VA loans are on the rise with Millennials and younger buyers. Getty When it comes to mortgages, VA loans are about the best you can get. With no down payment, no mortgage insurance, and super-low interest rates, they save homebuyers significantly—both up-front and over the long haul. And while VA loans have historically been underutilized,
Real Estate
Mid-century modern-designed lobby of The Paragon, a new residential build in Chicago. Courtesy of Taylor Johnson Chicago, Ill. – Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, recently completed The Paragon (1326 S. Michigan Avenue), Murphy Development Group and CIM’s new 500-unit luxury rental build in Chicago’s South Loop neighborhood. Cook and her team approached
Share to facebook Share to twitter Share to linkedin Uber’s ex-CEO is reunited with one of his biggest backers. Justin Sullivan/2018 Getty Images Topline: Billionaire Travis Kalanick’s secretive new food startup, CloudKitchens, quietly raised $400 million from Saudi Arabia’s sovereign-wealth fund—the Saudi’s first known deal in Silicon Valley since the murder of American journalist Jamal
The Kellum-Noble House, a 1847 Houston property still sitting on its original site in what is now a … [+] city park, has seen its share of history. After a restoration project that started in 2014, it’s reopening. CALpix On the edge of downtown Houston’s modern business district, the city’s oldest building is reopening following
The Las Vegas City Council approved an ordinance Wednesday that criminalizes camping or sleeping on … [+] downtown streets when beds are available at established shelters. Getty Images The Las Vegas City Council approved a controversial ordinance Wednesday that makes it illegal to rest, sleep or camp on streets and sidewalks in public areas downtown
The Pinnacle penthouse Williams New York After sitting on the market for several years, “The Pinnacle” penthouse at the top of New York City’s famed Woolworth Building is relisted with its first furnished renderings and a lower price. Originally listed for $110 million in 2017, the property, which spans the top five floors of the
Share to facebook Share to twitter Share to linkedin Happy couple is taking keys from their new house from broker and smiling. Getty There’s no getting around the fact that buying a home is a huge investment. Between the down payment and closing costs, today’s buyers need to show up to settlement prepared to pay
Share to facebook Share to twitter Share to linkedin BEVERLY HILLS, CALIFORNIA – NOVEMBER 03: Pharrell Williams attends the 23rd Annual Hollywood Film … [+] Awards at The Beverly Hilton Hotel on November 03, 2019 in Beverly Hills, California. (Photo by Axelle/Bauer-Griffin/FilmMagic) FilmMagic Musician, producer, talent show judge, clothing designer and the happiest guy to
Every week, we wrote ads. Depending on how well you were doing as an agent, you got either one, two, … [+] or three ads. Getty When did “advertising” morph into “marketing?” And precisely how well is either working for real estate in 2019? When I entered the residential brokerage business in the fall of
Exterior of One Steuart Lane, poised to become the newest build in San Francisco’s ultra-luxury … [+] residential market. Binyan Studios San Francisco, Calif. — Paramount Group, Inc. and SRE Group Ltd., today unveiled a first look at final renderings of the highly anticipated new luxury waterfront community, One Steuart Lane, located in San Francisco’s
A new study finds that real estate agent commissions aren’t as transparent as they should be. Getty A new study shows that most real estate agents (and the brokerages who employ them) are less-than-forthcoming about their commission fees—a practice that researchers say has reduced price competition and stalled negotiating power for American consumers. The analysis,
The real estate market can a difficult industry to get going in successfully, especially when you’re first starting out. Having a better understanding of what’s important to focus on can mean the difference between making a savvy investment and buying a headache, and one of the best ways to develop the skills you need is to read
The newly restored gardens at the Hampton-Preston Mansion are a delight for strollers. Courtesy Historic Columbia Robert Mills is best known for his design of the Washington Monument on the Mall of the National Capital. The 555-foot obelisk was, for a time, the tallest building in the United States and, since its September re-opening, is
As the world population continues to grow, so does the demand for scalable infrastructure. Even so, the construction industry has been viewed as slow to adopt digital innovation, and this can impact worker safety, labor-productivity and profits. As I was preparing to interview Phil Ramsey, the president and CEO of Command Alkon, a global leader
Single-family rentals (SFRs) have long been an asset class that’s dominated by mom and pop investors. Even with the rise of institutional investors that began investing heavily in SFR during the post-recession years, small-scale investors still remained king. Today, less than 2% of all SFR homes are owned by institutional investors. Meanwhile, 87% are owned
What is “real estate,” really? Most people might say it’s the land and/or structures appurtenant to it. I agree with that (I should; I came up with it) but I think owners should also consider what is referred to as the “bundle of rights” theory. This is where all the rubber hits the road: People
The 75-foot indoor lap pool will open to an outdoor terrace complete with lounge, dining and … [+] sun-bathing areas, all with the backdrop of the Chicago Tribune sign. Tribune Tower Residences rendering Tribune Tower, a historic Chicago structure with global significance, is undergoing a major renovation that will transform it into luxury condominiums. The
Until very recently, the national commercial real estate conversation was focused primarily on “the big six” cities: Boston, Chicago, Los Angeles, New York, San Francisco and Washington, D.C. These so-called 24-hour cities offered the best investment opportunities and therefore attracted the most attention. Today, though, the conversation has changed. Investors are looking beyond the big
When faxes first came in I was still working primarily as an agent, and they seemed like magic. A … [+] document which, in the past, would have been mailed or hand-delivered was suddenly available almost instantaneously. What could be better? Getty The fax machine transformed our business. At first, I thought that was great.
Real estate developer Donald Trump in his office at Trump Towers in Manhattan on April 4, 1985. … [+] President Trump said he will make South Florida his home due to high taxes and escalating cost of living in the city. He’s not alone. J. Michael Dombroski/Newsday RM via Getty Images Governor Andrew Cuomo says