It's been seven years since the housing bubble burst and foreclosures skyrocketed, but in 2015 we'll see the end of that era. Already this year has seen a major improvement in the composition of sales--that is, there are fewer foreclosures and short sales in the mix.
There are many factors to consider when choosing a potential career; pay, prospects the elusive work/life balance. However too few people consider whether their chosen profession would in fact help them survive a zombie apocalypse.
Prices might be rising more slowly in millennials' favorite metros. But affordability is nonetheless a big challenge in those markets.
Real estate practitioners love times like these for marketing, as they can show that in most markets it's cheaper to buy than to rent. With interest rates still low and owned homes having to compete with foreclosures in the market, prices of homes not in foreclosure haven't been rising much.
Anyone who has struggled to save for a down payment knows that homes are expensive. REALLY expensive. Especially after taking advantage of so many holiday shopping deals lately. It got us thinking... how expensive would it be to actually build a house out of money?
There are the obvious daily habits such as diet, exercise, and social activities that ensure good health, but what about the things we don't always think about? The less obvious areas of impact on our health include our homes, offices, and the built environment around us.
Consumers think 2015 will be a better year than 2014, especially for selling a home. But the recovery will slow as the rebound effect fades before fundamentals become strong. Key markets to watch are in the Northeast, South, and West.
Just when ultra-luxury amenities seem to have reached their peak, developers strive a bit higher. Perhaps the most original feature of newly developed condos is the expansion of the traditional use of floor-to-ceiling windows.
As anyone who's moved a few times knows, not all neighborhoods are created equal. There is no such thing as the perfect neighborhood, because not all areas are going to be truly a perfect fit for everyone and their unique needs.
This week I point to the changing skyline of Manhattan as the physical embodiment of how money and power impact the lives and neighborhoods of everyday people.
Articles from doomsayers that the real estate agent is going the way of the dinosaur are premature and overstated, at least until bigger technological advances come along.
Every year, the start of the holiday season in New York is symbolized by the festive displays in public areas around the city. Traditionally, we look out for the raising of the Christmas tree in Rockefeller Center. However, this year a new digital figure is being added to the mix.
We find that first-time home buyers often misunderstand one of the key components of the home buying process: the appraisal. It is the single most important tool to ensure buyers pay a fair and equitable price for the property they purchase.
The doorman: an invaluable amenity that comes at a hefty price. The Wall Street Journal recently ran an article on the impact of having a doorman on the cost of units in a building in New York City.
Single family homes are still a great asset, but getting creative can provide alternatives that involve less competition and at far higher yields than other investment types.
Actor Jake Gyllenhaal just sold off his Los Angeles property for $3,262,500. The Hollywood star purchased the home back in 2005 for $2.5 million, around the same time of the release of his movie "Jarhead."