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The average monthly mortgage payment by state, city, and year
The average mortgage payment is $1,275 on 30-year fixed mortgage, and $1,751 on a 15-year fixed mortgage.However, a more accurate measure of what the typical American spends on their mortgage each...
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Wealthy New Yorkers are scooping up second apartments to use as offices so...
Wealthy New Yorkers are buying or renting second apartments in the city for more space, The New York Post's Zachary Kussin reported.The second apartments help them separate life from work in a remote...
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Miami billionaires are locked in a feud over a proposed 47-foot height...
Two sets of billionaires are feuding over the height of a planned luxury tower in Miami Beach, Katherine Kallergis reported for The Real Deal.The billionaire developers of a planned Aman-branded luxury...
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Facebook just leased office space in a 128-year-old New York City post office...
Facebook just signed a lease to take all of the office space in the Farley Building in New York City.The building is the main USPS hub in New York City, built in 1912.The Farley Building has been...
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How to begin investing in real estate, and why you should get started during...
The real estate market offers a straightforward way to get started in investing, and can be a wise move during the pandemic to diversify your portfolio and generate passive income.Real estate...
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These shipping containers unfold into $50,000 tiny homes that can be stacked...
Boxabl builds tiny homes that unfold out of shipping containers.The company is working toward building a housing module factory on par with car factories.They plan to mass produce modules that can be...
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5 cities real estate investors should target in the 2020s, from a property...
As the US continues to experience a volatile real estate market, the projected decrease in home prices over the next year could mean it will soon be the right time for investors to buy.Some locations...
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Fredrik Eklund, the founder of a bicoastal real estate team that signed $100...
Fredrik Eklund is the founder of Douglas Elliman's bicoastal Eklund Gomes team and an original cast member of Bravo's 'Million Dollar Listing.' The executive and TV personality has been learning to...
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Cold storage is 2020's red-hot real estate play. Here's how the...
Cold-storage giant Lineage Logistics revealed to Business Insider that it has scooped up 24 warehouses across the US for more than $500 million, solidifying the company as the industry's largest...
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Real-estate developers are racing to reimagine struggling retail space as...
With the retail apocalypse seeing acceleration from the pandemic, developers, and landlords are increasingly looking to redevelop retail into residential or industrial spaces. The strategy has been...
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Sales of pricey New York City apartments plunge as the suburbs become cool again
New York City apartment sales plunged in July, according to a report from the real-estate firm Douglas Elliman.But in neighboring suburbs, home sales are surging as wealthy New Yorkers seek greener...
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Millennials are finally buying homes — and it's through Instagram, of course
Millennials are snapping up historic homes for less than $100,000 via Instagram account Cheap Old Houses, reported The New York Post's Shayne Benowitz.The pandemic is fueling their interest in these...
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A student-housing developer with a crushing debt load pressured Georgia to...
Privately-held real estate company Corvias has faced congressional scrutiny for its military housing. Now, the company is under fire for influencing return-to-campus plans for colleges in Michigan and...
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A Miami Beach development has the ultimate luxury work-from-home amenity:...
Luxury office suites are the newest part of the ultra-wealthy work-from-home experience.The Ritz-Carlton Residences, Miami Beach, has begun offering private office suites to existing residents after...
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3 investments that boost passive income, from a property manager who built an...
Generating passive income is a common goal among real estate investors. Mike Hills has been "house hacking" for close to 20 years and has built a portfolio worth more than $8 million.Property managers,...
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4 podcasts for beginner real estate investors
Investing in real estate is a great way to build wealth and generate passive income. These 4 podcasts feature industry experts who draw on their experience to teach beginners what they need to know to...
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$600 million in sales before 30: A top-ranked real-estate agent who's just 28...
Jonathan Spears is one of the top real-estate agents in the country and just 28 years old, with over $600 million in career sales.He manages a team of seven and works primarily in the high-end market...
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Real-estate developers are building costly cold storage space before they...
The country's once obscure cold-storage property sector is beginning to garner attention from investors who see big demand for temperature-controlled spaces. The coronavirus pandemic prompted millions...
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A 26-year-old real-estate powerhouse with over $12 million in sales last year...
Lior Rozhansky is 26 years old and has been working as a real-estate agent for about three years.After he bought his first multifamily property as an investment in 2016, Rozhansky realized his buyer...
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A sprawling estate in San Diego with a life-size chess board, waterfall, and...
A 30-acre California estate deemed an "entertainer's paradise" by Sotheby's is selling for $2.5 million.Known as Rancho Magdalena, the estate is located an hour north of San Diego in Valley Center.It...
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