Investing in commercial real estate or vacation rental properties can be a consistent source of passive income and returns, not to mention growth and the potential liquidity you don’t get with owning your home. Yet the price of entry is often prohibitive to all but those who already have wealth. This was the puzzle Drew
Real Estate
A house’s real estate for sale sign shows an upcoming open house in Washington, DC. Saul Loeb | AFP | Getty Images Mortgage demand stalled last week, as interest rates hit a multiyear high, but that will likely change quickly. Rates are now falling fast due to the Russian invasion of Ukraine. Mortgage application volume
The role of the built environment in addressing climate change is clear as buildings account for almost 40% of global carbon emissions according to the World Green Building Council. There has never been a greater commitment to reducing carbon emissions, with over 4,400 corporations and 220 investors signing up for the United Nation’s Race to
A home is offered for sale by owner on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images Mortgage rates are sinking as markets contend with the ramifications of Russia’s attack on Ukraine, and that means home prices are likely to continue surging. The average rate on the popular 30-year fixed mortgage had
Fertility treatment is a stressful experience for most, but patients at Southern California Reproductive Center are likely to tell you that going into a chic and tranquil office can help the process feel a bit better. Located at 450 North Roxbury Drive in Beverly Hills, the medical practice has space on both the first and
Tommaso79 | Istock | Getty Images Although government intervention helped the U.S. avoid the scariest predictions for the possible number of pandemic-related evictions, hundreds of thousands of families still found notices on their doors. Since March 2020, landlords filed more than 750,000 evictions in the six states and 31 cities that The Eviction Lab at
Sometimes, finding the perfect listing is just the start of the process; It can take an entire team of experts to turn a house into a home. The vast majority of homeowners need some type of repairs, renovations, furnishing, or design help. If you’re a real estate agent, there’s a good chance your clients are
Iryna Imago | Istock | Getty Images Ah, the joys of homeownership … until something breaks and there’s no landlord to call. If you just moved into your new home or are in the market for a house, be aware that 77% of homeowners have dealt with an unexpected issue that required shelling out money
With a landscape of sun-soaked coastal dunes, saltwater marshes and mesic forests—as well as a warm, wet climate—the eastern Florida seaside town of Merritt Island can often resemble a tropical island. “The first time I drove down the South Tropical Trail I could have sworn I had been transported to the Caribbean,” says Grace Vista,
monkeybusinessimages | iStock | Getty Images Looking for a new home may seem like a daunting task these days. Prices are up, inventory is low and mortgage rates are rising. That’s why, in this environment, it pays to do your homework before you enter the market. Once you start looking, you’ll have to move at
Human beings are instinctively drawn to nature. They can be mesmerized watching the soft sway of tall grasses or a butterfly’s flight. There’s something about a linkage with nature that enlivens almost any circumstance involving people. That includes long-awaited returns to offices after pandemic-plagued years of remote work. So who could blame office building owners
Rendering of Panther National Clubhouse Courtesy: Panther National A golf legend and a one of the PGA’s hottest young stars are teaming up to create a luxury golf community in Palm Beach County, Florida. Hall of fame golfer Jack Nicklaus, 82, and 28-year old PGA Tour star Justin Thomas broke ground Tuesday at Panther National
Dig into the property records of a sprawling older house in a wealthy Boston suburb and one will occasionally come up with the name of a notable former owner. Although this brick Tudor in Wellesley, Massachusetts, dates to the late 1930s, its brush with fame takes place two decades later when sportscaster Curt Gowdy purchased it. During
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgraded Chinese property developer Shimao Group Holdings on Wednesday based on expectations that the company will find it harder to repay investors on time. The move
After almost two years of increasing demand, housing starts are poised to decline in coming months. This is among factoids divulged in newly released housing industry data, including LegalShield Economic Stress Index and Magnetic Collective/Century 21 findings regarding the pandemic’s effects on the real estate market. The dichotomy of elevated demand and moribund sales is
A “for sale” sign in front of a home that Zillow shows has a pending sale of 750,000 dollars on February 18, 2022 in Miami, Florida. Joe Raedle | Getty Images Climbing mortgage rates are hitting both potential homebuyers and refinance candidates. Total mortgage applications decreased 13.1% last week to the lowest level since December
Vexin Français Regional Nature Park is an unspoiled expanse of woods, meadows, villages and rivers crisscrossed with walking trails. Set between Paris and Normandy, its natural beauty was the inspiration for Impressionists such as Vincent Van Gogh, Paul Cézanne and Charles-François Daubigny, among others. This 15th-century chateau sits at the edge of the parkland, which measures 71,000 hectares
Rohit Chopra, director of the Consumer Financial Protection Bureau. David Ryder/Bloomberg via Getty Images The Biden administration is trying to empower consumers to help rewrite the rules governing how banks, lenders and other financial institutions can treat customers. The Consumer Financial Protection Bureau — a federal agency created in the wake of the 2008 financial
The labor shortage has for months been among the most excruciating pain points for U.S. companies. No sector has felt the sting more than American small business. In September, the National Federation of Independent Business reported 51% of small business owners acknowledged being unable to fill job openings. That’s more than double the 22% historical
Getty Images If you recently made a profit selling your home, it may come with a costly surprise this filing season: capital gains taxes on your windfall. In 2021, the average U.S. home seller scored a profit of $94,092, up 71% from $55,000 two years ago, according to ATTOM, a nationwide property database. While many
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