Real Estate

A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois. Getty Images The beleaguered department store chain Sears is considering a sale or a redevelopment of its massive corporate headquarters in suburban Chicago, as its retail footprint keeps dwindling. Transformco, the parent company of Sears and Kmart, said the
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Getty Images While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this year thanks to Covid-19-related government policies. That’s according to the federal Financial Stability Oversight Council, which released its annual report for 2021 on Friday. The council was created by legislation
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Construction workers frame a new home being built by CastleRock Communities in the Sunfield neighborhood of Buda, Texas, U.S., on Wednesday, Nov. 10, 2021. Matthew Busch | Bloomberg | Getty Images Surprisingly strong housing demand, even in the usually slower season for housing, has homebuilders feeling increasingly confident. Builder sentiment in the single-family housing market
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The New York Design Center conducted a poll of over 40 interior designers across the United States, who found that, post-pandemic, we will continue to invest in our homes. Designers determined that, though the real estate market is inflated, 79% of people are still spending money to renovate the homes they purchased. “We’re seeing clients
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MBPROJEKT_Maciej_Bledowski | iStock | Getty Images For retirees searching for investment income and protection from inflation, one solution may be real estate investment trusts. REITs, as they’re called, are companies that own and/or operate properties like office buildings, shopping malls, apartment complexes and warehouses. While they do come with more risk than some other income-producing
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Rita Jenrette scandalized Washington in the 1980s when, as the wife of a disgraced congressman, she posed for Playboy. After reinventing herself as a New York real estate broker and eventually marrying into Italian nobility, she’s now saying arrivederci to the historic villa that’s been in her late husband’s family for 400 years. Seated in
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