The real estate industry is facing disruption on two fronts: brokers are getting younger, and technology is changing how business is done. With older professionals retiring and recent grads entering the industry, it’s not surprising that this shift in demographics has brought other changes. Along with a shift in industry professionals comes an increase in
Real Estate
Chicago’s Spoke Apartments is among a growing number of apartment buildings across the country positioned along established bicycle routes, helping increase their appeal to renters who bike to and from work, FitzGerald Associates Architects According to the U.S. Census Bureau, bicycling is the nation’s fastest-growing form of transportation. As such, cycling is exerting an ever-greater
This ranch-style home in Ojai, California mixes frontier charm with contemporary design. Douglas Elliman Aside from the boutique hotels and hip art galleries, Ojai, California is virtually Los Angeles’ frontier—chock-full of ranches, horse trails, and arresting heroes ready to claim their stake in town. For its 7,500-plus residents, life here represents a change of pace, a
8408 Hillside Avenue is a sprawling contemporary home perched above the city of Los Angeles The Oppenheim Group A series of striking modern homes under construction in Los Angeles is among the projects of a South African architecture firm that has made an impact on six continents with forward-looking buildings and luxury homes. Now, the
Mortgage refinances are surging, but the increased demand comes at a price. Getty Mortgage refinances are surging thanks to low mortgage rates, which hit nearly three-year lows just last week. Currently sitting at 3.6% according to Freddie Mac, they’ve spawned a 180% uptick in refinance applications since just one year ago. Online mortgage lender Better.com
The Mountain looks over all of Beverly Hills MATTHEW MOMBERGER /JUWAN LI The largest parcel of land for sale in Los Angeles, that comes with precious grandfathered-in rights to build 12 feet higher than current code, has sold for a fraction of its worth after years of discord and some last minute legal wrangling. A
Artificial intelligence is changing our daily lifestyle and work. It’s hard to find an industry not using machine learning in some capacity to improve business operations. While the real estate space has traditionally been slow to incorporate new technologies, AI’s offerings are turning heads. Tech-based companies are forming to capitalize on the advantages of AI,
Nicholas Kamm/AFP/Getty Images When real estate mogul Donald Trump falls in love with a piece of property, things don’t always turn out so well. Now that he’s president, and seems to be slowly falling in love with the idea of buying Greenland—or at least talking about it, it’s a good time to look back at
Seton Castle was built in 1789 by starchitect Robert Adam. Savills A castle in Scotland with 13 bedrooms, a gym, billiard room, private tavern, stables, cinema and helipad is for sale for £8 million. Seton Castle, a 13-bedroom mansion built with the remnants of a palace used by Mary Queen of Scots, has just been
Kenmore House on Billionaires’ Row (AstonChase). Aston Chase A derelict mansion on London’s most exclusive street has been bought by property power couple Anil and Marisa Varma for just under £20m. The married couple behind luxury developer Harrison Varma have purchased the Victorian villa, which was built in the late 19th century and now lies