Bay area buyers are flocking to Lake Tahoe as the summer season officially kicks off. Jeff Brown, owner and general manager of Tahoe Mountain Realty, has lived and worked in Tahoe for 26 years. “The market here is red hot and shows no signs of mellowing out. As of now, demand is equal to the
Real Estate
A for sale sign sits outside a house in Miami Beach October 22, 2009. Carlos Barria | Reuters Mortgage demand fell for the second week in a row, as low inventory and high home prices continue to weigh on the housing market. Mortgage applications decreased 1.8% last week, according to the Mortgage Bankers Association’s seasonally
It has never been easy to get prospective buyers to close on a real estate listing. Thanks to the internet, the task seems more difficult than ever. The market is rife with window shoppers and indecisive house hunters, making it a sometimes overwhelming challenge to get them to commit. While window shoppers can present a
A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | Getty Images The pandemic-induced housing boom may not be over quite yet. Despite recent months of softening sales, buyers came back remarkably strongly in May. Pending home sales, a measure of signed contracts on existing
Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. During my career in affordable housing, I’ve heard many times that insufficient legal protections for tenants are the root cause of the affordable housing crisis. Recently, I’ve encountered more pushback along these lines — with some taking umbrage to
Signage is seen outside of The Trump Building in New York City, New York, U.S., June 28, 2021. Andrew Kelly | Reuters The Trump Organization has been told to expect that criminal charges will be filed by Manhattan prosecutors against the company belonging to former President Donald Trump as early as Thursday afternoon, NBC News
Casa Garita, a luxury residence set in the inland Mexico state of Guanajuato, holds more than a few surprises. The property is hidden behind a modest door on a street of historic homes in San Miguel de Allende’s lively Centro district. A step off the cobblestone and across the threshold reveals an elegant courtyard enveloped
Robotic arm taking a cardboard box in a warehouse onurdongel | E+ | Getty Images As retailers’ beef up e-commerce operations and invest in faster delivery for customers, the appetite for warehouse space is rocketing higher, according to a new report. This year, demand among mass merchandisers for logistics facilities to store inventory and pack
NBA great Kevin Garnett has sold his unfinished mansion in Malibu for $16 million. At the center of the 7-acre ocean-view compound is an 11,000-square-foot home in the process of being built. A gated driveway circles the entire property and leads to a large motorcourt at the front of the house. Plans, permits and Coastal
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images Manhattan real estate prices reached an all-time high in the second quarter, as buyers returned to the city and boosted demand for the largest, most expensive apartments, according to
The arrival of July 1 marks the end of one of the most remarkable quarters in New York real estate history. Every week since February has seen more than 30 contracts signed at $4 million and over, the most extraordinary run since before the 2008 recession. And it’s not just, or even primarily, these larger
A demonstrator at a June 30 Cancel Rent and Mortgages rally in Minneapolis. Brandon Bell | Getty Images The nation’s mortgage servicers are gearing up for the biggest wave of delinquent loans since the subprime mortgage crisis, but this time they say they are ready. The first wave of borrowers to enter the government’s coronavirus
Built like The Rock—but with an accent forged on Staten Island—Marc Lore fills nearly every pixel of his Zoom screen as he unpacks a $10 billion moonshot: a “city of the future” that would one day house 5 million people in the Nevada desert. Or maybe in Texas, Arizona, or somewhere in Appalachia. We’ll see.
A for sale sign is seen near a house for sale in South Pasadena, California. Frederic J. Brown | AFP | Getty Images The epic housing shortage that began before the pandemic and then was exacerbated by it may finally be starting to ease up. More supply is suddenly coming on the market, which will
If the name Oliver Trevena sounds familiar, it’s because he’s developed quite the name for himself as an actor and entrepreneur. In the public eye since the age of four, he was born and raised in East Sussex, England. Trevena became a child star performing in plays such as A Midsummer Night’s Dream, The Nutcracker, and Oliver. Since then,
In this article AXP A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York on April 18, 2021. Raychel Brightman | Newsday LLC | Newsday | Getty Images American Express has two new fintech partners it’s sending customers to
The latest news from Miami’s 391-unit Aston Martin Residences is this week’s reveal of the properties at the very top of the 66-story building. A collection of seven single-floor penthouses, plus the building’s ‘crown jewel’—a three-level condo with one of Miami’s highest condo asking prices—are all available for sale as of this week. The single-floor
About 2 million homeowners are still in some type of mortgage forbearance amid the health and financial fallout brought on by the Covid-19 pandemic. While the U.S. government extended the foreclosure moratorium through July 31, the Consumer Financial Protection Bureau isn’t planning to put any further bans on foreclosures in place. Instead, to help homeowners
As life finally gets to some semblance of normality, it’s fair to state we’ve collectively become more aware of the importance of health and wellness due to the pandemic. This goes far beyond standards like home gyms, mud rooms and hand washing. Rather, it’s about creating an environment at home that’s part of a holistic
A building in Massachusetts where some tenants are not paying rent. Source: Howard Simon The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium was welcome news for tenants but another nail in the coffin for some struggling landlords. Groups representing landlords had been lobbying hard to end the moratorium and now
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