In the massive and eclectic mosaic that is America, each county tells its own unique story, interwoven with threads of hope, ambition, dreams, and sometimes, stark contrasts. But in every state, there exists a county where these contrasts are most palpable — where the divide between the opulent and the struggling is not just a
Real Estate
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Bluecinema Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly realize you’re locked out of your home. Luckily, on-call locksmiths are available to help.
Whether you’re selling your home or commercial property, the broker you work with during the process can make a significant difference. This is especially true in today’s market, which faces several factors including a shortage of homes and rising interest rates. It may be necessary to find the right buyer for your place, and that
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Jasondoiy | Istock | Getty Images Coming up with a large chunk of cash for a down payment is likely the first thing that comes to mind when people think of buying a house one day. But you probably don’t need as much money as
On the surface, the news from the New York City office sector may look grim: vacancy rates nearing 20%, occupancy rates stubbornly stuck at around 50%, interest rates rising, values dropping, anemic investment sales activity and owners giving keys back to lenders. Fortunately, that isn’t the full story. As I discussed in my previous Forbes
Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% higher than August 2022, according to real estate tech platform RealPage. Compare that to a year ago, when rents were posting 11% annual growth. With
The news is full of stories regarding yesterday’s call by WeWork to its landlords serving notice that they were seeking to renegotiate nearly all their leases. This was accompanied by a letter from WeWork CEO David Tolley who stated inter alia that “[a]s part of these negotiations, we expect to exit unfit and underperforming locations”
Many Americans are house-rich, at least on paper. Thanks to skyrocketing housing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve — just shy of the 2022 peak. That’s roughly $200,000 cash per homeowner in equity that can be tapped, which is the amount most lenders
New York state is, of course, home to New York City, which in turn is home to some of the wealthiest zip codes, all squeezed into the tiny island of Manhattan. But what about the rest of the state? What are the richest cities in the Empire State? In a series of studies, we analyzed
A “For Sale” sign is displayed in front of a home on August 30, 2023 in Los Angeles, California. Mario Tama | Getty Images After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with
When privacy is a priority, there are certain enclaves where high-net-worth individuals congregate. In Ontario’s greater Toronto area, a stretch of Forest Ridge in Richmond Hill fills the bill. The large estate homes there, sheltered by 200-year-old trees, attract the likes of corporate CEOs and NHL hockey players. “It is in a well-established sanctuary of
In this article 960-HK 2007-HK 3380-HK 3333-HK Follow your favorite stocksCREATE FREE ACCOUNT Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018. Anthony Kwan | Bloomberg | Getty Images Hong Kong-listed
Gary Burchell | Getty Images More couples are becoming homeowners before tying the knot. Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors. The organization mailed out a survey in July 2022 and received a total of 4,854
The Sport of Kings has forever been a study in contrasts. The spirited game features champion horses, their thundering hoofs vibrating flutes of Veuve Clicquot enjoyed by spectators in the field-side cabanas. Some trendsetters forget to lower their Bulgari shades to notice the match―unless, of course, the players include Ignacio “Nacho” Figueras, Argentina’s star competitor
After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That’s a bigger annual gain than the roughly 1% recorded in June, and August’s annual comparison
Fall is almost here. If it’s been a busy summer filled with fun and travel, your home has probably been the last thing on your mind. So, if things need a little repair or refresh, now is the time. Remember, the holidays are just around the corner, so it’s important to get your home in
An aerial picture taken on October 1, 2022 shows a broken section of the Pine Island Road and destroyed houses in the aftermath of Hurricane Ian in Matlacha, Florida. Ricardo Arduengo | AFP | Getty Images Frequent weather catastrophes, induced in part by climate change, are bearing down on homeowners and would-be buyers. Some home
Visitors of Austin would likely be forgiven for mistaking Lake Austin for a river—at its widest, the 22-mile, meandering body of water is only 1,300 feet. However, Lake Austin is neither a lake nor a river but a reservoir built in 1939. Regardless of its designation, Lake Austin has remained a beloved landmark of the
State Attorney General Letitia James seen during public safety announcement to prevent gun violence at City Hall, July 31, 2023. Lev Radin | Pacific Press | Lightrocket | Getty Images New York’s attorney general asked a judge Wednesday for a partial summary judgment against Donald Trump in her $250 million lawsuit accusing the former president
It’s a painful reality: The cost of homes is putting homeownership beyond the reach of a growing share of Americans. A new bill called The Neighborhood Homes Investment Act (NHIA) strives to address this problem, encouraging affordable home building and spurring renewal of distressed neighborhoods through the creation of a new tax credit. By supporting
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