Cofotoisme | E+ | Getty Images How long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000, which is 20% of the median […]
The U.A.E. real estate tycoon and friend of Donald Trump’s has a history of flamboyant marketing and audacious projects, but will he be able to come up with the promised $20 billion? Hussain Sajwani makes his case from Mar-a-Lago. By Giacomo TogniniForbes Staff President-elect Donald Trump is scoring deals and making headlines even before he […]
An artist’s rendition of the 777-unit The Orie residential condominium project in Top Payoh in … [+] central Singapore. Courtesy of City Developments City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—and its joint venture partners Thai tycoon Charoen Sirivadhanabhakdi and Japan’s Sekisui House will start selling their prime residential condominium project in central Singapore […]
Ten Killed in New Orleans as Vehicle Hits Crowd
There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual. Active listings in November were 12.1% higher than they were in November 2023 and hit the highest level since 2020, according to […]
People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day. Bloomberg | Bloomberg | Getty Images Asia-Pacific stocks mostly rose Thursday, with several markets remaining closed for Boxing Day. Japan’s Nikkei 225 rose 0.44%, while the Topix added 0.49%, a day after a report said the country was […]
As the U.S. continues to face a shortage of available homes, some may be looking at those occupied by “empty nesters” as an incoming source of inventory. As older residents begin to downsize, the thinking goes, the millions of homes they currently own will fill the deficit, thus bringing housing costs down. However, those units […]
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. “It’s still very early in the AI adoption cycle,” he told CNBC’s “ETF Edge” this week. According to Jacobs, AI companies need to build out […]
Some Long Island real estate agent is about to have the toughest job of their career. The lifelong home of Rex Heuermannthe alleged Long Island serial killer behind the deaths of multiple women since the 1990s, is reportedly about to hit the market as his wife and adult children leave New York for a new […]
For many Americans, housing costs aren’t just another expense — they shape how the rest of the budget comes together. Yet figuring out how much you can reasonably afford to spend on housing has become increasingly complicated in recent years, as shelter costs continue to rise. If you earn $80,000 a year — the median […]
