Real Estate

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

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

When it comes to real estate investing, taking a long-term approach has key benefits. The most successful investors I’ve dealt with in my career have built their portfolios over time. While there could be challenges to acquiring and refinancing assets in today’s market, there are still opportunities to be had. If you’re an investor who

Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters With record-high home prices and soaring mortgage interest rates, homeownership has become increasingly unaffordable — and hidden costs can surprise first-time buyers, experts say. Indeed, everyday home expenses, including utility bills, property taxes, insurance and home maintenance, cost the average

Many developers and design firms have looked to the adaptive reuse of underutilized office buildings as an answer to today’s dearth of affordable housing. But a superior solution may be found in converting the schools of yesteryear to much-needed housing. That is the conviction of architects at Moody Nolan, the nation’s largest Black-owned architecture firm,

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

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

NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for

With so many fluctuations in today’s market, securing the right tenant has become crucial—they will be a source of cash flow for your investment and losing one could lead to short-term or long-term losses. This means you’ll want to carry out solid research before presenting any leases. You’ll also want to make sure the terms

There are two product types that are gaining share within the built-for-rent single-family (”BTR”) space, being 1) horizontal apartment communities, and, 2) townhome communities. These are the two categories of BTR that are growing fastest, evidenced by the numbers of units reaching completion, and also based on our book of market study business. Of course,

High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% in the year up until June, maintaining its top ranking for the eighth consecutive quarter, according to a new report by Knight Frank. According to data

Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years. Total mortgage application volume fell 4.2% last week, compared with the previous week, according

Just a few miles from the business district of Chester, New Jersey, is a bucolic property with 52 acres of preserved farmland. Its many antique buildings, including a five-bedroom main house with the original section dating back to the 1700s, have been expanded and updated to modern tastes. Called Black River Farm, the property is

A house is for sale in Arlington, Virginia, July 13, 2023.  Saul Loeb | AFP | Getty Images Sales of previously owned homes dropped 2.2% in July from June to a seasonally-adjusted, annualized rate of 4.07 million units, according to the National Association of Realtors. Sales were 16.6% lower compared with July of last year.

An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member or an inheritance in order to afford their down payment. This is according to a Redfin commissioned survey of recent movers conducted in Spring 2023. First-time homeownership has become increasingly expensive, which has shut the door to

Once you’ve found a property and have a vision for how you could add value to it, you’ll need to present your case to potential investors. If you’re working with a partner for this step, you’ll both be reaching out to a network that likely consists of family and friends. Ideally, you’ll have started sharing

Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring

The costs to purchase a new home right now continue to escalate, putting it out of reach for much of the population, driving more households to stay in place and do what they can to maintain, repurpose and reimagine their homes. Many of the households currently on 15- and 30-year mortgage payment plans are at

Despite persistent predictions that a recession is imminent, the U.S. economy has fared surprisingly well. The first half of 2023 notched two quarters of positive growth, while a strong labor market and resilient consumer spending bodes well for the months to come. Gross domestic product, which tracks the overall health of the economy, rose more