Real Estate

Share to facebook Share to twitter Share to linkedin Neverland comes back to marketJim Bartsch The house with a storied past is ready for a new owner. Made famous by singer Michael Jackson, Neverland Ranch is on the market again with a new price and marketing angle. After not finding success with an asking price

The supply of homes for sale is finally rising, but fewer buyers are able to afford these homes. That could result in a much slower spring market. Spring is usually the high season for housing, but high home prices have been taking their toll for months. The numbers point to potential trouble ahead. The median

House building plan blueprint buy moneyGetty Two of the most important indicators of home appreciation came out this morning, and they both showed the same thing:  home price increases are slowing rapidly. Economists are forecasting continued slowdowns in appreciation, according to polls by Reuters, Zillow and others. The S&P CoreLogic Case-Shiller U.S. National Home Price

Home buyers have a limit to what they can afford, and sellers are slowly having to adjust to that new reality. Home prices increased 4.7 percent annually in December, down from 5.1 percent in November, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is the slowest pace since August 2015. The

Compass agent McKenzie Ryan curates her Instagram feed with photos of NYC neighborhoods and landmarks.Kimani Calliste When it comes to social media marketing for real estate, which is driven by images and personalities, Instagram has emerged a key platform. Here, a few New York City brokers with four- and five-digit followings share how they use

Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2 percent for the week — the first uptick in a month — a sign of optimism in the housing market. “After four consecutive declines, purchase applications increased

ArtSugar founder Alix Greenberg is making walls sweeter.Jenna Burke Choosing art to decorate your home is never an easy task because the market is simply inundated. On one end, there’s the generic, mass-produced trend of “Live, Laugh, Love,” statement pieces sold at discount big box stores. On the other end, there’s fine art. The challenge

U.S. home sales fell in January to their lowest level in more than three years and house prices rose only modestly, suggesting a further loss of momentum in the housing market. The National Association of Realtors said on Thursday existing home sales dropped 1.2 percent to a seasonally adjusted annual rate of 4.94 million units

Lower mortgage rates should have given home sales a boost in January, but they did not. Sales of existing homes fell 1.2 percent to their lowest level in more than three years compared with December and were a wider 8.5 percent lower annually, according to the National Association of Realtors. That could be good news

San Francisco housing markets offer new buyer opportunitiesGetty Buyers should revisit the housing markets in Los Angeles and San Francisco for new buying opportunities according to Selma Hepp, chief economist at the San Francisco office of Compass, the national luxury brokerage firm. “The story is there are real opportunities out there for buyers now. There

If anyone can pull off Zillow‘s plan to start buying and selling homes, returning CEO Rich Barton is the one to get the job done, said RBC Capital Markets’ internet analyst Mark Mahaney. Mahaney told CNBC on Friday that Barton, who co-founded the online real estate marketplace in 2005 and led it until 2010, has

An interior rendering of 70 Charlton St.Gieves Anderson It might be hard to imagine, but Park Avenue wasn’t always one of the most popular places to live in the world. It was once simply called Fourth Avenue, and was just another passage to move up and down the island of Manhattan. After Grand Central Terminal was

Can a house as exuberantly Victorian as this be Kondo-ized? The answer might surprise you.William Wright Does a Victorian house lend itself to the precepts of Marie Kondo? In other words, is there a place where a house style known for its exuberance can be in harmony with a style guru who leans towards minimalism?

William Rudin, head of his family’s New York City property development empire, told CNBC on Thursday that the political pressure that led Amazon to withdraw its plans to build a Queens headquarters was borne out of a lack of understanding of the benefits. “Unfortunately, that message didn’t get out in the way it should have,”

Investor Sentiment photo credit: GettyGetty MetaProp, the leading early-stage PropTech accelerator and advisory firm, just released the results of its latest Global PropTech Confidence Index. MetaProp produces the Index twice a year in partnership with the Real Estate Board of New York (REBNY) and The Royal Institution of Chartered Surveyors (RICS). The Global PropTech Confidence Index is

