Real Estate

If there’s a case to be made for the Federal Reserve to hold fire on interest rate hikes, it’s happening now in the housing market and the stocks that track the industry. Homebuilder shares in the S&P 1500 recently sank 40 percent their mid-January high. The move mirrors the early 2004 tumble that ultimately foreshadowed

The Collective’s development in London, called Old Oak, offers studios with private kitchens and suites with shared kitchens for weekly and monthly fees, with utilities and WiFi included.Alice Whitby A European millennial is set to make shared-living space history in New York City. The Collective last week purchased a $450 million lot at 555 Broadway,

Rising mortgage rates may really start to hurt the economy, consumer spending and company earnings soon, CNBC’s Jim Cramer warned on Monday. “We’re going to see more and more bad earnings because [a] 5 percent mortgage is the end, that is the line in the sand,” Cramer said Monday on “Squawk on the Street.” “The

Nestled in a peaceful pocket of Scarsdale, New York sits an original, Dutch Colonial Home listed on the market for a relatively tame price of $1.395 million, reflecting a softening market in one of the Empire State’s wealthiest suburbs. While the house includes charming features — such as a picturesque, freshwater spring pond — what

A dreamy gallery wall that will help others achieve their dreams.Dustin Walker for Hutch Buying things for your home can feel just a little self-indulgent. After all, a sofa is a necessity, but the handmade coasters on your coffee table—not so much. However, with so many brands working with a variety of organizations that give back, you can

The Treasury Department on Friday outlined rules for investors seeking to finance development in under-served regions in exchange for significant tax breaks. The proposed guidance would govern investments in so-called “opportunity zones” across the country that were created under the sweeping new Republican tax law. Treasury Secretary Steven Mnuchin estimated as much as $100 billion

Bürgenstock Hotel & Alpine Spa in Switzerland nominated for Best Hotel Design One of the key ingredients with new hotel launches is the inspiration from some of the most influential designers in the world. When I enter a hotel lobby or suite, and it has a specific wow factor, it is attributed to these talented

One of the most exciting parts on being a buyer is getting to go to all sorts of open houses. However, when you’re actually thinking about making a purchase, these outings take on a much different flavor than when you’re just visiting one for something to do on a Sunday afternoon. All of a sudden,

Just weeks before the midterm elections, the Trump administration announced details of tax breaks designed to help spur investment in economically distressed neighborhoods. But while investors and real estate developers can expect to see immediate tax benefits from the new rules, it won’t be clear for a while how effective the program will be in

Share to facebook Share to twitter Share to linkedin Halo Effect: How Bricks Impact ClicksICSC If you’re looking for proof of the mutually beneficial relationship between physical retail and online stores, just look at the vast array of digitally native brands opening brick-and-mortar stores and established brands expanding into additional markets. Whether it is Casper

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR as the investment bank lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts and thus we slightly temper our macro housing assumptions,” analyst John Lovallo

Housing stocks fell broadly Wednesday after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector because of fears of rising interest rates. A drop in housing starts data also weighed on the stocks. Home Depot and Lowe’s dropped 4.6 percent and 3.1 percent, respectively; Floor & Decor Holdings

YOTELPAD Miami, pictured above, is just one of the many multi-family developments leveraging the short-term rental trend.Courtesy of YOTELPAD Miami Airbnb and short-term rental models have flipped the hospitality industry on its head. Since the launch of the Airbnb platform back in 2008, more than 5 million “hosts” have hopped on the bandwagon, helping the

President Donald Trump said Tuesday that “I have no financial interests in Saudi Arabia” — but in fact he has boasted in the past that “I make a lot of money with them.” Trump’s tweet denying a financial stake in Saudi Arabia comes amid a growing furor over suspicions that the country’s rulers ordered the

(AP Photo/Jae C. Hong) Both mainstream and upstart automakers are planning to debut no fewer than 100 electrified vehicles in the U.S. by 2022. The question is whether the nation is equipped to handle them, especially with regard to public charging stations. Of course, the easiest way to keep an electric vehicle or plug-in hybrid

Sears Holdings plans to shutter 142 Kmart and Sears stores by the end of the year and begin liquidation sales shortly as it tries to emerge from bankruptcy court. The retailer currently has roughly 700 stores open. “The reduction in the number of stores that the company operates, as well as the reconfiguration of the

