Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None
Real Estate
What were 2022’s top trends with impacts on the wellness potential of our homes and housing markets? It’s worth noting them for their likely strength in the new year. Clearly, Covid is still playing a role in how homeowners choose to enhance their homes and how builders market them. Technology is also an ongoing and
It’s not by accident that this Italian farmhouse near Rome seems to ooze antiquity and charm. The ivy-covered home occupies a bucolic site where historical artifacts dating to 200 B.C. have been uncovered. Surrounded by the Appia Antica Park, also known as the Appian Way Regional Park, the 5,000-square-meter (about 1.25-acre) property is hedged with
Francesca Grace is a force to be reckoned with. The interior designer, stager, and reality star, who has appeared on HGTV’s Fix My Flip and Netflix’s Buying Beverly Hills is a true bon vivant, exuding genuine positive energy wherever she goes. Grace’s designs are also a breath of fresh air. While her staging work has
With record inflation, rising interest rates and crashing stocks, this year didn’t leave the real estate market unscathed. In March, Forbes contributor Mike Maher asked the pressing questions: Will the housing market continue to bubble? Will it burst? Is there even a bubble? By December, the answer was here: The steeply rising home prices brought
Reinvention. That may seem like an obtuse, dramatic, or exaggerated term, but it is exactly what the housing industry needs to meet zero carbon goals in the next couple decades. According to the Center for Climate and Energy Solutions, heating water adds up to about 18% of a home’s energy use, and heating the air
Key Takeaways Existing home signed sales contracts went down 4% in November, extending the slide to ten months straight. It’s further evidence of a continued slowdown in the housing sector, with prices down 9.1% since May. It’s an expected side effect of the Fed’s policy of raising interest rates to bring down inflation, with the
Despite a slowdown from the previous year’s frenzy, the United States luxury real estate market is still soldiering on with new listings popping up and big-ticket sales happening everyday. Here’s a glance at five distinct markets across the country and what’s for sale and what’s been sold. The four-bedroom penthouse is set above Main Street
It’s time to make sure that your house is ready for cold weather. These steps, most of which you can take yourself, will help lower your utility bills and protect your investment. As the winds howl, the snow flies and the temperatures fall, they will also aid in peace of mind and physical comfort. Tune
If there’s anything the pandemic showed Americans, it’s that their lives need not be as rooted as once was the case. According to some reports, contract signings for part-time residences have risen 70% since pre-pandemic days. For many people, a more flexible lifestyle means choosing pieds-a-terre that enable departures from their usual abodes. For instance,
During the pandemic, Americans not only hunkered down, they hunkered down with the new pets they’d adopted to share their lonely exile until the virus had been quelled. According to the American Society for the Prevention of Cruelty to Animals, about one in five U.S. households – approximately 2.3 million – adopted a “pandemic pet.”
Among the many iterations of extreme winter sports is uphill skiing. Not exactly new, the so-called sport of skinning has been practiced by hearty ski mountaineers for ages yet is relatively young as an industry. In theory, it’s simple. Get yourself up to the top of a hill under your own steam, then ski back
Almost half a century ago, Boston’s skyline went from ordinary to extraordinary with the arrival of the then-new Hancock and Prudential skyscrapers. In the decades since, the city has watched as its homegrown companies have led the nation in one advancement after another, bringing transformative innovation to medicine, technology and education. Some felt, however, that
When it comes to the world of luxury real estate, closing a deal can be as nuanced as it is cutthroat. Here’s a look at how one leading New York agent closed a double sale five years in the making, totaling roughly $33.75 million. The Who: These two latest luxury sales are just a few
Interior design styles and brands come and go over the years but few have had quite the staying power of Scalamandré. Founded by Franco Scalamandré, an Italian immigrant, and his wife, artist Flora Baranzelli in 1929, the original mill in New York is known for producing silk fabrics, printed wallcoverings, and handcrafted trimming. Even those
Several new high-end developments have come to the downtown district of Quebec’s largest city in recent years, delivering penthouse-caliber luxury to the center of a city steeped in history and tradition. In 1111 Atwater, Le Sherbrooke, The Ritz-Carlton Residences, Montreal, Victoria Sur Le Parc and 1 Square Phillips, current and future residents have the opportunity
After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957. That’s according to a new report from the Census Bureau’s Vintage 2022 population estimates released today. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022, surpassing Idaho, the previous year’s fastest-growing state. “While Florida
Buying a sofa is rarely easy for anyone. It’s one of the most major decisions for the home and needs to be the right mix of style, functionality, and price. Since 2020, it’s also become a far more stressful process because of supply chain issues and other manufacturer delays. Enter 7th Avenue. This innovative direct-to-consumer
For as long as they’ve existed, luxury residential properties have used creature comforts as selling points. They’ve touted their sumptuous luxuries as ways to ease stress and trim travel time, while gaining quality moments with loved ones. A few of the developers who have long aimed this message at adult buyers have expanded their amenity
January is the time for New Years’ Resolutions and new beginnings, but few of us think of it as prime moving time. However, Jonas Bordo of Dwellsy, a comprehensive residential home rentals marketplace, says finding a better rental is a resolution you can totally keep. He’s even willing to share some insider information: January and
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