Canada and Mexico residents accounted for the largest segment of international investors in U.S. residential real estate over the last year, while overall foreign investment in properties dropped to its lowest volume in roughly a decade, according to a recent study from the National Association of REALTORS® (NAR). The 2021 International Transactions in U.S. Residential Real
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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
A case could be made that no prior moment in the long history of offices has been quite so uncertain as this one. No pundit can claim to know for sure how soon and how fully employees will return to their office workplaces. What’s more, there’s no certainty that when they do come back the
Investor Peter Boockvar is sounding the alarm on a housing price bubble brought on by the Federal Reserve’s Covid pandemic policies. He warns first-time homebuyers are most vulnerable to dramatic losses. “I feel bad for the people who bought homes over the past year because they’re the ones that paid the very elevated prices,” the chief
There are so many residential design innovations and features that enhance wellness. These include steam showers, bidet-style toilets, combi-steam ovens, induction cooktops, smarter home technology and low maintenance surfaces like engineered stone and porcelain slab. Then there are design details, styles and trends that can put your home’s wellness potential at risk. Here are six,
People protest for a moratorium on evictions on Aug. 4, 2021 in New York. Stephanie Keith | Getty Images Millions of Americans who remain behind on their rent could now be at risk of being pushed out of their homes after the Supreme Court rejected the Biden administration’s most recent eviction ban. The Centers for
When it comes to a home with a celebrity pedigree worth boasting about, it’s hard to beat a box-office giant with an Oscar in hand. But this place also has a musician of note in its recent ownership history. Red Oak Manor is part of actor Leonardo DiCaprio’s real estate portfolio. He bought the Los
Before David Taylor, 38, could even finish touring homes he and his wife, Destiny, 37, were interested in buying, other buyers would offer $20,000 or $30,000 more than the listing price, in cash. After months of getting beaten out before they could even bid, their agent clued them in to a home in Christiansburg, Virginia,
As travel restrictions to and from foreign countries continue to tighten, I’ve sourced luxury properties and must-see dream homes from Forbes Global Properties members that will transport you to those foreign shores. If you are considering buying a chateau in France or an apartment in Hong Kong, you might find a must-have property to add
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images After rising for three weeks, mortgage rates came back down a bit last week, but it didn’t seem to have much effect on mortgage demand. Total application volume rose 1.6% last
Realtor.com recently released its 7th annual Hottest Zip Codes report, showing the 2021 hottest housing markets are hotter than ever, with homes in the top 10 selling in less than a week – three times faster than last year’s list. The United States is in the middle of one of the most robust housing markets
The setting sun reflects off One World Trade Center and the skyline of lower Manhattan in New York City as the moon rises on March 7, 2020 as seen from Jersey City, New Jersey. Gary Hershorn | Getty Images New York City now holds the top slot as the most expensive apartment rental market in
When Hamilton House was built in southern Maine around 1785, the invention of air conditioning was still over two centuries away. But this Georgian manor house stays remarkably cool on hot summer days, a function of its traditional design. “It’s a matter of good air flow,” says Ben Haavik, Team Leader for Property Care at
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
Lots of people have had to cancel trips in recent weeks as a midsummer resurgence of the pandemic pushed Covid-19 infections and hospitalizations to record highs in many states. Now, the nation’s central bankers are in the same boat, and it might be a signal that mortgage rates could be staying near historic lows in
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
Beverly House, the onetime home of newspaper magnate William Randolph Hearst in Beverly Hills, is arguably the most storied of Los Angeles’s legendary estates. Now, after years in bankruptcy proceedings, the property located at 1011 North Beverly Drive set to go to auction. Court documents show there’s an accepted offer in hand for $47 million.
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
Investment Specialist, Team Denver Homes - RE/MAX Professionals. Your first step as a real estate investor is usually the most difficult. I often talk to new investors who feel overwhelmed by everything they don’t know about real estate: the terminology, the market, the capital, the risks and rewards. If this sounds familiar, let me reassure you: real
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
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