There is considerable evidence that all residents benefit from diverse, inclusive communities. getty In an effort to reverse the Trump administration’s legacy on weakening enforcement of fair housing laws, the National Fair Housing Alliance (NFHA) has released a detailed policy roadmap for the incoming Biden-Harris administration and the 117th Congress to ensure communities of color can bounce back in
Real Estate
A house under construction is seen in Culver City, a neighborhood of Los Angeles on November 21, 2020. Chris Delmas | AFP | Getty Images After three straight months of record highs, homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are starting to experience sticker
Some communities serve as the ideal places to spend evenings stargazing with family and friends. getty This holiday season, there’s something to look forward to seeing in the sky aside from a red-nosed reindeer pulling a sleigh. On December 21, Jupiter and Saturn will form a rare alignment creating what looks like a double planet.
Although a second stimulus plan is still up in the air, the Federal Reserve is determined to push consumer borrowing costs even lower as the economic recovery takes hold — giving everyday Americans a reason to be optimistic. In addition to holding interest rates near zero, Fed Chairman Jerome Powell said Wednesday the central bank will continue
Tony “The Closer” Robinson wants to make his Rona Proof real estate program accessible and … [+] inclusive. Courtesy of Tony “The Closer” Robinson America’s unemployment rate surged from 6.3 million in February to 20.2 million in May, a number that continues to rise as the pandemic’s effect on the economy lingers. Tony “The Closer”
Home for sale sign in Boulder, Colorado. Helen H. Richardson | Denver Post | Getty Images It is a lot harder to find an inexpensive home to buy and flip in today’s ultra-competitive housing market, but those who can will make a hefty profit. While home flipping activity overall dropped in the third quarter of
Rents fell the most in Midtown Manhattan. getty New York City rents have fallen farther this year than they did during the Great Recession, according to a report released today by real estate listings site StreetEasy. Manhattan rents fell 12.7%, compared to dropping 10% around the recession that started in 2008, with the median asking
The app of Danke Apartment is displayed on the screen of a mobile phone on November 18, 2020 in Yichang, Hubei Province of China. (Photo by/VCG via Getty Images) Liu Junfeng | VCG | Getty Images GUANGZHOU, China — A more than 76% share price collapse for its parent company since its initial public offering
Anne Hearst, a granddaughter of publishing tycoon William Randolph Hearst, and her husband, Jay … [+] McInerney, have paid about $10.726 million for a home in famed Malibu Colony. Hilton & Hyland Malibu’s one-mile beachfront stretch known as Malibu Colony has long been a bastion for Hollywood stars and business tycoons. Now, the coastal enclave
A view of East London from an aerial view. As the sun sets its glow is captured on the skyscrapers of Canary Wharf – the second business district of London. Ray Wise | Moment | Getty Images Opportunity abounds for investors looking to seize on distressed real estate assets in the wake of the coronavirus
Aerial shot of downtown Los Angeles (DTLA) at sunset with rolling hills of residential neighborhoods … [+] in the foreground. getty With more than two decades of experience in global real estate and development, Jonathan Nash is intimately familiar with the wants and needs of today’s luxury homebuyer. Prior to relocating to the U.S., Nash
Getty Images Can’t save a lot? Don’t worry — as little as $100 in savings can be a huge help. Families with more than $100 in savings are better able to avoid high-cost borrowing such as predatory lending and payday loans, and keep utilities on, and they are more financially satisfied than those with less
For 20 years, I have been looking for the one real estate web site that could deliver content and data without feeling like someone was putting their hand in my pocket, trying to steal my clients, tolerating inaccurate data and fostering the notion that a website is far more valuable than any service I, as
The CEO of real estate firm CBRE told CNBC on Friday he expects the coronavirus pandemic to have created a lasting impact on offices — but he’s hardly envisioning a doomsday outcome. “You’ll see a hybrid scenario. Lots of returning to the office. We think 80%-plus of that occupancy, if not more, will come back,”
KB Homes’ optional “Home Office Package,” available in homes throughout their footprint. Many … [+] builders are now offering such packages, and are finding strong demand. Photo Credit: Applied Photography The work-from-home trend is going to change the landscape. Literally. Homebuilders today are developing on land that would ordinarily be a “long commute,” and the
