Real Estate

Trouble keeps coming in for Cyprus regarding its golden passports investment program. After Al-Jazeera undercover journalists filmed Cypriot officials offering help to a fictional Chinese businessperson with a criminal record, to gain EU citizenship through the program, the European Commission announced that it is launching infringement procedures against Cyprus, as well Malta. Specifically, the Commission

(Photo: Getty Images | d3sign) SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant amount of losses for banks, according to a recent report. In previous downturns, commercial property loan losses were “heavy” and there are worrying

A pair of lawsuits aim to stop a HUD rule that would weaken a key fair housing tool. getty A coalition of fair housing advocates has filed a federal lawsuit against the U.S. Department of Housing and Urban Development over the recent reversal of long-standing fair housing protections.  The suit challenges HUD’s new disparate impact

Prices in the Hamptons hit new records in the third quarter, as wealthy New Yorkers fled the city and continue to buy homes on the beach, according to a new report. The average sales price in the Hamptons soared 46% in the quarter, to just over $2 million, according to a report from Douglas Elliman

A “sold” sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. The housing market has … [+] staged a furious comeback this summer, even as the economy struggles to regain its footing. Home sales have surged to the highest level in more than a decade. The strength has been driven by

The CEO of real estate brokerage Redfin told CNBC on Thursday he anticipates the coronavirus pandemic-driven boom in the housing market will persist into next year. Existing home sales increased 9.4% in September, surpassing expectations, and the median purchase price rose nearly 15% year over year, according to data released earlier Thursday by the National Association of

One out of two college students knows “housing insecurity” by heart, first-hand. As many as 68,000 claim to be homeless. That data came before the novel coronavirus struck, heat-seeking America’s and the world’s most vulnerable. So when sustainable urbanism grad student Armelle Coutant and three of her Stanford University colleagues set out on a sleep-deprived

Kenny Williamson | Moment | Getty Images A local authority in the U.K. is to provide university researchers with a house to test low-carbon technologies, with the collaboration set to gather potentially valuable data which could inform how buildings are designed in the years ahead.  The partnership, between Hull City Council and the University of

Housing starts per 1,000 people are at the lowest rate in history. Zonda (Meyers Research) Three months, or just 90 days. That’s the current forecast of new home supply that we have in the US, which is an all-time low, says Ali Wolf, chief economist at Zonda, a data, media and advisory company serving the

Pedestrians walk past a home with a “Sold” sign in San Francisco. David Paul Morris | Bloomberg | Getty Images Sales of existing homes rose a higher-than-expected 9.5 % in September to a seasonally adjusted annualized rate of 6.54 million units, according to the National Association of Realtors. Sales were up 20.9% annually. Sales could

Andrew Cuomo attends a 9/11 memorial service on September 11, 2020. (Photo by Michael M. … [+] Santiago/Getty Images) Getty Images New York governor Andrew Cuomo extended the ban on Covid-related commercial evictions and foreclosures on Tuesday. Landlords are now prevented from attempting to oust commercial tenants through January 1. The moratorium had been set

Retrofits can include the installation of solar panels on a home’s rooftop, such as this property in Kent, England. Andrew Aitchison | In Pictures | Getty Images You only need to look at the huge numbers of people working from home to see how tech has changed the buildings we live in.  Through laptops, tablets

Eliot Bencuya is Co-Founder of real estate investing firms Streitwise and Tryperion Partners. getty What the future holds for office buildings is yet to be written. But what the here and now is telling us is that suburban office buildings – particularly those in walkable locations in close proximity to retail and housing – are faring much

SEATTLE, WASHINGTON – New England Patriots’ Brandon Copeland (L) and Stephon Gilmore tackle Seattle Seahawks’ Chris Carson on September 20, 2020 in Seattle, Washington. Abbie Parr | Getty Images Sport | Getty Images Millions of Americans have been financially impacted by the coronavirus pandemic. New England Patriots linebacker Brandon Copeland wants to help. “We can’t

