Real Estate

Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set to be released Monday. Its

In its July 2023 Market Update, Midtown-based brokerage Elegran described the Manhattan and Brooklyn markets as “neutral, where neither buyers nor sellers have a significant advantage.” While decreasing supply and a sharp decline in median listing discounts may point toward a seller’s market, a retreating demand and median price per square foot favor buyers. Just

Former U.S. President and Republican presidential candidate Donald Trump looks on as he speaks during a campaign rally in Erie, Pennsylvania, July 29, 2023. Lindsay Dedario | Reuters The independent financial monitor for the Trump Organization told a New York judge she identified issues of incompleteness and inconsistency in certain disclosures to lenders and others

If you are a seller of appreciated property, it may be attractive to sell it on the installment method. That way, you pay tax over time as you get the installment payments, rather than paying tax all at once. Subject to technical rules and limits, hat is perfectly legal, section 453 of the tax code

Japan’s salary and benefits packages for expats remained the highest in Asia, a new report has found.  The average expatriate package in Japan costs employers $370,183, according to “MyExpatriate Market Pay” survey by data company ECA International.  That’s however 12% lower than last year, due to the weak Japanese yen, which has fallen 9% this

Millions of American children and teens are heading back to school this season. While much of their academic success can be credited to their parents, teachers, guidance counselors and educational materials, the importance of their home environment should not be understated. Whether a brand new kindergartener or a graduating class of 2024 senior, having the

International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make the purchases much less financially attractive.   From April of last year to this March, international buyers bought roughly 84,600 homes; that’s the lowest number

A home for sale in a sought-after private ski and golf community near Lake Tahoe hits all the right notes: the right lot, the right design and the right setting. It reflects a contemporary style that has been widely adopted in the community. The property at 9507 Wawona Court is located in Martis Camp, a

A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates have been holding at high levels for several weeks now, and that is taking its toll on homebuyers. The Mortgage Bankers Association reports the average contract interest rate

Millions of American children and teens are heading back to school this season. While much of their academic success can be credited to their parents, teachers, guidance counselors and educational materials, the importance of their home environment should not be understated. Whether a brand new kindergartener or a graduating class of 2024 senior, having the

Bob and Terri Wood, of Mobile, Alabama, with their grandson. Courtesy: Bob Wood Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also

If the U.S. is to turn around its critical dearth of rental housing units, experts are agreed adaptive reuse projects must be part of the answer. According to a new Adaptive Reuse Report from RentCafe, there is good and bad news on that front. First, the bad news. The number of buildings that underwent conversion

Tourists at the Bund on July 11, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged to ramp up measures to bolster China’s sputtering economy. Hong Kong’s Hang Seng Index surged more than 3%, China’s tech-heavy ChiNext rose 1.8% and the Shanghai Composite Index increased

The ancient Greek historian, Herodotus, is attributed with the quote, “The end is not obvious at the beginning.” Known as the “Father of History,” Herodotus was born in the year 484 B.C. in the city of Halicarnassus, or what is now modern-day Bodrum, Turkey. Were the historian miraculously able to once again visit this dazzling

A house is for sale in Arlington, Virginia, July 13, 2023.  Saul Loeb | AFP | Getty Images Home prices in May rose for the fifth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump in mortgage interest rates during the month.

Real estate investors looking to secure debt could face significant challenges due to today’s market conditions. As I mentioned in a previous article, bank failures and rising interest rates have led to a tighter lending environment. Borrowers may need to search far and wide for the financing they need and bring more of their own

Construction on a real estate project in Yantai, Shandong province, gets under way on July 8, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support. Beijing’s crackdown on the once-hot property market has focused on financial risks of

As you read this you may be experiencing one of the hottest days in history in your area or breathing smoke from a wildfire. These situations are more and more common, causing physical impacts, but also bringing process and design questions into discussion. Adaptation means taking on responsibility for those who live in dangerous areas.

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s housing ministry has announced plans to make it easier for people to buy property. The news, out late Thursday, indicates how different levels of government are starting to act just

Moving to a new home, whether it’s across town or across several state lines, can be an exciting time – but also a budget-busting experience. New homeowners (and apartment dwellers), often want new items in their new space, but can’t afford to spend funds on the cool, new stuff they need or desire. We’re starting