Real Estate

Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic,” Claudia Buch, vice-president at the

Home prices hit an all-time high of $359,975 in the four-week period ending November 21, according to a new report from Redfin, a technology-powered real estate brokerage. This was up 14% year over year, the largest increase since early September. Prices have risen in the past month nearly four times faster than they did at the

Aerial view of 3030 Meadow Lane in Weston Florida at twilight. Daniel Petroni This 12,323-square-foot mansion recently hit the market with a $14 million price tag, making it the most expensive listing the city of Weston, Florida, has ever seen. The 27-square-mile city is about 31 miles northwest of Miami in the western-most part of

Where buyers go shopping for a home shifted during the onset of the coronavirus pandemic given the rise of remote work as well as affordability concerns. For many Americans, the change could have lasting implications. As employers firm up future work plans to include flexibility and give many Americans confidence in buying a home farther from

How bad is this nation’s homeless crisis? Two startling statistics bring it all home. Only 4 million housing units exist for the 10.8 million renter households with incomes below the poverty line or 30% of area median income (AMI). Seven in 10 of those households spend more than half their incomes on rent in the

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. Raychel Brightman | Newsday LLC | Newsday | Getty Images Higher prices are almost everywhere. Americans are paying more these days for products like food and gasoline, thanks to

Her heart might be in Havana, but Cuban-American singer-songwriter Camila Cabello has been living a beautiful life with her best friend and now former partner, Canadian singer Shawn Mendes, in a Hollywood Hills home that has everything, including a recording studio.  She recently put her home on the market for $3.95 million. Though together for

Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Sales of previously owned homes in October rose 0.8% to a seasonally adjusted annualized rate of 6.34 million units, according

YinYang | E+ | Getty Images Do new college graduates need to work with a financial advisor? Based on the number of financial subjects they don’t understand, according to advisors, the answer is yes. “The first thing [new grads] don’t get is that they qualify to work with an advisor,” said Katelyn Bombardiere, certified financial

If you’re going to splurge on a gift for a family member or friend, yet another bottle of wine, cashmere scarf or wallet simply won’t do. A gift for the home, kitchen, or something that can elevate an everyday experience will be far more meaningful. Whether it is an original piece of art, a well-designed

In this article 136-HK 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande is set to raise about $273 million by selling its remaining shares in film production and streaming company HengTen Networks, according to a filing released

While many methodologies are used to close a sale, there is perhaps no more valuable tool than personal experience—-it’s much easier to speak to a product’s strengths if one has an intimate knowledge of it. That’s why car salespeople are encouraged to take what’s on the lot out for a test drive or why sommeliers

Victor F. “Trey” Trahan III, FAIA, the founder and CEO of Trahan Architects, has been selected as this year’s Laureate of The American Prize for Architecture by both The Chicago Athenaeum: Museum of Architecture and Design and The European Centre for Architecture Art Design and Urban Studies. Trahan Architects is a global architecture firm with

Since buying the Tampa Bay Lightning in 2010, Jeff Vinik has looked to transform downtown Tampa. The NHL team has improved on the ice, winning the 2020 and 2021 Stanley Cups, and he has spearheaded a more than $3.5 billion real estate development. While Vinik told CNBC’s Diani Olick that he is “no commercial real

The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. Tyrone Siu | Reuters BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday. Evergrande was

The La Jolla home of one of the most recognizable voices in sports broadcasting, the late Dick Enberg, has found a buyer for $7 million. Enberg and his wife, interior designer and philanthropist Barbara Hedbring, built the Mediterranean-style house in 2004, and she filled it with architectural pieces — many scoped out while on trips

Since the Supreme Court ended the Centers for Disease Control and Prevention’s Covid-19 eviction ban on August 26, more Americans in bigger cities have found themselves out of house and home. This is according to numbers found on website Eviction Lab, which tracks eviction filings where they are available on a weekly basis. Considering eight

Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Rising mortgage interest rates continue to take their toll on demand, especially in the refinance market. Total mortgage application volume fell 2.8% last week compared with the previous week, according to the Mortgage

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, May 5, 2021. Octavio Jones | Reuters Higher prices and longer wait times do not appear to be turning buyers away from the nation’s homebuilders. With demand still surging, homebuilder confidence in the

Topline While investors have shied away from China given the country’s recent regulatory crackdown—and especially the troubles in its real estate sector—global asset manager T. Rowe Price says that the near-term volatility creates an “attractive” investment opportunity going into next year. Key Facts Globally, investors have been finding it much easier to invest in companies

skynesher | E+ | Getty Images A lawyer may be your first call when you decide you want a divorce, but a financial advisor should be your second. In many cases, a divorce has more impact on a person’s current and future financial well-being than any other event in their lives. Sound financial planning may

Privately tucked away on a country lane that meanders off of Sunset Boulevard in Los Angeles is a small community of 16 secluded homes that has attracted world-famous politicians, actors and industry leaders.   One house on the sparsely populated lane was previously the home of former California Governor Arnold Schwarzenegger and his ex-wife, journalist Maria

CHUNYIP WONG | iStock | Getty Images As the struggles for renters continue, at least eight states and more than 20 cities have policies in place to keep families protected from eviction. Even as the country pulls out of the pandemic, more than 15% of adult renters still report being behind, with as many as

Source: Douglas Elliman Pent-up demand, a roaring stock market and extremely low interest rates are melding together to create a record-breaking luxury real estate market in Manhattan. “Leading up to the pandemic, the high end of the market was the weakest segment of the market. However, since the end of the lockdown, it’s inverted –

Frederic J. Brown | AFP | Getty Images For Stacey Foley, refinancing her mortgage was a no-brainer. After paying roughly 4.25% in interest on her existing home loan, refinancing at 3.25% with limited closing costs has saved her $200 monthly. “Two hundred dollars doesn’t sound like a lot of money, but over a year it

PeopleImages | Getty Images In a sizzling housing market, some military families using VA loans are struggling to buy homes, real estate experts say. VA loans, mortgages partly guaranteed by the U.S. Department of Veterans Affairs, financed 14% of home purchases from July 2019 to June 2020, according to the National Association of Realtors. The

Only 28% of Manhattan office workers are back at their desks and fewer than half will return by January, according to a new survey. Employers expect that 49% of office workers will return on an average weekday by January, according to a survey of 188 big employers in Manhattan by the Partnership for New York

During the Covid pandemic, home prices have shot up nearly nationwide while household income fell. As a result, homeownership became out of reach for many would-be buyers. However, affordability was a growing problem well before 2020 and the start of the pandemic. In the last decade, the median home price rose roughly 30% and incomes

As with much of London, the streets and structures of London neighborhood, Belgravia, are rich with a storied history—but while many can boast noteworthy pasts of royalty and nobility, none perhaps has quite as auspicious a future.  Initially developed in the 19th-century by Marquess of Westminster, Robert Grosvenor, Belgravia’s noble roots have remained a through-line—several

A premier plot on the iconic Palm Jumeirah in Dubai has sold for a record-breaking AED 70 million or about US $19 million – signaling a solid finish to an already strong year for the luxury real estate brokerage Driven Properties. “Luxury real estate was always in high demand in Dubai, but this year it