How Web3 Is Re-Engineering Real Estate

The couple-clicks, home-buying experience is something many in the real estate industry have talked about for years. In a transaction that typically requires lots of paperwork, people, and legal check...

Costco Thrives by Mastering Traditional Retailing. Now It’s Challenging Amazon.

Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...

This is where property taxes increased the most last year — it’s not in California or New York

Today’s home buyers could be in for a shock when the tax man comes calling. In 2021, around $328 billion in property taxes were imposed on single-family homes across the country, according to a new re...

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...

As mortgage rates climb, one big thing homebuyers should consider doing now

Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...

Three value stocks that can provide safety as interest rates rise

Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...

Housing Crisis: Why 40-Year Mortgages Might Help Delinquent Borrowers

Text size Illustration by Laurent Duvoux About the author: Patrick Harker is the president and CEO of the Federal Reserve Bank of Philadelphia. The Covid-19 pandemic is not over. But many of the pande...

Another Crazy Crypto Market Whose Time Has Come

You will own make believe real estate, and you will be happy. getty We all heard about the guy who spent millions on make believe land in a blockchain video game called Axie Infinity. Who he will even...

Opinion: The best retirement investment strategy Generation Z can learn from boomers

Generation Z will soon surpass millennials as the most populous generation on earth, with more than a third of the world’s population counting themselves as Gen Z. And this group is motivated to retir...

The housing market is running hot. Can the Fed cool it before it crashes?

When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might ...

This is exactly how much income homebuyers are bringing to the bargaining table

How much income do homebuyers usually come to the table with? Getty Images/iStockphoto The median household income in America is about $68,000, according to the Census Bureau — but that may not be eno...

Landlord of men accused of impersonating DHS agents won unpaid rent judgment

Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgm...

NYC loses fight to boot Trump from Ferry Point Bronx golf course

A ‘TRUMP’ branded helicopter sits near a putting green during a ribbon cutting event for a new clubhouse at Trump Golf Links at Ferry Point, June 11, 2018 in The Bronx borough of New York ...

Tech stocks haven’t been this oversold since 2015, leading analyst says

Technology stocks are the most oversold they have been since 2015, according to Dan Ives, an analyst at Wedbush Securities. The tech-heavy Nasdaq Composite COMP has dropped 11% this year — about twice...

As Mortgage Rates Rise, Home Sellers Fear Time Is Running Out to Cash In

Blood pressure is now rising along with home prices and mortgage rates as homeowners fear missing out on the right moment to stake the “For Sale” sign in the front yard. The mood among sellers seems t...

As mortgage rates surge higher, these home buyers are being pushed out of the market

The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac FMCC, -0.03% ...

New York Attorney General asks judge to hold Donald Trump in contempt

New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney ...

We are both doctors but struggle with $472K in student loans. Can we get help?

How to get out of student loan debt Getty Images/iStockphoto Question: I have $237K in loans and my wife has $235K in loans. We are not currently making any payments [thanks to government relief] but ...

Inside the $87 million hilltop palace for sale in Beverly Hills

Private drive leading to the main residence at 1420 Davies Dr in Beverly Hills. Joe Bryant “For a person who likes this style there’s nothing like it, that’s why we feel bullish on t...

Homebuilders turn to mixed-use districts, master-planned communities

Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed ...

40% Of Emissions Come From Real Estate; Here’s How The Sector Can Decarbonize

A green building in Milan provides the benefits of cleaner air and lower energy bills to its … [+] residents. Getty Images From rising sea levels that sweep away coastal properties to heatwaves ...

Developers flood Arizona with homes even as drought intensifies

California just experienced its driest January and February ever, and the snowpack is dangerously low. As the West enters its third year of drought, water sources are drying up, and restrictions on th...

Want to Unload That Investment Property? What Advisors Recommend.

With valuations high and many boomers gearing up for or entering retirement, many investment property holders could be rethinking their strategy around real estate ownership. It’s a big issue for many...

Manhattan residential real estate sales hit record $7.3 billion in first quarter

Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan residential real estate sales to...

Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock

It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...

4 economists and real estate pros on exactly when mortgage rates will hit 5%

Pros expect that higher mortgage rates will cool the housing boom somewhat. Getty Images/iStockphoto If mortgage rates continue on their current trajectory, some experts predict 30-year fixed rates co...

Here’s how much a 40-year mortgage would save you each month vs. a 30-year loan. And the ultimate cost.

The U.S. home-financing market has been dominated by the 30-year fixed-rate mortgage loan for decades. Now some key players in the U.S. housing market think it is time to give home buyers the option o...

My wife and I have $750,000 in savings and earn over $144,000 a year. Can we afford to spend $5,000 per month on housing?

Financial advisers recommend spending no more than 30% of take-home pay on housing. I have always lived by this rule and now have $750,000 in cash savings. But now I need to make a big move. Is there ...

Getting a divorce? Here’s how to tackle those money issues

Peter Dazeley | The Image Bank | Getty Images When dealing with a divorce, it can be hard to focus on your future finances. However, it’s crucial to face up to them sooner rather than later. ...

Discovery, Merck, Carnival, Broadcom, and Other Stocks to Watch This Week

Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...

Discovery, Merck, Carnival, Broadcom, and Other Stocks for Investors to Watch This Week

Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...

Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.

For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...