A National Association of Realtors “30 Under 30” agent, serving the Del Mar/San Diego luxury residential market with Anderson Coastal Group. In today’s hyper-competitive marketplace, sellers are calling the shots, buyers are doing anything they can to win in multiple-offer scenarios and, as a result, escrows are particularly emotional. When buyers offer hundreds of thousands of
Real Estate
Li Ka-shing’s real estate flagship company is said to be mulling a sale of UBS AG’s London headquarters, according to a Bloomberg report on Thursday. CK Asset Holdings is reportedly in discussions with several buyers for 5 Broadgate, a Grade A office building adjacent to the Liverpool Street train and subway station. The company acquired
Helen H. Richardson | Denver Post | Getty Images Homeowners are getting richer and richer as prices keep soaring – and the numbers are staggering. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. This represents a
Getty Images When it comes to whether retirees should pay off their mortgage in retirement, there typically is no clear-cut answer. That’s because like most things about planning for (and in) your post-working years, the decision depends on your specific situation. Obviously, a couple of benefits come with paying off a mortgage: Your monthly obligations
A view of the driveway leading to the residence at 777 Sarbonne Road in Bel-Air, California. Joe Bryant / Aaron Kirman Group Seven is a magical number for one of Bel-Air’s priciest spec homes. The glass and marble palace located at 777 Sarbonne Road in Los Angeles hit the market last month with an asking
A new housing model is rising from the dirt in Valencia, California, and potentially raising the bar for real estate developers hoping to reduce their carbon footprints. More than 21,000 homes are going up in a brand-new community that, its developer says, will be the largest net-zero community in the nation, and potentially the world.
It would be hard to ignore the buzz around housing right now. Homes are selling in the blink of an eye, buyers continue to enjoy historic low mortgage rates and real estate professionals are soaking up opportunities missed from last year’s spring selling season. For many, a career in real estate has never been more
It started as some of the best ideas do: scribbled on the back of a cocktail napkin. “I was sitting at a bar having a glass of chardonnay with my husband, and he asked, ‘what’s your next project?’ And I said to him, ‘I’m going to build a treehouse’ and drew this structure on a
Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading. “Using the Tishman Speyer portfolio as an incubator for new ideas
From the abyss of an economy-stopping global pandemic, the U.S. real estate market has emerged as arguably the hottest market in the world. Low interest rates and a future of working from home, or at least more flexible office arrangements, caused many Americans to relocate to suburban areas with lower costs and a higher quality
Old homes are a snapshot into history. Unique features like crown molding, wainscoting, arched doorways and stained glass windows make a statement that’s difficult to replicate with newer construction. If you’re looking to put down roots in a vintage home, consider that historic charm can outweigh the most tempting of today’s amenities. Some buyers seek
Dave Marcinkowski is a Founder/Partner in Madera Residential and Quext, focused on creating smarter, healthier apartment communities. There’s a problem inside the multifamily industry. I’m not the first person to point it out, but I will join the chorus of people speaking out about it. That problem is cliquish behavior. If this was about everyone joining
While venture capital money has been pouring into fintech startups, the exit door has been pretty busy too. According to a report from CB Insights, the first quarter of 2021 set a record for not only new investment in fintechs, but also for exits, with 67 mergers and 11 fintechs going public, many through SPACs
Jonathan Keyser is the founder of Keyser, the largest occupier services commercial real estate brokerage firm in Arizona. The franchise industry is expected to add more than 800,000 U.S. jobs by the end of 2021, totaling 8.3 million jobs nationwide. According to data shared to webinar attendees by the International Franchise Association (IFA), this will be
Maskot | Maskot | Getty Images President Joe Biden laid out a plan this week to narrow the racial wealth gap in the U.S. Many were disappointed not to see any mention of student loan forgiveness in that agenda. The president’s initiatives, announced 100 years after the Tulsa Race Massacre, will include tackling racial discrimination
Newark, New Jersey. Sean Pavone | iStock | Getty Images Since September, most renters across the country have been protected from eviction, thanks to an unprecedented moratorium on the proceedings ordered by the Centers for Disease Control and Prevention. Now that ban will expire in less than a month, and millions of Americans could find
In this article CLGX monkeybusinessimages | iStock | Getty Images In this hot housing market, it can be easy to blow your budget. That’s why you have to have a clear plan in place before you start looking for your next home, experts say. “If you don’t go in with a clear budget in terms
Siraj Ahmad | iStock | Getty Images More than 10 million Americans, or 14% of U.S. renters, say they aren’t caught up with their housing payments, meaning many could be at risk when the national moratorium on evictions expires in under a month. That finding comes from data collected by the Census Bureau between May
Many Americans are suddenly house rich. On paper, anyway. Soaring home prices have resulted in a record amount of home equity on hand. By the end of last year, roughly 46 million homeowners held a total $7.3 trillion in equity to tap, the largest amount ever recorded, according to Black Knight, a mortgage technology and
Geber86 | E+ | Getty Images After Janell Ivy lost her job at a daycare center because of the pandemic, she fell behind on her $890 rent. The single mother feared that she and her four children, all under the age of 7, would be evicted from their apartment in Houston. She packed up her
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