Real Estate

COVID-19 pandemic is creating surging demand for outdoor living spaces. Photo Courtesy of Avalon, Available at Ferguson Bath, Kitchen & Lighting Gallery Outdoor living spaces have been growing in popularity and amenities for years, but the restrictions imposed by the coronavirus are spurring even greater demand, new planning strategies and interesting new amenities, industry pros

The U.S. median sale price for existing homes in May was $284,600, up 2.3% from a year ago. While … [+] this marks the 99th straight month of annual gains, the increase is the smallest in about six years. Getty As the U.S. housing market continue to chart its course out of the coronavirus slump,

Mont Blanc looks out on crystal clear water. Dave Warren Photography A stunning property dubbed Mont Blanc in Santa Rosa Beach, Florida is on the market with a $14.995 million price tag, claiming the title of the most expensive new construction single-family home for sale in the Florida Panhandle.  It would not be an exaggeration

Mortgage rates just hit a new low for the third time this year. Getty Mortgage rates hit another record-breaking low this week, dropping to a mere 3.13% on the average 30-year, fixed-rate loan. That’s the lowest rate recorded since 1971, according to Freddie Mac—and the third time a new low has been set this year.

Aaron Marshall is CEO & Co-Founder of Keyrenter Property Management, the nation’s leading property management and real estate franchise. Getty We hear all the time about how important it is to grow a business, and that the customer is always right. But sometimes, in order to expand a company, it’s important to recognize that the customer or

Study shows consumer concerns about health will change the way homes are designed post COVID During the pandemic, the way we live in our homes has drastically changed. Builders are taking note. … [+] Stock Photo My current home style includes a 25-foot gray cord that snakes its way from the router, along the staircase

Alcheme San Diego Allison McCulloch When someone refers to med spa amenities, they’re usually talking about unique treatments or lemon water in the waiting room— not about design. But at Alcheme’s newest location at One Paseo, the design is an amenity that creates an ambiance of relaxation and elevates the overall experience. In 2017, the

Close-up Of A Businesswoman’s Hand Holding Magnifying Glass Over House Model Over Desk Getty Normally when people talk about preparing for a home inspection, they’re looking at things from the buyers perspective. While there’s no denying that the home inspection is an important event for the buyer, it’s ultimately something that sellers should prepare for,

                                                                PHOTO OF Better to rent than own In San Francisco Getty Here are the latest numbers from LendingTree on renting versus owning a home. The report looks at the median monthly cost to rent versus owning a home, with and without a mortgage. Lendingtree.com TREE VP, Chief Economist Tendayi Kapfidze crunched the numbers. “The first thing

Rents are down 8 to 10% in New York City. Getty As nearly 1 million rent-stabilized apartments in New York City receive a rent freeze in the midst of the coronavirus pandemic and economic fallout, landlords with market units are reducing rents by nearly 10% amid lower than usual demand. Zillow Z -owned New York

Ready to open on Monday, New York City real estate agent look to global prime cities, such as Hong … [+] Kong and London, which exited quarantine earlier, for clues. Getty As New York enters the second phase of reopening its economy on Monday, the real estate industry in the Big Apple is also readying

AFP via Getty Images Amid the widespread economic pain from COVID-19, count America’s city centers as top victims. After all, far fewer people now come into these places for work or play. Moreover, the shift toward more teleworking will continue after this pandemic – and thus have long-term effects on real estate. City centers may

Forsyth Park in the historic district of Savannah, Georgia. Geoff L Johnson Ever thought about picking up and moving to a new city to switch things up a bit in your life? Savannah, Georgia is betting that offering a relocation incentive will entice tech workers who are ready for a fresh start. The Savannah Economic

The view from the rooftop lounge at Steel Works, Harrison, N.J. Advance Realty Investors The arrival of COVID-19 quarantines was ideally timed to put new proptech developments to the test. From video conferencing to virtual touring, tech-enabled advancements in real estate have experienced a workout, many coming through big-time in the clutch. Property managers and

You can hire a pro, or you can do it yourself. Universal Images Group via Getty Images The three Ts of home maintenance, says Dan DiClerico, home expert for Home Advisor, are: Time, Tools and Talent. “To do a project yourself, you have to have all three,” he says. “It used to be that time

Running out of paper isn’t the only toilet-associated risk, according to a new coronavirus study. Getty You’re keeping six feet between yourself and others in public and avoiding crowded public spaces, especially indoors. You’re wearing a mask outside of the house. You’re keeping your home’s surfaces as germ-free as possible to avoid even the lower

New home construction may finally be seeing a turnaround. Getty New home construction had all but ground to a halt in recent months, as the coronavirus pandemic swept the nation, closing cities and businesses down with it. Fortunately, it appears those days are numbered. According to data released by the Census Bureau this morning, housing

Single family house on pile of money. Concept of real estate. Getty In the wake of the pandemic, mortgage interest rates have plunged to near-record lows, which has lead to an unprecedented boom in the mortgage refinance industry. However, as more and more people rush to refinance, it’s important to remember that securing a good

Balance home and money, home loan, reverse mortgage concept : A man hand put us dollar money bag … [+] into scales on table with green nature as background. Savings, investment, loan for plan in the future. Getty It has been 12 years since the U.S. government took over Fannie Mae and Freddie Mac when

Two-thirds of sellers would accept a lower offer, LendingTree finds. Those most likely to do so are … [+] millennial sellers (78%), followed by Gen Xers (67%) and baby boomers (55%). Getty Despite the recent surge of bidding wars in quickly rebounding housing markets, in late April, nearly 70% of home sellers said they would