A Landon Homes LP “Sold” sign is displayed at the Lexington Country development in Frisco, … [+] Texas, U.S. Photographer: Laura Buckman/Bloomberg © 2018 Bloomberg Finance LP Despite the double-whammy of an oil price collapse and a global economic shutdown, the housing market in Texas is hotter than a stolen tamale. New home permitting activity
Real Estate
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters Home prices in the Hamptons hit new records as wealthy New Yorkers fled the Covid-19 troubles of the city for the beach, according to a new report. The median price of a single-family home in the Hamptons reached $1.1 million in
Despite the coroanvirus pandemic, home sales are up. If you were thinking of taking advantage of low mortgage rates yourself, first make sure you know what you can afford. “When we first decide to purchase a home, we get really excited about that ideal home,” said Winnie Sun, co-founder and managing director of Irvine, California-based Sun Group
Build Me Up premiers on HGTV on July 22nd at 9:00 pm. HGTV Build Me Up on HGTV is the home renovation show the world needs right now. Featuring interior designer Orlando Soria of Unspouse My House and Secrets From A Stylist, every episode shares the story and home renovation of someone going through a major life transition. Soria
Elizabeth Sutton in front of her one of her paintings. Elizabeth Sutton In just four years, Elizabeth Sutton has seemingly come out of nowhere to become an incredibly successful artist, designer, entrepreneur, and podcaster. Combining whimsy, lots of color and a big dose of humor into her work, it still remains sophisticated. Raised in a
Getty Images Google on Wednesday updated its search engine with new tools for people shopping for mortgages, including a calculator, recent average mortgage rates and key terms homebuyers may need to know during the mortgage shopping process. Google teamed up with the Consumer Financial Protection Bureau to launch the new tools because it found that
This Compayne Gardens home in South Hampstead was rented by Mark Carney while he was the Bank of … [+] England’s governor Aston Chase The London home Mark Carney rented while serving as the Bank of England’s governor has hit the market for $6.9 million. Carney and his family moved into the 8-bedroom South Hampstead
A realtor, at right, shows prospective buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images Sales of existing homes jumped nearly 21% in June compared with May, according to the National Association of Realtors. It was the largest monthly gain since the Realtors began tracking the data in 1968 and
Property technology like that offered by Logical Buildings’ SmartKit AI, is helping ease some of the … [+] pressures being faced by multifamily building property managers during the pandemic era. logical Buildings For generations in American big cities, folks lived a lot of their typical workday out of the home. Average days might find an
Shelly Chapman | Moment | Getty Images Things have been tough for many Americans during the coronavirus pandemic, and it’s about to get worse, personal finance expert Suze Orman warns. The virus is continuing to spread across the country, with nearly 3.8 million cases and more than 140,000 deaths now being reported. At the same
COVID-19 is making people take a hard look at their investment strategies, estate planning, insurance and their real estate. Market volatility has given rise to “experts” who are coming out of the woodwork with spam emails and ads that offer assistance with stocks or investment opportunities in hard assets like gold coins. Bad decisions are
Kevin O’Leary told CNBC on Tuesday the U.S. government should not establish more relief programs for businesses impacted by the coronavirus and instead allow market forces decide which companies survive. “As a result of the pandemic and people’s changes in purchase behavior, there is a new America emerging and the only way to feel that out
Anasazi dwellings across the corners of Arizona, Utah, Colorado and New Mexico kept these first … [+] millennium Southwestern inhabitants in close touch with their natural surroundings. (Photo by Katie Falkenberg/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Humans lived for millions of years in natural environments, taking or creating rough
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Back in February, just before the coronavirus hit the U.S. economy with a vengeance, rent growth for single-family homes had hit its highest pace in four years. Barely three months later, that growth plummeted to a decade low. Single-family rents grew just
Finding great REITs can be a daunting task, especially during a pandemic like the one we’re living in right now. Lost in the uncertainty, few investors recognize that now is actually the time to act. It’s time to take advantage of mispricing opportunities in order to build a portfolio of “everlasting gobstopper” income. In order
