Real Estate

Economic uncertainty and lockdown measures have prompted 22 million Americans to delay buying a home … [+] during the pandemic. Getty Despite the housing market continuing to heat up as economies reopen, the recession driven by the coronavirus pandemic has upended the plans for many first-time buyers eager to invest in a new home.  A

Nearly four months after banks and federal agencies started offering a number of assistance programs aimed at giving Americans a break on their mortgages, about 4.1 million homeowners remain in forbearance plans. But that number is starting to shrink as more workers are called back to work, says Mike Fratantoni, chief economist for the Mortgage

Senior Advisor to the President Jared Kushner walks off Marine One at the White House after spending the weekend at Bedminster, New Jersey on June 14, 2020 in Washington, DC. Olivier Douliery | AFP | Getty Images President Donald Trump’s son in-law and senior advisor has decided to remain an investor for the time being

Buildings should be of their time, not rigidly classically styled. Universal Images Group via Getty Images The American Institute of Architects (AIA) strongly supports legislation proposed today that would thwart an anticipated Executive Order mandating classical architecture as the preferred design style for federal courthouses and other federal properties. The legislation, proposed July 15, 2020

Closing the purchase of a new home is a feeling unlike any other. Unfortunately, many people new to homeownership may not know how just much maintenance a property requires. Regular maintenance is an integral part of retaining your new property’s value and ensuring you don’t have to deal with costly repairs later on. As the

Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters It almost doesn’t sound like news anymore: Mortgage rates fell to another record low last week, and that reinvigorated refinance demand. Homebuyers, however, took a step back. Total mortgage application volume rose 5.1% last week compared with the previous week,

Apartments in Austin, Texas. Getty So far, so good for the apartment business, but there’s a yellow flag on the track. Everybody thought that when forbearance came up, a lot of tenants would stop paying their rent. Well, tenants kept paying their rent—so far. But some of the artificial supports are about to be taken away, and

jeremyiswild People who need more cash in retirement these days might be considering a reverse mortgage. The offer is tempting. Homeowners who are age 62 or older can convert part of the equity in their home into cash instead of having to sell.  But there are disadvantages, such as complexity of the loans and their significant

Apple CEO Tim Cook gestures after opening the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | Getty Images Apple said on Monday it will spend $400 million this year to fight the California housing crisis in partnership with Housing Trust Silicon Valley and the

The color of your front door can match with other painted elements. Getty Images Are you looking for a low-effort, high-impact project to do this weekend? Few home improvement projects give you a bigger bang for your buck than a freshly painted front door. Yet, this is something that most of us can tackle over

Rendering of Charities Housing Development Corporation project in San Jose Apple Late last year Apple AAPL pledged a $2.5 billion commitment to combat the housing crisis in California and this week the company released the details for how the first $400 million will be allocated. The total will be divided into a mixture of downpayment

Contractors raise a wall while working on a new home under construction in Dublin, California. David Paul Morris | Bloomberg | Getty Images It is the perfect storm for the nation’s homebuilders. A sharp decline in the supply of existing homes for sale, increasing consumer preference for brand-new, high-tech homes with all the amenities for

The real estate sector has an opportunity to strategize for a more resilient future. Ariel Property Advisors Even before the Covid-19 pandemic, there was widespread skepticism about the future of brick and mortar retail. It didn’t help that many retailers, from international chains to local shops, were investing in experiences to drive foot traffic and

SoundCommerce employees, with CEO Eric Best on far left SoundCommerce On a Saturday in April, several executives from SoundCommerce rented a U-Haul, drove it to their office in Seattle and loaded up the truck with stand-up desks, 48-inch monitors and various other gadgets and personal belongings. For two days, they traversed town, dropping the items

The median price for a home in San Francisco is about $1.3 million, according to real estate site Zillow. Education Images | Universal Images Group | Getty Images There’s one part of the mortgage world that’s harder for some would-be home buyers to access: Jumbo loans. While there are signs that lenders may be easing

One of the National Association of Realtors “30 Under 30” real estate agents, serving the Del Mar and San Diego luxury residential market.  Getty Just a few months ago, the real estate market – like many other industries – adopted a slower pace in response to Covid-19. Social distancing regulations prohibited in-person house showings in

An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James Dempsey Asia sales director at

Simon Property Group appears to be having an outsized role in the retail reset, by choice and … [+] otherwise. Sanford Stein The real estate advisory firm RCLCO just released its mid-year 2020 real estate projections, which includes opinions of hundreds of high-level real estate executives. And to no one’s surprise, they stated that “the

Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. Getty If you ask a person of color, they’ll likely tell you they’ve been unjustifiably pulled over while driving. We hear this example often when discussing racism in our society, and it’s for good reason. Not only are there countless

Bay 151, a new apartment community in Bayonne, NJ. is among the fresh developments luring New … [+] Yorkers from Manhattan and the Outer Boroughs to the wider open spaces. Hudson Projects Ever since the pandemic began in earnest in March, we’ve heard a lot about New Yorkers exiting the city for distant places like

A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California, U.S., on Monday, June 29, 2020. David Paul Morris | Bloomberg | Getty Images Prospective buyers getting their first glimpse of potential homes through smartphone cameras connected by FaceTime and Zoom. 3-D

Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm.  Getty Savings and loan crisis, Gulf War, Black Monday, 9/11, the Great Recession … and now, the global pandemic. Every time I think I’ve experienced everything that can turn my business or industry on its head, the commercial

With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders.  Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their computers and smartphones to buy everything from fresh groceries to new home furnishings to

A man walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drago | Reuters The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. More borrowers, however, are getting extensions of those initial three-month

Co-Founder and Managing Partner of Disrupt Equity. Learn more about investment opportunities by visiting our website. Getty Profitability is a crucial metric most investors use to determine if an opportunity is worthwhile. The profitability of a real estate investment can be summarized using a metric known as net operating income (NOI). This is also known as

Founder and CEO of The Raisner Group (formerly Proteus Capital Management), a private real estate investment firm in New York City.  Getty In the future, will we all work from home? This is one of the most-asked questions resulting from the Covid-19 shutdown — understandably so, after a long nationwide experiment in working remotely and handling meetings

A newly erected fence blocks the front of a vacant home that Moms 4 Housing activists occupied during a months-long protest that ended in a court-ordered eviction, in Oakland, California. PHILIP PACHECO Emily Benfer began her career representing homeless families in Washington, D.C. Her first case involved a family that had been evicted after complaining to

“Shark Tank” investor Robert Herjavec said Thursday he believes the coronavirus pandemic has shifted attitudes about city living, altering the dynamics of the real estate market for years ahead.  “This is one of the greatest moves to the suburbs from urban areas since the 1950s or the ’60s,” Herjavec said on CNBC’s “Squawk Alley.” ”I recently moved

Inchconnachan Island in Scotland’s Loch Lomond is for sale for $631,000 Savills If your lockdown has sparked a love for solitude, then this uninhabited Scottish island–on sale for offers over $631,000–could be for you. That is, if you don’t mind sharing it with a few wallabies. Inchconnachan on Loch Lomond is being sold by the Colquhoun

As New York City goes, so goes urban centers across the U.S., according to Ryan Schneider, chief executive of Realogy Holdings. The coronavirus pandemic has pushed city dwellers and potential homebuyers to flee dense areas like New York and parts of California for suburban locations as Americans spend more time at home than before. While