Real Estate

A “for sale” sign in front of a home that Zillow shows has a pending sale of 750,000 dollars on February 18, 2022 in Miami, Florida. Joe Raedle | Getty Images Climbing mortgage rates are hitting both potential homebuyers and refinance candidates. Total mortgage applications decreased 13.1% last week to the lowest level since December

For the ultimate in privacy, security and seclusion paired with luxury and great design, there are few better examples for sale than the estate on the bluffs of the world-renowned Paradise Cove Beach in Malibu, California.  Encompassing just over six and one-half acres, the property includes 339′ of beach frontage. To access the beach from

Rohit Chopra, director of the Consumer Financial Protection Bureau. David Ryder/Bloomberg via Getty Images The Biden administration is trying to empower consumers to help rewrite the rules governing how banks, lenders and other financial institutions can treat customers. The Consumer Financial Protection Bureau — a federal agency created in the wake of the 2008 financial

Getty Images If you recently made a profit selling your home, it may come with a costly surprise this filing season: capital gains taxes on your windfall. In 2021, the average U.S. home seller scored a profit of $94,092, up 71% from $55,000 two years ago, according to ATTOM, a nationwide property database. While many

Engineers at aerospace companies dream of going beyond where we have ever been before. Now, residential architects and designers are using that same mentality to change design in new and innovative ways.  Part of the motivation behind researching new design options is an entire cohort of issues and challenges facing housing, such as new sustainability

You won’t need your car keys here. This private island sanctuary in the Bahamas is only accessible by boat, seaplane or helicopter. Montage Cay, a resort community on Abaco Island, will offer 50 suite accommodations, seven white sand beaches, a full-service spa and swimming pools when it opens next year. The deep-water marina has 46

A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3%

Las Vegas’ emerging and evolving ultra-luxury home (properties above $5 million) market has reached world-class status offering diverse five-star lifestyles to a new demographic of buyers.  Anthony Spiegel, one of the area’s top-producing brokers in that rarefied ultra-luxury sector at The Ivan Sher Group, studies market dynamics. “We never really had an ultra-luxury market here in

Mike Reynolds, 76, started building “earthships” in Taos, New Mexico, more than half a century ago. For many years, most people thought he was nuts. Why is this idiot using garbage to build with, and why is this idiot trying to make buildings that don’t need utilities?” said Reynolds, summarizing what people thought of him.

A new climate change catastrophe report by CoreLogic, a real estate data analytics provider, takes a look at how many homes were affected in 2021 by hurricanes, severe weather, winter storms and wildfires and warns of the high price tag of property damage or loss. A natural hazard can not only devastate a community but

The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structures more resilient, but funding that will be a feat. The problem is particularly acute at the nation’s Smithsonian museums. At the

A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuilders appear to be getting worse, and that is weighing on confidence in the industry. Builder confidence in the single-family, newly built housing market

Toronto’s Bridle Path neighborhood is known for its lavish mansions and celebrity neighbors. Superstars such as Drake, Celine Dion and Prince have called the sought-after enclave home. A 26,000-square-foot mega-mansion now for sale is just down the street from a spread Mick Jagger once rented. A circular driveway leads to the symmetrical front of the

Topline The Federal Communications Commission announced Tuesday it plans to crack down on “sweetheart deals” between landlords and internet providers that circumvent existing FCC rules to effectively prevent tenants from shopping around for cheaper or higher-quality internet access. Key Facts The FCC’s new rules will prohibit broadband providers from entering into certain revenue-sharing agreements with

A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images The price of lumber has been on a roller coaster since the start of the pandemic, and it’s climbing a big hill yet again.  After falling back sharply from a record high in

The Biden White House’s Build Back Better moonshot shattered late last year. So, what’s to become of its zillion pieces, like the promise of upwards of $200 billion the massive social agenda had penciled in for a desperately-needed housing safety net? As the question of whether a core slate of Federal social programs might ever

This is an excerpt from the CNBC Make It newsletter. Subscribe here. If you’ve been paying attention to headlines (or your own lease renewal) then you’ve likely seen that rent is higher than it was a year ago. A lot higher. Putting a larger share of your income toward rent is, obviously, bad for your finances

A penthouse apartment is a sought-after dwelling in any major metropolitan area – enabling the owner to be part of the city while surveying it from a private perch above.  This 31st floor residence atop the John Ross building in Portland takes in 360-degree views of mountains, rivers and the cityscape. Floor-to-ceiling windows and a

James Andrews | iStock | Getty Images Things have come a long way from the peak of the pandemic, when rents in major cities were hugely discounted and concessions were common. Across the U.S., average monthly listed rents are up more than 14% from last year, according to real estate firm Redfin. In New York,

Lauren Niesz purchased a new home with her boyfriend in January after they were able to save more cash during the pandemic. Source: Lauren Niesz Like many people forced to work from home after the onset of the Covid-19 pandemic, Lauren Niesz, 26, found the conditions were not necessarily ideal. Niesz, who rented a townhouse

Large family estates are notoriously private and personal. Foxhill, a newspaper family’s midcentury manse with sweeping ocean views above one of San Diego’s most revered communities, seamlessly embodies both. Its privacy derives from the hilltop location. Foxhill sits on 32 acres, making it the largest contiguous residential site in La Jolla. “Privacy abounds, and there

There’s a land rush happening — and it’s not in New York City or Beverly Hills. Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the real world. They are investing in metaverse real estate, a concept mind-boggling to most people. So, what exactly is the metaverse?

From blush to millennial, the color pink has been a major interior design trend in recent years. There’s a reason for this— it’s fun, feminine, and makes a big design impact, whether it’s an accent wall or an entire room filled with pink furniture and decor. Unlike neutrals or earth tones, pink is always a

Burnout is not a new phenomenon, but it is on the rise as the pandemic makes forced remote work a lingering reality. Even those people who initially embraced work-from-home can’t hide from increased levels of stress and mental fatigue. Too much solitude, household chaos and the pressure to be “always on” have added to feelings

Lorena Fortuna, right, and her husband Anderson, holding their daughter Valentina, look at outdoor furniture at the Jordan’s Furniture store in Reading, Mass. on Friday, June 7, 2019. Gregory Rec | Portland Press Herald | Getty Images Demand for home remodeling jumped dramatically in the last two years, as Americans hunkered down in their homes

Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Anyone out there searching for a new place to live knows there is not much to buy. Total supply and new listings are at record lows, and that means that what is on

The increasing pressure of inflation on the American economy, and household, is making cost of living an even greater issue than it had already been. According to the Bureau of Labor Statistics (BLS), the consumer price index for all items increased by 7% over the last 12 months from December 2020 to December 2021. That’s

Prospective home buyers tour a model home at the PulteGroup Mirehaven housing development in Albuquerque, New Mexico. Sergio Flores | Bloomberg | Getty Images Consumers are feeling far more negative about the housing market this winter, as home prices continue to rise and now mortgage rates move higher as well. A monthly survey from Fannie

Simple kitchen and bath improvements are what home shoppers desire the most, according to a new analysis released today by home-buying platform Knock. Although the housing market is fiercely competitive, an updated home still tugs at buyers’ heartstrings, selling an average of 30% faster than a home without improvements. “Getting a home ready for sale can be

Southern California’s Topanga Canyon is known for magnificent residences and famous neighbors. Still, celebrity hatmaker Nick Fouquet’s geodesic dome home stands out as a stunning residence with expansive views and a fascinating backstory. When Fouquet, 38, bought the property for $950,000 in November 2016, he was looking for a place with high ceilings that would