Close-up and side view of classic Georgian buildings in London, England, UK. Colors Hunter – Chasseur De Couleurs | Moment | Getty Images LONDON — London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes from the U.K. Labour government add further pressure to the once lucrative investment sector. Almost
Month: September 2024
Gen Z has taken the lead in the homeownership race. In 2023, the homeownership rate for adult Gen Zers, or those between 19 and 26 years old, was higher than the homeownership rate for millennials and Gen X when they were 24, according to Redfin, a real estate company. The race is close, though. About
Country star Zac Brown is saying goodbye to his luxurious Lake Lanier, Georgia estate — just as his divorce battle heats up. Brown has put his sprawling lakeside home on the market for $3.25 million, hoping to make a hefty profit after buying it for $1.8 million back in June 2020. The listing was first
File photo Patrick T. Fallon | Bloomberg | Getty Images Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week. Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate
A palatial home that once belonged to the legendary late prima ballerina Dame Margot Fonteyn is looking for its next steward. The newly listed, nearly 16,000-square-foot property is located in the Knightsbridge district of London — and asks a mighty $85.81 million. Originally built in 1928, Fonteyn — who passed away in 1991 — moved
Discover 3 ways that real estate investors are uniquely qualified to assist natural disaster victims. Several natural disasters (Hurricane Irma, Hurricane Harvey, Hurricane Maria, California Wildfires) have been devastating and help is needed. Real estate investors can help! This video explains how.
We know the bad news about downtown: offices 30% vacant, Water Street a near ghost town and some old buildings facing foreclosure. But there’s better news as well. And it isn’t all at the World Trade Center and Brookfield Place. Two major towers on Liberty Street shrugged off the pandemic’s worst damage and their owners
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist. The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, adding
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s
Online retailer Fashion Nova just got a spiffy new California headquarters, the company announced by email this week. Richard Saghian, founder and CEO of the fast fashion company, bought this 175,000-square-foot building in Beverly Hills in an off-market, all-cash deal from real estate corporation Tishman Speyer, The Post has learned. The Real Deal reported that
Ever dreamt of scoring big with quick house flips, just like they do on HGTV? This video unveils the unvarnished truth about flipping houses in the USA. Separating reality from the TV show Sparkle, it exposes common myths like flipping being easy money. Uncover the hidden renovation costs, unexpected delays, and the essential sweat, strategy,
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You’ve got to make a great first impression. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf Whether you’re flipping a property or simply looking to get the best price for your home once it’s time to sell, you need to be smart about where you invest your time and resources. Not every room or feature is