Real Estate

It’s a painful reality: The cost of homes is putting homeownership beyond the reach of a growing share of Americans. A new bill called The Neighborhood Homes Investment Act (NHIA) strives to address this problem, encouraging affordable home building and spurring renewal of distressed neighborhoods through the creation of a new tax credit. By supporting

Georgia has experienced absolutely staggering growth over the last 30 years. From a population of 6,478,216 in 1990, Georgia’s population has surged by 65.4%, reaching 10,711,908 in 2020. And where many other major cities saw a dip in population due, as of 2022, it reached approximately 10.9 million. This surge in population has been accompanied

NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for

According to a story posted in the Wall Street Journal on August 24, several owners of WeWork’s secured debt totaling $1.2 billion are holding what were called “preliminary talks about the company’s restructuring options and indicated that they would support a plan for WeWork to file for chapter 11 bankruptcy.” However, the creditors who include

With so many fluctuations in today’s market, securing the right tenant has become crucial—they will be a source of cash flow for your investment and losing one could lead to short-term or long-term losses. This means you’ll want to carry out solid research before presenting any leases. You’ll also want to make sure the terms

Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida.  Joe Raedle | Getty Images Mortgage rates jumped Monday, following a rise in bond yields driven by investors’ concerns that high interest rates and inflation

There are two product types that are gaining share within the built-for-rent single-family (”BTR”) space, being 1) horizontal apartment communities, and, 2) townhome communities. These are the two categories of BTR that are growing fastest, evidenced by the numbers of units reaching completion, and also based on our book of market study business. Of course,

High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% in the year up until June, maintaining its top ranking for the eighth consecutive quarter, according to a new report by Knight Frank. According to data

Had you perused the list of amenities in an upscale newer condominium building at the end of last decade, you might have seen mention of a business center or conference room. For that era, those were nice — but hardly make-or-break — amenity suite extras. In between then and now, a minor little blip called

Andreypopov | Istock | Getty Images Property taxes can be a major expense for households, and several factors may affect the size of the bill, research shows. These levies — which typically fund public services, such as K-12 education, police and firefighters — can be tough to compare across jurisdictions. But there are four key

Hurricanes, tornadoes and floods likely drive more headlines, but severe heat waves are actually the most dangerous weather events humans face. According to Scientific American, they’re deadlier than the other three hazards combined. There’s plenty of reporting about the effects extreme heat has on our bodies, and even on our mental health, but what about

Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years. Total mortgage application volume fell 4.2% last week, compared with the previous week, according

Just a few miles from the business district of Chester, New Jersey, is a bucolic property with 52 acres of preserved farmland. Its many antique buildings, including a five-bedroom main house with the original section dating back to the 1700s, have been expanded and updated to modern tastes. Called Black River Farm, the property is

A house is for sale in Arlington, Virginia, July 13, 2023.  Saul Loeb | AFP | Getty Images Sales of previously owned homes dropped 2.2% in July from June to a seasonally-adjusted, annualized rate of 4.07 million units, according to the National Association of Realtors. Sales were 16.6% lower compared with July of last year.

An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member or an inheritance in order to afford their down payment. This is according to a Redfin commissioned survey of recent movers conducted in Spring 2023. First-time homeownership has become increasingly expensive, which has shut the door to

In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT The headquarters of China’s developer Country Garden Holdings in Foshan, in China’s southern Guangdong province. STR | AFP | Getty Images Chinese real estate company Country Garden Holdings is set to be removed from Hong Kong’s Hang Seng Index on Sept. 4. The decision comes after the benchmark’s latest

Middlebury is paying students $10,000 to take the semester off. Other schools are housing students in everything from trailers to rooms at a casino resort—or leaving them to fend for themselves. By Alex Perry, Forbes Staff Priscila Sepulveda is set to begin her junior year as a film major at the University of California, Berkeley

A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage rates rose for the third straight week last week, matching a 22-year high. As a result, mortgage demand dropped as well. Total mortgage application volume was 29% lower than the same week one year ago, according to the Mortgage

Once you’ve found a property and have a vision for how you could add value to it, you’ll need to present your case to potential investors. If you’re working with a partner for this step, you’ll both be reaching out to a network that likely consists of family and friends. Ideally, you’ll have started sharing

Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers

Topline Chinese real estate giant Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday—a blow following years of financial struggle that helped ignite China’s ongoing property crisis. Key Facts The filing will allow Evergrande to protect itself and its assets in the U.S. while it works through a multi-billion dollar restructuring

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring

The costs to purchase a new home right now continue to escalate, putting it out of reach for much of the population, driving more households to stay in place and do what they can to maintain, repurpose and reimagine their homes. Many of the households currently on 15- and 30-year mortgage payment plans are at

For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on those regular paychecks to meet essential living expenses, with little to no money left over. Almost three-quarters, 72%, of Americans say they aren’t financially secure

With a history primarily defined by the transition from a Wild West mining town to a hub for scientific research and the tech industry, Boulder, Colorado, is at once rugged and refined. So, too, is the 2,200-square-foot residential loft, Seven Hundred Pearl. At first glance, the downtown Boulder home may look like your average big-city

Despite persistent predictions that a recession is imminent, the U.S. economy has fared surprisingly well. The first half of 2023 notched two quarters of positive growth, while a strong labor market and resilient consumer spending bodes well for the months to come. Gross domestic product, which tracks the overall health of the economy, rose more

Many of the 50 million Americans who suffer from allergies don’t realize that changes to their home environment can ease their discomfort. Most of the messaging they see – especially the countless advertisements – focuses on medication. There are other options, and they generally don’t come with potential health-related side effects. I interviewed three experts

Residential home construction by Shea Homes builders is shown in Encinitas, California, May 16, 2023. Mike Blake | Reuters Rising mortgage rates are hitting potential homebuyers hard, and that is taking steam out of the homebuilding market. Builder sentiment in the market for newly built homes dropped six points to 50 in August, according to

Tenant behavior in the office market, regulation in multifamily and a much higher cost of capital contributed to a 43% drop in New York City investment sales to $12.8 billion in 1H 2023 from 1H 2022, according to research compiled by Ariel Property Advisors. However, that drop was expected as we began to see a

Griffin House is a city-close home with a country feel. Set on a walled half-acre site, the historic residence is just outside central London in the village of East Sheen. Originally a coach house, the property has 80 feet of frontage, old-growth trees and a 180-foot-long garden—ample space for a sports court or swimming pool.