Real Estate

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,

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

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

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

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.

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

A sign points toward an Open House in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage

The sharp increase in mortgage rates to their highest level in 15 years is not only cutting into home buyer budgets across the country, but also trimming at least 100 square feet out of the homes in would-be buyers’ price range in 29 of the 50 metros analyzed by Redfin. The technology-powered real estate brokerage

Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing more expensive for anyone needing

There is nothing quite like reminiscing about that favorite luxury resort to transport you to another world full of fond memories and over-the-top experiences. What if you could have those same amenities all from the comfort of your own home? These five properties, while singular, all share one common attribute: each evokes the feel of

Daniel Acker | Bloomberg | Getty Images With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients. Year-over-year inflation eased a bit in August to 8.3% from 8.5% in July, but it remains

In certain movies, the background becomes a character. More than a backdrop, the environment in which the central characters live, work or interact with each other makes the place where the story happens as important a part of the story as the plot. An example is the 1998 film The Truman Show, in which Jim

Beneath all the clamor over Russia’s invasion of Ukraine and the efforts to tamp down inflation, investors are largely passing over a huge story in China, famed short-seller Jim Chanos said Wednesday. Troubles in the Chinese real estate market are a distant third to the war and rate hikes targeted at containing inflation. But Chanos,

Spring boarding off the success of the first Mr.C-branded residences built next to the family’s flagship hotel in Beverly Hills, California, moguls Ignazio and Maggio Cipriani have expanded their sights (and their sites) to include such locales as Manhattan, Punta del Este, Uruguay and Miami. Up next: Dubai in the United Arab Emirates. The 27

Street in Chelsea district, London Alexander Spatari | Moment | Getty Images American homebuyers are searching for bargains in the U.K., as a weaker pound contributes to double-digit price cuts. The fall in the British currency, which is off 17.5% against the U.S. dollar year to date, has made U.K. real estate cheaper for buyers

Creating timeless decor is an art and there’s no doubt that Pepper has mastered it. Launched in 2018, the brand has become a go-to for traditional and contemporary design enthusiasts. Best known for its cheerfully bold yet tasteful prints, Pepper offers a curated and customizable selection of home accessories including pillows, curtains, throws, table linens,

Newly built houses in the Denham Court suburb of Sydney, Australia. Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia. Bloomberg | Bloomberg | Getty Images SYDNEY — In a country where real estate ownership dominates barbecue conversations and dinner parties, Australian Lili Zhang is like

Remember the old days of going to the gym? Rubber flooring? Streaky mirrors everywhere and stinky locker rooms that remind you of high school gym class? In a place like Los Angeles, where aesthetics is everything, design has become paramount to the experience. “Big box gyms, as we know them, are dying out, and boutique

A man walks through the debris on a street in the aftermath of Hurricane Ian in Punta Gorda, Florida. Ricardo Arduengo | Afp | Getty Images If you’re far from the destruction caused by Hurricane Ian in Florida, you may be thanking your lucky stars that your house wasn’t in the storm’s path. Nevertheless, you

A decade ago, purists winced when the first references to “NoMad” — denoting the area north and west of Madison Square Park — were first widely circulated. Just what we need, some moaned, a cutesy shorthand buzzword for a made-up Manhattan enclave that had never really been considered a neighborhood before. But in the ensuing

According to Homebuyer.com, Iowa is the cheapest state to buy a house in right now. The Good Brigade | Digitalvision | Getty Images With mortgage rates rising, more people may be asking themselves the age old question: rent or buy?  These decisions are particularly pertinent amid bubble-like housing prices, making monthly mortgage payments more difficult

Tunafjärden is a peaceful bay in the Stockholm archipelago. In the summer, boats line the docks that spill off the narrow lots of waterside properties. In winter, a skim of ice hardens to create an unbounded backyard skating rink. The multiple islands and meandering waterways mean there’s an ample supply of waterfront homes and places

A ‘for sale’ sign is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images U.S. home prices cooled in July at the fastest rate in the history of the S&P CoreLogic Case-Shiller Index, according to a report released Tuesday. Home prices in July were still

The pandemic ignited a home-buying frenzy as many people pursued buying a home in less expensive areas. But a quickly rebalancing housing market – brought about by sharp increases in mortgage rates that have pushed monthly payments beyond what many can afford – has caused home buyers and sellers to reset their expectations and shift

Steve Pfost | Newsday | Getty Images Amid higher interest rates and a softening housing market, home buyers are continuing to back out of purchase contracts at an elevated rate. About 64,000 home-purchase agreements were canceled in August, according to a new report from Redfin. That’s equal to 15.2% of home contracts initiated during the

With its picturesque lakeside setting, nearby ski areas and rustic wineries, Traverse City has all the makings of a proper vacation town. Even the name of the small Northern Michigan region implies a limited stay, a passing through. Past accolades awarded to the town reinforce this status as a travel destination— Oprah Magazine’s “Best Winter

A penthouse atop the world’s tallest residential building − listed for $250 million − is marking the biggest test of the ultra-luxury real estate market at a time of falling sales and growing economic uncertainty. The three-story mega-home inside Central Park Tower, which spans more than 17,500 square feet, is the country’s most expensive listing.

When it comes to prime real estate, everyone knows it’s all about location, location, location. Whether your next home is a luxury mountainside retreat or one with a commanding oceanfront view, one of the best ways to capture those breathtaking vistas is with floor-to-ceiling windows. Thankfully, most modern home builders today realize this is what

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated prices and higher interest rates. The average rate on a 30-year fixed-rate mortgage is 6.7% as of Friday, up from 3.3% at the start of 2022, according to Mortgage News Daily. Alongside that, home prices

When an owner of commercial real estate wants to negotiate a sale, the buyer will often have a general idea of what they are willing to pay. This idea usually reflects limited investigation and analysis, because more extensive investigation and analysis costs more than the potential buyer is willing to spend without knowing that the