Category: Real Estate

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…

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…

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…

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…

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…

In this article RDFN Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between migration and inflation has strengthened significantly as more people relocate from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin on Tuesday. “We saw an…

First Period houses are the timber-framed dwellings built by the 17th century settlers of the New World who relied on a medieval building style already out of fashion in the Old World. They were the building style of New England from the period following the initial settlement of the English in Massachusetts in 1620 to…

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…

Houston’s luxury real estate market set new highs last year, but is the landscape the same for buyers in 2022? Will the market’s record-breaking upward momentum continue, and will there be inventory to support it? What are the new developments to know about in Houston’s hottest neighborhoods? To get an inside look at the residential…

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…

In February 2022, online interior design service Havenly announced they acquired custom furniture brand, The Inside. “From our perspective, this was a rare opportunity to combine the businesses of two of the leading brands catering to this new generation of home consumers. In combining them. We are creating a comprehensive destination for home design and…

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…

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…

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…

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…

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…