Real Estate

Share to Facebook Share to Twitter Share to Linkedin Far East Organization—controlled by billionaire brothers Robert and Philip Ng—in partnership with Japan’s Sekisui House submitted the highest bid of S$320.8 million ($226 million) for a suburban residential site in the prime Upper Bukit Timah neighborhood in western Singapore. The duo’s offer was higher than the

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank had about 18,000 loans in its retail origination pipeline in

From above, this mountain home resembles a four-pointed star poised atop a ridge line in the foothills of northwestern Boulder, Colorado. But sheltered by the vaulted turquoise roofs is an evolving architectural showplace. Originally built in 1993, the modern house has been reimagined three times under different owners by E.J. Meade of Arch11 with the

The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The U.S. central bank has raised the benchmark short-term borrowing rate a total of six times this year, including 75 basis point increases in June, July and

Two-year old start-up Way will announce later today the close of their Series A round totaling $20 million with a valuation of $100 million. Tiger Global led the round with several other participants including MSD Capital, the Michael Dell–founded private investment firm which has a strong presence in the real estate technology landscape. In the

Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)

“The holiday season is tougher than other times of the year and has been noted to be more stressful,” says Dr. Ashley Zucker, a psychiatrist at Kaiser Permanente in Fontana, California. “Some of the most common causes are financial strain, feeling over-scheduled, and increased pressures at work to get things done by the end of

A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarming rate, and some homebuilders say it will only get worse come the new year as new orders dry up.

If you’ve ever purchased or searched for a piece of furniture from a major national retailer, you’ve probably come across the brand Four Hands without even knowing it. But don’t be fooled, Four Hands is a major name in the furniture industry earning nearly $500 million in revenue in 2021, outpacing the two previous years

In this article JPM MSFT INTU Follow your favorite stocksCREATE FREE ACCOUNT A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and embrace digital payments. The bank is piloting a platform it

Knowing what we do about the healing properties of trees makes many of us search for a woodland home. Forests are the ultimate antidote to the stressed pace of modern life. They clean the air while boosting our immune systems. The Japanese believe in shinrin-yoku, or forest bathing. Henry David Thoreau, too, believed that nature

Former U.S. President Donald Trump throws caps as he attends a rally in Warren, Michigan, U.S., October 1, 2022. Dieu-nalio Chery | Reutersm Former President Donald Trump and related defendants are opposing New York Attorney General Letitia James’ call for an independent monitor to oversee the Trump Organization’s submission of financial statements to third parties

Calling all snow bunnies: With the winter months fast approaching, there is no better place than Colorado to call home. If you have always wanted to move to the Centennial State, here are a few good reasons to consider heading west this winter. Whether you are looking for a luxury condo with slope-side ski-in/ski-out convenience

Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April

Years before the pandemic upended established workplace dynamics, leading property managers predicted the emergence of experiential office. Inspired by hospitality, it was a vision of tenant-first office management aimed at fostering meaningful relationships and rich experiences. The post-pandemic prevalence for hybrid work has quickly made that vision a reality. While some of the details have

Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ.  The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing

Immigrant entrepreneurs play a crucial role in innovation and job creation in the United States. “Immigrants have started more than half (319 of 582, or 55%) of America’s startup companies valued at $1 billion or more,” according to a recent report from the National Foundation for American Policy. Veev, a successful housing technology firm, is

Blocks of condominiums in Singapore. The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty Images SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. That’s because of

While there are signs that the overheated housing market is finally starting to cool down, home prices are still significantly higher in many parts of the country than before the pandemic. One of the side effects of these higher home prices is higher down payments. To illustrate high down payments, LendingTree analyzed data from more

A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images Mortgage demand fell last week to nearly half what it was a year ago, according to the Mortgage Bankers Association, as rates hit their highest level in 21