Real Estate

Better to rent than own In San Francisco Getty Wondering if you should rent or own a home? LendingTree’s latest report digs into the data, looking at the median monthly cost to rent versus owning a home, with and without a mortgage, across the 50 largest metropolitan areas in the U.S. Lendingtree.com vice president and

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

A flex space might evolve over the years to meet your shifting needs. Getty Sheltering in place during the coronavirus pandemic has inspired homeowners to tackle home improvement projects that better suit their needs. There are many reasons to renovate that run the gamut from accommodating remote work to sprucing up or adding outdoor living

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

Google logo is displayed on the company’s headquarters in Chelsea section of New York City. (Photo … [+] by Ramin Talaie/Corbis via Getty Images) Corbis via Getty Images The coronavirus might have convinced the major tech CEOs to order their work force to stay at home until a vaccine is approved, but my bet is

African american female real estate agent in kitchen showing gay couple around new house Getty For the most part, the coronavirus pandemic has radically changed how the real estate industry functions. With that in mind, even as states are beginning to slowly reopen, potential buyers should expect a slightly different house hunting experience than they

null Getty According to a survey released Monday, chief financial officers are targeting real estate expenses for further cost cuts heading into the second half of the year in the latest indication that the expansion of remote work is here to stay. According to survey respondents, real estate costs will be among the leading areas

Fulton East exterior balconies feature expansive city views and large outdoor balconies on each … [+] floor. Courtesy of Fulton East Chicago, Ill.—Located in Chicago’s Fulton Market District, Fulton East (215 N. Peoria St.) is a 12-story, 90,000-square-foot office and retail building slated to open late summer 2020. The newly constructed development is also among the

Photo: Getty There’s a hidden secret in real estate: Single-family houses are evaluated based on market comparables (“comps”), while the real power of real estate lies in the profitability of commercial residential properties and knowing how to force equity. One of the largest purchases in most Americans’ lives is their residence. Be sure your largest

Getty It began with a form letter that a large company sent to all its landlords. In that letter, the company said the coronavirus closures had decimated its revenues, so the company asked the landlord to defer all rent for April through July 2020, a total of four months, with repayment to start at some

Actress Michelle Williams purchased this Brooklyn home in 2015. Lisa Chamoff As the COVID-19 pandemic brought New York City to a near standstill three months ago, my world, like that of many of my neighbors in Brooklyn, shrank to the several walls of my apartment and about as many blocks. On the days when the

Stord As large swaths of the country began shutting down in mid-March, 23-year-old Sean Henry was finalizing his company’s first acquisition. Atlanta-based Stord, a cloud-based warehousing platform, had spent months finalizing plans to buy transportation provider Cove Logistics to build out its freight capabilities. “The market has changed since we originally made this decision and