Real Estate

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
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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
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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)
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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
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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.
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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
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