Real Estate

While most oceanfront hotels are known for traditional beach style with seashell decor and lots of kitsch, Tower23 in San Diego couldn’t be a more unique getaway. This modern hotel appeals to tourists, surfers, or simply anyone who needs a chic retreat in the area. Located in the Pacific Beach neighborhood, it has the vibe

As many as one third of 40 Chinese property developers rated by Fitch Ratings could suffer a cash squeeze in a severe scenario where home sales revenue drops by 30% next year, says the ratings giant. “The longer the stresses on China’s property sector last, the greater the risk of a loss in consumer confidence,”

Migrant workers build a scaffold at the construction site of Huayang Commercial City Phase II in Huai ‘an City, east China’s Jiangsu Province, Feb. 7, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — China’s struggling real estate developers face a growing number of repayment deadlines in the next few months. Real estate giant

Is the pandemic causing a major reshuffling of America’s population?  Although we’re seeing some movement,  we are at an historic low for household relocations.  The bigger population story is lower immigration. The relocation theme was recently sounded by one of our leading urbanists, Richard Florida.  Linking to a report from the National Association of Realtors, Florida tweeted that the report provided

A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The already competitive housing market is getting even more so, and that is now cutting into mortgage demand. Even a small drop in interest rates couldn’t bring more buyers in, although it did boost refinance demand

Innovation districts emerging across the country and the world are in part a recognition close physical collaboration can fuel creativity. Placing innovative-minded folks together in a tight urban cluster devoted to inspiration, imagination and inventiveness is sheer genius. It can foster the kinds of formal and informal connections that spark great ideas. Ask random respondents

Attendees crowd an aisle on the trade show floor during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Jan. 6, 2015. Steve Marcus | Reuters Canceled Broadway shows. Shuttered restaurants. Lines of people wrapped around the block at walk-in medical clinics. Businesses sending their employees home. It sounds like a flashback to March

In yet another tale of overnight success, Brooklyn neighborhood Dumbo has shot to fame with tourists and home buyers alike, just 235 years after it came into existence. The enclave whose acronym stands for Down Under the Manhattan Bridge Overpass started as a village called Olympia; later became part of the Parish of Brookland; and

In this article WRBY W M DKS DG BIRD A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Wayfair sees a chance to make a pivotal move. The furniture and home goods retailer plans to open three stores in Massachusetts next year. Chief Marketing Officer Bob Sherwin said low

While giving birth is hardly glamorous, iconic fashion and lifestyle brand Lilly Pulitzer seeks to change this with a recently revealed a VIP birthing suite at Good Samaritan Medical Center, which is part of The Palm Beach Health Network. Lilly Pulitzer’s own granddaughter was born at Good Samaritan so it only makes sense to pass

Nestled at the base of the Sandia Mountains, this magnificent house was built in 2007 by Michael Sivage of Sivage Homes, a well-known builder in the state. On a 2.76-acre lot within the private gates of the Tanoan Country Club and golf course, the house measures 13,000 square feet, with five bedrooms and six full and two

Construction materials for a new home being built by CastleRock Communities in the Sunfield neighborhood of Buda, Texas, U.S., on Wednesday, Nov. 10, 2021. Matthew Busch | Bloomberg | Getty Images At some point the price is just too high. That may be increasingly the case for potential buyers of newly built single-family homes. Sales

Existing home sales increased by a modest 1.9% in November, once again pushing prices higher and squeezing inventory, according to the National Association of Realtors. The median existing-home price for all housing types in November was $353,900, up 13.9% from November 2020 ($310,800), as prices increased in each region, with the highest pace of appreciation

HOUSTON, TEXAS – AUGUST 12: A newly sold home is shown on August 12, 2021 in Houston, Texas. Home prices have climbed during the pandemic as low interest rates and working from home has become more abundant. Home prices around the country continue to surge in the second quarter as strong demand continues to overwhelm

In a past Forbes article, we looked at the richest counties in every state in the United States. This time around, we’re looking at the straight-up richest counties in the U.S. regardless of states. The richest counties in the U.S. geographically tend to fall in the Northeast, states surrounding Washington D.C., and the West Coast.

