Nowadays, any industry that technology takes on doesn’t stay the same for very long. Airbnb uprooted hospitality. Uber and Lyft changed transportation. Netflix not only changed entertainment, but shifted routines and enabled on-demand consumption. The list goes on. Each time tech puts its stamp on an industry, consumer behaviors shift and their expectations go up.
Real Estate
2020 budget planning, a rite of October, now reaches a truth-or-dare moment as a critical path priority for housing’s big and small business players players. Real money’s at stake, tons of it. The fates and fortunes of firms hinge on superior skills at matching who they are, and how they invest, with what will come
A major reason for doing a kitchen renovation is to customize it to personal tastes. Getty When homeowners embark on a home improvement project, it’s with the goal of having a happy ending. A new report by the National Association of Realtors takes a deep dive into the reasons for remodeling, the success of taking
Paul Manafort’s former condo listed for $3.2 million. Shoot and Showcase Paul Manafort’s former condominium, now in foreclosure, is listed for $3.2 million. It was the scene of the 2017 “no-knock raid” conducted in early-morning hours by FBI agents looking for documents and other materials related to the special counsel investigation of Russian meddling in
Share to facebook Share to twitter Share to linkedin The front door where FBI agents entered, without knocking, to execute a warrant in 2017. Shoot and Showcase Paul Manafort’s former condominium in Alexandria, Virginia, is listed for sale at $3.2 million. For the full story, click here. The following pictures show the interior of the
Purchasing a foreclosure can be a great opportunity to secure a property for a decent price. And while this may sound like a great deal, it’s important to be aware of some potential issues or problems you may face, as well as what you can do to help mitigate your risks. To help highlight some of the areas where investors and buyers can
The odds that you rent your home are a little greater than one in three. Of course, some readers may own their property outright or be paying a mortgage, but the number of renters has climbed in recent years to the point where more U.S. households are renting than ever before. A 2016 report from
Torn dollar with REIT (Real Estate Investment Trust) paper message Getty Here’s a quick quiz for you: an imperative multiple-choice, single-question test that you can refuse to take. Though it might be to your detriment. If it’s any consolation, there’s no immediate penalty for answering wrong. It’s only if you forget the correct answer later
Recently, California’s State Assembly passed a statewide rent control bill for all apartment units built more than 15 years ago. The Tenant Protection Act of 2019 (AB 1482) is, as of this writing, expected to be signed into law by Governor Gavin Newsom and will place a cap on annual rental increases of 5% plus
Low Down Payment sign lettering. Getty First time home buyers can put as little as 3% down and get conventional financing (no longer confined to the FHA only box). And there are no prohibitive restrictions; in fact if two people are buying a home, only one of them need be a first time buyer. Standard
Experts predict mortgage rates will stay low for the foreseeable future. Getty Mortgage rates logged their lowest monthly average in over three years last month, and it seems it wasn’t just a blip on the radar. According to three industry forecasts, the trend toward low mortgage rates, slowing home price growth and increased housing construction
The famous Champs Elysees avenue in Paris with the Arc de Triomphe at the top. Getty It’s a new record price for real estate in what’s known as “the most beautiful avenue in the world:” A building located at 79, avenue des Champs Elysées, with an area estimated at 7,700 square meters (83,000 square feet),
The mansion originally belonged to one of Britain’s first millionaire bankers, Henry Barnett, founder of Lloyds Bank. BRUCE THOMAS – YAMYAM A seven-bedroom mansion that was once the home of the founder of Lloyds Bank has just hit the market with a £22.5 million ($29.4 million) price tag. The house at 100 Hamilton Terrace in
null Getty If you follow PropTech at all, you probably already know that real estate services giant JLL recently launched a new division, JLL Technologies. This group encompasses all tech-related activities under the JLL umbrella, including the JLL Spark PropTech venture fund, and will be led by Spark co-CEOs Mihir Shah and Yishai Lerner. The
In a strong market it’s possible to sell almost anything. Great properties are snapped up quickly in bidding wars. Less than perfect properties can move fairly easily when there’s high demand too. When the market is strong you’re closing deals nearly every day, and life is great! But when there’s a shift, all of this
In this Tuesday, April 16, 2019, photo, an apartment building under construction nears completion in downtown Orlando, Fla. (AP Photo/John Raoux) ASSOCIATED PRESS Apartment construction was expected to peak in 2016/2017 according to many industry watchers and participants, but evidently the market didn’t get the memo. It seemed like the boom in rental apartment buildings
The main house from the rear of the property Mesa Vista Ranch The Mesa Vista Ranch in the Texas Panhandle, owned by the late T. Boone Pickens, has been on the market since 2017 for $250 million and is going to maintain its asking price for now, even after Picken’s passing last month, according to
Share to facebook Share to twitter Share to linkedin SoftBank Group founder, Chairman and CEO Masayoshi Son. NurPhoto via Getty Images Topline: As WeWork’s biggest shareholder, SoftBank has been under scrutiny for its backing of the troubled office-sharing startup, but a recent report suggests that for it profit off its investment, WeWork would need a
A 165-acre island in the United States Virgin Islands that neighbors Epstein’s “pedophile island” Small Saint James (pictured), was sold for $22.5 million to an offshore company in 2016. (AP Photo/Gianfranco Gaglione) ASSOCIATED PRESS Jeffrey Epstein allegedly bought a second private island in the Caribbean using an unaware Dubai businessman as a front man to
Inside Morningstar’s New York offices, where chief operating officer Michael Brawer is building a … [+] number of new products for blockchain-based securities. Michael del Castillo Credit ratings giant Morningstar is making a number of previously unknown moves into the burgeoning industry of assets issued on a blockchain. The rating agency that made its name
Arne Jacobsen’s Egg chair in buff leather, designed in 1958. From Design & Decoration ($3,500). … [+] February 21, 1988. (Photo by Thomas/Fairfax Media via Getty Images). Fairfax Media via Getty Images While furniture trends come and go, some things remain popular for decades. The Egg chair is a great example of a style that