Real Estate

In this article TRU Follow your favorite stocksCREATE FREE ACCOUNT After years of cheap money, it’s suddenly a lot more expensive to borrow. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, including another big hike earlier this week. related investing news Wall Street pros are

Meet me in St. Louis, Louis, meet me at the fair…the song about the 1904 World’s Fair in St. Louis, Missouri that celebrated the centennial of the Louisiana Purchase has kept it alive in our memories. Now the Nabisco Mansion, another piece of that history, is for sale. Though it is called the Nabisco Mansion,

An aerial view of former U.S. President Donald Trump’s Mar-a-Lago home after Trump said that FBI agents raided it, in Palm Beach, Florida, U.S. August 15, 2022. Marco Bello | Reuters A bombshell lawsuit against former President Donald Trump filed Wednesday contains a head-spinning amount of detail about real estate, loans and other financial arrangements

New York has a convoluted body of usury law that deems certain loans usurious and invalidates them. New York’s usury law almost never actually applies to any loan because the law is riddled with so many exceptions and exclusions. It will, however, sometimes rear its ugly head with casual or noninstitutional transactions, or where a

New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children, and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business. The 220-page civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages.

Fall has arrived and if you think your home needs a little upgrading after the summer, you’re probably right. But while most people associate fall decor with pumpkin spice, the color brown, tacky statement pillows, or home fragrances that smell like food, a fall refresh doesn’t have to mean any of this. We’re not quite

This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost of living.  The U.S. central bank has already raised interest rates four times this year, for a total of 2.25 percentage points.  Fed officials have

The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s

A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index.

Sentosa Island–Singapore’s waterfront playground where homeowners park yachts outside front doors–turns 50 years old this year. Formerly known as Pulau Belakang Mati, the nearly two-square-mile isle sits at the southern end of mainland Singapore–minutes away via cable car, auto, public transport, bicycle, moving walkway, or a garden-themed boardwalk. Singapore’s government has infused Sentosa (“peace and

Fabio Formaggio / 500Px | 500Px Plus | Getty Images Last year, I moved into a one-bedroom apartment in Manhattan. At 28, I was living alone for the first time. It was tremendously exciting, but I also had a problem: I had no furniture. For weeks I slept on an air mattress that would be

A modern penthouse found high up in the W Residences Austin in Downtown Austin, Texas, has changed hands after roughly two weeks on the market, according to the listing brokerage. The asking price, which included the furnishings, artwork and other household accoutrements, was $5.95 million. That the turnkey unit was so quick to attract a

For generations, upper-class retail establishments have held out their superior service as a reason for customers to patronize them rather than lower-priced stores. The same emphasis on service is at play in some of the nation’s highest-end residential buildings. Sure, tennis courts and exclusive dining rooms and other physical amenities carry cache. But what good

Office demand is in a state of flux. The widespread adoption of hybrid work and intensifying economic headwinds have left companies unsure of their real estate needs. While both office owners and occupiers share an optimistic outlook about the future of office usage, property managers are pioneering new ways to generate revenue in the place

The effects of climate change are becoming ever more real: a study finds that an ‘extreme heat belt’ will impact over 100 million Americans in the next 30 years. The area, stretching from Texas to the Great Lakes, will experience temperatures above 125 degrees (52 degrees Celsius) during the hottest stretches of the year, according

Mortgage demand appears to have nowhere to go but down, as interest rates go up. Application volume dropped 1.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results include an adjustment for the observance of Labor Day. Since last year, homebuyers’ demand for mortgages has

It’s long been recognized home buyers love a view of the blue. Due to their comparative scarcity, homes on oceans, lakes (Great and otherwise), rivers and canals consistently command more at sale time. How much more? According to some estimates, a home on a lake will garner 25 to 50 percent more than the same

Commercial property is a bright spot in Chinese real estate, in contrast with the doom and gloom of the residential housing market. Property analysts and developers said offices, warehouses and business parks are proving resilient, and continuing to turn over steady rental revenue — albeit discounted due to softer demand. Hong Kong-listed property group KWG

Bahamas living can best be described as idyllic. The beaches are beautiful and there are plenty of resorts and vacation properties you can stay in with your family or friends. There are also many activities to do, including snorkeling, deep sea fishing or even just walking along the beach. This oceanfront Bahamas retreat property is

In this article WE Global inflationary pressures are pushing companies to be “more nimble” with their corporate real estate portfolios, according to WeWork. “That … has put the need for companies to look at flexibility in managing and thinking about their workspace,” said Samit Chopra, the coworking company’s international president and COO. “Which is of

The Swan River is a flourishing 95-mile-long habitat in western Montana, set between the Swan Range and the Mission Mountains. Black bream, bull trout, flathead and flounder swim in the partially glacier-fed waters. Canada geese, mallards and red-tailed hawks soar above. White-tailed deer, elk and moose thrive in the area. And a few fortunate humans

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: Oscillator says market still oversold Our trades on DVN and CRM Quick mentions: HON and LLY Watching these bullpen stocks 1. Oscillator says market still oversold Stocks were in the

While many may believe that the wealthiest members of society live in the heart of major cities or off in the country, it is often the case that they reside somewhere in between: the suburbs. For San Francisco, it’s Atherton; for Boston, it’s Weston; for New York City, it’s Scarsdale. For the Mile High City,

The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Now, real estate agents who once reported lines of buyers outside open houses and bidding wars on the back deck say homes

Casa Cañdita is a lush estate found in Mexico’s central highlands northwest of Mexico City. Designed as a versatile garden oasis, the property could function as an extended compound for family and friends or operated as a boutique hotel, according to listing agent Jessica Patterson. From artisan markets to art studios, the vibrant spot has

In this article CTRN Peopleimages | Istock | Getty Images Citi is expanding a program to encourage homeownership in diverse communities, as part of a new set of initiatives to broaden access to its lending products. The program, called HomeRun, seeks to help eliminate the key barriers to homeownership, particularly with regard to cost and

Redfin, a technology-powered real estate brokerage, released a collection of statistics today that illustrate some of the positive effects of the current cooling housing market. After nearly two years of a highly competitive market, once rejected buyers finally have another chance to purchase that home they always wanted, even with higher mortgage rates making it

GP: Homes for sale Brittany Murray Via Getty Images | Medianews Group | Getty Images In June the average rate on the 30-year fixed shot over 6% briefly, and that was enough to turn the once-hot housing market on its heels. Rates pulled back in July and August, but the damage was already done. Now

A quiet cul-de-sac is a prized location in any community, and that holds true for homes in Adena Meadows, a gated enclave of multimillion-dollar estates in Aurora, a town within the greater Toronto area. The collection of mansions is an outgrowth of the private Magna Golf Club, an 18-hole championship course with an initiation fee

A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several