Real Estate

Low inventory and rising interest rates will likely be a factor in the spring real estate market in North Central New Jersey. The recently released February 2023 market report from Turpin Realtors, which covers Essex, Hunterdon, Morris, Somerset and Union counties, is a predictor of the upcoming prime season. “February typically is when we begin

Simpleimages | Moment | Getty Images It can be hard to separate financial fact from fiction. CNBC polled eight personal finance experts to help answer one question: What are the biggest money myths out there for consumers? Here are 9 of the top fallacies the financial gurus debunked. Myth #1: Giving up a daily coffee

Forbes Global Properties Grand Cayman is a resort mecca with white sand beaches, scuba diving, snorkeling and deep-sea fishing. The largest of the Cayman Islands, it boasts fine dining, a stress-free environment and picture-perfect weather. A draw for real estate investors and expats: The entire British Overseas Territory is a tax haven with no property,

An ‘open house’ flag is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images Stress in the banking system turned out to be a boon for the U.S. mortgage market. As investors hid in the relative safety of the bond market, yields moved even lower

When lawyers work on commercial real estate or other transactions, they typically charge for their time by the hour. If the transaction doesn’t close, the bill is the same as if it did close. Clients who face those bills don’t like them. These bills cause maximum pain if the transaction nearly closed and the lawyer

A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco, California. Justin Sullivan | Getty Images It might seem like a great time to list your home for sale. Buyers are flooding back into the market, mortgage rates have fallen off their recent highs, and

A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Higher mortgage rates took some of the juice out of the housing recovery in February. After a sharp gain in January, pending home sales rose just 0.8% month to month, according to the

With continual interest rate hikes made by the Federal Reserve beginning in 2022, housing markets across the United States have been experiencing significant disruptions in activity. And this disruption is particularly noticeable in the levels of available housing inventory. Over the course of one year, from 2022 to 2023, countless American housing markets have seen

Commercial leases often require tenants to deliver letters of credit instead of cash security deposits. This practice reflects the belief that an L/C gives the owner better security than a cash deposit if the tenant goes bankrupt. Until very recently, many of those L/Cs came from Signature Bank or—especially for start-up or high-tech companies—Silicon Valley

A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images Home prices cooled in January, up only 3.8% nationally than they were a year earlier, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. That is down from 5.6%

Even when they don’t buy a fixer-upper, most people will end up doing some amount of repairs on a new home. About 95% of homeowners said they plan to take on a major home improvement project in the next five years, according to a recent report by Real Estate Witch. However, only 50% said they

Single men have long been more likely than single women to own a home, but that gap narrowed sharply in recent years, nearly closing in 2021. However, a recent survey shows that it widened again last year, shining light on the home buying challenges single women face, including lower salaries and a more volatile workforce

A private island in Palm Beach could become the most-expensive home ever sold in Florida, if it gets its asking price of $218 million. Developer Todd Michael Glaser and his partners bought 10 Tarpon Isle — the only private island in Palm Beach — for $85 million in 2021. They built a brand new house,

The Hollywood Hills home that once belonged to actress Emily Blunt and her husband, actor John Krasinski, is back on the market for $6 million. The couple bought the 3,657-square-foot Hollywood Hills home in 2014 for $2.57 million and spent the next two years adding their own unique style to the four-bedroom home. For avid

Mireya Acierto | Photodisc | Getty Images It’s not unusual for wealthy taxpayers to relocate from high-tax states to low-tax states. There’s evidence in population trends: Texas and Florida — neither of which have a state income tax — were the states with the biggest population increases from 2020 to 2021, according to the latest

Forbes Global Properties Rubbing elbows with the Southern California coastline cities of Redondo Beach and Manhattan Beach is the more relaxed community of Hermosa Beach. With a laid-back beach town vibe and an active nightlife scene, the city offers 94 acres of public beach along nearly 2 miles of oceanfront. Sharing this strip of sand

Dima_sidelnikov | Istock | Getty Images Recent headlines underscore the fragility of the stock market and, along with it, the ability for many investors to make reasonable decisions about their retirement readiness. Many who recall the violent reaction their portfolios had in the Dot Com Bubble and the Financial Crisis would prefer to avoid the

Enrollment at top private schools in South Florida is booming, as many out-of-state families have moved to South Florida in the years since the pandemic, seeking sunny weather, and escaping state income tax. For families in the region and those moving South, increasingly competitive enrollment trends can make choosing the right school particularly difficult and