Real Estate

A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of existing homes in July rose 2% from June to a seasonally adjusted, annualized rate of 5.99 million units, according to the National Association of Realtors. These sales figures are based on closings, so it

A Malibu spec home aiming for a Zero Carbon Certification (ZCC) hits the market for $32 million. Located in Ventura, Calif., developer Crown Pointe Estate’s “Zero 1” residence is seeking an elusive green certification and a serious eco-warrior buyer. The six-bedroom, nine-bathroom home sits in 14,429 square feet. It is the first of the MariSol

In this article UWMC Tony Andrews | Twenty20 Starting later this year, U.S. homebuyers will have the option to pay for their mortgage in bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans this week to accept cryptocurrency for home loans, in what is

In the world of luxury real estate, closing a deal can be as nuanced as it is cut-throat. Here’s how two top real estate agents recently set a record in one of Los Angeles’ hottest markets. The Who: Donovan Healey, estates director for the Donovan Healey Group with Hilton & Hyland, has more than a

Miracle Messages founder and CEO Kevin F. Adler, right, with community ambassadors Beverly Stevenson and Brian Whitten in San Francisco. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images More than six years ago, Kevin F. Adler walked the streets of his San Francisco neighborhood with an unusual purpose: He wanted

San Diego’s demographics continue to skew younger, as more and more life sciences, technology and telecommunication companies are choosing to locate in San Diego and expand operations. Qualcomm, the multinational telecom and semiconductor manufacturer headquartered in San Diego, employs a force of young well-paid engineers and computer science grads with advanced degrees. The University of

In this article 3333-HK A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a

Vered Schwarz is the President and COO of Guesty, an end-to-end property management software for short-term rentals. In just a year and a half, the entire travel landscape has forever changed and is adapting to new consumer demands, travel habits and shifting behaviors toward work-life balance and flexible, hybrid working arrangements. In nearly every region across

Investments in farmland are growing across the country as people, including the ultra-wealthy like Bill Gates, look for new ways to grow their money. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. He had accumulated more than 269,000 acres of farmland across 18 states in less than a

During the week ending August 16th, Manhattan saw 282 listings added to its real estate roster, while 302 contracts were signed, almost 100 more than the historical average (see chart courtesy of UrbanDigs below). This suggests the residential real estate version of an inverted yield curve, and it has been happening week after week for

This is an excerpt from CNBC Make It’s weekly newsletter. Subscribe here. Sorry to be the bearer of bad news. But if you’re currently renting your place, you might see the price tick up when it’s time to renew your lease. In fact, rent is forecast to be even higher this year than it would have

The largest home ever permitted in Los Angeles County—a massive Beverly Hills compound spearheaded by real estate developer Mohamed Hadid—hit the market Tuesday with an asking price of $250 million. If it sells for that price, Hadid’s compound would be the most expensive residential property ever sold in California, property records show. Hilton & Hyland

Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less)

Founder and CEO, Visual Lease. The financial world has a never-ending list of new standards and practices to adhere to, many of which intersect with the world of corporate real estate. New lease accounting standard ASC 842 requires businesses to represent their real estate and equipment leases on their balance sheet. While this may sound like

A view of the City of London on a clear day. Vuk Valcic | SOPA Images | LightRocket via Getty Images LONDON — About 10% of London offices could soon become unusable when new rules on energy efficiency are implemented, according to analysis from a leading real estate company. Under the new standards, set to

Patrick is Founder and CEO of CARROLL, a national real estate firm combining institutional investment capacity with real estate operations.  The onset of the global pandemic brought uncertainty to a lot of industries, with real estate as a whole being no exception. The multifamily sector, however, has continued to weather the storm relatively well, especially in

There’s lavish, and then there’s Mandalay House. The Mediterranean-style trophy estate is in coastal Airlie Beach in the Whitsundays region of Queensland, Australia. Created by property developer and yacht seller Neil Murray and his wife Denise over a three-and-a-half year period, the spread boasts a private helipad, a rock-walled marina, two jet-ski bays and a

VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. In the current rocky economy, more and more investors are looking for investments that can give them at least a modicum of peace of mind. Investors want some assurance that the industry they’re investing into won’t be swept away

New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020. Andrew Lichtenstein | Corbis News | Getty Images A U.S. judge rejected on Friday a request by landlord groups to block the Centers for Disease Control and Prevention’s new eviction moratorium. The decision

Set on close to two acres with ocean, island and mountain views, this Mediterranean mansion in a wealthy enclave of Santa Barbara, California, has several claims to fame. It’s been the personal residence and restoration project of actress-writer-producer Kathleen McClellan, whose credits include “For Better or for Worse,” “The Bold and the Beautiful” and a