Category: Real Estate
-
Mulling Office Amenities That Make Employees Want To Return
One of the commercial real estate maxims of the last year holds smart employers are now or soon will be trading in more office space for less but higher-quality office space. With some hybrid work likely to hang around permanently, employers will need less square footage than they did pre-pandemic. What will they do with…
-
Seniors In Debt: A Newish And Growing Problem
Poverty rates rose for older Americans in 2021 and it was the only demographic group to experience rising poverty, according to the U.S. Census. Eroding pensions, increases in Social Security’s normal retirement age, and big gaps in access to retirement savings plans at work are causing elderly income security in the United States to fall.…
-
An Inside Look At Three Of The Hottest Suburban Markets In The U.S. Right Now
The mass exodus from cities inspired by the pandemic may be over, but suburban markets are still hot. With many people working remotely, the suburbs continue to be a more comfortable and affordable option without sacrificing access to the city, albeit with a bit of a longer drive or train ride. Check out these suburban…
-
Experts Reveal How To Make Your Home Smell Amazing All The Time
Home fragrances might be invisible but in terms of setting the ambiance for a space, there’s nothing that can make a bigger impact. After all, there is something very luxurious about walking into a home filled with curated scents. But knowing the right fragrances to choose and how to combine them takes knowledge and a…
-
Minor League Ballparks Sparking Major Downtown Rebirths
Few things are more quintessentially, uniquely American than Minor League Baseball. Played out in small and not-so-small cities from Portland, Me. to San Bernardino by teams both affiliated and unaffiliated with Major League Baseball, the summer game on the minor league level proves an affordable, entertaining night out. As a bonus, it’s a coalescing force…
-
How To Invest In Real Estate When The Bubble Deflates
Amid mounting evidence that the rapid rise in home prices is over, investors in rental property will have more options over the next few years as sellers outnumber buyers and prices deflate – slowly in most markets but very rapidly in others. As has ALWAYS happened in the past, home prices and rents will eventually…
-
Demand for riskier home loans is high as interest rates soar
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the…
-
Sandra Bullock Lists 91-Acre San Diego Compound For $6 Million
Actress Sandra Bullock has channeled much of her A-list wealth into real estate ventures, having bought and sold homes in Austin, Texas, Los Angeles, New York, a Georgia Tybee Island home and more across the country. Now a producer, she has just listed her stunning 91-acre compound in San Diego for $6 million. The property,…
-
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan
JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News Daily, and is expected to…
-
Rare Frank Lloyd Wright House Hits The Market In New York
Frank Lloyd Wright houses are not common in the East. In New York, the only house on the west bank of the Hudson designed by this country’s most famous architect is now for sale. Built circa 1960, this Usonian-style house is known as the Socrates Zaferiou House, named for its first owner. Set on two…
-
UK mortgage rates are soaring: Here’s what you need to know as a first-time buyer
Uncertainty around the U.K. housing and mortgage market has spread among first-time buyers. Resolution Productions via Getty Images Mortgage products have been pulled, payments are doubling and lenders are backing out of agreed deals; concern and uncertainty among Brits trying to buy a home skyrocketed last month after Finance Minister Kwasi Kwarteng announced his “mini-budget.”…
-
$5 Million Historic Home Occupies A Sweet Spot In Boulder, Colorado
The quality of life factors are off the charts for this 1904 classic home in Boulder, Colorado. Set in the family-oriented Mapleton Hill neighborhood, it is a short walk to vibrant Pearl Street with its shops and eateries, close to scenic Boulder Creek and near the Mount Sanitas and Sanitas Valley hiking trails. Colonial Revival,…
-
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn. Dan Kitwood | Getty Images LONDON — There are growing fears of a housing market crash in the U.K., after a swathe of tax cuts announced by…
-
Common Ground: Multifamily Housing In Los Angeles By Frances Anderton
Frances Anderton has covered Los Angeles design and architecture in print, podcasts, exhibitions, and at public events. For many years Anderton is well known in LA as the host of DnA: Design and Architecture, broadcast on KCRW, a public radio station. Anderton has spent her career educating the public about architecture and urbanism, for which…
-
A $150 million beach home for sale would be the Hamptons’ priciest ever — if it can find a buyer
An oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The compound, called La Dune, is likely to be used as a summer home and draws from a tiny pool of buyers, probably billionaires, who could afford…
-
Warren Buffett Is Sitting On A Goldmine As Omaha Home Prices Set To Rise In 2023
It’s about time Warren Buffett caught a break. The Oracle of Omaha finds his Farnam Street abode located in the heart of one of the hottest real estate markets in the country, according to new data compiled by VeroForecast. The residential real estate forecaster predicts that home prices in the Big O will jump by…
-
These are the 10 states where renters are most behind on payments — and high-cost California didn’t make the list
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households,…
-
Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns
Topline Despite mortgage rates falling for the first time since mid-August, experts are warning the higher borrowing costs that have tanked the housing market this year could stick around for at least another year—and perhaps even longer, depending on how the Federal Reserve’s battle against inflation pans out in the coming months. Key Facts The…
-
Apartment demand unexpectedly fell during its busiest season, according to a new report
The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time the rental technology platform has recorded a third-quarter drop in the 30 years it’s been tracking the metric. Demand fell by more than 82,000 units nationally, according to the report.…
-
A $29.75 Million Home With Mountain Views Is The Most Expensive Home For Sale In The Carolinas
High in the Blue Ridge mountains with a rocky landscape and extensive surrounding peak views sits the Lazy Bear Lodge on 5.86 acres of ridgetop in Linville, North Carolina. The estate has entered the market for $29.75 million, making it the priciest home for sale in North and South Carolina. “This luxurious lodge was designed…