Real Estate

Foreign purchasers have long comprised a large share of home buyers in South Florida. But this year, they are being outnumbered by California and Northeast U.S. transplants, who viewed the pandemic as a catalyst to relocate from their dense urban areas and high-tax states. The result? Record-low inventory levels of single-family homes in South Florida,

China’s residential properties have seen strong demand, and there are three factors driving it, according to Deutsche Bank’s Linan Liu. Data released Thursday by the National Bureau of Statistics showed that new home prices in May rose 4.9% from a year ago, compared to a 4.8% increase in April. The average new home prices in

Real estate agents know they’ll have to have tough conversations with clients from time to time, especially when events in the world affect the industry. Having these conversations in a professional manner is key to maintaining a good relationship with clients in the future. Feel prepared to handle sensitive subjects with your buyers and sellers

The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs the economic recovery is well underway. But it’s clear rates won’t stay near rock-bottom forever. Recent data showing higher consumer prices and lower unemployment will pave the way for unwinding last year’s bond buying and near-zero interest rates. “Being 7.8 million jobs

Retail sales fell 1.3% in May. Should we worry that consumers are running out of steam as the boost from stimulus checks received earlier this spring fades? An unexpected slowing of consumer spending could have negative implications for the economic recovery, as well as for the embattled retail commercial property sector and retail REITs. A

Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images After three straight weeks of declines, mortgage demand came crawling back, thanks

Summer is finally here. If you’re excited to see friends and family, you aren’t the only one. For many of us, this season is sure to be filled with pool parties, patio picnics, and backyard barbecues. So, there has never been a better time than now to refresh your outdoor space. Whether your backyard needs

Father’s Day is this Sunday, June 20th. How will you celebrate the dad – or dads – in your life? A new tie is probably not the best idea in our newly-expanded work from home world. Here are 20 gift ideas to enhance life by tapping into the five facets of wellness design. Health &

Canadian Entrepreneur with Global Invest, on a mission to help people invest in real estate to create generational wealth. The best time to start entrepreneurship and investment is when you are still young because the longer your financial investments will be operating, the more substantially your savings account will grow. I receive many queries from young

Joanna is CEO of Quartz Properties, a residential real estate development firm working to make the home buying process simple and enjoyable. The effects of the pandemic have changed every industry. Many are suffering, some are booming, but all have had to pivot in some way to manage supply chains, worker availability and economic stressors. Low

Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  Last spring, the world went into lockdown. As a result, the economy wallowed in economic molasses. A great many companies are still feeling the effects today, and some aren’t around to feel much of anything.  Doubtless, you’ve heard the platitudes. We’re

The impact of Covid-19 has greatly been felt across the commercial real estate industry. Many businesses had to shut down, while others moved to working remotely. Few new businesses opened due to the uncertainty the pandemic brought. During this time, there was little need for buying or renting commercial buildings. However, as agents know, the

Ali Jamal is the Owner and CEO of Stablegold Hospitality, a real estate investment company. As the global pandemic completely rattles everything that we hold familiar, disheveling the way we work, live, learn, play, travel and even breathe, anyone responsible for the well-being of others is being forced to get their feet planted firmly on this

People and students from Worker’s Circle of Boston and members of City Life Vida Urbana protest to rally support behind house bill HD3030, which seeks to stop evictions during the ongoing coronavirus pandemic, at the Massachusetts State House in Boston on March 14, 2021. Jim Davis | Boston Globe | Getty Images Sabrina Floyd doesn’t

Helen H. Richardson | Denver Post | Getty Images Homeowners are getting richer and richer as prices keep soaring – and the numbers are staggering. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. This represents a

Getty Images When it comes to whether retirees should pay off their mortgage in retirement, there typically is no clear-cut answer. That’s because like most things about planning for (and in) your post-working years, the decision depends on your specific situation. Obviously, a couple of benefits come with paying off a mortgage: Your monthly obligations

Charlie Eaton Courtesy: Charlie Eaton The odds of student loan forgiveness happening have never been greater, experts say. Yet a number of large obstacles stand in the way, some practical and others ideological. Does the president have the authority to cancel the debt? Officials at the U.S. Department of Education and the U.S. Department of

In this article RDFN The CEO of real estate brokerage Redfin told CNBC on Friday there’s been a much-needed cooling in the booming housing market recently. “For the past couple of weeks, housing has been hot instead of blazing hot, and it’s actually probably good for the market. We’ve been running too hot for too

kate_sept2004 | E+ | Getty Images Before you take out a mortgage or car loan, check your credit report. It may have a mistake that could cost you. It’s not as uncommon as you may think. More than one-third, or 34%, of Americans found at least one error on their credit report, according to a

There’s no public real estate listing for Penthouse B atop London’s super luxury high-rise One Hyde Park. The 18,000-square-foot mega-apartment in the city’s ultra-exclusive Knightbridge section is quietly being offered for sale as a whisper listing. Details of the hushed sale are currently only shared by brokers to prospective buyers via word-of-mouth or discovered in

It would be hard to ignore the buzz around housing right now. Homes are selling in the blink of an eye, buyers continue to enjoy historic low mortgage rates and real estate professionals are soaking up opportunities missed from last year’s spring selling season. For many, a career in real estate has never been more

It started as some of the best ideas do: scribbled on the back of a cocktail napkin. “I was sitting at a bar having a glass of chardonnay with my husband, and he asked, ‘what’s your next project?’ And I said to him, ‘I’m going to build a treehouse’ and drew this structure on a

Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading.  “Using the Tishman Speyer portfolio as an incubator for new ideas

From the abyss of an economy-stopping global pandemic, the U.S. real estate market has emerged as arguably the hottest market in the world. Low interest rates and a future of working from home, or at least more flexible office arrangements, caused many Americans to relocate to suburban areas with lower costs and a higher quality

Old homes are a snapshot into history. Unique features like crown molding, wainscoting, arched doorways and stained glass windows make a statement that’s difficult to replicate with newer construction.  If you’re looking to put down roots in a vintage home, consider that historic charm can outweigh the most tempting of today’s amenities. Some buyers seek

Dave Marcinkowski is a Founder/Partner in Madera Residential and Quext, focused on creating smarter, healthier apartment communities.  There’s a problem inside the multifamily industry. I’m not the first person to point it out, but I will join the chorus of people speaking out about it. That problem is cliquish behavior. If this was about everyone joining

While venture capital money has been pouring into fintech startups, the exit door has been pretty busy too. According to a report from CB Insights, the first quarter of 2021 set a record for not only new investment in fintechs, but also for exits, with 67 mergers and 11 fintechs going public, many through SPACs

Jonathan Keyser is the founder of Keyser, the largest occupier services commercial real estate brokerage firm in Arizona.  The franchise industry is expected to add more than 800,000 U.S. jobs by the end of 2021, totaling 8.3 million jobs nationwide. According to data shared to webinar attendees by the International Franchise Association (IFA), this will be

Maskot | Maskot | Getty Images President Joe Biden laid out a plan this week to narrow the racial wealth gap in the U.S. Many were disappointed not to see any mention of student loan forgiveness in that agenda. The president’s initiatives, announced 100 years after the Tulsa Race Massacre, will include tackling racial discrimination

Newark, New Jersey. Sean Pavone | iStock | Getty Images Since September, most renters across the country have been protected from eviction, thanks to an unprecedented moratorium on the proceedings ordered by the Centers for Disease Control and Prevention. Now that ban will expire in less than a month, and millions of Americans could find