The real estate market’s fluidity makes it a place where trends are always changing. Developing trends usually take a few years to enter the mainstream and become the norm. Because of this, smart agents and investors keep their fingers on the pulse of the industry so that they can adapt to those trends well before everyone
Real Estate
The world is becoming increasingly urban, just as the impacts of climate change are starting to increase. City authorities need to work out where they are vulnerable and act to become more resilient to the threats they face. Oil refineries next to the Houston Ship Channel during Hurricane Harvey, which halted production as … [+]
The astonishing buying/investing power of SoftBank has altered much of the world’s way of thinking … [+] about businesses. Photo by Eloise Ambursley on Unsplash Is it just me, or has the reduction in WeWork’s ostensible value from $47B to $8B caused a frisson of schadenfreude in the business world? Could it be a sign
Share to facebook Share to twitter Share to linkedin The payout is around 20% of WeWork’s now $8 billion valuation. Visual China Group via Getty Images Topline: With SoftBank’s takeover of WeWork nearing completion, former CEO Adam Neumann will reportedly get a $1.7 billion deal to walk away from the company and give up his
“A promise to build lots of homes makes good headlines around election time.” 123rf.com With the prospect of an early General Election on the cards, the followers of the two main parties are expecting a lot of housebuilding as a consequence – at least if you buy into the promises being made. Labour Party Shadow
Share to facebook Share to twitter Share to linkedin The WeWork saga could finally be over. Getty Images Topline: After months of uncertainty surrounding WeWork’s meteoric rise and fall, the company will now fall to an $8 billion valuation after it accepted a bailout offer from its largest shareholder, Japanese investing conglomerate SoftBank, CNBC first
Young beautiful asian woman using smart phone and credit card for shopping online in coffee shop … [+] cafe, vintage tone color Getty Not everyone has perfect credit. While having a lower credit score does make it a little trickier to buy a home, there are options available to help you become a homeowner. To
A large red percentage sign sits on a roller coaster symbolizing the ups and downs of interest rate … [+] directions. Getty When you see interest rates advertised on the world wide web or in newspaper ads, on open house flyers, in bank lobbies and everywhere else, they are always the interest rates that are
Welcome to Las Vegas Getty Earlier this week, MGM Resorts International (MGM) said it was selling two of its prized casinos. The combined price tag… was just over $5 billion. As part of a continued restructuring, MGM opted to maintain control of the Bellagio resort by selling the $4.25 billion property and leasing it back
The Norman Lykes House sits on the edge of the Phoenix Mountains Preserve. Heritage Auctions, HA.com Frank Lloyd Wright’s final residential masterpiece, the Norman Lykes House, sold for $1,677,500, at a public auction October 16 in Phoenix. Nicknamed the Circular Sun House, the iconic contemporary home was auctioned off by Heritage Auctions with no minimum
Motif is among a slate of new mixed-use apartment buildings going up in Fort Lauderdale’s Flagler … [+] Village. Bluerock Real Estate Flagler Village, a trendy neighborhood near downtown Fort Lauderdale, is turning into a magnet for multifamily investors. Last month, through a shell company, former Silicon Valley executive Lumin Chang purchased a 292-unit apartment
Once seven stories tall, the Queen Anne Winchester Mystery House has been whittled down to three … [+] stories. (Photo by: Education Images/Citizens of the Planet/Universal Images Group via Getty Images) Universal Images Group via Getty Images After her husband died in 1881, Sarah Lockwood Pardee Winchester was one of the wealthiest people in the
Share to facebook Share to twitter Share to linkedin Michael Jordan’s Utah retreat features panoramic views of the Glenwild Golf Course and Wasatch … [+] Mountains. Realtor.com Michael Jordan now has two luxury homes on the market. In addition to his Chicago-area home, which has been on the market for over seven years, Jordan recently
Michael Jordan, seen here in November 2018 in Wilmingon, North Carolina, greets people and shares … [+] Thanksgiving meals with the community impacted by Hurricane Florence. Jordan was raised in Wilmington. (AP Photo/Gerry Broome) ASSOCIATED PRESS The swish of autumnal winds welcomed community members and guests to an outdoor ribbon-cutting ceremony yesterday. They had gathered
A mortgage denial deprives potential homeowners of one of the pillars of the American dream. Getty A new study that analyzes where and why mortgage shoppers get denied provides a revealing snapshot of the high rate of denials in Florida. Four cities in the Sunshine State — Miami, Orlando, Tampa and Jacksonville — took the
Share to facebook Share to twitter Share to linkedin This 1200 square foot house, designed by Craig Race Architecture suits a young family well in … [+] Toronto, Canada, built very energy efficiently and sustainably. Photo courtesy of Robert Watson Photography for the upcoming Downsize: Living Large In a Small House published by Taunton Press
Casa Encantada Front Entrance Simon Berlyn Bel Air has hit the stratosphere once again. Casa Encantada, the 60-bedroom home belonging to Gary Winnick (founder and chairman of Global Crossing, who has previously appeared on several of Forbes’ Wealthiest lists) has officially come on the market with an asking price of $225 million, as the L.A.
150 Woodland Road Douglas Elliman The founder of sneaker giant Reebok has relisted his dream home in Massachusetts. Paul Fireman, together with his wife Phyllis, built their stately mansion at 150 Woodland Road (dubbed “Woodland Manor”) in 1999 on seven acres in the Boston suburb of Brookline, with the help of the international architecture firm
Mortgage rates are up but there’s still good news for homebuyers. Getty Mortgage rates continued their ping-ponging this week, inching up to 3.69%, according to Freddie Mac. That’s .12% higher than last week, but still 1.16% lower than this time last year. The Mortgage Bankers Association, which measures rates on all loans (not just conventional
Building a brokerage is no easy feat, and for some, finding a partner to take the journey with may be the best course of action. However, though from the outset someone may seem like a perfect fit for the enterprise, it’s possible a lack of proper due diligence could leave you with a partner who