Month: September 2021

Eugene is the Founder of The Litvak Team @ Compass — one of the top producing and largest teams at Compass. If you’ve been paying attention to real estate headlines lately, you know that the New York City market is on fire. In the 15 years or so that I’ve been in the business, I’ve never

The American Institute of Architect’s latest Home Design Trends Survey of its professional members shows the powerful impact the pandemic continues to have on our living spaces, compounded by other natural disasters. Released September 22, this quarterly study showed a sharp uptick in demand for outdoor improvements, multiple home offices, exercise spaces, and safety features

A spring break hotspot for decades in the 20th Century, Fort Lauderdale, Fla. has over the past 20 years matured into a city better known for luring corporate campuses than college kids. “What once was considered a vacation-only destination, Fort Lauderdale is thriving and poised to continue attracting high-profile businesses, an emerging talent pool and

Home price have surged in most markets across the country. What should investors do? The problem with giving a good answer is that there aren’t any good reasons why prices are higher. It’s a pandemic phenomenon that’s unrelated to ordinary economic factors – and therefore we don’t know how it will develop. One thing we

Amid the chaos surrounding concerns about debt payments by China’s property developer Evergrande Group, it’s good to be the chairman. Although Evergrande Group’s 80% stock decline so far this year has made a dent in its billionaire founder and chairman’s fortune, Hui Ka Yan will remain extraordinarily wealthy even if the company collapses under the

Real estate financing often includes something more than an ordinary mortgage loan. A borrower often obtains additional funds through a separate mezzanine loan, secured by a pledge of ownership interests in the entity that owns the mortgaged real estate. Because those ownership interests are not real estate, the lender’s rights are governed by the Uniform

Buried in a 10-page report from Moody’s Analytics detailing the catastrophic economic impact if Congress fails to raise the debt ceiling – for starters, a U.S. default could wipe out 6 million jobs and $15 trillion in wealth – is a line about the mortgage market and home loan rates. “Treasury yields, mortgage rates, and

Bungalow 5 is one of the top furniture brands that isn’t on the tip of everyone’s tongue. That’s because it is one of the few that has chosen not to sell directly to consumers. Still, Bungalow 5 has been incredibly successful, celebrating twenty years of business in 2021. While this is a different approach to

With ocean views and a blanket of greenery surrounding it, one might think this custom compound is set on the North Shore of Kauai. In actuality, the $29.95-million estate is across the Pacific—nestled among 140 acres of organic avocado groves in Somis, California, a quiet community located halfway between Beverly Hills and Santa Barbara. Built