Nextdoor’s partnership with HouseCanary will offer members new property valuation and appreciation toolsNextdoor Nextdoor announced Tuesday a partnership with HouseCanary, a real estate data analytics company, to offer property valuation and comparison tools for its members. Since last year, Nextdoor has been building out the Real Estate offering on its platform, where users can find
Real Estate
A group of investors just bought a unique vignette of history for $1.4 million — a 22-building, Old West ghost town in California. Called Cerro Gordo, which means “fat hill” in Spanish, the more than 150-year-old town is located about 200 miles north of Los Angeles, 400 miles southeast of San Francisco and 200 miles
The Brady Bunch aired on ABC from 1969 to 1974 (ABC Photo Archives/ABC via Getty Images) Except for an episode or two, did you ever notice how happy The Brady Bunch kids were sharing two bedrooms? Johnny Bravo’s (I mean, Greg’s) frustration aside, sometimes less is more, especially when it ultimately brings family closer together
London’s luxury developers are selling off homes in bulk to corporate landlords after a drop in demand for expensive new-build homes among individual buyers. Almost 40 per cent of London new-build sales in the second quarter of 2018 were to bulk buyers, who generally purchase at a steep discount with the aim of setting up
ShutterstockShutterstock While price is the first thing on a purchase offer that a home seller will look at, it’s not the only thing. There are simply more buyers than there are homes for sale, which can make the process of finding and buying a home incredibly difficult. Aggressive markets with low inventory are driving buyers
CNBC’s Jim Cramer often says that investors should watch the transportation stocks because they offer valuable insights into a key economic driver: commerce. And last week, things didn’t look good. “If commerce is weak, then the stock market is going to get weak,” the “Mad Money” host said on Wednesday. “We got some real downer
(AP Photo/Tony Dejak, File) Does this recent tweet below from the National Association of Realtors seem at all believable to you? Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think (from @NAR_Research‘s Economists’ Outlook blog): https://t.co/hWHUfPnf9I pic.twitter.com/kid0OCz8RH — REALTORS® (@nardotrealtor) July 15, 2018 FSBO FSBO (pronounced, “fizbo”) is real estate agent
Airbnb’s policy and public affairs head Chris Lehane launched into an impassioned diatribe on Tuesday that condemned the “bellhop politics” he said are motivating New York City’s resistance to Airbnb. “Members of city council are nothing more than bellhops for the big hotel corporations. And it’s no surprise this type of bellhop politics has produced
It’s the most stylish furniture you can’t buy (until your subscription is up).Fernish On July 15th, furniture subscription startup Fernish officially launched their collaboration with Crate & Barrel. This is the first time any Crate & Barrel product has been available for rent. The partnership also launches the company, which is less than two years old, to a
Shutterstock Online home search engines have revolutionized the way consumers buy and sell homes. While these sites have the potential to bring in a considerable amount of revenue for any real estate business, pricing and quality of leads from these sites vary from traditional real estate leads. Below are a few variabilities that differentiate paid
Shutterstock Taxpayer asks: Dear Taxgirl, My husband was told that if he reclassified our home to a rental property and rents it to me then we could avoid the $10K tax cap as the real estate taxes, mortgage interest, and other related expenses would fall under Schedule E. We would then be able to take
There’s another list out of the best places to retire, this time by personal finance website Bankrate.com. South Dakota came in first place. Although a recent list in Business Insider called Florida the winner, and a ranking last year in Money Magazine crowned New Hampshire. If you’re overwhelmed by the many listicles of where you
If homeownership is your American dream, here is a wake-up call. It could take more than six years to save up for a down payment. High rents and high home prices have hit affordability where it hurts, lengthening the amount of time most potential buyers will need to even think about financing a home. For
Share to facebook Share to twitter Share to linkedin On the lower-ground floor, the large kitchen and informal dining area with customized natural oak dining table illuminated by a Louis Poulsen pendant light straddle both the existing house space and the new extension, while the square limestone tile flooring continues through to the outside terrace,
OLNEY, MD-AUGUST 30: The Henley Model at Trotters Glen on August 30, 2016 in Olney Maryland. (Photo by Benjamin C. Tankersley/For The Washington Post via Getty Images) Have you ever driven by a sign that said “brand new community” and wondered what it must be like to live there? After all, who wouldn’t want to
