Real Estate

A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October, prompting a decline in bond yields. The average rate on the 30-year fixed plunged

Like the children’s modern classic Rabbit Hill, whose name it borrows, newly constructed Rabbit Hill Lodge is set in Westport, Connecticut. And the modern farmhouse, sited to take in sunsets and views of the Saugatuck River, does have its share of bunnies roaming the broad lawns of the tree-surrounded 2-acre site. All it’s waiting for

Ridofranz | Istock | Getty Images We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible. Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. “We’re often

With its mesmerizing gardens, Stonefields is a feast for the eyes and so it should be. The 50-acre spread has been the private home and showplace of Paul Bangay, Australia’s renowned landscape designer, for nearly two decades. His private sanctuary, the estate is in the rolling foothills near the pre-Gold Rush town of Kyneton in

An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market. In October, just 16% of

Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay off thousands of workers in recent

A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage

Share to Facebook Share to Twitter Share to Linkedin Far East Organization—controlled by billionaire brothers Robert and Philip Ng—in partnership with Japan’s Sekisui House submitted the highest bid of S$320.8 million ($226 million) for a suburban residential site in the prime Upper Bukit Timah neighborhood in western Singapore. The duo’s offer was higher than the

Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)

Cradled by two wildlife corridors edged with creeks, this distinctive Carpinteria estate sports a zinc roof patterned after canoes built by native Chumash that once inhabited the Carpinteria Valley, 85 miles north of Los Angeles. Set in the foothills two miles from the ocean, the four-bedroom home sits on 11-plus acres designated as an agricultural

Collin Madden, founding partner of GEM Real Estate Partners, walks through empty office space in a building they own that is up for sale in the South Lake Union neighborhood in Seattle, Washington, May 14, 2021. Karen Ducey | Reuters A few things we know about corporate real estate: it’s a focus of cost-cutting for

What’s old is new again at Faircourt, a Tuscan-inspired villa built for a wealthy industrialist in the late 1800s in the borough of Bernardsville, New Jersey. Set on about 13 acres, the mansion in the Somerset Hills was reconfigured in 1916 to include such details as ornate woodwork, gilded ceilings and marble floors. In more

A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images After more than two years of a historically lean housing market, listings are starting to rise − and swiftly. Active inventory nationally jumped 33.5% in October from the

The pandemic turned us into a nation of painters. Confined within our four walls, we could not resist the temptation to contemplate a color change. We wanted drama, but we also wanted a peaceful environment; we wanted a graphic punch of color while we yearned for a soothing backdrop; mostly, we just wanted a change.

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank had about 18,000 loans in its retail origination pipeline in

The Federal Reserve has decided to raise the target range for the federal funds rate to 3.75% – 4%, continuing its aggressive campaign against persistent inflation. Policymakers suggested that there was more to come, but also outlined a possible rationale for slowing rate increases soon. That’s the sixth consecutive rate hike this year, pushing rates

The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The U.S. central bank has raised the benchmark short-term borrowing rate a total of six times this year, including 75 basis point increases in June, July and

Two-year old start-up Way will announce later today the close of their Series A round totaling $20 million with a valuation of $100 million. Tiger Global led the round with several other participants including MSD Capital, the Michael Dell–founded private investment firm which has a strong presence in the real estate technology landscape. In the

Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy

The current investment climate in the United States is volatile. The Bureau of Economic Analysis’s third-quarter GDP readings, while positive, reveal a lackluster performance by the U.S. economy. Inflation is high, and the financial markets remain unpredictable. Recession is on everyone’s minds, and experts from Fannie Mae to Freddie Mac are predicting downturns. In times

A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarming rate, and some homebuilders say it will only get worse come the new year as new orders dry up.

If you’ve ever purchased or searched for a piece of furniture from a major national retailer, you’ve probably come across the brand Four Hands without even knowing it. But don’t be fooled, Four Hands is a major name in the furniture industry earning nearly $500 million in revenue in 2021, outpacing the two previous years

In this article TRU Follow your favorite stocksCREATE FREE ACCOUNT From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, with another rate hike likely on the way next week. “Borrowers are feeling

Knowing what we do about the healing properties of trees makes many of us search for a woodland home. Forests are the ultimate antidote to the stressed pace of modern life. They clean the air while boosting our immune systems. The Japanese believe in shinrin-yoku, or forest bathing. Henry David Thoreau, too, believed that nature

Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ.  The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing

What’s trending in residential bathrooms? Six hundred respondents to an online survey – including designers, dealers, manufacturers, remodelers and architects – answered that question in the leading industry group’s just-released 2023 Design Trends study. The National Kitchen & Bath Association’s annual report provides insights to what homeowners are requesting and what professionals are delivering. These

Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April

Years before the pandemic upended established workplace dynamics, leading property managers predicted the emergence of experiential office. Inspired by hospitality, it was a vision of tenant-first office management aimed at fostering meaningful relationships and rich experiences. The post-pandemic prevalence for hybrid work has quickly made that vision a reality. While some of the details have

Former U.S. President Donald Trump throws caps as he attends a rally in Warren, Michigan, U.S., October 1, 2022. Dieu-nalio Chery | Reutersm Former President Donald Trump and related defendants are opposing New York Attorney General Letitia James’ call for an independent monitor to oversee the Trump Organization’s submission of financial statements to third parties

For the first time since it was built, the home of a famed audiophile inventor is for sale. Nestled in the Altadena foothills north of Pasadena, the five-bedroom, five-bath house encompasses 4,162 square feet and is set on one acre of land. Donald James Leslie, who passed away in September of 2004 at age 93,