A recent study from PolicyGenius found that quoted homeowner’s insurance premiums increased by 21% nationally from May 2022 to May 2023. Florida experienced the largest jump with premiums increasing by 35%. The steep increases in homeowner’s insurance costs contribute to the already intractable housing affordability crisis, as homeowners must allocate more of their incomes to
Real Estate
It might seem obvious that you’d want to work with a broker who has high standards when you’re selling your home or commercial property. Certainly, there are various requirements that salespeople must have to operate in the market. However, it can be important to check for signs that the broker will act ethically throughout the
Yesterday I attended a fascinating real estate investors’ conference for hedge funds, lenders and owners. The talk of the conference was the almost complete inability of landlords (other than owners of tier 1 properties), to get any financing at all, except at exorbitant rates around 15% which is more than double the current financing that
Given the size of their enormous cohort, Millennials wield incredible clout to change society. Since maturing into young adults, they’ve been fingered as culprits behind the demise of a great many societal habits and norms, from the donning of business suits and the shopping of department stores to the use of banks and golf clubs.
In a recent study, we analyzed and identified the richest cities in New York state based on scoring several key financial factors. This time around, we’re looking at New York’s neighbor to the south — New Jersey, the Garden State. We analyzed over 700 cities in the state in order to identify the richest cities
Prometheus Materials has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly. By Amy Feldman, Forbes Staff We love concrete. We use it everywhere — skyscrapers, data centers, roofs, sidewalks, homes. The problem is, concrete doesn’t love us. Its key
Today is September 11, 2023. Twenty-two years ago today, I watched with astonishment as planes plowed into the World Trade Center. Then, I closed my offices so everyone could go home, and walked up the middle of Madison Avenue, without a car in sight, to return to my apartment. Even from East 78th Street, we
There’s tremendous interest from American homeowners in making their living spaces healthier, safer and more resilient, but many are holding off on starting projects, according to home improvement platform Houzz in its latest survey. “One in seven homeowners has put their home renovation project on hold (15%),” according to results from its online survey published
When this elegant Roquebrune-Cap-Martin villa was built in the 1920s the French Riviera was already a coveted destination for the world’s wealthy and artistic. The belle epoque had fueled tastes for opulence and lavishness. Clear blue Mediterranean waters, hillside landscapes and the mild climate drew inspiration-seeking writers, artists and intellectuals. Roquebrune-Cap Martin’s grand hotel was
It hasn’t been too long since the world reeled at the first news of existential threats to bees and other pollinators. Addressing the problem by cultivating bees and beehives started as a pandemic-era passion, and has since generated a lot of buzz across North America, from major corporate employers in Denver to residential high-rise rooftops
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