Real Estate

Albi, set on the Tarn River in the south of France, has many claims to fame. The Episcopal city boasts the Cathedral Basilica of Saint Cecilia with its fortress-like brick exterior and lavish interiors. The consistent French Gothic architecture earned the cathedral, built over 200 years from the 13th and 15th centuries, a UNESCO World

Paris’ 8th arrondissement, or district, is widely known for the famed Champs Elysees, the wide upscale retail street that links the Arc de Triomphe monument and the Place de la Concorde public square. Every July, television spectators from around the world watch the corridor closely as the annual Tour de France bike race concludes there.

Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy.

A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer lower rates.

The COVID-19 pandemic has had a dramatic impact on commercial real estate values, and in some cases resulted in property no longer being able to support the debt with which it is encumbered. The decrease in value of commercial property has forced many owners to restructure their debt. However, the resulting forgiveness of a portion

A home is offered for sale in Chicago, Illinois. Scott Olson | Getty Images One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in

It’s no secret that outdoor living has become a huge trend. “It has exploded over the past five years with homeowners desiring to have resort-like backyards,” declares Reno-based landscape architect and franchisor Ron DuHamel, president of FireSky. “The old-style simple patio and lawn area is no comparison” to the new home-based paradises, he muses. Not

George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily

Across the nation, this past winter saw construction of more than 50 new campgrounds and RV parks, offering more than 15,000 new RV sites. At the same time, work has continued coast to coast on the expansion of many existing parks. It’s all a result of record recreational vehicle sales, which gained a big boost

It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23 percentage points from a year ago. That is the

Adaptation from an evolutionary perspective is by nature a glacially unhurried process. It pans out even slower and more painfully when it comes to fundamental changes to the rules by which the real estate industry plays—many of which remain so outdated that they are analogously as irrelevant and inefficient as phones still attached to the

Two years after enduring the devastating financial impacts of Covid-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. But as Lawrence Yun, chief economist for the National Association of Realtors explains, there are significant questions regarding the sector’s direction over the coming months. “Housing kept the

The Federal Reserve is among Western central banks fighting stubbornly high inflation. Xinhua News Agency | Xinhua News Agency | Getty Images For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest

VA loans make the dream of homeownership more attainable for military families, however, many service members who have honorably served our country know little about the benefits of VA mortgages and may even have negative views about them. That’s according to a new Spotlight on VA Loans report commissioned by Navy Federal Credit Union and

Tim Kitchen | The Image Bank | Getty Images It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year. At the

Dubai’s residential and ultra-luxury markets have continued their upward trajectory in 2022, with demand from international buyers resulting in high competition and several record-breaking sales. Driven Properties in Dubai is a leader in the luxury and ultra-luxury market. Founder and CEO Abdullah Alajaji recently sat down to discuss 2022 market dynamics and what’s driving the

Lumber at the site of a house under construction in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law

The first quarter of 2022 saw more markets reach double-digit annual price gains than the previous quarter, according to the National Association of Realtors’ latest quarterly report. Seventy percent of 185 measured metros experienced such price gains, up from 66% in the preceding quarter. These increases come as median single-family existing-home prices rose at a

Real estate listings Adam Jeffery | CNBC A brief calm in the midst of a rising interest rate storm boosted weekly mortgage demand ever so slightly last week, but it is unlikely to be the start of a new trend. Rates have already moved sharply higher this week. Total mortgage application volume rose 2.5% for

In this article MS Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking

The client breathlessly shows her designer photos from a recent resort vacation, asking, “I loved this in our hotel bathroom; can we get one for our shower here?” It’s a question that has been posed by thousands of clients for dozens of years. It’s one I heard in more than a decade of designing residential

New Realtor.com research spotlights Asian Americans’ unique barriers to achieving the dream of homeownership and associated struggles during the pandemic. “Our analysis shows the Asian American homeownership gap persists, underscoring the significant racial disparities that still exist in real estate today,” said Danielle Hale, chief economist at Realtor.com. “Despite this community having some of the

Kali9 | E+ | Getty Images The loss of a spouse is up there with the most challenging experiences you might face in this lifetime. With the understandable barrage of emotions you might face, it is probably hard to imagine taking concrete steps to secure your financial future. But this is exactly the time to

Lifestylevisuals | E+ | Getty Images Adjustable-rate mortgages are making a comeback. With interest rates surging, more buyers are turning to ARMs, which offer lower initial rates than fixed-rate loans. However, after a certain period, the rate on the ARM adjusts to reflect current market conditions. “You have double the number of borrowers out there

The residential schools established across North American to assimilate and Christianize the children of the native tribes are well-known for the terrible suffering they caused: earlier this month, Pope Francis issued a formal apology on behalf of the Roman Catholic Church to survivors and families impacted by Canadian residential schools. These schools did not only

Former President Donald Trump looks on before speaking during a tour to an unfinished section of the border wall on June 30, 2021 in Pharr, Texas. Brandon Bell | Getty Images A New York judge Friday kept a contempt of court finding in place against former President Donald Trump despite new affidavits from Trump and

In order to seriously address climate change there will need to be major changes in the US transportation sector because it represents 29% of our total US greenhouse gas emissions. Electric cars and SUVs are widely promoted as a solution; however, that change is only climate-friendly if the grid used to charge them is dramatically

This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight. It’s worse than that. “This isn’t just a decline in inventory,” said Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting

The typical home buyer’s monthly mortgage payment rose 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. That’s according to a new report from Redfin, a technology-powered real estate brokerage. Redfin’s data on home buyer mortgage payments is based on asking-price data going back to

Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was