Eaglecrest is a 140-acre estate in the heart of Virginia that was inspired by such presidential mansions as George Washington’s Mount Vernon and Thomas Jefferson’s Monticello. Set in Charlottesville, about a 2-hour drive from Washington, D.C., the property has easy access to historical sites, wineries and outdoor recreation including hiking, horseback riding and golf. Nearby
Real Estate
JGI/Jamie Grill As inflation soars and markets slide, many investors are wondering what’s coming next. Traditional advice dictates that long-term investors — those who are focused on retirement dates further down the road — should stay the course in the markets. But those with shorter time horizons of three- to five-years for a closer goal,
If black diamond ski runs such as the Birds of Prey and Raptor downhill courses give you an adrenaline rush, you’ve come to the right place: Beaver Creek, Colorado. But the regular stop on World Cup circuit is not just for thrill-seekers and pros; the 150-trail resort – made up of the villages of Beaver
Many people have bought and sold cryptocurrencies as an investment, yet trying to live on a salary paid in crypto is tricky. Alyssa Howell spent much of her career in the gold-mining industry before joining a crypto-wallet company last fall that pays all of its employees in bitcoin. The Denver-area resident said learning the ins
The strength of the housing market has made order takers out of the builders and dealers serving it – even to the point that many are turning down work because new jobs would mean a sacrifice of critical resources. Now, the question is, how sustainable is the strength of this type of market? And, how
A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Sales of previously owned homes in April fell to the lowest pace since the Covid pandemic started, according to the National Association of Retailers. Existing-home sales declined 2.4% compared
Livorno is an easygoing seaside city with an active seaport on the western coast of central Italy’s Tuscany region. A 16th-century fort, a modern harbor, a cruise ship port and a central promenade occupy the waterfront. The mild Mediterranean climate of winter gives way to sultry temperatures in the summer and no doubt contributes to
Americans are more stressed about money than they’ve ever been, according to the American Psychological Association’s latest Stress In America Survey. “Eighty-seven percent of Americans said that inflation and the rising costs of everyday goods is what’s driving their stress,” said Vaile Wright, senior director of health care innovation at the American Psychological Association. More
The Biden Administration just announced its Housing Supply Action Plan with 19 immediate steps. Their top priority is to reform local zoning. On the upside, the Plan focuses on new funding for new construction instead of new funding for buying existing houses which just increases house prices and makes housing less affordable. On the downside,
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Builder sentiment in the market for single-family homes fell sharply in May, as mortgage rates shot higher and building material costs showed no
Albi, set on the Tarn River in the south of France, has many claims to fame. The Episcopal city boasts the Cathedral Basilica of Saint Cecilia with its fortress-like brick exterior and lavish interiors. The consistent French Gothic architecture earned the cathedral, built over 200 years from the 13th and 15th centuries, a UNESCO World
A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer lower rates.
Gone are the days of the humble log cabin, or so you’d think walking through this more than 11,000-square-foot getaway perched on the slopes of Arrowhead Mountain. Newly listed at $17.495 million, the seven-bedroom, eight-bathroom home features luxury amenities not often found in your average log cabin-style design, including a wine room, movie theater and
President Donald Trump looks on during a campaign rally in Battle Creek, Michigan. Leah Millis | Reuters A New York judge said Wednesday that he would lift a contempt of court finding against former President Donald Trump by next week if Trump’s legal team provides more information about a search for documents sought by the
So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure that the home is in good shape before completing the purchase.
Marc & Tiffany Angeles An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter
Atop a landmarked Beaux-Arts building dating to the turn of the 20th century in Manhattan’s Carnegie Hill, a pavilion rises above the roof, its clean lines and vast windows unabashedly announcing this as a brand new luxury penthouse. The Wales Hotel was built in 1899 and operated as a hotel until recently, when it was
Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy.
Topline The Trump Organization finalized a $375 million deal Wednesday to sell its lease of the Trump International Hotel in Washington, D.C., according to multiple reports, after the building served as a destination for both Trump supporters and anti-Trump protesters—and netted the former president millions of dollars in revenue from visiting officials, Democrats claim. Key
In this article CWK The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters Commercial real-estate services giant Cushman & Wakefield on Wednesday appealed a judge’s order that it comply with subpoenas issued by the New York attorney general’s office
Brazey-en-Plaine is a village in eastern France’s Côte-d’Or department in the Bourgone-Franche-Comte region. Côte-d’Or takes its name from the escarpment that is the site of the famed Burgundy vineyards; hence, it is called as the “golden slope.” Besides a reputation as a wine-growing region, the area is known for its grains and potatoes, sheep and
A home is offered for sale in Chicago, Illinois. Scott Olson | Getty Images One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in
The luxury real estate market in Hong Kong is exhibiting signs of recovery following weeks of stagnation as a result of another wave of the COVID-19 pandemic. During the first quarter of 2022, Hong Kong was fighting its fifth wave of the pandemic. As restrictions ease, real estate agents are optimistic that the high-end market
The ocean views from the most expensive mansion to ever sell in Encinitas, CA. Rancho Photos A $23.5 million modern mansion overlooking the Pacific Ocean in Southern California is set to officially hit the market on May 14, and in doing so become the most expensive home ever up for sale in the town of
The first quarter of 2022 saw more markets reach double-digit annual price gains than the previous quarter, according to the National Association of Realtors’ latest quarterly report. Seventy percent of 185 measured metros experienced such price gains, up from 66% in the preceding quarter. These increases come as median single-family existing-home prices rose at a
The Federal Reserve raised its target federal funds rate by a half point at the end of its two-day meeting Wednesday, notching the largest increase in the benchmark in more than 20 years. “The Federal Reserve is behind the curve,” said Greg McBride, chief financial analyst at Bankrate.com. “They have to raise interest rates a lot
Adaptation from an evolutionary perspective is by nature a glacially unhurried process. It pans out even slower and more painfully when it comes to fundamental changes to the rules by which the real estate industry plays—many of which remain so outdated that they are analogously as irrelevant and inefficient as phones still attached to the
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
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
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
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