Real Estate

Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Two straight weeks of new record low mortgage rates brought consumers back to their lenders, but rates may now be reversing course. Mortgage application volume rose a significant 6.8% last week compared with

This Days Inn property in Branson, MO was converted into affordable housing. The Repvblik Housing is in high demand in most markets across the US, but supply is hard to come by. Unless, of course, there is a pandemic that completely changes the real estate game, leaving once very active properties now vacant. Developers and

2020 has been a challenging year for everyone, but especially for those who found themselves sheltering in place in a too-tiny home, or stuck in a city that completely shut down due to COVID-19. In major cities, I’ve seen a huge uptick in people retreating to their more spacious suburban homes, which were usually reserved

Alaina Lattin and her family Alaina Lattin was served an eviction notice last month at her home in Conroe, Texas. “It was a very loud banging,” Lattin, 32, said. “They just kept screaming, ‘Leasing office! Leasing office!'” Now, the single mother is worried that she and her four children will become homeless.  Lattin is one

Adobe CEO Shantanu Narayen told CNBC on Tuesday that he believes there are inherent benefits to being in an office that widespread remote work, which became a necessity during the coronavirus pandemic, cannot necessarily provide.  “Projects which are well underway, we’ve seen tremendous momentum continue, but when you’re trying to create a new project, you

Inquiries to contractors for deck, patio and porch improvements nearly tripled this Spring over … [+] 2019. Photo Courtesy of Deckorators; deckorators.com // Wellness by Design (Tiller Press), (c) J. Gold It may seem counterintuitive that interest and activity in home projects is soaring when millions of Americans have lost their jobs, are waiting in

Ben Harris is the President of Westview Land and Harris Investments, LLC. getty Economic downturns are typically not helpful for real estate values, and land is certainly not immune to the effects. However, the economic contraction we are currently experiencing is different. Demand for land is stronger than I have seen it in the 10 years that

The Chinese government’s efforts to tamp down speculation in property markets will mean that funds will flow to equities instead, allowing for more upside in onshore equities, an economist said on Tuesday. “We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management. Although

A cyclist passes a public housing building in the Red Hook neighborhood of Brooklyn, New York. © 2019 Bloomberg Finance LP The Department of Housing and Urban Development announced today that it will provide a new round of emergency relief funding for eligible low-income families and individuals living in public housing. The $472 million in

A banner against renters eviction reading no job, no rent is displayed on a controlled rent building in Washington, DC on August 9, 2020. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT/AFP via Getty Images) ERIC BARADAT | AFP | Getty Images The executive action President Donald Trump took on Saturday doesn’t give

This is the Louisiana State Museum and Sports Hall of Fame: Facade designed by Trahan Architects. Photo courtesy of Timothy Hursley © I had the opportunity to interview Trey Trahan, the founder of Trahan Architects in New Orleans and New York. His firm was recently ranked #1 Design Firm in the U.S. by ARCHITECT Magazine, the

New Hampshire’s governor said New Yorkers are pouring into the state due to high taxes and fear for their safety amid the Covid-19 crisis. “We’re booming,” New Hampshire Gov. Chris Sununu told CNBC. “People are coming from all across the country, especially in the Northeast. You’re in New York, you have a mayor who doesn’t

People stand along Victoria Harbour in the Tsim Sha Tsui district as Bank of China Tower, center left, and other buildings on Hong Kong island stand in Hong Kong, China. Justin Chin | Bloomberg | Getty Images Working from home has become the norm during the coronavirus pandemic, and Morgan Stanley predicts that office tenants

Montage Healdsburg will feature 130 bungalow-style guest rooms, as well as private luxury residences … [+] on 258 acres including 14 acres of planted vineyards. Currently under construction, it is scheduled to open in November. Courtesy of Montage Healdsburg Montage Hotels & Resorts, the luxury hotel and resort management company, is opening a new resort

Despite the global pandemic, Dubai has seen “impressive levels” of real estate transactions over the past few months, the chief commercial officer of a United Arab Emirates-based property developer said last week. Aqil Kazim of Nakheel’s comments come even as real estate transactions in the second quarter of 2020 plummeted 38.8% compared to the same

