Marina Pointe is among the new highly walkable communities along waterfronts in Tampa, Fla. BTI Partners Back in the 1970s, between years of grad school, I rode the rails around the country on an Amtrak railpass. When the pass and my cash expired, I found myself in Tampa. I got a room at the fleabag
Real Estate
Housing is making a comeback post-COVID, thanks to surging demand and rising home prices. Getty If two months of rising mortgage applications weren’t indication enough, a new report is: the housing market is well on its way to recovering from the recent slump caused by the COVID-19 pandemic. According to the Market Recovery Index from
Where is everybody? Hundreds are leaving the city per day. The trend will likely accelerate … [+] post-pandemic. High taxes, high housing costs, and overcrowded life makes for a nicer place to visit, but maybe not the ideal place to live. (Photo by Scott Heins/Getty Images) Getty Images Armando Codina is an unhappy New Yorker.
Pacifica rises above Auckland, New Zealand Stab Studio Pacifica, the 584-foot tall residential tower rising in the heart of Auckland’s central business district, is slated to be completed in August of this year. Designed by Jaimin Atkins of Plus Architecture, the $300 million building is a striking new feature on the skyline of New Zealand’s
Father’s Day is almost here. Tim Mossholder on Unsplash Father’s Day is getting close and there’s just enough time left to purchase a thoughtful gift to show dad how much he is loved. With the fallout of coronavirus, limitations on spectator sports, dining, large events, and travel—the majority of people are likely to spend more
As the world grapples with how to make travel safe in the age of coronavirus, private equity billionaire Wes Edens is betting $9 billion that America’s transportation future is passenger rail. Shouting over the noise of diners at a Mexican restaurant on the floor of a casino, buyout billionaire Wes Edens has come to Las
We must all, managing agents and brokers alike, refuse to sanction prejudice, even if ignoring it … [+] seems easier, even if, this time, it doesn’t touch us directly. Getty “I just cannot bear the thought of having one of them over me” These (paraphrased) words from a Southern woman after the election of Barack
A foreclosed home from the last cycle. Photographer: Jacob Kepler/Bloomberg News BLOOMBERG NEWS There is an old saying in the real estate development business: when a novice makes a mistake, it’s because they missed the nuances of the market; when a pro makes a mistake, it’s because they missed the obvious. Some participants in the
Property prices in 2020 would need to fall by 37% on average to make home ownership affordable for a … [+] single person on an average income. Shutterstock Buying a home has historically been one the defining traditions among British residents, but over recent decades the affordability gap for buyers across the country has on
Huntington Beach, CA Getty Here are the top 25 cities with the highest rent decreases. Though rents increased an average of 3 percent nationally last year, Apartmentguide.com found the top 25 cities where annual rents have declined. What surprised Brian Carberry, Apartmentguide’s managing editor who crunched the numbers was, “some of the areas with significant
Nearly 81% of renters paid their rent in the first week of June, on par with last month. Yet, fewer … [+] Americans are signing new leases. Getty In the first week of June, rent payments beat the expectations for a sizable decline in collections due to the prolonged coronavirus-triggered economic insecurities. Yet, lackluster new
Photo: Getty I’ve had a passion for real estate for as long as I can remember. As a kid, when I was driving around town with my parents, I always marveled at the architecture of old houses, trying to picture how life must have been back when they were being built. It was not a
The recently renewed push to privatize mortgage enterprises Freddie Mac and Fannie Mae could spur … [+] higher interest rates, limited mortgage products and higher down payments, if the process is successful. The Washington Post via Getty Images The recent renewal of the efforts to release the government-backed mortgage buyers Freddie Mac and Fannie Mae
Home buyers should take advantage of virtual tours. Getty Images TOPLINE Selling homes was deemed an essential service in some places and as of late May, physical home tours are now allowed in all 50 states. Sellers should limit tours and require buyers to wear protective coverings; buyers should ask key questions about ventilation and
Photo: Getty When running a multifamily investment and management business, there is no shortage of problems and complications. So why would a multifamily owner welcome more complication such as buying a Low-Income Housing Tax Credit (LIHTC) or project-based Section 8 (Housing Assistance Payments Contract, or HAP) deal? There are many reasons and misconceptions that have
Photo: Getty Regardless of what you are reading to understand the disparities of all the generations, one thing is for sure: Millennials are the largest and most educated living adult generation in the country. According to the National Association of Realtors, in 2019, millennials represented the largest cohort of homebuyers at 37%, making them the
Photo: Getty Running a commercial real estate business involves a long list of time-consuming, repetitive tasks. The sheer volume of these tasks costs companies millions of dollars in staff time every year. Brokerages, bank appraisers, CRE services and asset managers analyze hundreds of documents to complete a real estate deal, and this essential due diligence
Photo: Getty Branding: We either love it or we hate it. As real estate investors, our brand and our message can be a deciding factor in whether a seller reaches out to us to potentially purchase their home. Before you ever speak to them, your brand speaks to them. It’s important to think about how
Figures released earlier this week by Reapit, a CRM software provider that processes in excess of … [+] 30% of all UK property transactions, revealed just how quickly sellers, buyers, and renters have returned to market to get on with their plans and their lives. Getty According to the latest Nationwide House Price Index, U.K.
Photo: Getty Along many of Missouri’s riverbanks, we’re seeing waterfront homes being swept away by the swift force of rising water. All that remains are the crumbling concrete foundations. In river cities like Kansas City, spring rainstorms can cause significant real estate damage. This is true for properties in flood zones, neighborhoods with flood risk,