Topline The housing market has taken off this year as home prices continue to surge amid high inflation and ongoing supply chain issues, but some experts say prices could soon level out as mortgage rates rise and demand drops. Key Facts With the Federal Reserve gearing up to reduce its portfolio of roughly $5 trillion
Real Estate
A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Rafael, California. Justin Sullivan | Getty Images Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell
Mother’s Day is almost here. If you’ve been searching for the best Mother’s Day Gifts, its’s impossible to go wrong with something for the home. After all, clothing is a gamble and jewelry can be pricy. So why not choose something truly special she can appreciate every day. Whether mom’s home is more traditional, contemporary
Artist rendering courtesy Oceanix, BIG-Bjarke Ingels Group. The United Nations, a floating city architecture firm called Oceanix, and the South Korean city of Busan on Tuesday unveiled the prototype for a floating, sustainable version of the key shipping hub. Floating cities could be a way to mitigate the effects of sea level rise caused by
Christine Quinn might be best known as a cast member on Netflix’s hit show Selling Sunset, but the L.A.-based real estate maven’s latest role goes beyond traditional real estate. Quinn and her husband, Christian Dumontet, a software engineer, tech entrepreneur and investor, who sold his company Foodler to Grubhub in 2017 for $65 million (bootstrapped
Liubomyr Vorona | Istock | Getty Images Money and family – what two subjects bring up more for us? And so when a relative comes to you asking for financial help, and the two are combined, it’s only natural to feel overwhelmed. “Being solicited for money from someone you love can cause discomfort that you
For the past two decades, Alice + Olivia has been one of the biggest names in fashion and there couldn’t be a better way to celebrate this milestone than by launching a collaboration with Tempaper. “I admire Stacey Bendet’s bold and brave approach,” says Tempaper co-founder and chief creative officer, Jennifer Matthews. “Her powerhouse personality
House “sold” sign Peoria, Illinois Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in March to a seasonally adjusted, annualized rate of 5.77 million units, according to the National Association of Realtors. February’s reading was also revised downward with a larger-than-usual dent, from 6.02 million units to 5.93 million. March
Millions of Americans are living in communities with precarious climate conditions, in houses that feel overpriced. There is a solution for many of these people, though: Move to one of the so-called climate havens. Climate havens or climate destinations are situated in places that avoid the worst effects of natural disasters and have the infrastructure
As a real estate agent in 2022, social media is essential. I could speak on this topic all day long, but my advice really boils down to one key message: Generate high-quality content that delivers value to your audience. That is how you grow a following, keep the attention of potential leads, and (most importantly)
In this article GOOGL Google officially opened its new mixed-use campus on New York’s Hudson River that includes a two-acre rooftop and public gathering spaces. Photo courtesy of Google As Google employees return to campus life following over two years of remote work, the company has a splashy new office for workers in New York.
Stacie, Simba, Gleep Glop, Richard and Cookie are just some of the robots that line the floor of the manufacturing facility at Autovol in Boise. The robots were named in a contest by the children of the solutioneers who work at the 400,000-square-foot offsite construction facility. More than 200 solutioneers work there and enjoy the
New York State Attorney General Letitia James in New York City, November 19, 2019. Lucas Jackson | Reuters Former President Donald Trump asked a judge to reject New York Attorney General Letitia James’ bid to hold him in contempt for allegedly failing to comply with a subpoena as part of a civil investigation into his
For 100 years, the grand brick and limestone apartment buildings of Park Avenue, Fifth Avenue, and Central Park West telegraphed an aura of New York City power and prestige. Their beautiful marble and terrazzo lobbies whispered of privilege. Being acknowledged as worthy by the co-op boards who held sway over these properties and creating a
If you’ve been shopping for major appliances, you’ve probably experienced the frustration of poor selection and repeated delays. “AHAM has been very involved with a coalition of associations who have worked together since the supply chain issues started,” comments Jill Notini, vice president for the Association of Home Appliance Manufacturers, adding, “It’s not only the
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy
Investor confidence in China’s real estate market appear to be boosted by the government’s promise to support the sector and some loosening of policies. But analysts say China’s high-growth property market may be a thing of the past. Getty Images | Getty Images News | Getty Images The tide may be turning on China’s battered
With the white-hot real estate market and so many people moving from place to place, making a house feel like a home can be challenging. Previous owners may leave but pieces of them remain from their overall sense of style, to their paint color preferences and sometimes even furniture. While renovating changes those things, cleansing
In this article ABNB Police said a large party was being held at an Airbnb when shots broke out. Pittsburgh Public Safety Two minors were killed early Sunday after shots were fired at a large party hosted at an Airbnb rental in Pittsburgh, according to the city’s police blotter. At least nine others were being
From Nassau to Abaco Island, The Bahamas has various options for resort-style living, making it a popular choice for real estate investors and those seeking second-home ownership. Buyers from the United States are particularly appreciative of the country’s stable economy and its attractive tax advantages. In the high-end of the market are properties like Villa
The couple-clicks, home-buying experience is something many in the real estate industry have talked about for years. In a transaction that typically requires lots of paperwork, people, and legal checkpoints to happen, it didn’t seem possible. Thanks to blockchain and a burgeoning world of NFTs (Non-Fungible Tokens), this wave of possibility is already within view.
Demonstrators in front of the White House on Sept. 25, 2021, call for the cancellation of rents, and mortgages and to prevent millions of evictions in the middle of the Covid-19 pandemic. Olivier Douliery | Afp | Getty Images Billions of dollars in federal rental assistance is still available to struggling renters, though some states
In this article GOOGL Google has dozens of real estate projects around the U.S., and it says at least 20 key projects will receive investments this year to the tune of nearly $10 billion. In a blog post Wednesday, Alphabet and Google CEO Sundar Pichai highlighted country-wide offices and data centers either under construction or
Last month was the hottest March ever for the housing market, with homes selling at their fastest pace and for more above list price than any other March on record, according to a new report from real estate brokerage Redfin. The median home-sale price rose 6.2% in March, the fastest month-over-month gain at this time
Peopleimages | Istock | Getty Images In just a matter of months, mortgage rates have surged from just over 3% for a 30-year fixed loan to just north of 5%. As potential homebuyers follow those figures, there is one thing they may be overlooking: their credit score. The three-digit number has a big impact on
At the midpoint of April, housing markets are reflecting a changing landscape, according to a new report by Realtor.com. With Americans looking beyond the pandemic toward a new normal, businesses reopening offices and attempting to persuade workers to return, and people ready to embrace warmer weather in vacation destinations, real estate markets are welcoming an
Most visits to Paris include a stop in Montmartre in the city’s 18th arrondissement. Montmartre is a hill with the beautiful, white-domed Basilica of the Sacre Coeur. Tracing the city’s glorified history from the end of the 19th century and into the 20th, artists flocked to Montmartre, making it their own. The rents were low,
RgStudio | E+ | Getty Images New government data showing record high inflation probably comes as no surprise to consumers who are facing sticker shock everywhere from the grocery aisles to the gas pump. Now, all eyes are on the Federal Reserve, which is expected to continue to raise interest rates to try to tamp
Creating art with tile is not a new phenomenon. Archaeological excavations have uncovered magnificent artworks on floors and walls dating back millennia. It’s likely that beautiful paintings were created at the same time on parchment and other more delicate media, but the durability, hardness and weather resistance of ceramic tile ensured its long term survival.
Image Source | Getty Images Inflation is quickly raising prices for households in core areas of their monthly budgets — energy, food and housing. That’s making it hard for consumers to avoid a financial hit, even as wages are also rising at their fastest clip in years. But there are levers Americans can pull —
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