In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in
Real Estate
Affordable housing development has never been without hurdles. The 3.8 million affordable homes deficit currently confronting the U.S. is ample proof. But some affordable housing sector veterans are labeling this current environment one of the toughest they have ever witnessed. It’s not hard to understand why. Ongoing inflation and the highest interest rates in decades,
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Sales of previously owned homes declined 2.4% in March compared with February, according to a monthly report from the National Association of Realtors. At a seasonally adjusted, annualized rate, that amounts to 4.4 million units. Sales were 22%
With housing markets across the United States thrown into an odd limbo due to rising interest rates, dampening demand, but sticky unaffordability, it’s important to try and figure out what exactly is going on on-the-ground. While in past articles we focused on city housing markets, such as the Denver housing market in 2023, here we’re
flames burn on a natural gas-burning stove. Scott Olson | Getty Images A federal appeals court ruled Monday that Berkeley, California, cannot enforce a ban on natural gas hookups in new buildings, saying a U.S. federal law preempts the city’s regulation. The ruling from the 9th U.S. Circuit Court of Appeals in San Francisco was a
Ryan Saghian has become a true fixture on the design scene in Los Angeles. The 30-year-old Iranian-American designer has a career that’s currently on fire. In 2022, he released a gorgeous coffee table book called Unapologetically Chic. Then, in 2023, he received an inaugural Stars on the Rise Award at the annual Pacific Design Center’s
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Today’s homebuyers are exceptionally sensitive to mortgage rates with house prices so high — and they’ve found their tipping point. After years of government intervention following the great recession and the first years of the Covid-19 pandemic that
Ever since the new Barbie movie starring Margot Robbie and Ryan Gosling was announced, Barbiecore has been everywhere. When the trailer was released in April 2023, the surge of interest in all things pink was only renewed in both the fashion and home categories. Fortunately, pink is one of the easiest colors to decorate with.
Investors are questioning the health of the commercial real estate sector following a string of recent banking crises. Mike Kemp | In Pictures | Getty Images Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow following last month’s banking
You may not even be aware that there’s a Northern California city known as the Endurance Capital of the World. Yes, Auburn, with its Gold Rush history and landmark status has been the site of decades of epic events, such as the Western States 100-Mile Endurance Run, the Tevis Cup 100-Mile Endurance Equestrian Ride and
South_agency | E+ | Getty Images Inflation continued to retreat in March as energy prices pulled back from a year ago, when they began to spike due to Russia’s invasion of Ukraine. But swings in gasoline and other energy mask price pressures that, while easing, remain under the surface, economists said. “It’s improving and the economy
What are Americans prioritizing when it comes to their well-being? According to John Burns Research & Consulting’s January 2023 Healthy Homes survey, the three most important non-financial health and wellness factors for households earning $50,000 or more are mental wellbeing (60%), healthy diet (48%) and physical fitness (47%). “Expect health to impact home selection more
They are majestic and beautiful and critical to the world economy. Coral reefs, often called the “rainforests of the sea,” support roughly 25% of all known marine species. They are vital not just to sea life, but to human life. And the planet has lost half its coral reefs since the 1950s due in large
Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone. Brian Snyder | Reuters The residential real estate market has been volatile due to rising interest rates, but the peak spring season — if challenging for buyers and sellers — is here. For
A penthouse in Manhattan’s Chelsea neighborhood comes with a large private terrace that takes in unobstructed western views of the city skyline and sunsets, providing a calm resting place in the bustle of the city. It also has access to a shared outdoor kitchen for easy al fresco dining. The three-bedroom, 3.5-bathroom residence is on
Independent furniture designers face many challenges today. Between the creative process, physically producing their work, and the entrepreneurial aspects of marketing and selling, an artist needs to be a “jack of all trades.” However, Jean Lin, founder of Colony has found a way to mentor emerging talent and help them cultivate their careers. With a
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Today’s home sellers may be able to command higher prices due to recent increases. Certain luxury features may help sell your home for
A new report by data analytics provider CoreLogic reveals in many ways a tale of two very different housing markets. At one extreme, the West is slowing, and at the other extreme, the East is rising. Even as home prices grew for the 133rd straight month in February, the 4.4% increase still was nothing to
A real estate project under construction in Shanghai’s newer Pudong district on Feb. 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China. The share of respondents planning to buy
Riverfront homes come with the built-in benefit of backing up to a tranquil, natural setting. In Vero Beach, Florida, houses along the Indian River, just inland from the Atlantic Ocean, have the added advantage of being located on one of the most ecologically diverse estuaries in North America. “There are only so many places in
Scores of luxury homes are coming to major cities across the United States. Analysts at Yardi Matrix projected that more than 400,000 units were completed in 2022, and they expect another strong showing in 2023. Experts believe much of this new stock is built with upper-tier customers in mind. “You often see new housing branded as
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