Wednesday, 08 April, 2020

Subscribe to Coester News:

Enter your email address:

Delivered by FeedBurner

Category: Forbes

Category Added in a WPeMatico Campaign


Boost your home’s curb appeal by adding a pop of color to the exterior. Getty Whether you’re feeling cooped up at home, looking to put your home on the market this spring or are freed from a busy work schedule, this could be the perfect time to find therapy in home improvement tasks. “The COVID-19 crisis is obviously keeping a Read more…


10 Corso Como in New York City’s Seaport District Getty Images Just 18 months after opening a sprawling store in New York City’s Seaport District, luxury retailer 10 Corso Como is closing its doors. The apparent culprit: An accelerating coronavirus pandemic, which has created an uncertain future, according to Women’s Wear Daily. As non-essential stores have shuttered over the last Read more…


Studies show that digital, algorithm-based mortgage solutions discriminate less than more traditional lending models (about 40% less, in fact)—ultimately enabling more approvals of minorities, as well as lower loan costs for those borrowers as well. New data released this morning supports these findings even further. According to a report released by Compass and digital mortgage lender Better.com, the company has Read more…


Photo: Getty As the current economic expansion enters its 11th year — the longest on record — the “when will it end” speculation continues apace. As cap rates hover near historic lows and properties trade for historic highs, the question is particularly relevant for multifamily assets — one of the major beneficiaries of the current expansion. It’s impossible to know Read more…


Rear view of a relaxing trader who is sitting in front of a trading station which consists of four … [+] screens with financial data. A concept of forex trading. Singapore panoramic view. Getty In my last column, I asked seven leading proptech VCs to share their predictions for the sector in 2020 and beyond. Amongst other things, they expect Read more…


Does the typical appraisal protect you from overpaying for a house? If it doesn’t, what would that mean for house prices in general? A study looked at a particular set of 8,533 houses that Fannie Mae foreclosed on from 2012 to 2015 and where two appraisals were done on each house. The first appraisals were done right after Fannie took Read more…


Humble, affordable homes will be at a premium as first-time homebuyers compete with downsizing baby … [+] boomers. Universal Images Group via Getty Images We have become disenchanted with “do-it-yourself” and discount brokerages, we don’t want fixer-uppers and we really don’t want very large houses that are in less than ultra prime condition. These are some of the trends Leonard Read more…


Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found that Black applicants faced unequal Read more…


An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches of trunk diameter, as reported Read more…


Director Luc Besson in Hollywood, California, in 2017. (Photo by Axelle/Bauer-Griffin/FilmMagic) FilmMagic French film director Luc Besson was taken to court in France on November the 4th for refusing to allow deer hunters in his estate to shoot rogue deer. Hunters in the Orne area, northern Normandy, accused the 60-year-old director of “The Fifth Element”, “Leon the professional” and “Nikita” Read more…


As the world population continues to grow, so does the demand for scalable infrastructure. Even so, the construction industry has been viewed as slow to adopt digital innovation, and this can impact worker safety, labor-productivity and profits. As I was preparing to interview Phil Ramsey, the president and CEO of Command Alkon, a global leader in integrated solutions for construction Read more…


Experts predict mortgage rates will stay low for the foreseeable future. Getty Mortgage rates logged their lowest monthly average in over three years last month, and it seems it wasn’t just a blip on the radar. According to three industry forecasts, the trend toward low mortgage rates, slowing home price growth and increased housing construction will continue well into 2020. Read more…


Low Down Payment sign lettering. Getty First time home buyers can put as little as 3% down and get conventional financing (no longer confined to the FHA only box). And there are no prohibitive restrictions; in fact if two people are buying a home, only one of them need be a first time buyer. Standard FannieMae underwriting guidelines and standard Read more…


On its path to a now-delayed IPO, SoftBank-backed WeWork’s valuation has fallen from $47 billion to somewhere between $10 billion and $15 billion. This precipitous drop appears to be a collective repudiation of not only WeWork’s business model and SoftBank’s valuation philosophy, but of the inverted economics of big money unicorns without a path to profitability. WeWork’s valuation challenges highlight Read more…


The landmarked St. John’s Evangelical Lutheran Church in Chicago has been transformed into luxury condos. Regency Development Group There’s no place like home, especially if it’s a landmark structure. A historic church in Chicago’s Ukrainian Village neighborhood is starting a new life as a luxury condominium development with unique features such as stained glass windows and, yes, a bell tower. Read more…