Real Estate

In true pioneer tech fashion, 20 modernist 3D-printed homes are rising in Desert Hot Springs, California, about 10 miles north of Palm Springs. Three of the four-bedroom residences, which include accessory dwelling units, have recently been listed at $995,000 each. The homes, sited in a 22-acre gated community of hilltop dwellings, are expected to be

The ancient Greek historian, Herodotus, is attributed with the quote, “The end is not obvious at the beginning.” Known as the “Father of History,” Herodotus was born in the year 484 B.C. in the city of Halicarnassus, or what is now modern-day Bodrum, Turkey. Were the historian miraculously able to once again visit this dazzling

This is shaping up to be the hottest summer on record, with triple digit temperature spikes around the nation. That spells extreme health and safety risks for people who work outdoors, as well as for those who run, cycle and hike or, sadly, find themselves homeless. According to the Centers for Disease Control, those most

Real estate investors looking to secure debt could face significant challenges due to today’s market conditions. As I mentioned in a previous article, bank failures and rising interest rates have led to a tighter lending environment. Borrowers may need to search far and wide for the financing they need and bring more of their own

We’re on track for this to the hottest summer on record – and July 2023 has already been the hottest month so far. It appears that this is the new normal for summers, and it’s changing how we prepare for, cope with, and try to mitigate soaring temperatures. In fact, we decided to include items

“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before the interest rates went up even more,” says Robert Shiller, professor of economics at Yale University. Bloomberg | Bloomberg | Getty Images A decade-long rally in U.S. home prices could

China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy. Str | Afp | Getty Images China is ramping up measures aimed at boosting its economy ahead of

A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government

Tourists at the Bund on July 11, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged to ramp up measures to bolster China’s sputtering economy. Hong Kong’s Hang Seng Index surged more than 3%, China’s tech-heavy ChiNext rose 1.8% and the Shanghai Composite Index increased

Construction on a real estate project in Yantai, Shandong province, gets under way on July 8, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support. Beijing’s crackdown on the once-hot property market has focused on financial risks of

A house is for sale in Arlington, Virginia, July 13, 2023.  Saul Loeb | AFP | Getty Images Home prices in May rose for the fifth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump in mortgage interest rates during the month.

The Federal Reserve raised the target federal funds rate by a quarter of a point on Wednesday, in its continued effort to tame inflation. In a move that financial markets had completely priced in, the central bank’s Federal Open Market Committee raised the funds rate to a target range of 5.25% to 5.5%. The midpoint of that

Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Mortgage rates didn’t move at all last week, and are still sitting near a recent high. With home prices continuing to rise, that pushed more potential homebuyers to the sidelines. Total mortgage application

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for the first time in four decades. As interest rates climb, economists say financial conditions are headed back to being more normal. related investing news Stocks,

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s housing ministry has announced plans to make it easier for people to buy property. The news, out late Thursday, indicates how different levels of government are starting to act just

Fitness meets interior design. Lily Glass Photography Most boutique fitness studios in Los Angeles have pretty standard builds. They’re clean, have a calming vibe, and are contemporary or modern in terms of design. However, there’s nothing really remarkable about the aesthetics. Enter Paris Pilates, which opened in spring 2019. Located in the trendy Silver Lake

Mall of America, Minneapolis, MN. Sanford Stein Triple Five Group, the owner of the Mall of America, has put up Minnesota’s signature retail destination as collateral in a high-stakes gamble on a big dream. Specifically, the American Dream, a new mega-attraction near the New Jersey Meadowlands sports complex. City officials in Bloomington MN, where the

The living room of North Lake Tahoe’s “Elevation,” with panoramic lake views. Photo-tecture As the Tahoe luxury real estate market remains red hot, it’s always nice to find a relative bargain at the top. “Elevation 6229” is a unique elevated lakefront home in Tahoe Vista with an intriguingly creative design aesthetic, both inside and out

The Long Island City skyline from across the East River on September 19, 2017. (Photo by LUDOVIC MARIN / AFP) (LUDOVIC MARIN/AFP/Getty Images) AFP/Getty Images If Long Island City, N.Y. needed Amazon, you wouldn’t know it from continued robust development, sales and leasing momentum just across the East River from Midtown Manhattan. For many years

Signage is seen at the entrance of the WeWork offices on Broad Street in New York. David ‘Dee’ Delgado | Bloomberg | Getty Images It’s 2019, and a $47 billion company is going public with an all-male board of directors. WeWork’s parent known formally as the We Company disclosed who comprises its board in an

A builder uses a saw as he works on the roof joists of a new residential home. Chris Ratcliffe | Bloomberg | Getty Images The nation’s homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes. They are still not, however, building enough homes to meet demand. That has

Getty Images These people smelled a rat — and saw a bunch of them too — in Baltimore County, Maryland, apartments owned by the family of President Donald Trump‘s son-in-law. Weeks after Trump ignited a firestorm of controversy and accusations of racism by calling the Baltimore-area district of Rep. Elijah Cummings “a disgusting, rat and

Mortgage rates have been falling sharply over the last three months, which should be a major positive for the housing market, but so far reaction has been muted in both home sales and new home construction. The CEO of a major U.S. homebuilder says it’s all about confidence. “I’ve always maintained over the years that

Construction site in Hong Kong Getty As we’ve seen in a previous article, the Construction Tech (ConTech) market is huge and filled with low-hanging fruit for the technologically savvy contractor or client to pick. Though there are seven areas in the construction value chain that could (and are starting to) benefit from the advent of

A real estate agent readies a house for viewing in Venice, Calif. Anne Cusack | Los Angeles Times | Getty Images Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. The housing market is simply too pricey, and consumers are starting to worry about the economy and their personal

As the market is starting to suggest, we’re likely heading for a downturn. For the real estate industry (that only recently stopped licking its wounds from the Great Recession), this is surely a constant on all minds, especially those of us in brokerage leadership. How bad will this recession really be? I find that it’s

The homeownership rate of black Millennials stands at 13 percent compared with 37 percent for white Millennials. Adobe Stock For many black households, the housing crisis never ended. While 73.1 percent of white Americans owned homes as of the second quarter of 2019, a record low of 40.6 percent of black Americans had achieved homeownership

This house has triple pane casement Casement windows by Marvin Windows and Doors.. Photo courtesy of Marvin windows It is estimated that 40 percent of the United States energy consumption is used for heating and cooling buildings as well as 75 percent of the electricity.  One of our main concerns in building a house should

Borut Trdina | Getty Images Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington. Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report. TIGER 21, a group of

This home in Sonoma, CA was designed and built with a steel frame and modular construction by Connect Homes for a women who wanted to age in place. It has many Universal Design features. Photo courtesy of Joe Fletcher Photography for Prefabulous Small Houses published by Taunton More and more people today are building houses