Warburg Realty, Manhattan’s premier luxury independent residential real estate firm, is moving forward as the city rebounds. Long known as New York’s blue-chip brokerage since opening its doors in 1896, Warburg Realty recently welcomed back Stephen Klym as senior vice-president for strategic initiatives and Tribeca sales director. Klym brings decades of industry experience as he
Real Estate
People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020. Xinhua News Agency | Getty Images Mortgage interest rates are near historic lows. Yet if you want to take advantage of those rates, check your credit score first. That three-digit number determines whether you can get
Millions of Americans will be taking the opportunity to barbecue with friends today. Others will be observing the solemn occasion with a visit to a national site honoring fallen warriors. For those in the fitness world, Memorial Day is often kicked off with a challenging workout of the day called “Murph.” The Murph Hero WOD,
No-Mad | iStock | Getty Images More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national eviction ban expires in June. The Centers for Disease Control and Prevention’s eviction moratorium, which has been in effect since September, will lift on June 30. Although the
After four years of planning meetings, including over 100 community sessions, the multi-purpose campus for Google received unanimous approval this week from the San Jose City Council. The 80-acre site will bring 4,000 residential units plus 7.3 million square feet of office space. The office buildings are to provide space for an estimated 20,000 workers.
Eddie Valdivia and his wife Vanessa pose in front of their first house, which they purchased in October 2020 with the help of a VA loan. Eddie Valdivia, 34 and his wife, Vanessa, 36, workers at the Red Cross, bought their first house last October, right in the middle of the pandemic. It’s a three-bedroom,
Everything is coming up roses (and peonies) for Courtney Sixx, who is the founder of Bouquet Box. This innovative subscription box is the perfect gift for anyone with an equal appreciation for flowers and DIY projects. Launched in February 2021, Bouquet Box was co-created with famed floral design house Mark’s Garden. It’s a truly innovative product that’s the
Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program. With the Fed still buying at least $120 billion in bonds each month, a total that includes $40 billion in mortgage-backed
Charleston, S.C.—Located on one of Charleston’s barrier islands, the new luxury community Kiawah River reported an unprecedented sales record in the first quarter of 2021, surpassing its overall sales total for the previous year. As full-time remote work becomes a possibility for more U.S. workers, this somewhat remote Lowcountry agrihood is attracting buyers from across
Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more
Real estate financing startup Homeward completed a $371 Million Series B round that values the three-year-old business at more than $800 million. The round, which included $136 million of equity funding and $235 million in debt financing, comes as continued demand for housing has led to a boom in all-cash offers. Similar to i-buying firm
If you are suffering from post-pandemic sticker shock, you are not alone. From gas and groceries to computers and clothing, everyday items are suddenly more expensive. As the country recovers in the wake of the coronavirus outbreak and Americans put their stimulus checks and stashed cash to work, some of these higher costs are simply the price consumers
Singapore aims to grow by 7-8% by 2030. This figure would represent moderate growth if it referred to the country’s GDP; however, it is referring to the physical country itself. We may not realize it, but many of us live and work in neighborhoods located on former rivers, bays, and oceans that were reclaimed and
A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand. Total mortgage application volume fell 4.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased
Covid spurred you to improve the health potential of your home for the well-being of your family, but might these improvements also add to the value of your property? That is quite likely, given their growing popularity across the country. Which ones are worth considering, not just for your use, but for future resale? And
A computer generated aerial view of Greater Springfield near Brisbane, Australia. Springfield City Group Travel up the sunny shores of Australia’s Gold Coast, 25 kilometers outside of Brisbane, and you’ll find Greater Springfield, a city that’s different by design. You may never have heard of it. Unsurprising; the city is not yet 30 years old.
In a sea of flashy amenities and larger-than-life mega-mansions, it can be challenging to stand out in Los Angeles’ speculative development scene. But one development firm is redefining the idea of luxury living in L.A. by leveraging a highly bespoke approach. Viewpoint Collection is a premier real estate developer that works with the most renowned
The Atlantic hurricane season hasn’t even begun (it officially starts June 1), but excessive spring flooding has already displaced thousands of residents in Louisiana. A freak ice storm in Texas in February took out much of the state’s power grid, plunging nearly 10 million people into a cold, dark catastrophe. More than 150 people
The question might seem so ridiculous that it borders on idiotic—after all, Malibu is known around the world for its epic coastal hills that slope dramatically into soft-sanded beaches lining the Pacific, as well as its Mediterranean climate and famous residents that include the likes of Will Smith, Leonardo DiCaprio and Pierce Brosnan. But if
Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted, annualized rate of 5.85 million units, according to the National Association of Realtors. It was the third straight month of declines, the group said. Sales were 33.9% higher than April of 2020, but that
San Miguel de Allende, located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato, is a prime destination for American retirees. COVID has only increased this gem of a city’s desirability. These ex-pats move for a mild climate, five-star dining, accessible art and culture, Baroque/Neoclassical colonial
Residential buildings in the East Village neighborhood of Manhattan in New York City. James Andrews | iStock | Getty Images The Treasury Department announced on Friday that it’s disbursed more than $6 billion to states to help renters and landlords struggling because of the coronavirus pandemic. Between the last two major stimulus packages, Congress has
At first glance, you might not call this estate in Carpinteria a contemporary. The innovative design takes many of its cues from adobe or Pueblo Revival architecture. But here, the stucco walls have clean, crisp corners rather than rounded edges. Overhangs replace exposed beams on the exterior. The trapezoid is the predominant structure shape, not the rectangle
US President-elect Donald Trump along with his son Donald, Jr., arrive for a press conference at Trump Tower in New York, as Allen Weisselberg (C), chief financial officer of The Trump, looks on. Timothy A. Clary | AFP | Getty Images The longtime chief financial officer of the Trump Organization, Allen Weisselberg, is under criminal
A quadruplex penthouse in Midtown Manhattan that comes with seven terraces and nearly 2,000 square feet of outdoor living space has hit the market for $9.995 million, according to a new listing with Forbes Global Properties. The sprawling residence is owned by licensing executive Al Kahn and his wife, Jillian Crane. Khan, who has decades
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York on April 18, 2021. Raychel Brightman | Newsday LLC | Newsday | Getty Images Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be
An earlier post made clear this economy’s powerful near-term growth momentum. It also warned about longer-term economic risks, especially given Washington’s efforts to hype the economy. Against this background of conjoined economic optimism and worry (common enough in almost all economic analyses) the expansion in residential real estate seems so far to rest on a remarkably
Broker Associate at LIV | Sotheby’s International Realty based in Breckenridge, Colorado. On March 10, 2021, Freddie Mac and Fannie May announced that they will buy fewer second-home and investment mortgages. Although the news did not set the real estate market into a downward spiral, it is now raising concerns for consumers as well as for real estate
Contractors work on single-family homes under construction in the Cadence Park development of The Great Park Neighborhoods in Irvine, California, on Wednesday, April 14, 2021. Bing Guan | Bloomberg | Getty Images Strong buyer demand is keeping homebuilders confident, but the risk of rising construction material costs continues to weigh on housing affordability. Builder sentiment
Nearly two-thirds, or 64%, of millennials (ages 25 to 40) say they have at least one regret about purchasing their current home, according to a new poll of more than 1,400 U.S. homeowners from Bankrate. Only about 45% of Gen X (ages 41 to 56) and 33% of baby boomers (ages 57 to 75) reported