SoftBank’s Vision Fund has poured billions of dollars into real estate technology, from its massive stake in co-working space provider WeWork to the hundreds of millions of dollars in online platforms Opendoor and Compass. The Vision Fund’s latest big bet is in another corner of the real estate market: storage. SoftBank said Wednesday it led

GettyGetty On paper, your tenant looks great: They have an excellent rental history and sparkling recommendations. Unfortunately, they disclose to you upfront (or admit when they fill out the paperwork) that they have bad credit. Should you shy away from this tenant? You may have struggled to get your property rented out, or you may

Payless ShoeSource filed for bankruptcy protection on Monday, a day after it began winding down its 2,500 U.S. stores. The retailer, founded in 1956 in Topeka, Kansas, expects all stores to remain open until at least the end of March and the majority until May. That will keep many of its stores open through the

New York is missing out on billions of dollars in investments now that Amazon has canceled plans to add corporate offices in the borough of Queens, Rep. Gregory Meeks, D-N.Y., told CNBC on Thursday. “I think it’s a sad day for New York,” the congressman said on “Closing Bell.” “This was a long-term investment in

A photographer captures the sunrise behind the New York City skyline from across the Hudson River in Jersey City, N.J., Tuesday, Feb. 5, 2019. (AP Photo/J. David Ake)ASSOCIATED PRESS In 1894, some ten years before automobiles mainstreamed horizontal transportation, the Otis Elevator Company installed the world’s first push-button elevator. Arguably this small vehicle did more

. Photographer: Qilai Shen/Bloomberg© 2016 Bloomberg Finance LP China’s top long-term problem isn’t the trade war that dominates the social media recently. It’s a home bubble—the soaring home prices that makes landlords rich, while it shatters young people’s dreams of forming a family. Average prices of new homes in 70 Chinese cities climbed by 9.7% on an annual

20 Hours Ago Ryan Serhant, real estate agent and managing director at NestSeekers International, started his career in Long Island City. He is well known as one of the real estate agents on Bravo’s “Million Dollar Listings New York.” Watch what he has to say about the Amazon HQ2 situation and how his clients are

Woman with a book and pen brainstormingGetty This is the second article of a series titled #StartupLife, in which I interviewed over 70 PropTech founders to discover what truly goes into being a startupper. We explore their motivations for getting into this industry, the barriers they faced, the joys and disappointments they experienced, and much

Alphabet’s Sidewalk Labs proposed taking a portion of Toronto property taxes, development fees and increased land value to build a smart city on the eastern waterfront, The Toronto Star reported. According to internal documents obtained by the Star, Sidewalks Labs plans to argue it is “entitled to … a share in the uptick in land

While you may be under the impression that when you check in to your favorite luxury hotel, it’s all about you the guest, in the vast majority cases it’s really about somebody else, namely the owner. Not to say that the staff isn’t there to please as many of your whims and wishes as possible,

Developers and speculators — who bought property on the promise of Amazon‘s planned New York City headquarters — are “freaking out,” now that the e-commerce giant pulled out of the deal due to local opposition, luxury real estate agent Ryan Serhant told CNBC on Friday. “Was I dumbfounded that New York politicians were going to

Protestors rallied against Amazon and the company’s plans to move their second headquarters to Long Island City in late January 2019 in New York City. (Photo by Drew Angerer/Getty Images)Getty Love definitely isn’t in the air today — at least not for supporters of Amazon’s New York City headquarters. The retailer has officially called it

The cost of property in London’s most expensive neighborhoods tumbled in 2018, with buyers using the U.S. dollar making the largest savings. Analysis of three prime property areas in the city suggested that sold house prices at the top end of the London market averaged around 6 percent less in 2018 from the year before.

The crew of This Old House includes, from left, Kevin O’Conner, Roger Cook, Richard Threthewey, Tom Silva and Norm AbramsThis Old House Forty is not old for a house, but it’s an unheard-of age for a television show. All the same, This Old Househas been a public television staple for four decades. To mark the

Google’s massive footprint is only getting bigger in 2019. CEO Sundar Pichai said in a blog post on Wednesday that the company is building new data centers and offices and expanding several key locations across the U.S., spending $13 billion this year. Pichai outlined the plans, which include opening new data centers in Nevada, Ohio,