A for rent sign advertising a row house in northeast Capitol Hill, is pictured on Monday, August 26, 2019, in Washington D.C. Tom Williams | CQ-Roll Call, Inc. | Getty Images  Demand for single-family rental homes is so strong that rents have nowhere to go but up, and they are rising at an increasingly fast

El Molino, which means ‘The Mill,’ is one of the oldest historic homes in Montecito, California. Originally founded as an olive crushing mill to produce olive oil, olive oil soap and olive oil candy (known for its medicinal use,) the mill was closed in 1905 to become a residential estate. El Molino became an icon

Image Source | Getty Images Fast-growing prices in the housing market, as well as low interest rates, are enticing more investors to buy homes, renovate them quickly and sell them for a profit. But while home flips are rising and investors are expecting growing returns, the profits are falling. Close to 95,000 homes were flipped

Another year is nearly in the books, and what a year it was! In one word, 2021 was “gangbusters” for the New York City real estate market. Almost every metric met or exceeded record levels at one point or another this year, as the momentum that had started in late 2020 snowballed into an avalanche

Bloomberg | Bloomberg | Getty Images It looks like it’s going to be another competitive year for homebuyers in 2022. While the market isn’t expected to be as frenzied as this past summer, prices are still predicted to rise. Zillow is forecasting 11% home value growth in 2022, down from a projected 19.5% in 2021.

Dutch Colonial homes are so called because the style originated from American settlers hailing from the Netherlands in the early- to mid-1600s. The giveaway feature is the broad, double-pitched roof that changes angles midway to slope nearly straight down. This gambrel or barn roof allowed attic to be used as living space. A newly constructed

A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois. Getty Images The beleaguered department store chain Sears is considering a sale or a redevelopment of its massive corporate headquarters in suburban Chicago, as its retail footprint keeps dwindling. Transformco, the parent company of Sears and Kmart, said the

It’s hard to say how many prospective first-time home buyers people have struggled to buy a home in the current housing market with high demand, low inventory and multiple buyers competing for the same property, making it feel impossible to achieve the American dream of homeownership. The good news is Zillow has announced a partnership with Down

Getty Images While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this year thanks to Covid-19-related government policies. That’s according to the federal Financial Stability Oversight Council, which released its annual report for 2021 on Friday. The council was created by legislation

In this article COLM CLBK The days of rock-bottom rates are nearly over. The central bank will aggressively unwind last year’s bond buying sooner than originally planned after recent reports on inflation continued to show a sharp rise in prices. While the Federal Reserve said Wednesday that interest rates will stay near zero for now,

When Eddy recently opened its third Los Angeles, Calif.-area co-living community, Eddy East Hollywood, the buzz centered on the company providing a cost-effective option for young Angelenos and LA transplants hard-pressed to find affordable apartments. But despite the fact Eddy East Hollywood opened at the start of the 2021-22 academic year, many overlooked a key

Homes in Elgin, Illinois. Daniel Acker | Bloomberg | Getty Images American homeowners are house rich, sitting on a record amount of home equity. Taking advantage of all that extra cash, however, becomes more difficult as interest rates rise. Soaring housing demand over the past year and a half, driven in large part by the

The New York Design Center conducted a poll of over 40 interior designers across the United States, who found that, post-pandemic, we will continue to invest in our homes. Designers determined that, though the real estate market is inflated, 79% of people are still spending money to renovate the homes they purchased. “We’re seeing clients

MBPROJEKT_Maciej_Bledowski | iStock | Getty Images For retirees searching for investment income and protection from inflation, one solution may be real estate investment trusts. REITs, as they’re called, are companies that own and/or operate properties like office buildings, shopping malls, apartment complexes and warehouses. While they do come with more risk than some other income-producing

The pandemic ignited a home-buying frenzy as the decade-long housing shortage converged with historically-low mortgage rates, shifting workplace dynamics and new opportunities for young buyers to pursue their first homes. As we near the end of 2021, here’s a look at the expectations of real estate experts for 2022. Danielle Hale, Realtor.com chief economist: We