News

Retirement village in Florida. Ron Levine | Image Bank | Getty Images Where to live in one’s golden years is one of the most significant decisions a new retiree has to make, and the traditional notion of retirement is changing.  The old formula of cookie-cutter retirement communities is being challenged by the rise of customizable

Corie Spanokowski is the director of operations for ARCO/Murray’s tenant solutions division in Chicago. Spanokowski supports associates in executing national construction projects and provides career guidance and serves as a mentor to project managers within her division. Spanokowski is also one of 18 on GlobeSt’s Women To Watch List. Corie Spankowski. What has been your

The National Apartment Association has joined the New Civil Liberties Alliance in a lawsuit challenging the US Centers for Disease Control and Prevention’s national eviction moratorium that it ordered earlier this month. The New Civil Liberties Alliance is a group focused on reigning in the expansion of federal agency powers. The associations are seeking a

With no major move in mortgage rates, there was no sudden incentive to refinance a home loan last week, so fewer people did. That drove overall mortgage application volume down 2.5% from the previous week, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of

Sun Mountain Lumber Superintendent Nelson Bohrer walks past stacks of cut lumber at the saw mill September 12, 2019 in Deer Lodge, Montana. Chip Somodevilla | Getty Images With demand for housing surging, the nation’s homebuilders are positively ebullient. Builder confidence in the market for single-family homes in September increased 5 points to 83 on

With all of the carnage in the office market, law firms should be asking hard questions about their space as they plan for the future. Right now, real estate is the second largest expense of law firms behind employees for law firms,  according to Ryan Hoopes, a director in the Legal Sector Advisory Group at Cushman

Jb Reed | Bloomberg | Getty Images The number of borrowers in government Covid-19-related mortgage bailout programs is shrinking, but those in private-label or bank bailouts is rising. This suggests that there is still pain ahead in the mortgage market, as some borrowers are simply not recovering enough financially to afford their home loans. The

Getty Images If you’ve thought about refinancing your mortgage, be aware that it may soon be a more expensive proposition. Due to a 0.5% “adverse market” fee, effective Dec. 1 and imposed on lenders by mortgage backers Fannie Mae and Freddie Mac, many homeowners are expected to absorb at least some of the cost when