The way the U.S. Federal Reserve sees it, increasing interest rates is a sign of a strong economy and a hedge against inflation. Or, in the case of this year, a means of hoping the economy gets stronger. “My main message has not changed since Jackson Hole,” Fed Chair Jerome Powell said after the latest 0.75% rate hike in September and warned he’s not done yet. “The FOMC (Federal Open Market Committee) is strongly resolved to bring inflation down to 2%, and we will kee
Real estate has a remarkable ability to deliver returns for investors, even when the stock market or other economic indicators are pointing downward. But resistance to bad economic indicators is not immunity. When the Federal Reserve began increasing interest rates, the previously red-hot single-family home market began showing signs of slowing. Although home prices are still high in relation to historical trends, properties are taking longer to sell and selling for less. Now, even residential r
Add another office tower to thegreat Park Avenue revivaljuggernaut. The latest to report strong returns from a capital improvement program is the Stahl Organizations 277 Park Ave. between East 47th and 48th streets, where six recent leases -- new ones, extensions and expansions -- total nearly 270,000 square feet.
The lack of affordable housing is threatening school administrators' ability to attract and hire employees.
Affording rent in some of the nation's biggest cities could require a six-figure income, a new report suggests.
Investors are struggling to find deals, there is a dearth of product on the market, said Douglas Harmon, chairman of capital markets at Cushman & Wakefield.
The City Council just made a real mistake on the rezoning of a block in the Gowanus neighborhood of Brooklyn. Its not the biggest project, but its consequential nonetheless for the message it sends and could be an auger of things to come.
Optimism is peaking over the horizon
After taking a deep breath and booster shots, employers reassessed their needs and decided to reoccupy either some or all of their space.
One clever would-be tenant has built himself a medical emergency-inducingly clever way to get out of paying a landlord.
The Houston-Harris County Emergency Rental Assistance Program, a pandemic-era program that helped tenants facing difficulty paying rent, is closing.
Is anyone surprised anymore?
Residents of a Miami Beach building on the same street where a condominium collapse killed nearly 100 people were forced to evacuate on Thursday evening after officials determined the structure was unsafe and gave orders to leave
Officials in Miami Beach have ordered residents of a 164-unit high-rise condo building to evacuate following safety concerns reported by a structural engineer
/PRNewswire/ -- NNG Capital Fund has announced the closing of the acquisition of a 120-unit multifamily property "The Summit Apartments" in Macon, GA for over...
/PRNewswire/ -- LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Causeway Apartments, an upscale...
The corner unit which previously belonged to Daniel Radcliffe provides sweeping views of the Hudson River
The average price of a one-bedroom unit was $2,500 in the third quarter of the year a 20% year-over-year increase.
/PRNewswire/ -- Freedom Venture Investments has secured financing and broken ground on a 106-unit apartment complex, Cape Vista Apartments in Cape Coral, as...
/PRNewswire/ -- San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Selway Apartments in Meridian, Idaho. The...
A big downtown San Jose housing highrise has been bought by veteran real estate players from Beverly Hills for nearly $200 million in a deal that points to ongoing confidence in the city's urban core.
A house in Palo Alto that sold for $6.1 million tops the list of the most expensive real estate sales in Palo Alto in the past week.
Known for its iconic Raffles Hotel in Singapore, first opened in 1887 and still today serving as a waypoint for cosmopolitan jet setters, the brand has since opened a string of other luxe properties throughout Asia and Europe, embodying the pinnacles of luxury, service and discretion.
When the pandemic hit the U.S. in March of 2020, people experienced mass confusion. No one knew how long it would last or what would happen. New business models emerged, and new influences shaped the financial market. One of the most interesting outcomes was the birth of meme stocks. AMC Entertainment Holdings Inc. (NYSE: AMC) and GameStop Corp. (NYSE: GME), for example, grew as never before because of their meme status. The world of crypto followed a similar trajectory as Bitcoin surged and mem
In the early winter days of 2021, a time when homeowners, renters and small landlords alike were all still stuck under the crushing weight of a pandemic-induced economic downturn, the New York Court of Appeals made a decision that altered the legal landscape profoundly and with dire consequences for countless New Yorkers.
/PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 Vacant Property and...
With the Lions at 1-5 and just 4-18-1 since General Manager Brad Holmes and head coach Dan Campbell took over the teams football operation, owner Sheila Ford Hamp talked to reporters on Wednesday to state her confidence in the current regime.At this point, it sounds like Holmes and Campbell arent in any danger of being [more]
Good news for prospective homebuyers: After many months of skyrocketing home prices, they are finally on the downswing in many places across the country. However, some U.S. cities are seeing bigger...
Story at a glance A new survey from the real estate company Redfin found that 71 percent of Florida homeowners invest in defending their homes against climate disasters Forty percent of Florida homeowners have spent money to fortify their homes against hurricanes and tropical storms. The survey found that close to a third of U.S.…
Housing markets across the country are seeing home price growth slow, led by Sacramento, Calif., according to a new report by First American.
A 47-year-old Black woman lost her starter home to a white woman without her knowing that her home was foreclosed and up for sale.
Prepayment activity dropped -14.9% to a single-month mortality (SMM) rate of 0.57% in September below the recent record of 0.59% set in January 2019 to the...
/PRNewswire/ -- Consumer lawyers Nick Wooten, Rusty A. Payton, and Adam J. Feuer, have obtained a substantial verdict for their client in a consumer fraud case...
Owners of the home used for the Netflix series and the original house would no doubt appreciate the curious to be courteous.
A Massachusetts woman faces multiple charges of assault and battery for protesting a 'wrongful eviction' by unleashing a swarm of bees on police.