Selling your old home and buying a new one at the same time is a balancing act. That said, it can be done. We’ve taken the liberty of outlining all of your options below. Read them over to decide which ones will work best for you. If you follow this advice, you should be able

Wayfair’s new Greyleigh collection looks just like Restoration Hardware.Wayfair Whether you’re looking at an Hermes Birkin Bag that “fell off the back of a truck,” Gucci sunglasses sold on the street or a round marble table on a pedestal—we all know nothing is quite like the real thing. But while fake fashion is often sold

(Photo by Eduardo Munoz Alvarez/VIEWpress/Corbis via Getty Images) For decades, retail pioneer Sears ruled the US retailing industry. Its mail order catalogues and retail stores captured the hearts and wallets of middle-income Americans. That’s how Sears hit one landmark after another. In 1945, the company crossed $1 billion, the equivalent of $13 billion in today’s prices.

Rising prices and accelerating interest rates are a “one-two punch” to homebuyers, Lennar Executive Chairman Stuart Miller told CNBC on Thursday. “The combination of both higher prices … together with the acceleration and adjustment of interest rates — that is a one-two punch to what our buyers purchase, which is basically [a] monthly payment,” Miller

Share to facebook Share to twitter Share to linkedin Front YardEngel & Volkers Model Elle Macpherson must be great at negotiation. She recently purchased a 7-bedroom, 6.5-bathroom spacious contemporary in Coral Gables, Florida for much less than its asking price and a mere fraction of the $53 million she reportedly received in her divorce settlement

Magdalene Altidor lost her home to foreclosure during the subprime mortgage crisis, but this week she was first in line at a four-day event in Miami where borrowers with poor credit were offered no-down payment, low interest rate loans. “I left home, it was about 4am,” she laughed. “I’m ready to purchase a home.” The

“Everything dies, baby that’s a fact. But maybe everything that dies some day comes back.” That’s Bruce Springsteen for you. Singing about Atlantic City (the song, of course, is “Atlantic City”)—a town seemingly stuck on an Edge of Tomorrow-esque cycle of life, death, and rebirth. It’s also the story of the Hard Rock Hotel &

Other than watching reports of rising interest rates, mortgage lenders and brokers probably weren’t very busy last week. Mortgage application volume fell 1.7 percent for the week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume was 15 percent lower compared with a year ago. Extremely weak demand for mortgage refinances has been driving

Share to facebook Share to twitter Share to linkedin This satellite image from the National Oceanic and Atmospheric Administration shows Hurricane Michael inching closer to the Florida coast.Courtesy of NOAA As thousands flee the Florida Panhandle in anticipation of Hurricane Michael’s landfall, a major question looms: where will they all go? With prolonged rain and

Amber Mark from her forthcoming music video with W Hotels Worldwide for the launch of W RecordsJames Arthurs W Hotels, the modern luxury hotel chain under Marriott International’s portfolio, announced last week the creation of W Records, its in-house recording label. Akin to a “small but powerful independent label”, W Records will sign emerging artists

Some of us out there still remember when the average rate on the 30-year fixed mortgage hit 9 percent, but we are not the bulk of today’s buyers. Millennials, now in their prime home buying years, may be in for the rude awakening that credit isn’t always cheap. The average rate on the 30-year fixed

Kimberly Johnson joined Fannie Mae in 2006. As such, she was with the company when it went through its most trying time in the wake of the 2008 economic crisis. She was part of the team that led the company back from the brink in roles of increasing responsibility from Vice President of Capital Markets

Beer on tap might seem like something you’re more likely to find in a Silicon Valley start-up than at a financial institution, but that could change with WeWork’s latest endeavor: Powered By We. The co-working giant, valued at around $20 billion, is seeking to diversify its offerings beyond individuals and small businesses, moving into working

Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington’s Milestone Celebration in Washington, Thursday, Sept. 13, 2018. Bezos’ Washington visit sparked speculation about the upcoming decision on Amazon’s HQ2 location. (AP Photo/Cliff Owen) Thirteen months into the international derby that is the Amazon HQ2 selection process, it seems the end of