from home as we approach the end of a turbulent 2020. Now, more than
Capital Square‘s SVP & head of acquisitions, overseeing acquisitions team, sourcing and acquiring multifamily, office and retail properties. getty Residential housing investments can produce positive rates of return. After all, people need places to live and depending on supply, demand and market cycles, apartments and single-family rentals are positioned as viable portfolio additions. Within the
We all have a lot of work to do; through it all, we should remember, as Leonard Bernstein told us … [+] many years ago, that New York is a wonderful town. Getty Images With the Presidential election decided, it’s time for New Yorkers to start thinking about a new Mayor. Since in New York
A house for sale in Sarasota, Florida Scott Mlyn | CNBC Thanksgiving week isn’t usually a popular time for homebuying, but most economic numbers this year are incomparable, especially in the pandemic-spiked housing market. Mortgage applications to purchase a home jumped 9% last week from the previous week, according to the Mortgage Bankers Association’s seasonally
Getty If the good news keeps flowing, vaccine rollouts should commence this month, a hugely positive development, but one that leaves some remote workers wondering when they’ll be called back into the office. Companies largely aren’t yet moving in that direction. Two studies published this week, one from VTS, a real estate software firm whose
Mortgage rates have been sitting near record lows since the start of the coronavirus pandemic, and while millions of Americans have already refinanced their home loans this year, very few of them have taken cash out in the process. Cash-out deals made up just 27% of all mortgage refinances in the third quarter of this
Eric is a real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty It’s undeniable that Covid-19 has had a massive impact on the world, not to mention thousands of industries. One of the most notable affected has been real estate, as people across the world struggle to
Kenny Kane is the Chief Operating Officer at Firmspace. getty As my family begins to plan our own modified holiday celebrations for winter, I’ve been thinking about how to make this holiday season special for my team, even as old modes of connection are limited. Professionals — especially those who work independently or run small real
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. getty As we reach the final quarter of the year, few real estate experts are likely looking back on 2020 and boasting about their accurate forecasting abilities. Last year at this time, no one could have predicted the trends
A person walks by a sign that reads, “restaurant for lease” outside a restaurant in Hell’s Kitchen … [+] (Photo by Noam Galai/Getty Images) Getty Images Over the past few weeks, we took a look at how the current Covid-19 pandemic is affecting the residential and CRE markets, and the tech that is being deployed within them to
The poker room at the Bellagio is one of the highest-rated in Las Vegas. MGM Resorts International Are you one of the many poker enthusiasts who dreamed of winning some of the $143 million in Nevada poker prize money awarded last year? It’s likely that the pandemic will drive those numbers down for 2020, but
UNIONDALE, NEW YORK – MAY 27: An aerial view of a construction worker roofing an apartment home on … [+] May 27, 2020 in Uniondale, New York. The residential housing project by Garden City developers Engel Burman will provide approximately 150 construction jobs, help address a dire housing shortage, and support the County by retaining
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Strong, pandemic-induced demand for housing is still there, but buyers may now be hitting an affordability wall. Pending home sales fell 1.1% month-to-month in October but were 20.2% higher compared with
At $7 million, Atherton, California’s 94027 remains the most expensive Zip code for the fourth … [+] consecutive year. Getty Images A market defined by intense demand for relatively tight supply has pushed home value growth to record levels across the country. To get an idea of where home prices have been resilient in the
Former Xbox executive Elan Lee, right, co-created the Kickstarter phenomenon Exploding Kittens with … [+] The Oatmeal’s Matthew Inman and Shane Small. getty Video and tabletop game designer Elan Lee is looking to roll the dice in Los Angeles, where his home in the historic Los Feliz neighborhood is on the market for $4.995 million.
Former basketball star Dwyane Wade and his wife, actress Gabrielle Union, are seeking $6.2 million … [+] for the 8,500-square-foot home in Sherman Oaks, Calif. Hilton & Hyland It takes big shoes to fill those of former NBA star Dwyane Wade and even bigger ones to fill his custom home in the San Fernando Valley.
New York apartment owners are open to generous concessions to renters getty Here’s The “2020 State of the American Renter Report” from Zumper.com, the largest privately held rental marketplace in the United States. This year’s report included Zumper’s 2020 Annual Renter Survey Results and 2020 US Rental Market Analysis. It’s no surprise that the country’s rental market
“On The Move” is an exploration of residential real estate sales in select luxury markets. In this weekly feature, we’ll sample three different locales to give you a sense of what a certain dollar amount buys in those areas. This week, our search through sold properties centers on three housing markets in California. This newly
Here’s your holiday gift guide for the home Unsplash Not sure what to get everyone on your list this year? You likely aren’t alone. After such a defining period, where most of us have ended up spending more time than ever at home, what could be more appreciated and useful right now than gifts for
As many as 35 million Americans are facing the possibility of eviction due to an inability to make housing payments on time. In some states, such as Mississippi, Florida, and West Virginia, the proportion of renters facing the possibility of eviction exceeded 50% earlier this year. If you’re among the millions of Americans caught in the late
Influencer Jenny Reimold’s beautiful holiday display Matt Harrington for HomeGoods The holiday season is here and due to the shutdowns, many people have started decorating early. After all, the pandemic has had an overarching influence on every design trend this year from home offices to DIY and renovation. Decorating for the holidays is no different.
Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
A golden labrador retriever lays on the floor in front of a clean chalkboard with two young kittens … [+] in a basket. getty The emotional support pet has never been more popular than during the coronavirus pandemic. As COVID-19 cases continue to surge across the country and America faces another round of stay-at-home orders,
Pet adoption and foster rates have soared during the pandemic. But for those living in dense urban … [+] areas, finding pet-friendly accommodations isn’t always easy. getty More dogs and cats are finding homes during the coronavirus pandemic, as many people have turned to furry friends to fill the emotional void while they social distance
It took all of about five weeks for “Dancing With the Stars” contestant Jesse Metcalfe to land a … [+] buyer for his home in the Hollywood Hills. Hilton & Hyland After cutting a rug as a contestant on “Dancing With the Stars,” actor Jesse Metcalfe has cut himself a deal in the housing market,
Monitor’s Rest is a ski-in/ski-out home on Park City Mountain. The Iluminus Group Nestled among mature forests on Park City Mountain in Utah is a ski-in/ski-out home unlike any you’ve ever seen. Listed by Engel & Völkers for $38 million, Monitor’s Rest is a stunning compound nestled into the mountainside at the base of Monitor
With a move back to Texas on his mind, comedian Ron White of “Blue Collar Comedy” fame has listed … [+] his home in the Beverly Hills Post Office area for $7 million. Daniel Dahler Photography | Hilton & Hyland Stand-up comedian Ron White, who gained fame in the 2000s as a member of the
Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage application volume to increase 3.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications led the way, climbing 5% for the week to the
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