Real Estate

Is the real estate market about to crash? No way, says this CEO — and here's why

With corporate headquarters on Bunker Hill downtown, CBRE Group Inc. — the world's largest real estate services firm — is one of only a handful of Fortune 500 firms based in Los Angeles.<p>And it’s riding high after a long real estate boom. The company finished the first quarter with its profit up …

Finance

Nobody wants to buy this Connecticut ghost town that's on sale for $1.95 million

Johnsonville, Connecticut, looks straight out of an episode of "Twin Peaks" — old mill included. But unlike the small town on TV, Johnsonville has been abandoned for nearly 20 years.<p>Located on 62 acres off the Connecticut River, Johnsonville is up for grabs at $1.9 million. An eccentric millionaire …

Business

San Francisco's housing market may have peaked

The signs and numbers are already lining up.<p>According to Federal Housing Finance Agency data on our glorious Housing Bubble 2, house prices are doing what they’ve been doing for years: they’re surging. In the first quarter, they rose 6.0% year-over-year.<p>“The steep, multi-year rise in U.S. home …

San Francisco

Billionaire CEO Warren Buffett's California beach house is on sale for $11 million—take a look inside

Warren Buffett famously still lives in the Omaha, Neb., home he bought in 1958 for $31,000. (Now its property taxes are almost that much.)<p>But at the …

Warren Buffett

Cars whose leases are up are flooding the market, pushing prices down

In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 a month in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales.<p>Now they're coming back to haunt the automaker.<p>Like many companies that juiced sales with sweet leases during the past …

Electric Vehicles

Weiner lists swanky duplex where his life fell apart

Anthony Weiner’s unit is up for grabs.<p>Weiner, 52, and his estranged wife, Huma Abedin, are moving out of 1 Irving Place by the end of June and their …

Hillary Clinton

The prisoner's dilemma is confounding the housing market

The realization is setting in — the housing market faces an inventory impasse, not a demand dilemma. Existing-home sales continue to improve, up 1.6 …

Mortgages

What Is the Smartest Way to Pay Off a Debt?

<i>Q. My wife took out a $30,000 personal loan from a colleague whom she would like to pay back now. To get the funds, we could either refinance the mortgage on our co-op in Jackson Heights, Queens, or take out a home equity line of credit. Given the current mortgage rates, which would be the wiser</i> …

Mortgages

A high-stakes gamble: How Jared Kushner reacted to previous crises

<b>By Michael Kranish and Jonathan O’connell</b>, <i>The Washington Post</i>NEW YORK – Jared Kushner had barely survived a fight to save his family’s real estate …

Donald Trump

Hot Property: Former Spider-Man actor lands WeHo home — with a workspace suspended from the ceiling

Passing on house keys in this week’s roundup is a Canadian construction mogul, who hands off to a top pop singer.<p>And the Googleplex architect delivers his personal residence to a superhero film star. Put your spidey senses to work and you’ll guess who the buyer was.<p>Once you’re done checking out …

Harry Styles

London apartments to come with free Uber rides as part of the rent

A British housing developer is to begin offering flats with free Uber rides included in the rent.<p>The app-based taxi firm is following forays into …

Uber

Penthouse at One Balmoral sold for $4.48 mil

View photos<p>At the junction of Balmoral Road and Stevens Road is Hong Leong Holdings’ <b>One Balmoral</b> in prime District 10. On May 16, a 2,228 sq ft, …

Buy or rent: The small-business conundrum

Your business is growing up, and it’s time to consider investing in its future. The question for entrepreneurs is just how permanent your investment should be.<p>Here are four small-business resources — office space, employees, equipment and technology — and guidance to help you determine if you …

Small Business

Secure Estate in South Pacific for Sale, ID CODE: #3157

Affordable Estate Lot in Desired Development<p>ID CODE: #3157<p>Sales Price: US$179,000 Reduced to US$149,000<p><b>Land: 3 hectares (8 acres)</b><p>Build your dream …

