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
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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
Los Angeles home prices aren’t the only thing hitting new heights these days. Even condominiums—long an afterthought of L.A.’s housing market—are now seeing prices soar upwards, matching the recent appetite for single-family homes. On the heels of Matthew Perry’s sale at the Century Tower, the Presidential Penthouse at The Wilshire, one of the most exclusive
Many things have been in short supply during the coronavirus crisis, and that includes housing. When the country went into lockdown, Americans were on the move. The sudden shake up caused a spike in home prices. Even now, potential buyers continue to be shut out of the housing market as prices head higher and higher.
Horse ranches, expansive estates, premier vineyards, and boutique wineries define California’s Santa Ynez Valley. Located over the San Marcos Pass about 26 miles from downtown Santa Barbara, the rolling hillside landscapes of the region are dotted with vineyards, olive trees, Scrub oak, and early California-style architecture under impossibly blue skies. A population of around 23,000
Getty Images Amid the recent real estate bull market, one fact has been often overlooked: More than half of home ownership growth over the past decade has come from the Latino population. That trend is expected to continue. A study by the Urban Institute forecasts Latino buyers will comprise 70% of home ownership growth from
The weather is warm and the water is calling. From a French apartment with a private pool to a riverfront home in Florida, these properties are sure to make a splash. Mansion apartment with private pool Location: Lyon, Auvergne Rhone Alpes, France Price: $2.195 million This six-room, 2,066-square-foot apartment sits in a restored 19th-century mansion.
British designer Thomas Heatherwick is designing Google’s new buildings in California and London. Getty In 2012, British designer Thomas Heatherwick found himself having dinner with Google co-founder Larry Page at the billionaire’s house in California. Page wanted to discuss the future of Google’s sprawling headquarters in Mountain View, as well as some of the company’s
The real estate industry is a highly competitive market. Deciding what properties are worth your investment can be difficult, especially for newer investors. Thankfully, with the current technology and digital tools available to real estate professionals, the value assessment process is easier than ever before. That’s why a panel of Forbes Real Estate Council members
The Covid-19 pandemic certainly accelerated e-commerce, from groceries to household goods, and now you can even buy a new construction home fully online. Two major public homebuilders, Taylor Morrison Home and PulteGroup, recently piloted programs in which buyers can choose, design and finance a new home virtually and just put it in their shopping cart.
Sydney Australia’s Eastern Suburbs—located east of Sydney and extending to the coast—continue to attract interest from buyers worldwide, with an increasing segment coming from the United States. Once Australia’s strict travel restrictions (currently a 10-day compulsory hotel quarantine when entering Australia) are relaxed Ken Jacobs of Sydney-based Private Property Global expects a boom in sales.
A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters Mortgage rates rose last week, along with demand for refinances. That may sound counterintuitive, but it speaks to the larger picture of where mortgage rates are heading. Applications to refinance a home loan rose 3% last week from the previous week,
As an aspiring investor in the real estate industry, you might be hesitant to commit to your first investment. You don’t want to put all your eggs in one basket, especially right away. There are many factors to consider before investing in a property or housing opportunity, and it’s important to start slowly before diving
Sales of existing homes dropped for the fourth straight month due to a very low supply of homes on the market. Existing home sales fell 0.9% in May from the previous month to a seasonally adjusted annualized rate of 5.8 million units, according to the National Association of Realtors. That is the fourth straight month
This traditional Spanish-style villa in the town of Rocafort in Valencia, Spain, looks as though it rose from the mass of rocks below. In fact, stones extracted from the property between the 14th and 16th centuries were used to construct landmark buildings in the nearby city of Valencia. The lower portion of the property displays
Resident works with desk top computers and laptops at Google Inc.’s tech campus at East London’s Tech City. Bloomberg | Bloomberg | Getty Images LONDON — Google is closing its dedicated start-up space in London known as Campus. The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in
If you’re planning to stay home this summer or just taking local trips, an online marketplace called The Nopo might just satisfy a bit of your wanderlust. While shopping online doesn’t exactly expose you to the same sights, sounds, and tastes, this platform allows consumers to purchase a variety of items including home decor, rugs,
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images The Federal Reserve’s new forecasts on interest rates and inflation don’t amount to much for investors and consumers, especially in the short term, according to financial advisors on CNBC’s FA Council. The Fed on Wednesday sped up its timeframe for raising
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