April 12, 2022 | Daily Business Review
Million-Dollar Homebuyers in U.S. Getting Cheaper Mortgage RatesBig mortgages are becoming more important, especially in expensive areas of the country where $1 million is little more than the price of entry.
By Prashant Gopal
2 minute read
January 23, 2019 | Daily Business Review
South Florida Mansion Sales Surge as Tax Exiles Seek SavingsFor the past year, Florida real estate agents have been actively courting wealthy Northeasterners who took a hit from the Trump administration's…
By Prashant Gopal and Jonathan Levin
4 minute read
June 14, 2018 | Credit Union Times
Rising Rates Put U.S. Homebuilders in a SpotHigher rates and higher home prices cause a significant worry about affordability.
By Prashant Gopal
2 minute read
August 08, 2017 | Daily Business Review
Baby Boomers Who Refuse to Sell Are Dominating the Housing MarketPeople 55 and older own 53 percent of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900, according to real estate website Trulia.
By Prashant Gopal
7 minute read
April 17, 2017 | Daily Business Review
Robots May Help Build Your Next Home and Solve a Labor ShortageThe future of U.S. homebuilding depends on more people such as Cyndicy Yarborough, a 26-year-old former Wal-Mart clerk with no background in construction.
By Prashant Gopal and Heather Perlberg
9 minute read
January 04, 2017 | Daily Business Review
Wall Street, America's New Landlord, Kicks Tenants to the CurbOn a chilly December afternoon in Atlanta, a judge told Reiton Allen that he had seven days to leave his house or the marshals would kick his belongings to the curb. In the packed courtroom, the truck driver, his beard flecked with gray, stood up, cast his eyes downward and clutched his black baseball cap.
By Prashant Gopal
16 minute read
February 17, 2011 | Daily Report Online
ARM time bomb blows early, easing damageBy Prashant Gopal and Jody Shenn
9 minute read
April 02, 2010 | Daily Report Online
Investors seek fortunes in flipping homesDuring the U.S. housing boom, even amateur investors could buy and sell a property within a couple of months and turn a profit. Today there's nothing amateur about house flipping. Homes with punctured walls and missing appliances draw multiple offers from professional investors at auctions in foreclosure-ridden states such as Arizona, California, Florida and Nevada.
By Prashant Gopal
9 minute read
July 28, 2010 | Daily Report Online
Demand grows for apartment rentalsU.S. apartment landlords are seeing a surge in rentals as mounting foreclosures reduce homeownership and an improving job market for young adults encourages them to find their own places to live. The number of occupied apartments increased by 215,000 in the 64 largest U.S. markets in the first half of the year, according to MPF Research-almost twice the units added in all of 2009 and the most since the firm began tracking the data in 1992.
By Prashant Gopal
7 minute read
July 14, 2010 | Daily Report Online
Young renters bring Miami's Downtown to lifeBy Prashant Gopal
12 minute read
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