Amsterdam’s Canal Ring District Has Historic Charm and Water Views

The area, which is becoming increasingly popular with foreigners, is relatively inexpensive compared to London, Paris and New York<p>Encircling the …

Europe

De Blasio botches paperwork for his rental properties

It’s Mayor de Blasio’s signature move — failing to follow bureaucratic rules for the two Brooklyn buildings he owns.<p>He’s been unable to register the …

New York City

Selena Gomez's New $3 Million Home Has a Massive Pool Perfect For Instagram Selfies

Selena Gomez is moving on. After putting her Texas mansion on the real estate market earlier this year, the 24-year-old singer and actress purchased …

Selena Gomez

A legendary Hollywood Hills home, whose renters included John Belushi and Liza Minnelli, changes hands

Storied homes are legion in the Hollywood Hills, but one just north of Sunset Boulevard arguably boasts the lion’s share of tales, along with a larger-than-life owner.<p>Producer Chet Sampson bought the Marmont Lane house in 1969 for $69,000 — packing the two-bedroom home with a string of high-profile …

Entertainment

The 10 most expensive seaside towns in Britain

Sandbanks in Dorset has been identified as Britain's most expensive seaside town for the second year in a row.<p>With an average house price of …

Lifestyle

The Listings of the Week: A Sprawling Montana Estate, an Edwardian Gem in Queensland and more

Tour the five luxury homes featured in our Listing of the Day series this week<p>A video tour of homes in Houston, Texas; Bigfork, Montana; Mykonos, …

Luxury Homes

Property sector to see many mergers, acquisitions

HÀ NỘI – The real estate market is busy with mergers and acquisitions (M&A), which are forecast to touch a record high this year, driven by the …

Finance

Chances of House, Senate agreement on property taxes appear slim

The Texas House on Saturday didn't let threats of a special session pressure leadership into re-opening negotiations with the Senate on property tax …

Government

Where to turn when you have a problem with your real-estate agent

<b>What happens after I file a complaint with RECO?</b><p>I usually offer advice to home buyers and sellers to help make their real-estate experiences go more …

Canadian News

Property tax bill dies, signaling possible special session for the Legislature | Texas Politics

AUSTIN -- A property tax overhaul is officially dead this legislative session -- for now.<p>The issue was a top priority for Lt. Gov. Dan Patrick, but …

Government

Zillow’s “Zestimates” Probably Aren’t The Best Way To Figure Out How Much Your House Is Worth

If you’ve been in the market for real estate lately — or even just idly browsing your old neighborhood from curiosity — you’ve almost certainly seen …

Consumer Protection

Work for Audible, Live Rent-Free?

Would you live in Newark if your boss paid your rent for a year?<p>That was the question that Audible.com, the audiobook company, posed to its workers when it announced a housing lottery in January. The 20 winning employees would get $2,000 a month in free rent for a year if they signed a two-year …

New York City

Most Millennials Want Homes, but Don’t Have Even $1K in Down Payment Savings

Anchiy/Getty ImagesMost millennials dream of becoming homeowners one day. But a recent report shows that a majority of them haven’t saved anywhere …

Business

The 3 Best Real Estate Stocks to Buy in 2017

Real estate, dividends, and growth can make for a powerful combination.<p>Want to invest in real estate but hate the hassle of being a landlord? You've …

Investing

Unsellable? New Jersey's Most Expensive Home Dropping To $45 Million After Seven Years On The Market

In 2010, real estate investor Richard Kurtz invited Forbes for an exclusive tour of his Alpine, N.J. home. He had just listed the 30,000 square-foot mega-mansion for $68 million. It was the most expensive listing in the state and among the most expensive in America. Seven years later the only the …

Business

12 of the most expensive mansions you can buy in the Caribbean right now

The Caribbean islands are a playground for the rich and famous, so it comes as no surprise that they are also home to some of the world's most expensive real estate.<p>International real estate listings database Point2Homes helped us compile a list of the most expensive homes that money can buy in the …

Luxury