Stone Palace on the Hill estate in Saddle River, New Jersey Concierge Auctions A short drive from Manhattan yet worlds away from the hustle and bustle is a palatial mansion in Saddle River, New Jersey inspired by the iconic Winter Palace in St. Petersburg, Russia. Known as Stone Palace on the Hill, the sublime estate
Real Estate
Investing in a building requires the investor to do a little digging and to pay attention to the details. Older buildings can be potential treasure troves, but people need to look over the property critically, as not all old buildings are worth the investment of time, energy or funds. To find out more about what to watch
If you recently moved from your home and leased it out, or inherited a rental property, you’re in one of the largest demographics of real estate investors: accidental landlords. When it comes to leasing, the learning curve is a harsh one. I kept my first home as a rental property after I moved out and
A new report from the Federal Reserve paints a bleak picture of America’s retirement savings. Twenty/20 A friend recently texted me that she had spent her entire weekend obsessing over money. “I don’t know what kind of life I want to live, or what I want to save for, or even IF I want to
Share to facebook Share to twitter Share to linkedin One of China’s richest real developers has lost $2 billion of his fortune in the past two days following word of his detention in Shanghai. Wang Zhenhua was removed as chairman of Future Land Development Holdings after he was held by a district public security bureau
View of homes in San Francisco from Alamo Square park. hanusst | iStock Editorial | Getty Images Why buy a house in San Francisco when you can snap up something more affordable in New York? Bay Area tech workers are showing some sensitivity to the cost of housing in the region, according to a survey
Rendering of Artist Residency 3 World Trade Center Courtesy Silver Art Projects Silver Art Projects The cost of studio space has become an extreme barrier to entry for emerging artists, especially in New York City. Studio spaces are shrinking and struggling artists are forced further away from galleries, museums, and dealers, into neighborhoods that are
Potential homebuyers exit an open house in Redondo Beach, California. Patrick T. Fallon | Bloomberg | Getty Images After several weeks of volatility, mortgage rates calmed down, and that offered little incentive for homeowners or buyers to make a move. Total mortgage application volume was essentially flat last week compared with the previous week, according
Montage Residences Kapalua Bay is the only five-star resort in West Maui that offers homeownership opportunities. Courtesy of Montage Kapalua Bay Montage Residences Kapalua Bay, a five-star resort in West Maui in Hawaii, recently released a limited collection of three-bedroom residences. As Montage is the only five-star resort with an ownership opportunity on West Maui,
The AvalonBay Communities Park Loggia condominium, center, stands at 15 West 61 Street in New York, May 15, 2019. Mark Abramson | Bloomberg | Getty Images Sales of Manhattan properties jumped for the first time in a year and a half, but the good times aren’t likely to last. Real estate sales volume in Manhattan
This shows the comparison of a Tankless (gas) verses a Tank water heater. Photo courtesy of Rinnai The average household uses 64 gallons of water each day. According to the U.S. Energy Information Administration, with water heating the second largest household consumer of energy. A good solution being adopted by many homeowners is a tankless
The Cedars in Graeagle, Calif., was previously on the market for $55 million. It will be auctioned off July 16 to 19 with Concierge Auctions with no reserve. Concierge Auctions As the real estate market has slowed over the last year, luxury home auctions have seen incredible growth. But these estates and mansions aren’t being
The downtown skyline of Los Angeles, California. Frederic J. Brown | AFP | Getty Images Chinese home buyers last year ponied up much less cash in the U.S. as the trade war continues to escalate between the world’s two largest economies. As President Donald Trump and President Xi Jinping prepare to meet this week, there
Justice. Getty Often, when we think about bankruptcy, we picture someone getting all of their assets repossessed. However, that’s only on form of bankruptcy, Chapter 7. This article will cover Chapter 13 bankruptcy, which allows you to keep your assets and pay off your debts through a repayment plan. Read on to learn more about
David Auten and John Schneider were trapped in an hour-and-a-half car ride home. After spending a weekend in the Rocky Mountains with friends, the Denver couple were fantasizing about one day owning a vacation home. However, they soon realized that they were saddled with $51,000 of debt. Like many Americans, they said their spending habits
Virtual digital interface Getty As the saying goes, the devil is in the details. End users will never see the enormous logistics and coordination efforts that go into keeping buildings and indeed real estate portfolios operating seamlessly, but, without these, our user experience would quickly fall apart. There are many aspects to delivering a seamless
53 Mins Ago The Howard Hughes Corporation, which is an owner, manager, and developer of different types of real estate throughout the U.S., has hired bankers at CenterView to explore strategic alternatives that include a sale of the company, according to people familiar with he situation. CNBC’s David Faber reports.
