real estate

Economy

'Do I Really Need This Much Office Space?' Pandemic Emptied Buildings, But How Long?

4:43pm September 01, 2020

by Ryan Kailath

As commercial real estate continues to lie vacant around the U.S., it may contribute to a vicious economic cycle that reshapes New York and other cities.

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Caroline Wells and her family at their new home outside San Antonio. The builders just finished it so the yard has yet to be planted, but the couple are looking forward to letting the kids run out their energy with a lot more outdoor space than they had a

More Space, Please: Home Sales Booming Despite Pandemic, Recession

3:55pm August 28, 2020

by Chris Arnold

Despite high unemployment, a severe recession and economic uncertainty, the housing market is on a tear. Sales are booming, and prices hit a record high. Low rates and remote work are driving factors.

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Floodwaters surround a newly constructed house for sale in Maine in 2018. Realtor.com added flood risk information to the more than 100 million listings on its site.

Major Real Estate Website Now Shows Flood Risk. Should They All?

11:02am August 26, 2020

Millions of home listings on Realtor.com now include information about climate change-driven flood risk. Other real estate sites are holding off.

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People stand in the lobby of Amazon offices in New York in January 2019. At a time of mass work from home and many moving to spacious suburbs, Amazon is funding a large expansion of corporate real estate and jobs in New York and five other U.S. cities.

National

Amazon Plans More — Not Fewer — Offices In Big Cities

3:05pm August 18, 2020

by Alina Selyukh

At a time of mass work from home and with many people moving to spacious suburbs, Amazon is funding a large expansion of corporate real estate and 3,500 jobs in six U.S. cities.

Until recently, Steven Kanaplue and Miriam Kanter were living in a one-bedroom apartment on Manhattan's Upper West Side with their dog Booey. The pandemic clinched their decision to move to Montclair, N.J.

Economy

New Yorkers Look To Suburbs And Beyond. Other City Dwellers May Be Next

3:30pm July 08, 2020

by Uri Berliner

Now that so many are working from home, more people are considering moving out of the city. The pandemic has sent enough New Yorkers to the exits to shake up the area's housing market.

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Janet Jenkins used RedfinNow, an iBuyer service, to quickly sell her home near Los Angeles. The company repainted it, spruced it up and put it back on the market for sale.

Economy

Who Needs A Realtor? iBuyers Pay Instant Cash For Your House

1:01pm February 26, 2020

by Chris Arnold

Companies such as Opendoor, RedfinNow and Zillow will pay cash for your house and buy it quickly. New numbers show these types of sales are growing very quickly, but is it a good idea?

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Economy

HGTV Celebrates A Quarter-Century Of Real Estate Inspiration, Escapism

10:10am December 01, 2019

by Lulu Garcia-Navarro

The channel was launched 25 years ago today. Lulu Garcia-Navarro talks with Ronda Kaysen, contributor to the New York Times, about why the network first caught on and is still going strong.

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Hurricane Harvey's devastating flooding caught many homeowners by surprise, and prompted support for more disclosure about flood risk.

In Texas, Home Sellers Must Now Disclose More About The Risk Of Flooding

7:00am October 27, 2019

by Mose Buchele

In many places there's no requirement to tell a home buyer if a house is at risk of flooding, even as climate change increases that risk. Some hope a new Texas law will be a national model.

Itzel Alarcon recently moved into a rental development near Denver. She says she's renting for now because she saw relatives hurt by the housing crash and is worried that home values might drop again.

Economy

Renters Only: These New Homes Aren't For Sale

4:21pm October 09, 2019

by Chris Arnold

Developers are building thousands of single-family homes that won't require a mortgage to move in. Even people who could afford to buy are choosing to rent — they aren't ready for the long-term debt.

The Granville Street Bridge leads to downtown Vancouver, whose skyline of gleaming apartment towers hugging the waterfront is reminiscent of Hong Kong.

World News

Vancouver Has Been Transformed By Chinese Immigrants

5:13pm June 05, 2019

by Jackie Northam

Chinese immigrants and investors have bought businesses and property, made philanthropic contributions and supported the arts. But some Vancouver residents feel priced out of the real estate market.