Real Estate

Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association. That caused mixed demand for mortgages last week, resulting

Topline Billionaires Marc Andreessen and Larry Ellison both dug into their deep pockets in real estate transactions reported Friday, as Andreesen made the largest-ever home purchase in California while Ellison shelled out $345 million for a resort on Lake Tahoe. Key Facts Andreesen, head of venture capital firm Andreesen Horowitz, paid $177 million for the

A plunge may be looming for cryptocurrencies, housing and disruptive technology stocks tied to innovation. According to Rich Bernstein, an Institutional Investor Hall of Famer, the nation’s expiring easy money policies and historic supply chain backlogs are posing serious risks for some of the market’s most popular investments. “There’s a whole series of bubbles going

A pending sale sign in front of a home in Miami. Getty Images Pending home sales, which are a measure of signed contracts to buy existing homes, fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Analysts were predicting a slight monthly gain. Sales were 8% lower compared

Some place names immediately evoke vivid imagery. Wild Horse Island is one such spot. The largest island on northwest Montana’s Flathead Lake, the refuge was used by indigenous people for centuries to house, protect and pasture horses. In the early 1900s, homesteaders cut down many of the trees and introduced non-native plants. The island has

Housing is a difficult topic. It requires money to acquire land, clear zoning commissions, build structures, and have ongoing places to live. Outside of public housing, which hasn’t been a universal success in experience, all the work is left to private financing. That means someone expects a profit, which comes from another’s pocket. U.K.-based financial

Reza Estakhrian | The Image Bank | Getty Images Opportunity zone fund investments are back. Granted, they never went away, but after generating a great deal of attention a few years ago, much of the excitement surrounding them died down. However, investors are starting to pay attention again, with lawmakers in Washington, D.C., mulling proposals

Investors could expect more Chinese property developers to default on bond payments, but troubles in the real estate sector have not spilled over to other industries, an analyst said Tuesday. Financial distress among Chinese real estate firms came to forefront in the last few months as Evergrande and other developers struggled to repay their debt.

A mountain contemporary in Vail Valley has thrown down the gauntlet with what may end up being the most expensive sale in 2021 for the area. One of highest closing prices recorded so far this year in Colorado, the $30.5-million transaction was for an architectural showplace set on more than three-quarters of an acre along

In 2015, Sahil Mehta helped sell his first property in the Berkeley, Calif., area at the age of 18, earning a commission of around $2,000. It solidified his interest in pursuing real estate sales and investments, which has only grown in the ensuing years. “It was such an incredible feeling, not because of the amount

Thanks to the impact of the Covid-19 pandemic, American housing markets have had to deal with a truly unprecedented situation (or, at least since the 1918 Spanish flu). While most housing markets experienced an initial dip in activity, over the last year many housing markets have experienced robust recovery, especially in terms of their prices.

China Evergrande Group started returning a small portion of the money owed to buyers of its investment products, weeks after people protested against missed payments at its Shenzhen headquarters, pictured here on Sept. 30, 2021. Gilles Sabrie | Bloomberg | Getty Images BEIJING — China Evergrande shares briefly dropped more than 10% in opening trade

The scarcity of homes on the market that plagued the housing sector long before Covid-19 struck the U.S. likely will outlast other pandemic shortages, according to Goldman Sachs economists. While the supply-chain disruptions impacting the availability of appliances, used cars and computer chips will ease as the pandemic ebbs, real estate won’t be so lucky,

Here’s a fast pass to joining the ranks of the landed gentry. An expansive hunting property has come on the market in the Loire area of central France for 1.85 million euros or about US $2.14 million. Encompassing 76 hectares, or 188 acres, more than half the property is meadowland that can be leased out

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

If you haven’t heard of the Sheats-Goldstein Mansion, you’ve probably seen it. This incredible piece of real estate has been featured on television, in commercials, and in movies including The Big Lebowski, Charlie’s Angels: Full Throttle, and most recently Space Jam 2. Located in the Beverly Crest neighborhood in Los Angeles, a stone’s throw from Beverly Hills, it is

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

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

With a career as a renowned art auctioneer and founder of Los Angeles Modern Auctions, Shannon Loughery knows a valuable masterpiece when she sees one—and Loughery’s recently listed Midcentury Modern-style home in Encino is just that. Determining the value of a work of art is not so different from that of a home. Ask any

China’s real estate sector has to be “substantially smaller” to keep the overall economy healthy and stable, said a top expert on the Chinese housing market. “We have too big of a risk in the sector. We built too much housing, so the stabilization first has to come [from] trimming the sector,” Li Gan, an

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

Location, land and privacy – all on L.A.’s Westside. The Ranch, listed at $64.5 million, is set in the Mandeville Canyon area of Brentwood. It’s less than 4 miles from the coast, under 9 miles from Beverly Hills’ famed Rodeo Drive and a mere 18 miles from Los Angeles International Airport. And yet it feels

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

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

Home-price gains in 2021 are on pace to smash last year’s all-time high after record-low mortgage rates fueled bidding wars across the U.S., Fannie Mae said in a forecast on Friday. Home prices probably will surge 17% this year, beating the record gain of 11% set in 2020 that surpassed the prior peak of 10%

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

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%

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