Clarese Partis, a 39-year-old software designer from Los Angeles, has always dreamed of working from a unique and secluded location away from the typical tourist hotspots. When she was presented with the opportunity to do so, she didn’t hesitate to jump on it. Just last week, Partis arrived in the charming village of Ollolai in …
The U.S. real estate investment market is currently managed by real estate investment trusts (REITs) that oversee a staggering $4.5 trillion worth of global real estate assets. These tax-friendly funds are widely offered to retail investors on Wall Street. KKR, a prominent private equity firm, is a major player in the REIT industry. Their real …
One of the primary drivers behind the impact of mortgage rate increases on renters is the surge in rental demand, according to Oliver Knight, head of residential development research at real estate firm Knight Frank. Oscar Wong | Moment | Getty Images LONDON — Mortgage rates in Britain are skyrocketing, leading many to question their …
Downtown Los Angeles. TheCrimsonRibbon | Getty Images 5 U.S. metro areas with highest monthly rents These U.S. metropolitan real estate markets had the highest median single-family monthly rents during the second quarter of 2023: Los Angeles; Long Beach, California; Anaheim, California: $4,984 San Diego; Carlsbad, California: $4,862 Naples, Florida; Immokalee, Florida; Marco Island, Florida: $4,821 …
Lucy Lambriex | DigitalVision | Getty Images Despite the substantial elderly and disabled population in the United States, there is a severe lack of affordable housing to accommodate these individuals. “For many Americans, having adequate housing is more of a dream than a reality,” said Senator Bob Casey, D-Pa., who serves as the chairman of …
Mayors in cities across the United States are seeking to relax regulations that impede the conversion of office spaces into residential properties. Some cities are even offering attractive tax incentives to developers who take on the task of constructing new housing units. During a news conference in December 2022, Washington, DC Mayor Muriel Bowser expressed …