Real Estate

Experienced owners of commercial property understand that one of the most important decisions they must make after acquisition of an asset is the selection of a top-notch, highly experienced property management firm. Doing so helps ensure that a property is well-maintained, and also that it will appreciate in value over time. Anything less often leads

Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Mortgage application volume wasn’t as stellar as it was last week as rates climbed slightly, but it was still up across the board on an annual basis. Total mortgage applications were down 3.4%

Share to facebook Share to twitter Share to linkedin If you are buying multifamily real estate, you need to assemble the right team of industry professionals to maximize your investment. Calling in favors and utilizing family friends to satisfy the positions you need is not an ideal tactic for early stage investors entering the multifamily

A contractor stacks roofing materials while working on a home under construction at the Toll Brothers Bowes Creek Country Club community in Elgin, Illinois. Daniel Acker | Bloomberg | Getty Images The nation’s homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high

Selling a home can be an emotional, and sometimes overwhelming, experience for many people. It is a complex, multistep process that involves a lot of significant decision-making. This is why hiring the right real estate agent is one of the first and most important decisions most sellers make. According to the National Association of Realtors,

Israeli Prime Minister Benjamin Netanyahu speaks during a ceremony to unveil a sign for a new community named after U.S. President Donald Trump, in the Israeli-occupied Golan Heights June 16, 2019. REUTERS/Ammar Awad Ammar Awad | Reuters Israeli Prime Minister Benjamin Netanyahu on Sunday sent President Donald Trump a token of his gratitude for supporting

America should finish a job it started more than four decades ago: rebuild China. Help Beijing open up its economy to the rest of the world and bring prosperity to its people, that is. There was time China was a closed economy, experimenting with different socialist roads to prosperity. That was back in the 1950s,

A home mortgage sign on a Wells Fargo branch in Brooklyn, New York. Getty Images The mortgage application numbers this week just put an exclamation point on an already positive trend for mortgage lenders. Consumer demand for mortgages, both to purchase a home and to refinance, is way up, thanks to falling interest rates. Now lender

From communicating with tenants to staying on top of repairs, property management requires commitment and patience. When done right, it can be a wise and rewarding investment. However, as in every industry, mistakes happen—and they can end up seriously costing you. To find out more, we asked a panel of Forbes Real Estate Council members to share

Andrew Hetherington | Getty Images If you want to bring your home utility costs down, you may want to double-check your energy efficiency. If your air conditioner isn’t the right size, or your home does not have proper insulation or you still use incandescent lighting, you could be unwittingly ramping up your energy costs. The

Many have heralded opportunity zones as having the potential to be America’s largest economic development program. Over the last several months, the commercial real estate industry has been obsessed with the potential of opportunity zones, and with the recent release of additional regulations from U.S. Department of the Treasury, you can expect enthusiasm around the

Victorian homes and the downtown skyline in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Depending where you live, staying put in your home for the last two decades could be paying off well. As in really well. While the median nationwide home value is about 90% higher now than it was

Mortgage applications soared last week, but the nation’s largest mortgage lender has been posting record numbers for months. Quicken Loans, the home loan company based in Detroit, saw April and May origination volumes that proved to be the highest in the company’s 34-year history. CEO Jay Farner told CNBC Wednesday the jump resulted from greater

While the U.S. housing market continues its strong growth after the Great Recession, as evident by new home sales, it still has a problem: an aging housing stock. Approximately 52% of U.S. homes were built before 1980, and almost 40% prior to 1970. Many of these homes are in metropolises such as Washington, D.C., Philadelphia,

Consumers saw an opportunity last week and took it — in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 41% higher than a year ago. The average contract

Unconventional loans are making a comeback, allowing borrowers with undocumented income streams to achieve their dreams of homeownership. While there are many benefits brought around by this trend, it’s also important to consider the potential risks before determining if this method is the right fit for you. It’s no surprise that applying for a mortgage