Texas Gov. Greg Abbott told CNBC on Friday that the number of companies deciding to move their headquarters to the Lone Star State has accelerated due in part to the coronavirus pandemic. The Republican governor’s comments came shortly after it was reported that software giant Oracle is moving its corporate center from Redwood City, California,
Donner Lake under the snow in winter, Truckee, Ca. getty With remote-work and distance learning becoming the norm across the country as the pandemic continues, it is not a shock to see people seeking refuge in resort communities like those in Truckee, Calif. Tahoe Mountain Realty, a luxury real estate brokerage located in Northstar and
Signs lay on the ground after people gathered outside of an apartment complex with the intention to stop the alleged eviction of one of the tenants in Mount Rainier, MD, U.S., August 10, 2020. Leah Millis | Reuters One of the main ways that state and local governments have tried to slow the spread of
If you have wanted a spa bath, now may be the time to install it. getty Last week the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) released their third-quarter 2020 Kitchen & Bath Market Index (KBMI.) For the first time this year, the KBMI is above 50, at 61.9; up from
Courtney Keating | E+ | Getty Images Talk to anyone who’s gone through divorce and they’d likely say the experience was no walk in the park. Yet the notion may be weighing on more spouses during the pandemic, some research shows. For instance, based on Loanry.com’s internal data, there’s been a 62% increase in loan
A report by the Proceedings of the National Academy of Sciences has explored the geography of insecure water access across the United States, remarking that safe, reliable, and equitable water access is a fundamental human right that proves critical to both health and livelihoods. Interestingly, the U.S. still has major problems when it comes to
A for sale sign is posted in front of a home as interest rates for home loans climbed to nearly 4% in the wake of the election of Donald Trump to be the U.S. president on November 17, 2016 in Miami, Florida. Joe Raedle | Getty Images Mortgage rates fell again, falling to a record
Getty Maybe the roof is worn, the drywall peeling, the pipes rusted to the core. Of the 6 million American homes sold per year, several hundred thousand are in states of disrepair, waiting for a buyer who will put in money with the hopes of flipping the house for a profit. Sundae, a two-year-old start-up,
Getty Images We’ve officially reached the last month of 2020. For many investors, that may prompt a sigh of relief. But financial advisors say this is a great time to step back and assess which year-end financial moves you need to make now and revisit your money strategy to set yourself up for a prosperous
Founder and Managing Partner of Club Estate a leading real estate investment boutique for family offices and institutional clients. Getty The real estate industry is transforming at an unprecedented speed, with the Covid-19 crisis acting as an additional catalyst for change. Technological developments in proptech, the impact of ESG criteria and the changes in the way people
After setting a California price record in February with the $165-million sale of his Beverly Hills … [+] estate, media mogul David Geffen has sold another prized property in the 90210 for $33.75 million. Patrick McMullan via Getty Images The hits keep on coming for David Geffen. The media magnate this week unloaded another prized
For close to a decade, the Honeycutts lived in the brick house with white shudders on Patterson Street in China Grove, North Carolina. Vicki Honeycutt and her husband, James, a disabled Gulf War veteran, loved to sit out on the front porch, drinking Pepsis or sweet tea. Vicki’s favorite space in the three-bedroom house was
It’s the end of an era in Beverly Hills, where Priscilla Presley has sold her home for $13 million. Sale of the actress and former wife of Rock ‘n’ Roll legend Elvis Presley’s estate had been in the cards since this summer when the property hit the market for $16 million. Jonah Wilson of Beverly
A house for sale in Sarasota, Florida Scott Mlyn | CNBC Thanksgiving week isn’t usually a popular time for homebuying, but most economic numbers this year are incomparable, especially in the pandemic-spiked housing market. Mortgage applications to purchase a home jumped 9% last week from the previous week, according to the Mortgage Bankers Association’s seasonally
Christelle Rohaut, cofounder and CEO of Codi. Codi It is, at first blush, a tough pitch: amid a global pandemic, a startup wants you to turn your home into a coworking space for strangers. But that’s what Codi aims to do. “Data has shown that 80% of people don’t want to go back to an