Real Estate

If you’re in the market for a house and are considering an “interest-only” mortgage, proceed with caution. With tightened lending standards amid ongoing economic uncertainty — coupled with continually rising home prices and persistent low interest rates — some borrowers may gravitate to these so-called interest-only loans, experts say. These are loans where you only

And the higher the prices go, the more the demand thins, and the more pressure comes to bear on … [+] prices… Getty New York City has entered Week One of Phase Three and with it the post-pandemic real estate reawakening. There already seem to be some winners. Numerous properties in the $2 million and

Ali Jamal is the Owner and CEO of Stablegold Hospitality, a real estate investment company. Getty I’ve always been a strong believer in diversification, or in other words, not putting all of your eggs in one basket. Typically, when we want to learn about how to diversify our assets, the information provided through general research is

The real estate market is as unpredictable as any other market in the world. Agents who find themselves in a slump in sales need to do something to improve their outlooks. Usually, if sales are declining, it’s because a particular sales strategy isn’t working as well as it used to.  Considering current policies and looking

MoMo Productions With mortgage rates at record lows, it’s no wonder many Americans are refinancing their homes. Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are 74% higher than a year ago, according to the

In a new forecast released in June, real estate listing company Realtor.com expects existing home … [+] sales to be 15% lower this year. Getty Even though home values have budged little, if at all, on the backdrop of the pandemic-prompted economic recession, few home shoppers seem to have relented this year, incited by ever-lower

When Diane Pearson’s sons both attended Robert Morris University, buying a condo for them in the suburb of Pittsburgh made financial sense. Pearson, who is a certified financial planner, took out a home equity line of credit to purchase the property with cash in 2013.  Three years later, the family sold it at a $5,000

Brendan McDermid | Reuters Direction requests Requests for transit directions on Apple Maps are still nowhere near pre-pandemic levels, according to data from the navigation app. However, driving and walking direction requests have surged from their low points during the early stages of the outbreak. Travelers may be more inclined to driving and walking rather

Rent payment assistance will help both renters and their landlords, says Bob Pinnegar, president and … [+] CEO of the National Apartment Association. Eviction moratoriums, though, may not be as effective. Getty As the economy continues to wobble due to the coronavirus pandemic, while policy proposals diverge on how to prop it back up, July

2-8a Rutland Gate in Knightsbridge was bought by a Hong Kong investor for $264 million Beauchamp Estates London’s prime housing market is seeing strong interest from Hong Kong and mainland Chinese buyers, with real estate agents reporting above-average levels of investment. London-based estate agency Beauchamp Estates reports that over the past 6 months it has sold

People are traveling less this year and many cities are canceling public fireworks festivities because of the Covid-19 pandemic, but that doesn’t mean you can’t have a fun Fourth of July weekend. You’ll just be doing it at home with members of your own household. On the plus side, this lower-key celebration may give you extra

Chris McAllister is the Founder of Real Estate Brands Ltd, the franchising entity for ROOST Real Estate Co. and Lucky Town Real Estate Co. Getty The real estate market has never been tighter. I have been licensed for 20 years now, and I have never seen the market more aligned with the interests of sellers and residential

Tourists pass by a homeless man sitting on Hollywood Blvd, Hollywood, California on June 12, 2020. Mark Ralston | AFP | Getty Images Eviction moratoriums nationwide are set to expire later this month, potentially thrusting tens of thousands of people into a housing crisis.  Congress in March passed a federal mandate prohibiting evictions or foreclosures

Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Monday, May 11, 2020. Andrew Harrer | Bloomberg | Getty Images The number of borrowers in government and private sector coronavirus-related mortgage bailouts just fell by the largest weekly volume since these plans were put in place. There are, however, warning signs that

Open plan office in refurbished fire station. Port House, Antwerp, Belgium. Architect: Zaha Hadid … [+] Architects, 2016. (Photo by: Hufton+Crow/View Pictures/Universal Images Group via Getty Images) Universal Images Group via Getty Images As businesses re-open and others continue their preparation to welcome employees back to the workplace, the open-plan office suddenly looks more risky than revolutionary. The ability to network while hot desking, learn by listening and brainstorm at the

