A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of existing homes in July rose 2% from June to a seasonally adjusted, annualized rate of 5.99 million units, according to the National Association of Realtors. These sales figures are based on closings, so it
Real Estate
Lots of people have had to cancel trips in recent weeks as a midsummer resurgence of the pandemic pushed Covid-19 infections and hospitalizations to record highs in many states. Now, the nation’s central bankers are in the same boat, and it might be a signal that mortgage rates could be staying near historic lows in
In this article 3333-HK A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a
San Diego’s demographics continue to skew younger, as more and more life sciences, technology and telecommunication companies are choosing to locate in San Diego and expand operations. Qualcomm, the multinational telecom and semiconductor manufacturer headquartered in San Diego, employs a force of young well-paid engineers and computer science grads with advanced degrees. The University of
Miracle Messages founder and CEO Kevin F. Adler, right, with community ambassadors Beverly Stevenson and Brian Whitten in San Francisco. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images More than six years ago, Kevin F. Adler walked the streets of his San Francisco neighborhood with an unusual purpose: He wanted
The life sciences side of commercial real estate has been a flourishing asset class for a number of years. The pandemic has only served to solidify its stronghold within the commercial real estate sector. According to Newmark’s “2021 Mid-Year Life Science Overview & Market Clusters” report, venture capital firms accelerated their investments in life science
Investments in farmland are growing across the country as people, including the ultra-wealthy like Bill Gates, look for new ways to grow their money. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. He had accumulated more than 269,000 acres of farmland across 18 states in less than a
Investment Specialist, Team Denver Homes - RE/MAX Professionals. Your first step as a real estate investor is usually the most difficult. I often talk to new investors who feel overwhelmed by everything they don’t know about real estate: the terminology, the market, the capital, the risks and rewards. If this sounds familiar, let me reassure you: real
This is an excerpt from CNBC Make It’s weekly newsletter. Subscribe here. Sorry to be the bearer of bad news. But if you’re currently renting your place, you might see the price tick up when it’s time to renew your lease. In fact, rent is forecast to be even higher this year than it would have
With the second season of The Hills: New Beginnings recently coming to a close, it’s been a very busy time for Jason and Ashley Wahler, especially with the arrival of their baby boy, Wyatt Ragel, who was born on June 16th, 2021. Although he was busy making his television debut on the last episode, he’s
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less)
If the extent of your involvement with smart home technology is watching for porch pirates on your digital doorbell and setting up a connected thermostat to accommodate a happy medium between your sleep comfort and your partner’s, you’re missing out on some extraordinary innovations. This field is experiencing rapid growth, and wellness – driven in
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters The price of lumber has fallen sharply in the last few months, but apparently that has not been enough to take the pressure off homebuilders. Sentiment among single-family homebuilders dropped five points to 75 in August
“Let the buyer beware.” This disclaimer continues to warn consumers of all kinds of products. It is of paramount importance, however, for buyers in real estate, as there are a number of factors that could turn a property from a dream purchase into a waking nightmare. While there is a mountain of advice on this
According to the Los Angeles County Assessor, the annual property tax Assessment Roll has been completed leading to 3.7% growth during an unprecedented year in the Los Angeles real estate market. In plain English, the new Los Angeles property tax roll will be assessed on the new value of $1.76 trillion. Without the help of Prop
A view of the City of London on a clear day. Vuk Valcic | SOPA Images | LightRocket via Getty Images LONDON — About 10% of London offices could soon become unusable when new rules on energy efficiency are implemented, according to analysis from a leading real estate company. Under the new standards, set to
In this article CWK The CEO of commercial real estate brokerage firm Cushman & Wakefield told CNBC on Wednesday he’s seeing encouraging signs in the office market as it overcomes significant coronavirus-related disruption. “We lost about 2.9 million office jobs in April, May of last year. We’ve recovered 2.2 million of those jobs and we
VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. In the current rocky economy, more and more investors are looking for investments that can give them at least a modicum of peace of mind. Investors want some assurance that the industry they’re investing into won’t be swept away
Luxury living in gracious Charleston, South Carolina, is increasingly in demand, attracting new residents to the area. Charleston, the belle of the Lowcountry, is an elegant coastal city — home to a vibrant arts and culture scene and perfectly restored architecture. Home styles include Colonial, Georgian, Regency, Federal and Classic Revival. The city’s numerous
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. In today’s real estate world, it’s not advisable to ignore others and think you can accomplish great things alone. As technology becomes an integral part of everyday life, it’s easy to neglect the human touch. From automated social
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