The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes for sale in the second quarter of 2018, the all-important spring market, rose at three times the rate of the same period in 2017, according to Trulia, a
Shutterstock In more than 15 years as a real estate agent, broker and investor, I’ve learned a lot. Some of the most important lessons have come out of making mistakes, my very clearly biggest mistake in particular: In 2006, I decided to flip a house completely by myself. At the time I was a real
A slight increase in the number of homes for sale may be helping to juice the mortgage market. After falling for two straight weeks, mortgage application volume rose 2.5 percent last week, seasonally adjusted, compared with the previous week. The increase was driven entirely by purchase applications. Still, total volume is 4.3 percent lower than
The total estimated value of waterfront homes in June 2018 is $134 billion. The sale price premium of waterfront homes is 36 percent, down from 54 percent in 2012 and 41 percent on average over the past 22 years. The biggest premiums since 1996 have been in Jacksonville, Fla., Cleveland, Ohio, Denver and Baltimore. The
The house that Mickey Mouse built now owns property at 4 Hudson Square. The Walt Disney Co. acquired the rights to develop a new headquarters on a Trinity Church-owned site. The Burbank, California-based media conglomerate, tapping into all that “Avengers” money, plans to build a new headquarters in Manhattan after signing a a 99-year lease
U.S. homeowners today are getting richer by the minute, but they are less likely to cash in on their newfound wealth than during previous housing booms. As home values rise, home equity lines of credit, often used to tap home equity, are flatlining, and the overall amount of money people are taking out of their
Shutterstock One of the main factors that will make or break your apartment budget is the quality of resident you attract. A high-quality resident is someone who pays rent on time, treats the unit and apartment community as if it were their own home and is courteous to the neighbors. High-quality residents not only make
Toys ‘R’ Us has shut all of its U.S. stores, but don’t mistake that as a hopeless sign for the rest of brick-and-mortar retail. ( Photographer: Luke Sharrett/Bloomberg) Toys “R” Us, which closed the last batch of its U.S. stores just over a week ago, has left behind not only nostalgia but also hundreds of empty stores
Since President Donald Trump’s full time residence is the White House — and not his Manhattan condo in Trump Tower — New York City officials recently determined he is no longer eligible for a $48,000 tax break, according to a report by the New York Daily News. The tax break is available to condo and
Warren Buffett famously still lives in the Omaha, Nebraska, home he bought in 1958 for $31,000. (Now its property taxes are almost that much.) But at the urging of his late wife, Susie, Buffett also bought a beachfront vacation home in Laguna Beach, California, in 1971 for $150,000. While Buffett put the mansion on the
Denver, Colorado. (Shutterstock) Many investors like real estate because of the potential for steady, above-average returns with only a limited downside risk. Others, however, are more intrigued by the possibility of a quick strike in a real-estate boom, holding a property for a short time as values rise and magnifying their return with leverage from
The average price of a house bought in San Francisco rose by $205,000 in the first half of 2018, the largest six-month increase in history, according to MLS data compiled by local real estate agency Paragon. The average house in the city limits now costs $1.62 million. Condo prices also rose by $71,000, which is
Shutterstock For homebuyers today, luxury doesn’t necessarily equate to price point — often it is actually quite personal. Luxury can be more time at home with family, proximity to friends and loved ones, or convenience in terms of amenities and features. What does this mean for real estate professionals? It means that we too have
Manhattan real estate had its worst second quarter since the financial crisis, with prices and sales dropping and inventory rising, according to a new report. Total sales in Manhattan fell 17 percent in the second quarter compared to a year ago, according a report from Douglas Elliman and Miller Samuel Real Estate Appraisers and Consultants.
Income investors know all too well, especially in today’s still-stingy environment, that high yields typically come with high, often too-high as it turns out, risks. But there are “inefficiencies” to be found, especially with Real Estate Investment Trusts (REITs), where Mr. Market often waffles between seeing stock-like securities or ownership interests in real estate. This