Real Estate
Real estate developer details Florida’s new ‘life-changing’ residences: ‘The epicenter of Miami’
Paramount Miami Worldcenter and Legacy Hotel and Residences developer Dan Kodsi explains how his projects bring together luxury and lifestyle with a high-tech, health twist.
State Farm ceasing new applications in California for property insurance, other policies
State Farm said it will no longer accept new applications for personal and business, and personal lines property coverage.
Mortgage rates spike over economic uncertainty
New data shows that mortgage rates climbed to the highest level since mid-March as debt default concerns linger. The rate on the 30-year fixed mortgage rose to 6.57% this week.
Dubai's red-hot real estate may acquire another architectural wonder with $5 billion man-made ‘moon’
A Canadian entrepreneur has proposed a plan to construct a 900-foot replica of the moon to sit atop a building in Dubai, home of some of the world’s greatest architectural wonders.
Manhattan rents reach another record high
The median rent in Manhattan rose 1.6% to $4,241 last month, notching yet another record. Median rents are up more than 8% compared to a year ago, according to a new report.
Mortgage rates rise after falling for 2 weeks
Mortgage rates reversed course this week and began to climb as multiple cross currents continue to affect the supply of houses and demand for mortgages.
Democrat congressman dismisses GOP outrage of Biden mortgage rule
President Biden's new mortgage rules were the topic of debate during a Joint Economic Committee meeting on Capitol Hill Wednesday.
Luxury condos make Florida history with state’s largest construction loan in post-rate hike era
The Ritz-Carlton Residences in Palm Beach Gardens are "really like homes in the sky," according to developer Dan Catalfumo, who's building the record-breaking luxury condos.
Mortgage rates inch lower for second straight week
Mortgage rates declined again this week, marking the lowest level in five weeks, according to data from Freddie Mac. The rate on the 30-year fixed mortgage fell to 6.35%.
Experts for top mortgage lenders debunk biggest myth about Biden's rule punishing homebuyers with good credit
LoanDepot broker John Gerardi and United Wholesale Mortgage COO Melinda Wilner dissect the impact of the Biden administration's new mortgage rule.
Eviction bans remain in California more than 3 years into the pandemic
Proponents of the California bans say that lifting all protections would exacerbate homelessness in cities with some of the country’s highest housing costs.
Colorado homebuyer discovers snakes in walls as she moves in: 'I'm petrified'
A woman in Centennial, Colorado, purchased a new home for her family before discovering the house's drywall and patio were infested with nests of snakes.