Share to facebook Share to twitter Share to linkedin Mortgage lending limits will increase yet again for 2020 Getty News from the Federal Housing Financing Authority provides the latest figures for the threshold for non-jumbo mortgages (or a ‘conforming loans’) and the numbers show a significant increase yet again. For 2020, the limit will raise
Real Estate
In the run-up to the 2008 Financial Crisis, and in assessing its aftermath, I posited that homeownership limited the mobility of human capital to the detriment of both the economic recovery and the financial wherewithal of homeowners with non-performing mortgages. With housing values underwater in many markets, and deeply underwater in ‘the sand states’ (as
Construction workers are seen outside a new house being built in Monterey Park, California on March … [+] 19, 2019. – The Los Angeles metro area is one of the worst areas in the country for first-time home buyers, according to a study released by Bankrate.com, which analyzed the 50 largest metropolitan areas in the
Townhomes in Daybreak Communities in South Jordan, Utah Jonathan Alsbrook In Part One of a two-part series, we take a look at Utah’s booming economy and key drivers in the economic expansion. Utah’s economy is booming thanks to a combination of strong employment growth, a vibrant tech industry and collaboration between business, labor and government. The
Share to facebook Share to twitter Share to linkedin Real estate in southern China is seen as a good investment by those optimistic about the country’s… [+] Guangdong-Hong Kong-Macau Greater Bay Area. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP One of China’s richest real estate entrepreneurs may be poised to become yet wealthier. Times
View of the Lake Eola Fountain with Orlando’s Skyline in the background. Getty Tight inventory and flat prices headline realtor.com’s 2020 housing forecast. “I think the biggest surprise from the forecast is how long the market is staying in this low inventory environment, especially as Millennials are in a major home-buying phase,” observes Danielle Hale,
A new forecast predicts historically low housing inventory levels in 2020. Getty Demand for homes will be strong next year, but homebuyers will have few options. In fact, according to a new forecast for 2020, next year may just see the biggest housing inventory shortage in U.S. history. According to the 2020 National Housing Forecast
photo credit: Getty Getty The year of rejuvenation continues for the domestic-focused U.S. real estate sector following one of the toughest years for REITs and homebuilders since the financial crisis. For the U.S. housing industry, the story of this year continues to center around the resilient demographic-led growth in household formations along with the sharp
When you think about smart phones and smart home technology, you probably picture Millennials making their living spaces as convenient as possible. That’s not an inaccurate picture, but it’s not a complete one either. Boomers and seniors are an enthusiastic and growing market for these features, which can make living independently easier, safer, healthier and
Living space designed by Champalimaud Binyan Studios The team behind famed architect Robert A.M. Stern’s first multi-family development in San Francisco is debuting interior images to help potential buyers envision life inside. Slated for completion next year, Crescent is an eight-story building featuring 44 luxury condos at a cable-car crossing atop the historic Nob Hill.
That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it
Unwrap luxury goodness Photo by Michelle on Unsplash Do you have to buy a holiday gift for someone who has everything? Well, they don’t have everything until they receive a gift from you. Here are some of the best luxury gifts to give and receive this season, from one-of-a-kind art to bedding, jawdropping keepsakes and
Star Wars’ creator George Lucas has bought a beachfront property next to his villa in Carpinteria, … [+] California. (Photo by Frazer Harrison/Getty Images) Getty Images Legendary director George Lucas is expanding his beachfront villa in Carpinteria, California, after the purchase of a 2-acre site next door for $28 million. The property acquired by Lucas,
Money and home,loan,mortgage. Change home into cash concept. US Dollar in sack bag, Wooden house … [+] model put on scales on wood table with green tree bokeh as background. Balance home and debt. Getty If you’re looking to refinance your mortgage loan in light of today’s low interest rates, then you’re in luck. According
In Los Angeles, a salary of least $124,080 is needed to buy a home with a median price of $649,600. Getty The dream of homeownership is alive and well for many Americans despite considerable obstacles, including rising home prices, saving for a down payment and student debt. Real estate and data analytics provider CoreLogic today
Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found
A mandate which gives more structure to the board review process, and clarifies the consequences of … [+] discriminatory decision making, could help restore value to co-ops while easing the process for buyers and sellers. Canva What should a New York City Co-Op Board of Directors be doing? And just as importantly, what SHOULDN’T they
An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches
If you leave California, can the state say you really didn’t and keep taxing you? Yes, and it happens more than you might think. California taxes have always been high, and for that reason, many people do their best to try to avoid paying them. This is especially true for someone expecting a big spike
Getting mixed-use megadevelopments planned, built and marketed demands sophisticated multidisciplinary strategies and an equally sophisticated team of design, building and marketing pros. The obstacles are Herculean, but the paybacks can be equally enormous. That’s because megadevelopments — outsized, mixed-use ventures that blend a wide range of property types into big, dazzling, enticing destinations — represent