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 ...
Tag: Real estate
Sears spinoff Seritage explores alternatives, Eddie Lampert quits board
Eddie Lampert, former CEO of Sears. Source: Sears Holdings Seritage Growth Properties, a real estate investment trust that was spun out of embattled department store chain Sears in 2015, said Tuesday ...
Homeowners hold record equity. What to know if you want to borrow
New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equi...
Peel Group’s John Whitaker hopes to set up Isle of Man cannabis farm
Cannabis leaves sit on plants growing in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. Jason Alden | Bloomberg | Getty Images A vast marijuana far...
Warren Buffett Has News Likely to Please Shareholders
Berkshire Hathaway’s 2021 vintage is like a good bottle whose consumption will undoubtedly delight fans and admirers of Warren Buffett, chairman and CEO of the company he runs with his right-han...
IHG’s Avid Hotel Brand Reaches Milestone With 50th Property Opening
Karen Gilbride, vice president of avid hotels and Atwell Suites, shares an update as the brand … [+] reaches its 50th hotel opening. IHG As IHG’s fastest-growing, new-build brand and second fast...
U.S. is top safe haven amid Russia-Ukraine war: Blackstone’s Joe Zidle
The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fal...
Moody’s downgrades China property developer Shimao over debt troubles
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 downgr...
Lowe’s (LOW) Q4 2021 earnings beat
A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s said Wednesd...
Jack Nicklaus, Justin Thomas team up to launch ultra luxury Florida golf community
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,...
‘She had a will, but it was null and void’: My friend and her sister are fighting over their mother’s life-insurance policy and $32,000 bank account. Who’s right?
Dear Quentin, My friend’s mom passed away about a year ago. She had a will, but it was null and void because there was only one witness signature. She has two daughters. One of the girls, Mary, moved ...
What Hybrid Work Means For Urban Retail
Pedestrians walk past a store on H St in Washington D.C.’s city center (Photo taken Feb. 16, 2022. … [+] by Ting Shen/Xinhua via Getty Images). Xinhua News Agency via Getty Images The stre...
Online Real Estate Isn’t Worth the Chance
You can make a lot of money on physical real estate right now, but recent results from major online real-estate players show 2022 isn’t the year to play Monopoly in the stock market. The carnage isn’t...
How To Make Nearly 12% Annually In Real Estate
Real Estate is a best option to invest. Where to Invest concept, Investmets newspaper with loupe and … [+] marker. 3d illustration getty The stock market doesn’t just hand out safe yields up to ...
January home sales jump 6.7% despite a record low supply
A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate...
Redfin Stock Sinks. This Analyst Is ‘Throwing in the Towel.’
Text size Stephen Brashear/Getty Images for Redfin Shares of Redfin were falling sharply Friday after the online real estate brokerage said it expected a first-quarter loss wider than analysts’ estima...
Museums are in a race to save America’s treasures from climate change
The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structu...
Redfin stock tanks after forecast shows losses expanding as iBuying business grows
Redfin Corp. shares plunged more than 10% in after-hours trading Thursday, after executives predicted losses in the first quarter of 2022 would exceed full-year losses in 2021 as the company maintains...
Builders are waiting months to get cabinets and garage doors
A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuil...
The average size of a new mortgage just set a record
A couple look at houses for sale in the window of William H. Brown estate agents. Getty Images Homebuyers are facing one of the priciest housing markets in history, and that means they need larger mor...
‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?
I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...
Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.
Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice. Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...