Anyone who bought a home – or tried to – over the past couple of years knows that it was rip-roaringly competitive, with bidding wars and all-cash deals. But it actually could have been worse. One group all but disappeared from the market during the pandemic: foreign buyers with mega millions. But now foreign real
Real Estate
Renting an apartment for the first time is an exciting step into adulthood but it’s a big commitment financially so you want to make sure you do your homework and make a choice that’s right for you — and your budget. First, you have to time it right when you’re looking at apartments — you
Boating enthusiasts looking for a snug harbor between Baltimore and Annapolis, Maryland, need look no farther than Little Round Bay, a deep-water cove on the Severn River. This custom coastal retreat, designed by local architect Cathy Purple Cherry, encompasses 2.72 acres in Crownsville’s Herald Harbor area. Included in the 2.72-acre offering in Crownsville, Maryland, is
The three most important things in real estate: location, location, location. And the U.S. real estate market is in a weird place right now. Mortgage rates are nearly double what they were a year ago, reflecting the Federal Reserve’s campaign to rein in inflation. But they have also been volatile, including some sharp declines from
Some 80 years ago, a group of concerned citizens banded together to form a coalition whose sole purpose was to protect their little town of Cherry Hills Village from encroaching commercialization. The area’s pastoral beauty with wide-open fields sprinkled with patches of cottonwoods and placid bodies of water had attracted the attention of Denver residents
In this article RDFN Stockton, California DenisTangneyJr | iStock | Getty Images After the frenzy of bidding wars, the U.S. housing market is starting to cool, particularly along the West Coast, as mortgage interest rates rise. That’s forcing some sellers to adjust. “Sellers have to be more realistic,” said Bill Kowalczuk, real estate broker at
First constructed more than 200 years ago, Franc Vila’s manor house in Pego, Spain, is an irreplaceable find. Graced with palms, terraces and two medieval towers, the six-bedroom, six-bathroom, four-story home is a timeless sanctuary just 5 kilometers from the Mediterranean Sea. Fully modernized, the light-infused interiors are at once stately and comfortable. The home
Blue Heron’s cliffside spec house spans three levels in San Diego’s La Jolla neighborhood. Blue Heron This newly built cliff-side mansion overlooking the Pacific Ocean in Southern California comes with an ambitious $32.5 million asking price. It’s one of the most expensive homes for sale in San Diego County, and that price tag puts it
Cody and Zach Vichinsky changed the luxury real estate game on Long Island by specializing in properties worth more than $10 million, including homes seen on Succession and in Wall Street. So why is greed no longer good? By Luisa Kroll In August 2021, Bespoke Real Estate in Water Mill, New York, secured the exclusive
Soaring inflation is putting markets on edge and triggering fears of recession. The latest consumer price index this week revealed a searing 9.1% increase year-on-year in June, prompting Treasury Secretary Janet Yellen to say that inflation in the U.S. is “unacceptably high.” The causes behind the steep jumps include high commodity and energy prices triggered
Antiquity and Silicon Valley are two concepts often not paired together. The very name of the region roughly shaped by the San Francisco Bay, Santa Cruz Mountains to the west and Diablo Range to the east is synonymous with technological innovation—where the future, not the past, is king. However, a hundred years ago this wasn’t
A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time — and brokers say demand and prices are headed even higher into the fall. The average apartment rent in June was $5,058, the highest on record, according to a report
Few places seemed more risky during the early, pre-vaccine peaks of the Covid-19 pandemic than nursing homes and senior housing facilities. That includes Arbor Court Retirement of Topeka, the oldest retirement community in Topeka, Kansas. “There was a lot of fear,” says Linda Clements, the director of business development at Arbor Court of Topeka, an
Known as the Black & White House, this custom contemporary home reveals its stunning architectural beauty the moment you drive up. Located on a wooded acre lot, the five-bedroom home was built in 2007 by David Jameson, a renowned local contemporary architect. “David Jameson is one of two modern architects in our area and he
A “For Sale” sign in Crockett, California, on Tuesday, June 14, 2022. David Paul Morris | Bloomberg | Getty Images As consumers worry more about inflation, fewer are buying homes — and if they are, they’re buying less expensive homes. Mortgage demand fell last week compared with the previous week, and the average loan size
David Ryder | Getty Images After staggering growth during the pandemic, the U.S. housing Boismarket is starting to cool — and it’s happening fastest along the West Coast. The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory
Villa Ada, situated above Lake Maggiore, was built in 1866 by the Trubetskoy family. The family descends from Dmitry of Bryansk, who was the son of Algirdas, ruler of medieval Lithuania. Pyotr Trubetskoy, a Russian diplomat, moved to Italy in 1865 on a diplomatic mission. There he met Ada Winans, an American lyric singer. The
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Mortgage rates dropped for the second week in a row, but that didn’t revive demand from homeowners or potential buyers. Rates fell 10 basis points last week and have declined 24
The majority of jurisdictions across the country are struggling with housing affordability issues. To address the issue, many are reconsidering the zoning that they have in place to open up the possibility for more and different types of housing development, leaning toward higher density that will lower costs for renters and owners. However, this is
Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom,
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