Brandon Bell | Getty Images Brace yourself for another competitive year in the housing market. Home sales are expected to grow 6.6% in 2022, a 16-year high, according to Realtor.com. The typical winter lull isn’t even necessarily happening. Home prices actually accelerated from November to December, said Danielle Hale, chief economist at Realtor.com. While Realtor.com
Real Estate
The breathtaking vineyard estate in Sutton, Quebec, where Adele’s “Easy on Me” video was filmed last year has hit the market for a whopping $4.33 million. Adele has a flair for choosing stunning backdrops for her music videos, and the one she chose for her hit song “Easy On Me” is no exception. A 90-minute drive from Montréal,
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
A contemporary home in Miami Beach has hit the market for $90 million. If it sells near the asking price, that would make it the most expensive home sold in Miami-Dade County, beating out the current record of $75 million. Situated on Miami Beach’s most coveted address, this sprawling Star Island estate offers history and
Aerial view of Manhattan and Hudson River in New York Karel Stipek | iStock | Getty Images Throughout most of the pandemic, New Yorkers have been shielded from eviction thanks to a statewide moratorium on the proceedings. That protection will come to an end on Saturday, and tenant advocates fear that many could be pushed
Thinking about buying or selling a home? Before you pick a real estate agent, arm yourself with a little knowledge about what he or she should handle. Whether you find an agent online or take your sister’s coworker’s Aunt Suzy up on her offer, this article will ensure you get the most out of the
The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles
CoreLogic, a global property information provider, today released its monthly Loan Performance Insights report for October 2021. For October, 3.8% of all mortgages in the United States were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to October 2020, when it was 6.1%. To
Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started demanding double-digit increases. The average apartment rent in Manhattan hit $4,440 in December, while the more widely
What better residence for a world class windsurfer than one with trails descending right to the ocean? The Hawaii estate of the legendary Robby Naish, which includes a half-mile of rocky coastline, is for sale at US $15 million. On Maui’s North Shore, the 73-acre property encompasses Kealii Point is set between Uaoa and Pilale
Higher prices are already taking a toll. As consumers pay more for everything from groceries to gasoline, household income is failing to keep pace with a higher overall cost of living, according to recent reports. Over the past two years, median income fell 3% while the cost of living rose nearly 7%, due, in part,
Last year was one for the record books for the Manhattan real estate market, and the surge in deal volume during 2021 was primarily due to pent-up demand. The fear of missing out increased the number of expected buyers when the market reopened in the summer of 2020, and fears subsequently subsided. A deeper look
An elderly couple walk past a sign in front of Shimao Tower, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Shimao Group Holdings pushed back Tuesday on reports of default and sales of prime property. Shimao
Swiss design is finding a hand-in-glove fit on the snow-strewn slopes of Breckenridge, Colorado. Set on the last available site in a ski-in/ski-out luxury subdivision in the Peak 8 area, a precision-built home currently under construction provides a modern take on traditional alpine mayen, the chalet-style mountain cabins that date back almost 300 years. Plus,
In this article 813-HK Pedestrians near the Riviera Garden residential property, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images Shares of Shimao spiked nearly 7% on Monday after Chinese business publication Caixin reported the embattled developer is selling all of its real
If you have a question like this one, send it in. I’ll tackle case studies that have educational value. “I am anxious to pay off my mortgage since, with the current standard deduction, there is no advantage in claiming mortgage interest. “My wife and I are retired. I am 72, with a pension along with Social Security, and have $850,000
Fans for the Tennessee Titans and the Los Angeles Rams before an NFL football game at SoFi Stadium, Sunday, Nov. 7, 2021, in Inglewood, Calif. Marcio Jose Sanchez | AP The Buffalo Bills are seeking a new $1.3 billion National Football League stadium. The Chicago Bears are spending $197 million to acquire land that could
Jon Landau, the producer of Titanic and Avatar, has put his property in Islamorada, Florida on the market for $13.9 million. The waterfront property is currently the most expensive listing in the village of six islands just 90 minutes south of Miami. The stunning property encompasses almost four oceanfront acres. At the entrance, an exceptional
The Covid pandemic caused a surge in housing costs and a rise in unemployment, leaving nearly 600,000 Americans unhoused in 2020. “What people don’t typically realize when they walk past a person who’s homeless is that this person is costing taxpayers a lot of money,” said Sam Tsemberis, chief executive officer at Pathways Housing First
Colder weather may be settling in, but new housing data suggests the winter market is heating up, as looming mortgage rate hikes motivate more buyers to search for a home despite limited options. Listing price growth renewed its momentum in December, with the annual pace returning to the double-digit territory seen throughout the past year’s
Home prices and rents are soaring, but home prices are rising faster. And that’s shrinking the affordability gap between owning a home and renting one. Median-priced, single-family homes are less affordable than they have been historically in just over three quarters of the nation. That’s up from 39% at the end of 2020, and it’s
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