Mortgage rates reached another low this week, helping to keep rising interest rates in check getty Mortgage rates have hit yet another record-breaking low, this time falling to 2.88% on 30-year, fixed-rate loans. That’s down from 2.99% last week and 3.60% a year ago. It’s the lowest average rate ever recorded, according to mortgage purchaser
Real Estate
Robert K. Jafek is Principal at Boomerang Capital Partners, successfully financing and developing real estate since 2006. getty It is well known that the residential real estate market is highly seasonal, with activity and prices following the heat: It warms up in the spring and gets hot in the summer before cooling off in the fall
The dual staircases in the entryway Jim Bartsch As real estate finds its sea legs again in the wake of Covid, luxury listings are still testing the waters for what the market will bear. The latest top-of-the market listing for the high-end neighborhood of Holmby Hills has come to the listing service with an asking
Canopy by Hilton Jersey City Arts District is now accepting reservations Aerial panorama of Jersey City skyline at sunset. Getty It’s not exactly an ideal time to open a new hotel, however Canopy by Hilton has doubled down this month with the opening of not one but two new hotels, including the Canopy by Hilton
Using BLDUP, a B2B platform delivering comprehensive market intelligence on real estate projects, … [+] professionals can track projects from land acquisition through completion. AFP via Getty Images Almost a decade ago, while employed as a construction industry executive recruiter, Noah Coughlin came to a key decision that would change his life. He realized the
TOPLINE Chip and Joanna Gaines, hosts of the wildly popular home improvement TV show Fixer Upper, announced a new season of the Waco, Texas-set program would kick off in 2021—on their own broadcast network—as their lifestyle empire, which comprises of book deals, restaurants, retail shops and a Target home goods line, shows no signs of
School psychologist Dr. Roseann Capanna-Hodge has been working with young people for decades. Dr. Roseann Capanna-Hodge / (c) 2019 Emily Mygatt Lee There’s a heated debate taking place around the country about whether schools should reopen for in-person classes this month, when many traditionally welcome students back to campus. Numerous districts – including some of
The concept of falling real estate market. Reduced interest in the mortgage. A decline in property … [+] prices and apartments. Low interest rates on mortgage loans. Reduced demand for home. selective focus getty Whether you live in a bustling city, sprawling suburb, or somewhere in between, it’s likely that you’ve been hearing more stories
In San Francisco, one and two-bedroom rents are down more than 11% since this time last year. getty While the rental market remains far from robust, two important factors — rent decreases in the country’s most expensive cities and rent increases in more affordable cities — suggest the coronavirus pandemic is causing a squeezing effect
Fresh interior paint is among the top three upgrades home sellers plan to make. getty Selling a home is fraught with uncertainty and anxiety that can leave many homeowners upset about the disruption of their routine lives. Between worrying about the asking price and dealing with showings, the stress can make one feel helpless. One
The perspective from an ocean-view ranch at Las Carcavas, a new development attracting international … [+] real estate investors to the Rocha coast in Garzon, Uruguay Rafael Botto As the pandemic’s long-feared second wave comes crashing down on us like a mammoth breaker pounding a cracker box coastal village, some real estate shoppers are looking
Principal at Morgan Properties, a real estate investment and management company that’s the fifth largest apartment owner in the country. getty Since March, the economic impact of Covid-19 has continued to unfold globally. The rapid pace at which the pandemic has spread and global actions to curtail it are having unprecedented repercussions on the way we
Founder and CEO of the pioneering home hospitality brand, D. Alexander, and the Founder and Managing Partner of D. Alexander Capital. getty A few years ago, a thought came to me about the future of homeownership and hospitality while I was road tripping down Highway 1 to stay at a short-term home. I was trying to
The Miami development includes a 100,000-square-foot medical center with exam rooms, an onsite lab … [+] and pharmacy and diagnostic imaging. Royal Palm Companies The developers of a new mixed-use tower in Miami, set to open in 2024, weren’t anticipating a global pandemic when they came up with the idea for their latest project —
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. getty There is a broad spectrum of commercial real estate types to consider when investing. When the economy shifts or crises occur, multifamily has consistently proven its resiliency, stability and predictability. Multifamily is doing so again during Covid-19
Time and again, agents cite culture and kinship as mattering as much to them in their choice of a … [+] firm as money. And money, even venture money, doesn’t last forever. getty How does a real estate brokerage succeed in the COVID-19 world? Of course, it’s about the agents who choose to associate and
Pre-covid, a table in an active adult community developer’s welcome center shows remaining inventory … [+] in various sections. Photographer: Patrick T. Fallon/Bloomberg BLOOMBERG NEWS Florida has had some well-publicized challenges lately, but homebuilders statewide are seeing a continued rebound of demand from buyers that surprises even them. Building company executives and owners I’ve spoken
Shot of Corridor in Working Data Center Full of Rack Servers and Supercomputers with Blue Neon … [+] Visualization Projection of Data Transmission Through High Speed Internet. getty In a nutshell, QTS Realty kicked off data center REIT earnings last week hitting on all cylinders and raising FY 2020 Guidance across the board, including revenue,
As we roll toward the half-year mark of the COVID-19 pandemic, the effects on work, office space, and focus have been profound. Executives can now be found working out of what had been guest rooms, attics, or walk-in closets. The need to work in corporate offices, once considered indispensable, is now being rethought in its
Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. getty Unemployment levels nationally were at 14.7% in April 2020, reaching as high as 30.1% in Nevada during that month. The recent unemployment rates now are at the highest levels since the Great Depression. However,