Real Estate

Many homeowners want to refinance existing mortgages to take advantage of record-low interest rates. Getty Mortgage rates have been hitting record lows during the economic downturn and could fall even further. Lenders have responded to the increased economic uncertainty by raising minimum credit scores, requiring higher down payments, checking and rechecking employment status and eliminating

Mall of America will reopen on June 1st, with many health and safety considerations for its local, … [+] state and international guests. Unfortunately, one challenge is out of MOA’s control. Sanford Stein As the 5.6 million square foot Mall of America prepares to reopen on June 1, it is contending with challenges that correspond

Unica asking $100 million Hilton & Hyland The impact of Covid-19 has seemingly set in motion a sudden trend of discounts at the very top of the country’s most expensive real estate markets. Most notably, billionaire Travis Kalanick, former Uber UBER CEO, purchased Los Angeles’ Bellagio Estate for $43.3 million, after it sat on the

Over 30 million Americans have filed for unemployment amid the coronavirus pandemic. mpi43/MediaPunch/MediaPunch/IPx Topline: As the coronavirus pandemic keeps Americans confined to their homes, nearly every industry has been negatively impacted by the disease, and businesses losing out on cash flow have started laying off workers. Here’s who’s axed staff so far: Airlines & Transportation

Questions and answers on the coronavirus Getty Now that “phase two” is well underway for most countries globally, we are all consumed by a two-part preoccupation: when will things go back to normal, and what exactly will be “normal” in a post-coronavirus world? In the first article of this two-part miniseries, we took a look

Landlords are offering more sub-six-month leases in response to economic uncertainty. Getty As uncertainty rules in real estate, one segment that has been seeing growth is the market for short-term rentals.  Landlords in New York City and across the country are offering more flexible rental options in response to demand from renters facing unclear economic

TOPLINE In New York City, the global epicenter of the coronavirus pandemic, homeowners are not putting their homes on the market: new sales inventory has hit a significant low during the months of lockdown as validated by real estate platforms Zillow, StreetEasy, local and suburban brokers and a moving company. Brownstone facades and row houses

New York City doesn’t think property owners should enforce the personal guaranties that often backstop commercial leases signed by small business corporations or limited liability companies. So today the city enacted a law against it, at least in cases where the tenant’s business had to shut down because of today’s pandemic. The law applies through

First-time buyers are going to need more support in the months and years ahead to help them onto the … [+] ladder. Getty The impact of COVID-19 on the housing market as a whole, and on the buying power of first-time buyers specifically, cannot be understated. Whilst the reopening of the property industry two weeks

A Southampton beachfront house available Memorial Day to Labor Day. $500,000. 6,000 sq.ft. with 4 … [+] bedrooms, 4.5 bathrooms on .5 acres plus a pool. Town & Country Real Estate A friend called me the other day to ask what I knew about summer rentals in the Hamptons. I started to look online, and

TOPLINE Mortgage delinquency rates nearly doubled and total delinquencies reportedly increased by 1.6 million in April, the largest single-month jump in history, though the majority are covered under Cares Act forbearance programs. CHICAGO, ILLINOIS – APRIL 30: A demonstrator calls on the governor to suspend rent and mortgage … [+] payments to help those who

A broad coalition of New York City leaders are calling on the mayor to freeze property taxes. Getty A broad coalition of city leaders, from business to civic groups, is urging Mayor Bill de Blasio to put a freeze on property tax bills and provide relief for property owners who are struggling with their payments

Today’s low mortgage rates are helping home buyers, but they might also lead to future inventory … [+] shortages and affordability challenges. Getty In a coronavirus-created environment of severe inventory shortages and rising prices, home shoppers do have one advantage in the form of extremely low interest rates. Yet, while propitious today, the latter bear

Giuliana Rancic at home with wrapped in an August & Leo throw blanket. August & Leo Giuliana Rancic is known for many things. Being a top entertainment news personality, breast cancer survivor, mom, and entrepreneur. Now, she’s diving headfirst into the world of furniture and decor, launching a line called August & Leo on HSN. 

Photo: Getty There is a metric in apartment investing known as cash-on-cash return. It represents the power of multiplying money. Consistent investment in strong performing assets over long periods of time yields the greatest return, so knowing how to calculate that return is essential. For many, it’s not the acquiring of money that’s the issue.

Despite the overall economic downturn, home prices keep rising as inventory remains low. Getty Existing home sales plunged nearly 18% in April to a 10-year low, the National Association of Realtors said on Thursday. A separate morsel of information in the Association’s report, though, might shock as much as depressed sales do – home prices

A double dishwasher drawer holding 14 place settings from Fisher & Paykel Photo courtesy Fisher & Paykel With so many people doing more cooking than ever in their homes, there is a growing interest in home appliances. Many of the appliance companies have evolved over the years and come up with much of the new

Getty Sure, mortgages today are historically cheap, but that doesn’t mean you’re going to land a great deal: Getting a mortgage isn’t as easy as it used to be.  Indeed, mortgage rates have fallen to all-time lows. Freddie Mac’s weekly rate survey for the second week of May found that interest rates on 30-year mortgages

San Francisco’s real estate market is expected to recover quicker than Los Angeles’ Getty Real estate industry experts discuss California’s real estate market. I checked in once again with Compass California President Mark McLaughlin and CoreLogic’s Deputy Chief Economist Selma Hepp. The conversation focuses on the Bay Area and Southern California markets. In 2018, McLaughlin

As the world unexpectedly embraced work from home models this spring, home offices and video call backgrounds have become a hot topic. Social media, business articles, and even reputable brands are all buzzing about what our new residential workspaces look like; but no one is talking about how they should perform, and the omission of