Building a real estate brokerage can be a rewarding and lucrative opportunity, but it isn’t something to rush into. You’ll want to do your research and carefully consider your options before making any major decisions. One such important decision is determining whether to partner with someone, and if you do, determining who to choose as

In mid-September, the envelope finally arrived. As Erin Madden opened it and pulled out the debit card with her unemployment benefits on it, all she could think about was the half a year she’d waited for this moment. She had come to feel it would never happen. “I almost didn’t believe that it had finally

Home buyers expand their needed requirements to meet the demands of work from home and distance … [+] learning getty Last week, Box, Inc., told their staff that they can work from home permanently. Box joins numerous companies who have told their employees that they have the option of working from home indefinitely. We have

CookFox Architects, a firm in Manhattan that works on sustainability and green spaces in designing buildings, is a showcase for biophilia, with its office building in Midtown equipped with three rooftop terraces. CookFox Architects Even as the coronavirus pandemic worsens in the U.S., stay-at-home orders in some areas have loosened and companies have sent some

A new lot of 15 abandoned buildings located in the old Saracen district will go to the highest bidders The Sicilian town of Sambuca is preparing to place on the market a second lot of abandoned houses for a symbolic €2, or just under $2.4, less than the cost of a cappuccino. But it’s waiting

Democratic U.S. vice presidential nominee and Senator Kamala Harris speaks at a drive-in campaign event in Las Vegas, Nevada, U.S., October 2, 2020. David Becker | Reuters Democratic vice presidential nominee Kamala Harris took part in a big-money fundraiser Friday that was hosted by real estate investment giant Related Companies and the executive chairman of

Ralph DiBugnara is President of Home Qualified, a digital resource for the buyers, sellers and realtors driving today’s millennial market. Getty Social media has become the a top outlet for consumers when starting their search for real estate. According to the National Association of Realtors, 99% of millennials and 90% of baby boomers begin their home

Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major

Robert Clark is Founder and Executive Chairman at Clayco, a design-build company with more than 30 years of experience in the industry.  getty A number of large businesses have been helping small, minority-owned and women-owned businesses since the beginning of the pandemic. JP Morgan Chase donated $8 million to small businesses to help them avoid economic

China’s Evergrande Real Estate Group. Brent Lewin | Bloomberg | Getty Images SINGAPORE — Shares of China Evergrande plunged on Wednesday, after the indebted Chinese property developer said it had placed new shares at a discount. On Wednesday morning, its Hong Kong-listed shares dived more than 16%. The cash-strapped developer, China’s second-largest by sales, announced

With stunning views of the city, The Emerald is Seattle’s newest waterfront residential tower. Cory Holland, Clarity NW Just completed, The Emerald is Seattle’s newest luxury condominium tower, located above downtown Seattle’s iconic Pike Place Market and the city’s newly reimagined waterfront. The 40-story faceted-glass building located at the corner of 2nd Avenue and Stewart Street

People walk into a house for sale in Floral Park, Nassau County, New York, the United States, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Borrowers are clearly used to hearing that mortgage rates set another record low because last week’s dip did nothing to spur mortgage demand. The volume

Hundreds of headlines blare daily warnings about the dreaded ‘Covid 19’ pounds packed on during these long pandemic months. Americans are locked out of their local gyms and yoga studios, locked down in their homes, and locked away from friends and family members for support. What isn’t locked down are the refrigerator and pantry, and

SINGAPORE — Global real estate prices have largely held their own in the face of an unprecedented economic hit from the coronavirus pandemic, says Sean Darby, global head of equity strategy at Jefferies. “It’s been perhaps one of the most fortunate events for policymakers in that we’ve not really seen any significant declines in global

Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, the first platform to find apartments for rent in NYC focused on unedited videos getty Where are America’s millennials moving? Ask their parents. For the first time, over 50% of young adults now live with their parents. It’s unsurprising since millions of Americans recently lost their

People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule. Demand for housing has been unusually strong, due to the coronavirus pandemic, and