Several things are now pretty clear. First, the recession will last well into 2021. Even though retail spending has bounced back from a 20 percent drop, jobs haven’t. More government spending will help the 10 million people who have not regained their job, but it can’t give them a new one. As long as COVID
Real Estate
Chris is Founder and Chief Executive at Radius Realty, a top 10 real estate company with a technology-first approach. getty As of 2018, 52 million people in the United States were aged 65 and older. By 2034, this population is expected to, for the first time in American history, outnumber the 18-and-under population. The rising number
Rectory Farm House in Oxfordshire, on sale for $ 9 million, lies in 8 acres of land beside the River … [+] Thames Knight Frank If you’re in the market for a riverside country house, with several acres of land and gardens, then Rectory Farm House in Oxfordshire could be for you. The period property,
Kirby Lane Park in Baltimore was a Rose Fellowship project. Photo: © Harry Connolly The idea is simple: every person in the United States should have dignified, well-built housing. However, execution is much more complicated. For architect Katie Swenson and others like her, navigating solutions through both political and social red tape is half the
New York City’s rental market is all about concessions getty Manhattan’s rental market is all about concessions and more concessions. ”In markets that are more favorable for renters (more available units than demand to fill these units), landlords may offer concessions to entice renters to pick their property,” explains Senior Managing Editor of Apartment Guide Brian
Who wouldn’t want to record in an entirely pink studio? Anna David According to Chartable, podcast downloads have increased significantly during the pandemic, so there is more pressure than ever for podcasters to deliver premium content. Creating that authentic connection, whether it is through interviews, long-ranted solo episodes, or dynamic conversations amongst co-hosts, means recording in
The Chelsea Barracks Collection is inspired by the history of its surroundings Chelsea Barracks At the top end of the market, developers not only build homes, but they also commission bespoke homeware for them. The developer of Chelsea Barracks, a residential scheme in Belgravia known for its luxury residences, has produced for its homes a
(Photo by Alex Tai) SOPA Images/LightRocket via Getty Images Bank of America (BAC), Citigroup C , JPMorgan Chase JPM and Wells Fargo WFC are the four money center banks considered too big to fail. Most analysts on Wall Street recommended these banks as 2020 began. I disagreed with this call given the high probability that
AI-powered geographic data is revolutionizing how we solve the demand for housing at scale. Wirestock The UK has long grappled with the issue of housing development – with the National Housing Federation estimating that a massive 8.4 million people in England alone are currently living in an unaffordable, insecure or unsuitable home. As we look
Topline After a year of savage cuts and restructuring following a disastrous IPO attempt that saw then-CEO Adam Neumann evicted and the company’s value plummet, WeWork’s new head says he finally sees profitability on the horizon for 2021 and, if all goes well, another IPO, Bloomberg reports. WeWork contemplates another IPO attempt getty Key Facts
Despite record low mortgage rates, homebuying affordability is on the decline. getty Despite hovering around their all-time low for several months now, it looks like mortgage rates have done about all they can for housing affordability. According to a new report, skyrocketing home prices have now outstripped their power, and overall homebuying affordability is now
David Parnes and James Harris two of Los Angeles’ top luxury brokers The Agency Two Top Million Dollar Listing Los Angeles brokers discuss the luxury market. James Harris and David Parnes are long-time cast members of Bravo’s hit reality real estate show. They sell high ticket properties that define Los Angeles’ luxury market. As Principals
It was mid-April when it all began to sink in, instead of just being something real estate brokers, developers, and investors theorized about. Within a week of America locking down as COVID-19 began sweeping the nation, tens of thousands of New Yorkers fled all five city boroughs in the fastest out-migration since September 11th. Many
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. getty When the mass market was shaken from the Covid-19 19 outbreak, real estate agents adapted, learned and pushed through. As a real estate agent who worked through the same challenges in an unpredictable year to come out with
Certain price ranges and certain neighborhoods continue to offer the flexible purchaser unusual … [+] possibilities in terms of space, outlook, and grace. getty In today’s New York real estate market, buyers want value. They came out of the three-month shutdown sure that, if they choose to purchase during the balance of the 2020 calendar
Broker/Owner of Commercial Professionals in Las Vegas for over 25 years, professional speaker and author of The Successful Woman’s Mindset. getty A question that I often hear from clients in my commercial real estate business is: Do you have any off-market properties for sale? Investors are interested in real estate that fits their exact specifications and deals
Rent this home and the entire mountain with Vrbo’s book the mountain listing. Vrbo Vrbo, a vacation rental website, has created the ultimate vacation rental listing: a ski-in/ski-out vacation rental that comes with a private ski mountain for just $100 a night. Beginning Oct. 30 at 1 p.m. Eastern time, entrants will have a chance
Certain elements of any commercial real estate transaction will tend to drive up the legal fees. RANJAN SAMARAKONE Commercial real estate clients regularly complain about legal bills, both because they think the hourly rate is too high and they say the work took too many hours. It’s a compelling demonstration of the incredible power of
Getty The drumbeat of headlines have made clear that New York City’s real estate market is weakening. The median asking price for a Manhattan apartment is below $3,000 for the first time since 2011. Landlords are in distress. The vast majority of restaurants can’t make their full rent. But there are nuances within those trends.
Longboat Key is only 15 minutes from Sarasota getty Florida’s Longboat Key attracts five-star luxury development. Longboat Key a moneyed enclave, neighboring affluent Sarasota is a hot property right now. In Q3 2020 closed condominium and townhome sales above a million hit 102 compared to 39 in Q3 2019. Located in both Sarasota and Manatee
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