Some Americans believe that real estate is the best long-term investment. If you’re among them, real estate investment trusts, or REITs, might be the easiest way to tap the market. About 36% of surveyed Americans ranked real estate as the top long-term investment, more than cited stocks or mutual funds (22%), gold (18%), and savings
Following a period of shrinking floor plans, rentals are growing in square footage. A new report from the apartment search website RentCafe has found that the size of new US apartments is once again rising, most notably in large cities including San Francisco, Manhattan, Chicago and Washington, DC. Nationwide, RentCafe found that new rental apartments
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an
A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty Images Mortgage interest rates last week moved to the highest level since early May, and that pushed mortgage demand lower for the second straight week. Total mortgage application volume fell 5.2% last week, compared with the previous
In a move to tackle one upstate region’s housing crunch, Ulster County Jail in Kingston, NY is being reborn as a mixed-use community. The jail, which faced the wrecking ball in 2022, is making way for desperately needed housing. Gov. Kathy Hochul, speaking in Hyde Park this week, unveiled plans to boost housing in New
Consumers confronted with high housing prices sometimes point to private equity when buying homes as a contributing factor. But experts say that while the housing market has multiple issues, it’s hard to determine if real estate investor activity is truly deterring people from becoming homeowners across the U.S. Real estate investors purchased about 44,000 U.S.
Yet another Hamptons mobile home has hit the market with an exorbitant price tag. Continuing the recent trend, a residence in the tony Montauk Shores trailer park has been listed for sale at $3.2 million. The two-bedroom, one-bathroom, 600-square-foot abode is located at 100 Deforest Road in the posh hamlet of Montauk. There are a
In this article F F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit’s downfall and blight into a new technology campus for the automaker and mixed-use property for the city. Michael Wayland / CNBC DETROIT – Ford’s latest project out
Brookfield’s thriving Manhattan West complex already had Italian, Middle Eastern, Spanish and Japanese restaurants. Soon, it will add home-town American favorite P.J. Clarke’s to the mix. The eatery, officially known as P.J. Clarke’s Oyster Bar & Grille, signed a lease for 7,500 square feet at 424 W. 34th St., aka 4 Manhattan West — a
Several markets where high-end home prices haven’t skyrocketed are dense population centers that people left during the pandemic, when remote-work options allowed folks to live farther from their big-city jobs. These already high-priced housing markets meant there wasn’t much room for prices to grow, especially given buyers’ ongoing affordability challenges, points out Hannah Jones, a
Hurricane Irma strikes Miami, Florida, in 2017. Warren Faidley | Getty Images Hurricane season has officially begun. With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. The National Oceanic and Atmospheric Administration said in its forecast May 23 that it expects an 85% chance
The final scene of “The Jinx: Part Two” docuseries finale, which aired on Sunday, shows stunning views of a lavish beachfront mansion, meant to represent the Hamptons home of killer Robert Durst‘s widow, Debrah Lee Charatan. The series, which chronicles the California murder prosecution of New York real estate scion Durst, uses Charatan’s Bridgehampton mansion,
Blackcat | E+ | Getty Images Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been charged a late fee on some kind of bill in the last 12 months, according to a new report by NerdWallet. Credit card late fees were the most common,
Los Angeles real estate company The Agency is selling homes complete with artwork and furniture. The piece shown is called “The McCoys II” (2019) and is by artist Shaina McCoy. The Agency | Nils Timm When Paul Lester joined a luxury real estate agency in Los Angeles, he decided to organize a Beverly Hills property
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