Startup Lyric is shutting down most of its business travel rental locations as its cofounder and … [+] president steps down. Getty Lyric, a short-term rental startup that raised $180 million from Airbnb and other investors, has shuttered all but one of its locations, making it the latest travel company to be defeated by the

Craig Conover brings Sewing Down South to HSN. HSN Craig Conover might be best known for the hit Bravo reality show Southern Charm, but pillows are making him a household name. The handsome bachelor is probably the last person most would image has a natural eye for home décor, but he proved everyone wrong when

Ghislaine Maxwell attends VIP Evening of Conversation for Women’s Brain Health Initiative, Moderated by Tina Brown at Spring Studios on October 18, 2016 in New York City. Sylvain Gaboury | Patrick McMullan | Getty Images Ghislaine Maxwell, the accused procurer for dead convicted sex criminal Jeffrey Epstein, was arrested Thursday at a New Hampshire home

Beaches in Miami, Fort Lauderdale and Palm Beach will close for the July 4th weekend amid … [+] coronavirus concerns in Florida. Getty Images Mortgage rates hit a new record low heading into the holiday weekend as a resurgence of coronavirus cases prompted investors to rush to the relative safety of the bond markets.  The

Founding Partner of LA’s Leading Westside Team: Smith & Berg Partners, COMPASS | smithandberg.com Getty Let’s face it: The pandemic is going to have a lasting impression on the shape of the American workforce and how we continue into the future. Slowing down is not an option, so now it is time to adapt. According to

Martin Braithwaite #19 of Barcelona during the Barcelona V Real Sociedad, La Liga regular season match at Estadio Camp Nou on March 7th 2020 in Barcelona, Spain. Tim Clayton | Corbis | Getty Images International soccer star Martin Braithwaite and his business partner Philip Michael are on a mission to convert 100,000 Black women and

Maryellis Bunn, 28, built a business that promised customers happiness, sprinkles and ice cream. The playground-meets-art installation was an instant hit with the Instagram generation. But ex-employees say that a darker reality lives under the gauzy filters. Amid the complete disruption of brick-and-mortar commerce over the past decade, social media generated a highly-ironic byproduct: the

President, Dane Real Estate. Getty At a time when communication has become modernized, yet disconnected, we’re seeing how important and meaningful it is to connect with others on a personal level. The pandemic has affected our personal and professional lives inextricably. It has changed the way we work, conduct business and communicate with friends and loved

A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Manhattan apartment sales in the second quarter saw their biggest decline in three decades — and the worst quarter on record — as the real estate lockdown and urban flight after the Covid-19 crisis put

Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Getty With the current climate of the world, everyone in the real estate industry is doing the best they can to navigate ever-changing rules and regulations. Historically speaking, the role of a property manager has always had its

Polk Properties offers over 30 yrs of Real Estate Vision and Expertise you can trust and depend on. We focus on long-range portfolio value.  Getty Social distancing is coming to a workplace near you. Will you be ready? Now that we have become acclimated to the norm of social distancing, it’s time to come outside. As

Broker-Owner of Better Homes and Gardens Island Lifestyle. Luxury Homes sales on the Big Island of Hawaii.  Getty The shelter-in-place order meant to control the spread of Covid-19 has been stressful for all of us. Even in Hawaii, where I live and sell real estate in an oceanfront resort, there have been unexpected challenges. It’s

Focqus, LLC | iStock | Getty Images New monthly data from apartment rental platform Zumper shows San Francisco rents were down nearly 12% year over year in June, making the city’s decline the largest in the nation, and a record slide for San Francisco.  It’s also the second consecutive month San Francisco rental prices have

This has been a period like no other in the past century. We will have to wait through the third … [+] quarter to see its actual ongoing impact on residential, retail, and commercial prices, but one thing seems certain. How we use the built spaces around us will never be quite the same again.

EmirMemedovski As the coronavirus pandemic stretches on and the U.S. economy remains mired in a recession, many Americans may be struggling to come up with cash.  Almost half of the population is still out of work, according to the Bureau of Labor Statistics. The employment-population ratio, which is the number of employed people as a