Category: Real Estate
-
Housing Market Is Set To Gain Momentum As Inventory Recovers
As rising inflation and mortgage rates bring housing demand back from the 2021 frenzy, Realtor.com’s updated 2022 forecast predicts inventory will grow double-digits over 2021 and offer buyers a better than expected chance to find a home. Home sales will hit the second-highest level in 15 years, trailing only the 2021 pace, as rising incomes…
-
Mortgage demand falls to the lowest level in 22 years amid rising rates and slowing home sales
Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York. Newsday LLC | Newsday | Getty Images Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage…
-
U.S. Luxury Buyers Continue To Propel Property Market In Los Cabos, Mexico
With tourism back and bigger than ever, Los Cabos, Mexico, is emerging as one of the biggest second home markets in North America, with many holiday-ers opting to become homeowners. The world-class destination at the southern tip of Mexico’s Baja California Peninsula is one of the strongest real estate markets in the country, with an…
-
Re-Creation Of A 16th-Century French Chateau Is Actually In Arizona
It’s a true trompe l’oeil. This French chateau gives every impression of being set in Provence, a region of southeastern France known for ancient hilltop villages, lavender fields and rolling vineyards. And while the estate accurately reflects that heritage, it’s actually located across an ocean and some 5,800 miles away in the Arcadia neighborhood of…
-
The California exodus continues as residents head south of the border
More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and…
-
Big landlords jump into the homebuilding business as demand for single-family rentals surges
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to…
-
Luxury Home Sales Sink 18% In Biggest Drop Since Start Of The Pandemic
Sales of luxury homes tumbled 17.8% year over year during the three months ending April 30, the largest drop since the onset of the pandemic sent shockwaves through the housing market. By comparison, sales of non-luxury homes fell 5.4%. That’s according to an analysis of luxury real estate trends from Redfin, a technology-powered real estate…
-
Here’s how to fight a higher-than-expected property tax bill
Momo Productions | Digitalvision | Getty Images If the value of your home ballooned during the pandemic, you may receive an inflated property tax assessment in the mail. There are ways, however, to combat a higher bill, experts say. Despite double-digit growth in single-family home prices, property taxes only increased by 1.8% in 2021, with…
-
L.A. Penthouse That Was Once Home To Johnny Depp And Amber Heard Lists For $1.7 Million
The Los Angeles penthouse where Johnny Depp and Amber Heard living during much of their brief marriage is on the market for $1.765 million. With all the notoriety the former couple attracted during their headline-making court case, what better time to put the love nest on the market? Though the pair were only married for…
-
Trump and his kids, Don Jr. and Ivanka, set to testify in New York attorney general investigation starting July 15
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty…
-
Homes In States With The Highest Share Of Same-Sex Couple Households Cost $116,000 More On Average
June marks the annual observation of LGBTQI+ Pride Month, a month honoring those who are lesbian, gay, bisexual, transgender, queer and intersex. To commemorate the occasion, online loan marketplace LendingTree analyzed data from the U.S. Census Bureau’s 2020 American Community Survey data to compare home prices in the states where households occupied by same-sex couples…
-
Father’s Day Gift Guide: Best Gifts For The Home
Father’s Day is almost here and if you haven’t ordered a gift for dad yet, it’s time to do it. If you’re unsure of what to buy him and he already has enough ties and shirts, you can’t go wrong with a gift for the home. Whether he’s into art, cooking, cleaning, or just everyday…
-
‘Yellowstone’ boom pits lifetime Montana residents against wealthy newcomers
“Yellowstone” has become one of the hottest shows streaming. Filmed on location in the West, much of it in Montana, the scripted drama tells the story of a modern day ranch owner John Dutton, played by Kevin Costner, and his family dynasty. The storyline is deliciously captivating, with back-stabbing and family intrigue, high stakes power…
-
Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices…
-
Renovated Contemporary Touts A Political Pedigree In Bethesda, Maryland
In the upscale Washington, D.C., bedroom community of Bethesda, Maryland, you don’t have to go far to find the home of a politician, a military official or a medical professional. This two-story contemporary, about 4 miles from Bethesda’s retail-oriented downtown, was the onetime residence of Jeane Kirkpatrick, the first female to serve as the U.S.…
-
Mansions in Boca Raton are commanding Miami Beach prices. Here’s a look inside
The $28.5 million mansion that recently hit the market in Boca Raton, FL located at 2633 Spanish River Rd. Danny Petroni Ultra-high-end real estate in Boca Raton, Florida, is on a stratospheric rise, breaking record sale prices every year for five consecutive years. And the price per square foot of the town’s top-end homes is now…
-
Sprawling Beachfront Estate In Santa Barbara County Hits The Market For $65 Million
The coast of Southern California is famous for many reasons—sandy beaches, a Mediterranean climate, and dramatic cliffs that meet the blue sprawl of the Pacific. What the area is not known for is ample real estate acreage. The beachfront property at 3165 Padaro Lane sits on a roomy two-plus-acres, which is hard to find in…
-
Three-Villa Compound Offers Turnkey Living On Turks And Caicos Islands
The most populated and third largest island in the tourist-friendly Turks and Caicos chain is Providenciales, a 38-square-mile isle known for its turquoise waters, powdery sand beaches and superb scuba diving. On its south coast is the peaceful and quiet Turtle Tail neighborhood, which occupies a narrow peninsula and takes in some of the best…
-
House hunting? Here’s when to increase your budget and when to stick to your original price
valentinrussanov | E+ | Getty Images The housing market is hot right now — if you’re a seller. Buyers, on the flip side, are having a harder time finding homes. Americans are aware of the struggles they face in buying a home. More than 70% of U.S. adults believe the housing market is currently in…
-
Here’s Why Home Sort Is The Next Big Name In Home Organization
Home organization feels like just another trend we see on Pinterest, Instagram, and YouTube but anyone who likes to live with a bit of sanity in their life knows that having an organized home has nothing to do with getting likes on social media. It’s a true lifestyle choice. No one knows this more than…