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Category: Real Estate Tools

Asking $45 Million, Billionaire Steve Cohen’s Other Manhattan Condo Is Also For Sale

In the competition for vertical space, the windows won this round. Artwork will have to be happy with the other condo billionaires Steve and Alexandra Cohen have on the market. (Steve Cohen made his fortune via the hedge fund route with Forbes estimating his net worth at…

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This Ex-Goldman Trader And His $800 Million Startup Hope You’ll Pay Extra For Real Estate That Aces A ‘Wellness’ Test

Wellness” is one of those extremely broad words that mean everything and nothing. To its adherents, it signifies more than “health,” which is dismissed as merely the absence of illness. Wellness has become a giant industry, or at least a very flexible marketing term….

1031 Exchange – Complete Guide to 1031 Exchange Rules in Real Estate

A 1031 exchange allows an investor to sell their investment property and defer capital gains taxes as well as depreciation recapture taxes that would normally be triggered on their sale, if they agree to use all of their sale proceeds to purchase one or…

Real Estate Markets Cooling Across The Country, And It’s Not Just The Winter Effect – Caroline Feeney

In December 2008, almost a decade ago exactly, Case-Shiller posted a record 18% price drop in home values across the country as the subprime mortgage crisis reached fever pitch. After a slow and painful recession period, economic prosperity pushed the market out of recovery mode…

How Blockchains Will Transform The Real Estate Industry – Max Coursey

If your hearing was sensitive enough and you were listening all over the United States, you would likely hear real estate agents, title companies, lenders and inspectors printing hundreds of thousands, if not millions, of papers. These papers are scanned, faxed, emailed, distributed and…

A Fifth of China’s Homes Are Empty That’s 50 Million Apartments – Bloomberg

Chinese President Xi Jinping’s mantra that homes should be for living in is falling on deaf ears, with tens of millions of apartments and houses standing empty across the country. Soon-to-be-published research will show roughly 22 percent of China’s urban housing stock is unoccupied,…

Should You Pay Off Your Mortgage Early – J.D. Roth

My friend Amy recently wrote with an interesting dilemma. “Should I pay off my mortgage early?” she wonders. Amy has a high-paying job and has managed to save enough that she could be completely debt-free if she wanted to. And she kind of wants…

Rock House from Grace Bay Resorts In The Turks & Caicos Launches New Homes – Carrie Coolidge

A new luxury residential resort is being developed on the Turks & Caicos. Rock House, created by Grace Bay Resorts, will be a Caribbean version of a Mediterranean retreat overlooking the ocean. Rock House which will break ground later this year, is now offering a…

Boise and Reno Capitalize on the California Real Estate Exodus – Prashant Gopal & Noah Buhayar

Julie D’Agostino spent 15 years in the San Francisco Bay Area working in tech and considers herself decidedly liberal. Still, she ended up buying a home in a surprising place: deep-red Idaho. The 51-year-old moved to Boise two years ago, attracted to its walkable…

Why Giving Your Child A Mortgage May Be Better Than Giving Them A House – Timothy K. McCarthy

As housing prices continue to climb across the nation’s hottest real estate markets, many young families struggle to buy their first home, particularly in their parents’ more expensive neighborhoods. Wanting to keep their children close, parents, with the financial resources to help, often consider…

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