The real estate industry is facing disruption on two fronts: brokers are getting younger, and technology is changing how business is done. With older professionals retiring and recent grads entering the industry, it’s not surprising that this shift in demographics has brought other changes. Along with a shift in industry professionals comes an increase in
Real Estate
Share to facebook Share to twitter Share to linkedin National rents just notched their slowest uptick in almost two years. According to data from property analytics firm CoreLogic, rents grew just 2.9% in June, down from a 3% rise last year. Month over month, RENTCafe shows rents rose just $3, hitting $1,469 nationally. But it’s
Homeownership is considered a core part of achieving the American Dream. However, that achievement is slipping out of reach of many Americans these days. U.S. homeownership has been at record lows throughout this decade. More Americans are renting as a response while managing with stagnant wage growth. The path to homeownership in today’s America has
Summer travel vacation concept, Happy asian traveler woman holding passport and plane model relax on beach chair in tropical beach at Thailand Getty You’ve probably heard me mention SWANs a time or two by now: stocks that help you Sleep Well At Night. You’ve probably heard me talk about how important they are in your
Now asking $49 million, this unit comes with a solarium Courtesy of Corcoran Group In the same building where casino mogul Steve Wynn purchased a $70 million penthouse (which was the second-highest Manhattan sale at the time), there are two condos recently making their arrival to the listing service that are asking $30 million and
Subscribe, keep or re-gift. Mostess Home décor subscription boxes are more than just a little gift to yourself, they’re a shortcut to having professionally curated home accents. Another bonus is that if an item isn’t exactly your taste, someone else will appreciate it as a hostess or housewarming gift in the future. Either way, an
Kevin McCloud, British TV presenter and designer, launched HAB Housing in 2007. (Photo by Jeremy Sutton-Hibbert/Getty Images) Getty Images Hundreds of investors in TV celebrity Kevin McCloud’s eco housing business have been told they can lose up to 97% of their money. Between 2013 and 2017 McCloud, the presenter of Channel 4’s Grand Designs for over 20
Chicago’s Spoke Apartments is among a growing number of apartment buildings across the country positioned along established bicycle routes, helping increase their appeal to renters who bike to and from work, FitzGerald Associates Architects According to the U.S. Census Bureau, bicycling is the nation’s fastest-growing form of transportation. As such, cycling is exerting an ever-greater
This ranch-style home in Ojai, California mixes frontier charm with contemporary design. Douglas Elliman Aside from the boutique hotels and hip art galleries, Ojai, California is virtually Los Angeles’ frontier—chock-full of ranches, horse trails, and arresting heroes ready to claim their stake in town. For its 7,500-plus residents, life here represents a change of pace, a
Meryl Streep wearing dress by Oscar de la Renta sat the premiere of HBO’s Big Little Lies Season 2 at Jazz at Lincoln Center. Lev Radin/Pacific Press/LightRocket via Getty Images The TriBeCa home of one of Hollywood’s most accomplished actors has come back on the market with a new price and a new look. Meryl
Mortgage refinances are surging, but the increased demand comes at a price. Getty Mortgage refinances are surging thanks to low mortgage rates, which hit nearly three-year lows just last week. Currently sitting at 3.6% according to Freddie Mac, they’ve spawned a 180% uptick in refinance applications since just one year ago. Online mortgage lender Better.com
The Mountain looks over all of Beverly Hills MATTHEW MOMBERGER /JUWAN LI The largest parcel of land for sale in Los Angeles, that comes with precious grandfathered-in rights to build 12 feet higher than current code, has sold for a fraction of its worth after years of discord and some last minute legal wrangling. A
Bristol, England – May 28, 2018: Close up of Sainsbury’s shopping trolley A, shallow depth of field Getty Editor’s Note: The original version of this article was published in the August 2019 issue of Forbes Real Estate Investor. I’ve owned shares in Realty Income (O) for almost a decade now. And during that time, they’ve
Nicholas Kamm/AFP/Getty Images When real estate mogul Donald Trump falls in love with a piece of property, things don’t always turn out so well. Now that he’s president, and seems to be slowly falling in love with the idea of buying Greenland—or at least talking about it, it’s a good time to look back at
Seton Castle was built in 1789 by starchitect Robert Adam. Savills A castle in Scotland with 13 bedrooms, a gym, billiard room, private tavern, stables, cinema and helipad is for sale for £8 million. Seton Castle, a 13-bedroom mansion built with the remnants of a palace used by Mary Queen of Scots, has just been
Proposed mixed-use development for Crystal City JBG Smith Summer is usually when real estate activity starts to slow down in the Washington, D.C. area, but not so for the neighborhood surrounding Amazon’s future headquarters. Something seismic may be about to take place. Inventory has plummeted, and the median sales prices for the few homes that
Socceroof atop The Whale in Brooklyn’s Sunset Park features spectacular views of the Manhattan skyline. Madison Realty Capital Socceroof in Brooklyn has ten soccer fields, a high-end sports bar, multiple big-screen TVs and spectacular, unobstructed panoramic waterfront views of Manhattan. It’s atop the Whale, a cluster of three former industrial buildings in Sunset Park. Built
Share to facebook Share to twitter Share to linkedin Starchitect Rafael Viñoly is known for his skyscrapers, but in 1990 he designed this concrete, steel and glass residence in Connecticut. Bernadette Queenan Architect Rafael Viñoly is known for designing the tallest residential structure in the Western Hemisphere, though one of his more modest, but rare,
Hands of bank officer calculating loans Getty If you’ve been looking into getting a mortgage, you’ve probably heard the term PMI get floated around quite a bit. You may be unsure of what the term means or how it can have an effect on your bottom line. Read on below to end the confusion once
A new study shows that iBuyer solutions cost home sellers thousands, but for many, convenience is worth the price. Getty Instant home-selling solutions like Opendoor, Zillow Offers and Offerpad have picked up serious steam in recent years. Offering homeowners a quick and easy sale without the tedious showings and haggling of the open market, these