Rob Daly | OJO Images | Getty Images Households aren’t too happy with the U.S. consumer financial ecosystem these days, a report suggests. Complaints made to the federal Consumer Financial Protection Bureau were up 50% from March through June this year compared with the same time period in 2019, according to research from consumer advocacy
null Getty With Covid-19 hitting large cities the hardest, people have started looking to the suburbs. Headlines like “Coronavirus Escape: To the Suburbs” in the New York Times, “Coronavirus: Americans flee cities for the suburbs” in USA Today, “Will the Coronavirus Make the Suburbs Popular Again?” in Architectural Digest suggest an impending mass exodus to suburbia. And according
A real estate brokerage CEO told CNBC on Monday that flexibility and understanding is necessary as concerns rise over the possibility of a wave of evictions linked to economic devastation from the coronavirus. “We have to apply a little bit of humanity in this environment because we are all in this storm, but not everybody
Tano Point Estate features multiple buildings with flexible uses. Jonathan Tercero for Sotheby’s International Realty When a 6.5 acre property in Santa Fe, New Mexico went up for sale in 2012, Karen Rogers Still knew she had to have it. Although there were plenty of challenges along the way, the interior designer made it her
You may have heard of debt being categorized as two types: good debt and bad debt. “Good” debt is defined as money owed for things that can help build wealth or increase income over time, such as student loans, mortgages or a business loan. “Bad” debt refers to things like credit cards or other consumer debt
Residential buildings under construction in Shenzhen, China, on Tuesday, Aug. 23, 2016. Qilai Shen | Getty Images China’s housing market is showing signs of recovery after the coronavirus crisis and analysts say that offers bond investors opportunities as developers get back on their feet. “Urbanization and upgrading are key demand drivers. Property prices are recovering
In these strange COVID-19 times we are living in, the real estate market in Tahoe is blazing hot. According to Bill Dietz, owner of Tahoe Luxury Properties, there are currently only six lakefront homes available for sale, in contrast to the usual 20 or so each summer season. The most luxurious of all is McKinney
The latest HouseCanary market report, an analysis of public records and 200 multiple listing … [+] services, shows that for the week ending July 12 the volume of listings under contract tumbled 15.3% nationally from the preceding seven days. Getty The recent rise of coronavirus cases may stifle the so-far brisk recovery of the housing
Swimply rental pool in Valley Stream, NY Leroy Jackson | CNBC The coronavirus pandemic has millions of Americans shut out of public pools this summer, and that has opened up a huge opportunity for one small start-up. Swimply has been compared to Airbnb and VRBO, because it’s employs a similar strategy, only for pools. Barely
Getty For many people returning to their offices after more than three months in lockdown, doing so will be like visiting the ruins of a bygone era. Working from home, call it distributed work, remote work or work from anywhere, is definitely here to stay. No matter how much we spend on partitions, colored safety
Horse Island, off the coast of West Cork, Ireland, sold for $6.3 million. Montague Real Estate A 157-acre private island off the southwest coast of Ireland has sold for 5.5 million euros ($6.3 million), despite the buyer never having actually visited. Horse Island was sold to an anonymous ultra-high-net-worth European buyer in July, following months
Co-Founder & CEO of Replay Listings, a mobile-based platform to find rental apartments in New York City through unedited videos. Getty As the CEO of a real estate technology company focused on video listings, I’ve seen virtual tours that are so beautiful they make me want to buy that property. I’ve also seen some video tours
Famed theme park economist Buzz Price (left) and Walt Disney’s nephew Roy Ask.Buzz Developing a theme park is far from child’s play, especially in the current economic climate. The coronavirus brought dark clouds to the industry as parks around the world temporarily closed their doors and froze their expansion budgets. It has driven the development
To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation’s single-family homebuilders. Homebuilder sentiment jumped 14 points to 72 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index. That is exactly where it was in March, before the pandemic hit the U.S. economy.
Aaron Galvin is the CEO & Founder of Luxury Living Chicago Realty, a multifamily consulting, marketing, branding and strategy brokerage. Getty Apartment hunting as we know it has changed. As the owner of a brokerage firm specializing in apartment leasing, I have seen the current pandemic dramatically shift how apartments are being marketed and leased. And
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