AppFolio vice president Elliott Burris reports the leasing stage is where property management firms get their first opportunity to demonstrate customer service AppFolio It’s an all-too-familiar problem. Seeking an apartment, a renter spots an available unit in an online search. Eager to check it out, she requests information on a showing date. But her request
During the foreclosure crisis nearly a decade ago, investors plowed into the housing market, buying millions of distressed homes and turning some of them into lucrative rentals. They transformed the once mom-and-pop market of single-family rentals into a large-scale, formally managed asset class — and it is still growing, in fact faster than ever. Foreclosures,
The world is very different than it was 10, 20, 30 years ago. Businesses used to pour money into print advertising and marketing with few ways to determine exact reporting, ROI or the ability to effectively A/B test. That has changed drastically in the last decade with the emergence of online advertising. With innovative and
It’s almost as if falling mortgage rates are becoming hum-drum, at least for homebuyers. Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than a year ago, largely because lower mortgage rates are strengthening the refinance market. Rates have
Professional investors will be good for everyday homebuyers. Getty Investors are buying single family homes at record percentages according to a an analysis by CoreLogic®, a property data and analytics company. These all-cash buyers may be crowding out traditional homebuyers, who usually make offers subject to financing and sometimes subject to sale of their current
Home prices in April were 3.5% higher compared with April 2018, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is down from the 3.7% gain seen in March. The 10-City composite, however, began to gain again, rising 2.3% annually, up from 2.2% in the previous month. The 20-City Composite rose 2.5%
Climate change has created a huge demand for sustainable and resilient design and construction. Climate-resilient design focuses on the design of buildings, landscapes, communities and regions to respond to natural disasters and the effects of climate change, such as rising sea levels, increasing heat waves and regional droughts. For real estate professionals, climate-resilient strategies ensure
The two-story penthouse offers breath-taking views of Chicago’s skyline and Lake Michigan. Onni Group Chicago’s most expensive residential rental property is set to make its real estate market debut June 28 when LEVEL Furnished Living, a division of Onni Group, will list the two-story penthouse for an envy-inducing $45,000 a month. The sprawling three-bedroom, four-and-a-half-bath
It may not feel like it, but China and the U.S. are in the midst of a cold war. According to a CNBC report, the global technology sector is completely dependent on 17 rare metals that are mostly mined in China. Now the Chinese are hedging about supply. It’s what countries do when they are at war.
Cleveland is the most affordable metro area where couples can throw weddings and also cover the down payments on their first homes. Getty From the day many couples say “yes” to the moment they say “I do,” the clock is ticking on paying for a wedding and buying their first home. In the past year
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have. Home price gains had been
The mixed-use River Landing development in Miami is emblematic of the growth of the new Florida. UrbanX Group “Florida is America’s Australia,” goes the set-up line for a well-worn Florida joke. But the laughs are increasing at the expense of anyone short-changing Florida and the steadily growing economic might the Sunshine State is delivering to
A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington, March 19, 2019. Leah Millis | Reuters The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. And rightfully so. After the Fed raised the federal funds rate nine times in three years, with the last
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