There are a lot of misconceptions out there about what it takes to get a great investment property at the best possible price. In my experience, foreclosed properties have always offered the most house for the money. These purchases, however, are more complicated than buying a house from a private seller, and often not for

Antique USA map close-up detail: Los Angeles, California Getty Long before the last Los Angeles real estate bubble when real, inflation-adjusted house prices nearly tripled from 1997 to 2006 but then fell nearly in half by 2011… And long before the S&L bubble when real Los Angeles house prices fell over 40% from the peak

25 Mins Ago Two giant real estate deals were announced in New York City, sparking hope of a potential rebound in luxury Manhattan real estate but a closer look reveals there may be trouble on the horizon. Cody Vichinsky, co-founder of luxury broker Bespoke Real Estate, joins “Squawk Box” to discuss.

Barcelona, Spain Wikipedia Last month the regional government of Catalonia approved a controversial decree law to regulate the housing rental market. In order to address the rising price of rent, the measure introduces rent controls through an official reference index in those neighborhoods where rental prices are considered disproportionate or where there is a high demand

David Umanzor is an Uber driver in Washington, D.C. Part of the time he’s driving, he’s scouting properties for an investor, Daniel DiGiacomo, who has been flipping homes for a decade, but has never seen the market this tough. “With the prices as high as they are now, the margins on our flips are pretty

Opportunities for commercial real estate (CRE) owners and operators are flourishing outside of the largest U.S. metropolitan markets, such as New York and San Francisco. Investors exploring Memphis, Phoenix or Salt Lake City, among other cities in the Tier 2 real estate market, can earn strong returns by developing or purchasing and repositioning older properties.

The White House has invited some of President Donald Trump’s key allies in the business world to an event later this month in Bahrain intended to kick-start the administration’s long-awaited Middle East peace plan. The meeting is part of Trump’s effort to strike the “deal of the century” for Israeli-Palestinian peace. The Bahrain gathering will

“The open hand is blessed, for it gives in abundance, even as it receives.” Biddy Mason, Former Slave and Pioneering Entrepreneur At her death in 1891, Biddy Mason’s wealth was approximately $300,000 or about $7,000,000 in today’s dollars. More impressively, the land she owned in downtown Los Angeles is now worth hundreds of millions. Incredibly,

A cold storage warehouse in Jessup, MD. Diana Olick | CNBC The growth of e-commerce has increased demand for warehouse space exponentially, but one subset of that real estate sector is really heating up: Cold storage warehouses and distribution centers are suddenly in high demand thanks to new food delivery services like Peapod by Giant,

Share to facebook Share to twitter Share to linkedin ENGLEWOOD, CO – NOVEMBER 18: Denver Broncos Champ Bailey and his son Brayden smile for the cameras after his press conference to announcing his retirement as a Denver Bronco November 18, 2014 at Dove Valley. (Photo By John Leyba/The Denver Post via Denver Post via Getty

A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters Mortgage rates are falling fast but not enough to offset high home prices. Buyers are still pulling back. Total mortgage application volume increased 1.5% last week from the previous week and 12% from a year earlier, according to the Mortgage Bankers

When I think about the commercial real estate industry now compared to what the space looked like a mere five years ago, it’s night and day. The landscape we once knew has transformed tenfold, with the most recent wave of real estate technology (proptech) redefining an increasingly intricate market and the strategies used to navigate

A couple sits with a mortgage consultant in Miami. Getty Images Mortgage rates are falling unexpectedly and sharply, and that means millions more homeowners can now benefit from refinancing their loans. The average rate on the popular 30-year fixed has fallen from a recent high of 4.23% on May 21 to 3.94% now, according to Mortgage

Recently I sent a survey out to over 100 family offices, and it made two things obvious to me: The first is that family offices believe a real estate market downturn is coming in the next eight to 12 months, and the second is that family offices want to better understand where we are in