Illustration: LaNette Behily/Real Estate NewsThe brokerage giant is announcing new leaders for its commercial and coaching divisions, as well as its nonprofit arm KW Cares; Tomo co-founder is stepping down.Editor's note: In an industry with millions of agents and more than 100,000 brokerages, new leaders rise to the top every day. Here, we profile executives and other notable leaders who have recently assumed or retired from positions that impact the residential real estate industry. KW develops leaders in the commercial, coaching and non-profit sectorsKeller Williams Realty has appointed four individuals to its executive leadership team:Cynthia Lee is currently president of…
Author: Private Lending Agent
Whistler is consistently ranked as the top ski resort in North America, and for good reason: year-round recreational activities, spectacular scenery and glacial lakes, world-class dining, events and activities, and a vibrant village with all the amenities you need for daily life – all conveniently located less than two hours from Vancouver International Airport. If you're considering buying Whistler real estate as an investment opportunity and for rental purposes, you'll encounter unique real estate contracts designed to enhance Whistler's supply of tourist accommodations. Two important designations to know are the differences between Phase 1 and Phase 2 properties. And most…
In a fascinating journey of tenacity and creativity, acclaimed architect Andrew Liang built the home at 5819 Cazaux in Los Feliz. A masterpiece of contemporary design, the residence is now listed for sale by William Baker, Director of Architecture at The Agency. Taking nearly a decade from concept to completion, Lianne infused the three-story, four-bedroom, 3.5-bathroom home with her unique vision and meticulous attention to detail. Today, Andrew describes the home's aesthetic in simple yet powerful words: “contemporary, sensual, tactile and bold.” It's no surprise that the design world has taken notice; 5819 Cazaux is currently shortlisted for four industry…
Jordan Vonderhaar/Bloomberg/Getty Images A single-family home sits in a residential neighborhood in San Marcos, Texas, on Tuesday, March 12, 2024. ARMs are gaining popularity as mortgage rates remain high, fueling a housing market that is the most expensive in decades. CNN — Jennifer Hernandez was stunned last year when she received notice that her mortgage payment on her Houston home would increase by about $2,000 a month. In 2016, Hernandez refinanced her mortgage using an adjustable-rate mortgage, which offered a lower initial interest rate for a set period of time. Unlike more typical fixed-rate mortgages, ARMs can offer temporary relief…
CNN — Jennifer Hernandez was stunned last year when she received notice that her mortgage payment on her Houston home would increase by about $2,000 a month. In 2016, Hernandez refinanced her mortgage using an adjustable-rate mortgage, which offered a lower initial interest rate for a set period of time. Unlike more typical fixed-rate mortgages, ARMs can offer temporary relief to homebuyers who want to avoid paying high mortgage interest rates, but they also come with risks: After a fixed introductory period, usually five, seven, or 10 years, the interest rate on an ARM loan adjusts periodically based on current…
Bright, chic, and featuring multiple outdoor terraces, the penthouse at 104 Charlton Street in Hudson Square is a natural blend of pre-war charm and modern sophistication. Originally a printing factory built in 1920, the building's lower floors retain their historic integrity, while the upper and upper floors exude contemporary luxury. Represented by Tyler Whitman and Luke Hoback of The Agency New York, this stunning home is currently on the market for $8.5 million and features three bedrooms, three bathrooms, private elevator access, and an expansive 2,134 square feet of outdoor living space spread across four terraces on multiple levels. Take…
Ikea has tried twice to open small stores in New York City but failed, but the company is hoping third time will be a charm, this time on upscale Fifth Avenue. Ingka Group, the world's largest IKEA franchise, has inked a deal with Extell Development to acquire a one-third stake in a new 1 million-square-foot office tower scheduled to open at 570 Fifth Avenue in 2028, the companies announced Monday.See also: Gershel Family and Soboroff Partners sell Malibu Retail Plaza for $80 million Extell and Inka did not disclose the size of Inka's investment, but a source familiar with the…
Updated: Jul 1, 2024, 5:30pm Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. If you need to take out student loans to pay for college, the interest rate you receive will play a big role in your total repayment cost. A high rate can cause interest to build rapidly, causing you to repay far more than you initially borrowed to pay for school.Student loan interest rates can vary by loan type and lender, and the rate you get is dependent on your credit and the desired loan…
The ambitious vision and recent efforts to transform Las Vegas into “Hollywood 2.0” dovetail with developer Landon Miller's equally exciting mission to accommodate an expected influx of affluent homebuyers. “I think there's a big opportunity for Las Vegas,” Miller said. “I think the movie industry and the sports industry are going to bring a lot of wealthy people to the area.” With the approval of the Mark Wahlberg-backed $1.8 billion Sony Film Studios and the University of Las Vegas' (UNLV) plans for a 34-acre film studio complex southwest of Harry Reid Research and Technology Park, Las Vegas may be on…
Mortgage rates continued their frustrating, and somewhat puzzling, rise today, with the average lender approaching its highest level since the end of May. While rising interest rates are always frustrating for the housing and mortgage market and for prospective borrowers, ups and downs are a part of life — in other words, it's completely normal to have good and bad interest rate days. What is less common is that counterintuitive interest rate movements do occur from time to time. In other words, a sudden drop or rise in interest rates can usually be linked to one or more root causes…