Downtown Greenville, South Carolina getty I’ll state right away that I still see promise in certain big-city real estate investment trusts (REITs). So this is not a hit against that entire focus. You may have seen the recent news that Facebook (Nasdaq: FB) signed a massive lease with Vornado Realty Trust (VNO). And that’s in

Mortgage interest rates have dropped even lower getty As the weeks go by, the rates get lower. A few weeks ago mortgage interest rates dipped below the 3% barrier—which was a line in the sand many industry experts doubted would ever be crossed. Now, according to Freddie Mac’s latest weekly report, mortgage interest rates reached

Tenants and housing activists in Brooklyn, New York, protested in a Bushwick park on July 5. Erik McGregor | Getty Images Negotiations over the next coronavirus stimulus package on Capitol Hill ended the week in a stalemate. But there’s one form of help lawmakers reportedly agree on: a second set of stimulus checks. This week’s

The real estate billionaire Rick Caruso, pictured in 2013. (Photo by Gary Friedman/Los Angeles Times … [+] via Getty Images) Los Angeles Times via Getty Images In mid-March, real estate billionaire Rick Caruso and his team conducted war games to see how the coronavirus might impact his collection of ultra-luxury shopping centers in Southern California.

Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. getty As a property manager, it’s crucial that the curb appeal of your properties is at its best. For a prospective tenant, there is almost nothing worse than arriving at a property that is overrun with weeds and

Thirty showings in 3 days on this Sherman Oaks, California property, The Agency Multiple offers and bidding wars return to California’s luxury market. Despite a severe economic downturn in many sectors, California’s luxury real estate market is on a high. Listen to Valery Neuman, founding partner of Compass Greater Palm Springs. “In 29 years selling full-time

Cushman & Wakefield CEO Brett White told CNBC on Friday that he believes the size of the remote workforce may double as a result of the coronavirus pandemic. But, he added, the vast majority will ultimately return to the office.  “If right now roughly 4.5%, 5% of the workforce is permanently at home … pre-Covid,

Eric Eremita is bringing his New York attitude home. Eric Eremita Eric Eremtia is best known from several HGTV shows including Love It Or List It and Brother Vs Brother, as the stereotypical New York contractor you wouldn’t want to fight with, especially when he has power tools in his hands. But, Eremita recently made headlines for being

A pool under construction in Washington, DC. Pat Pugliese | CNBC There is a lot of activity in Justin Sullivan’s backyard, as workers hammer out his new deck, and jackhammers pound through the basement. Concrete for the new pool has already been poured. The Sullivans had planned a renovation before the pandemic hit, but then

Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images The U.S. real estate market is beginning to show signs of a “great reshuffling,” as people relocate to homes with more privacy and space to ease working from home, Zillow CEO Rich Barton said on the company’s Q2 2020

The federal government’s stopgap measures in the CARES Act helped buoy the economy. But with key … [+] policies now expired, the housing market is to see a turn for the worse, says EasyKnock founder Jarred Kessler. getty Despite early predictions of an impending doom, the housing market has so far eschewed the dampener that

Co-Founder and Managing Partner of Disrupt Equity. Learn more about investment opportunities by visiting our website. getty “Buy land; they’re not making any more of it.” This famous quote attributed to Mark Twain evinces a very simple yet profound idea regarding real estate investing. Since time immemorial, land has been an irreplaceable asset. Land cannot be

Manhattan’s West Side is becoming a destination for Big Tech. Facebook recently inked a deal to lease 730,000 square feet of office space in the Farley Building in midtown Manhattan. Bill Rudin, CEO and co-chairman of Rudin Management Company and chairman of the Real Estate Board of New York, joins “Squawk Box” to discuss the

FHFA, which oversees the two mortgage-buying enterprises Freddie Mac and Fannie Mae, is now … [+] mandating that multifamily property owners with government-backed loans in forbearance inform renters about the eviction protections the policy extends to them. getty After Congress let the CARES Act eviction moratorium lapse late last month, the Federal Housing Finance Agency

Ahead of his firm’s NYSE debut Thursday, Dan Gilbert told CNBC that Rocket Companies may make acquisitions to further leverage its mortgage-lending technology.  “We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold,” said Gilbert, chairman of Rocket Companies, which he founded in 1985.  Rocket Companies