Real Estate

When he’s not managing scandals at his alma mater, Rick Caruso manages his portfolio of Southern California real estate, which includes LA’s popular Grove shopping center. © 2018 Ethan Pines Billionaire real estate developer Rick Caruso finds himself in an uncomfortable position this week. The University of Southern California, where Caruso is chair of the
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Mortgage interest rates are now decidedly lower than a year ago, and home shoppers are buying in, but most are wealthier consumers purchasing more expensive homes. Total mortgage application volume rose 2.3 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was essentially flat compared with the
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For decades now, Silicon Valley has been considered the center of the tech world when it comes to innovation.Propy Major brands including Uber, Lyft, Slack, Pinterest, and Airbnb are predicted to IPO this year which could result in new wealth, not only for cities where these companies are headquartered but surrounding cities as well. The
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Greystone is a majestic mountain estate with Old World influences in Park City, Utah.Summit Sotheby’s International Realty Nestled among the mountains in Park City, Utah is a majestic estate that’s secluded on 12 acres yet close to everything. Aptly named Greystone, the one-of-a-kind architectural masterpiece is hitting the market with a $10,750,000 asking price. The
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U.S. homebuilding increased more than expected in January as construction of single-family housing rebounded after four straight monthly declines, but building permits for these units fell to the lowest level since mid-2017. Housing starts jumped 18.6 percent to a seasonally adjusted annual rate of 1.230 million units in January, the Commerce Department said on Friday.
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DeepMind’s new office.DeepMind DeepMind is moving out of Google’s U.K. headquarters and into a large new London office. The artificial intelligence lab, which was acquired by Google in 2014 for around £400 million, will move into a new building in King’s Cross at some point in 2020. It will include a double helix staircase, a lecture theatre,
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Share to facebook Share to twitter Share to linkedin This house on Vashon Island in Washington State is 1750 SF and built with SIPs and a timber frame by FabCab architects. It was built to high levels of efficiency and certified by Built Green-3 star rating.Photo curtesy of Dale Lang for Prefabulous Small Houses published
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U.S. construction spending unexpectedly fell in December as investment in both private and public projects dropped, further evidence the economy lost momentum at the tail end of 2018. The Commerce Department said on Monday that construction spending declined 0.6 percent after an unrevised 0.8 percent increase in November. Economists polled by Reuters had forecast construction
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Share to facebook Share to twitter Share to linkedin McLaren driver Fernando Alonso of Spain, center, celebrates flanked by Mansour Akram Ojjeh prior to the Emirates Formula One Grand Prix at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates, Sunday, Nov. 25, 2018. McLaren veteran Fernando Alonso’s will drives his last ride in
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Home buyers should own the appraisal(c) CanStockPhoto / AndreyPopov This article is the second on simple changes in financial regulation that can be implemented by executive action. They do not require funding by the Government or the concurrence of Congress, yet would pay huge dividends to homebuyers. The change discussed last week, requiring lenders to
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If you’ve bought your first home in the past five years, you’ve probably learned some tough lessons. And that learning curve could cost you. A new survey from personal finance website NerdWallet takes a look at homebuyer trends. And the research finds that first-time homebuyers more often face disadvantages at the negotiating table. Individuals shopping
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Now that Seattle is officially the smartest city in the U.S., with the highest percentage of college graduates, I thought I would lay out some rules and observations for the hordes of smart people who continue to move here. After all, nothing is more important than making life easy for the smart. We always knew
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Marc Andreessen first posited that software was eating the world, and indeed one industry after another has learned software mastery is essential to winning (and keeping) digital-centric consumers. But how will consumers react when money can also function like software? Cryptocurrency, when paired with other blockchain functionality, offers the potential to inject new software-driven features
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