Real Estate

In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT The yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years on Thursday, causing a ripple effect that could raise rates on mortgages, student debt, auto loans and more. After Federal Reserve Chair Jerome Powell said ”inflation is still too high,” expectations that the U.S.

The two distinct residential developments of Guoco Midtown offer an exciting blueprint for modern, integrated urban living. Imagine walking through a verdant forest in the heart of a bustling city, where the soothing ambience of nature offers a welcome retreat from the stresses of urban life. This alluring contrast is the essence of Midtown Modern,

Two houses, a separate workshop building, five acres and six ski resorts under an hour away. This immaculate gated compound in Loomis, set near the foothills of the Sierra Nevada Mountains about 30 minutes from Sacramento, is chock full of amenities, private and ideal for multigenerational living. The gated compound sits on five scenic acres

Former U.S. President Donald Trump attends a Manhattan courthouse trial in a civil fraud case in New York, U.S., October 18, 2023.  Doug Mills | Reuters A judge laced into Donald Trump on Friday, floating the possibility of heavy sanctions or even jail time against the former president, over a “blatant violation” of a partial

It looks as though Wall Street has given up on residential real estate. In 2021 and 2022, investor enthusiasm seemed to know no bounds. They poured billions into the area, eager to cash in on soaring rents. According to John Burns Research & Consulting, large landlords at the height of that boom bought almost 2.5%

New York’s Legislature has passed a piece of legislation that would, if signed by the governor, publicly disclose the names of every real estate or other investor who plays a substantial role in any limited liability company that does business in New York. The Legislature took inspiration from the federal Corporate Transparency Act passed a

Of all the types of assets, real estate is usually the most emotional. It is, after all, difficult to make memories in a mutual fund (which is a feature of diversified investments, not a bug). So when you inherit a house from a parent, it’s important to recognize the emotional attachment will likely influence your

Moving overseas is often a daunting decision — especially when you have children. Living abroad can be incredibly enriching and open new possibilities by introducing kids to new languages and cultures. But uprooting not just your own, but also your kids’ lives, means even more thought needs to be put into making these big life

Tarpon Isle, a private island in Palm Beach, Florida. CNBC From Palm Beach to Miami Beach, luxury home prices in Florida’s richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average sale price of a home in Palm Beach topped $20 million in the third quarter, making it

Allen Weisselberg, former US President Donald Trumps company chief financial officer arrives to attend the hearing for the criminal case at the criminal court in lower Manhattan in New York on July 1, 2021. Seth Wenig | AFP | Getty Images New York Attorney General Letitia James’ office suggested Thursday that the Trump Organization failed

A townhouse for sale in the Upper East Side neighborhood of NYC.  Adam Jeffery | CNBC Sales of previously owned homes dropped 2% in September from August to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 15.4% compared with September 2022. This is the slowest

In any commercial lease, one major issue relates to the work that needs to be done to prepare a space for the tenant’s occupancy. Usually, the landlord will deliver the space pretty much as is, or with certain limited work completed. Then it’s up to the tenant to build out the space so it meets

Standret | Istock | Getty Images Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock prices and government stimulus measures, the Federal Reserve reported Wednesday in its triennial Survey of Consumer Finances. Net worth is a measure of household assets after accounting for liabilities.

Few things compare to the thrill of buying your first home. It’s an exhilarating experience – whether you’re buying a condo, townhouse, McMansion, minimalist, simple-sized home, or something in-between. But if this is your first rodeo, it can be almost overwhelming trying to dot all of the i’s and cross all of the t’s. While

A mountain chalet built in 1942 for an early backer of one of California’s oldest ski resorts has come on the market for the first time. The three-story family home at Sugar Bowl Ski Resort near Lake Tahoe played a pivotal role in gathering early ski enthusiasts who were committed to bringing skiing to the

JB Reed | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to Mortgage News Daily. That is the highest level since mid-2000. The milestone came as bond yields soar to levels not seen since 2007. Mortgage rates follow loosely the yield on the 10-year

In recent studies, we have analyzed and zeroed-in on the richest cities in a number of states of the U.S. South, including Alabama, Florida, and Georgia. We determined the wealthiest cities in each case based on scoring several key financial factors. This time around, we’re looking at another state, one that straddles the South and

Construction workers erect a building in downtown Miami, Florida, on June 14, 2023.  Jim Watson | AFP | Getty Images Architecture firms reported a sharp drop in business in September, indicating that the commercial real estate market could see even more pain in the next year. The AIA/Deltek Architecture Billings Index dropped to 44.8 in

During the great housing bubble and crash of the late-2000s, much of the Sunshine Star State experienced the worst effects. Florida was one of the states most impacted by the real estate bubble. And its subsequent crash left Florida housing markets picking up the pieces for years. Nearly two decades later, the pandemic helped induce

Rental apartment buildings are bought and sold regularly. To try to promote affordable housing, some jurisdictions have enacted legislation to give government authorities, nonprofit entities, or tenants to have a “right of first refusal” whenever a rental apartment building is about to trade. Rather than allow an evil capitalistic landlord to buy the building, a

Signage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, November 13, 2021. Andrew Kelly | Reuters Mortgage rates last week rose for the sixth straight week, causing demand for home loans to drop to the lowest level since 1995. Total application volume fell 6.9% compared with