Real Estate

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

Steeply graded home lots seem to suit architect Robert Harvey Oshatz. To build on such parcels, homes are designed to cantilever over slopes, offering exceptional views. The residences seem to soar and can appear untethered, existing in the air. It’s an Oshatz signature refined during 50-plus years of work: architecture that looks to have been

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. “Interest rates are going up at the

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

While many people associate biohacking with taking vitamins or exercising, most biohackers will tell you it’s about embracing a wellness-focused lifestyle and making changes to optimize health. Much of this begins with making healthy changes at home. For example, opting for an organic mattress instead of a conventional one can reduce chemical exposure. Dave Asprey

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.

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

The Federal Reserve raised the target federal funds rate by 0.75 percentage points for the third time in a row, in an effort to cool down unrelenting inflation. Fed officials have raised the benchmark short-term borrowing rate a total of five times this year, including 75-basis point increases in June and July, marking an unprecedented pace. related

It’s easy to make assumptions about small towns, whether they are laid-back communities in the shadow of more densely populated areas or that their housing is affordable for most home buyers. Home prices may seem as if they’re declining in some parts of the country, but that doesn’t change how dramatically they’ve risen over the

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.  related investing news

It’s easy to leave your heart in San Francisco: the city has beautiful architecture, historic charm, memorable eateries, culture galore, magnificent views and enough atmosphere to convince even the most cold-hearted among us that this place is truly special. The city is also famous for its high-end real estate, which seems to rise further into

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. Getting to Sentosa is simple by this

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. Sleek and stylish furnishings are meaningfully placed throughout the penthouse.

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