People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank is poised to move carefully toward easing monetary policy, even as the U.S. is on its way to tightening policy. In moving in the opposite
Real Estate
Some employers are announcing staffs can work from home permanently. Others have demanded all employees return to the office. A third group will embrace some form of compromise solution, meaning in-office employees will have to share square footage with space and equipment enabling video conferencing by home-based workers. Most offices will need to accommodate videoconferencing
In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
Founder and CEO of Rentec Direct, property management software for real estate professionals. No industry has escaped the global pandemic completely unscathed, but the real estate industry has been regularly making headlines for happenings like skyrocketing home prices and extended eviction moratoriums. It seems the entire country is eager to return to normal, but what does
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted annualized rate of 6.29 million units in September, according to the National Association of Realtors. The organization’s chief economist, Lawrence Yun pointed to a brief
A good relationship with a tenant can mean the prevention of problems down the line. However, the opposite is also true. If you have a poor relationship with your tenant(s), you can face overwhelming trouble as they navigate their agreement with you. While you don’t want to be a pushover and hurt yourself financially, you
A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases. Total application volume fell 6.3% last week compared with the previous week, according to the
Investment Specialist, Team Denver Homes - RE/MAX Professionals. If you’ve ever binged a real estate reality TV series, you know how satisfying a before-and-after home reveal can be. With big teams and big budgets, these shows renovate, reconstruct and redesign houses to boost their resale value. It’s entertaining TV, but if you’re an average homeowner, it’s probably
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties. As a result, investors are now flooding into the market again, after falling back a bit during
In 1909 the Lazarus Department Store opened in the center of Columbus, a city-block-sized temple to commerce. By the time it closed in 2003, traffic had dwindled as an American institution, the downtown department store, was supplanted by mushrooming malls. In 1989, huge crowds flocked to the opening of Columbus City Center, a concrete, 1,250,000 sq ft, three-level
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June 3, 2021. Mike Blake | Reuters The nation’s homebuilders aren’t seeing any relief from supply chain issues that have slowed construction recently, but high buyer demand appears to be making up for it. Builder confidence
At 18, Chris Morrison purchased his first home in Phoenix, Arizona. That was the kick-off to the RETSY’S founding partner’s passion for residential real estate and a most successful career in sales. Morris had discovered by accident he loved real estate. “I was at Arizona State University and working at a golf shop when I bought
Prospective homebuyers view a kitchen while touring a house for sale in Helotes, Texas. Matthew Busch | Bloomberg | Getty Images Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance. Homebuyers, already battling a pricey market, lost more purchasing power due to those higher rates. The
Days after his son Kendall’s explosive press conference left the media conglomerate Waystar Royco teetering on the brink, the Roy family patriarch opens up as he goes to war with his children, his shareholders and potentially the U.S. government. By Sergei Klebnikov, Giacomo Tognini and Lisette Voytko It’s been a tumultuous 48 hours for Logan
In this article ETC.BF= BTC.BS=-USS Tony Andrews | Twenty20 U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, began piloting crypto payments in August in a first for the industry. But CEO Mat Ishbia
Big-time Hollywood producer Joe Roth is heading east from his Holmby Hills mansion and moving to nearby Beverly Hills. The longtime film and TV executive and founder of multiple production companies, including Morgan Creek Productions and Revolution Studios, has paid $23 million for a stylish Midcentury Modern home in the 90210 in an off-market deal,
An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — The People’s Bank of China said Friday that indebted developer China Evergrande is its own case, and that most real estate businesses in the country are stable. Property giant Evergrande has $300 billion in liabilities
Nick Ron, CEO of House Buyers of America, is a tech-savvy industry veteran with over 20 years of experience as a real estate investor. The rapid rise in demand for housing and the sharp increase in home prices have led many to ask, “Are we in a bubble?” The short answer is no. Low inventory has plagued
A foreclosure sign in front of a house in 2007. Getty Images Foreclosures are starting to surge as government and private sector programs designed to help homeowners deal with the economic fallout of the Covid-19 pandemic have begun to expire. Mortgage lenders began the foreclosure process on 25,209 properties in the third quarter, a 32%
When it comes to the world of luxury real estate, closing a deal can be as nuanced as it is cut-throat. Here’s a look behind the scenes at how one of Colorado’s top agents quietly closed one of Aspen’s biggest luxury sales of 2021. The Who: A Vail Valley resident since the 1990s, Liz Leeds
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