Topline The steep collapse in home sales spurred by rising interest rates will continue into next year and lead to the housing market’s first yearly price decline in a decade, real estate brokerage Redfin reported Tuesday, and though the downturn may not rival the one spurred by the Great Recession, other expert predictions are calling
Real Estate
A new study by LendingTree found that renting is usually cheaper than owning a home, but not always. To look at how the cost of renting a home differs from owning one, the online loan marketplace analyzed Census Bureau data to compare monthly rental and housing payments for homes with and without mortgages in the
When participants in real estate and other business transactions negotiate their contracts, they think about what might happen later and what legal consequences should arise from those events or circumstances. For example, a contract might prohibit a party from doing something. It might also say that if a party wants to do something, then the
Pylon, the startup bringing a way for lenders and fintechs to embed end-to-end mortgage tools to their existing platforms, will announce today the raise of $8.5 million in seed funding. Conversion Capital led the round, with participation from Peter Thiel, Fifth Wall, Montage Ventures, QED Ventures and Village Global. The round included angel investors from
A sprawling Beverly Hills compound that once belonged to actor Mark Wahlberg and was featured in the HBO series “Entourage” is on the market at a substantially reduced asking price of $28.5 million, according to TopTenRealEstateDeals.com. Spanning 1.7 acres of grounds, the gated estate features 13,000 square feet of living space and 1,000 square feet
The pressure to give the perfect gift this season is on. So, instead of a standard sweater or gift card why not give the friends and family on your list the gift of convenience like an appliance or kitchen gadget? These are often gifts that people won’t purchase for themselves but truly appreciate and likely
Any avid reader readily grasps the appeal of a frigid autumn or winter evening. Given the chill outside, no excuse is required for relaxing inside with a good book. And of course relaxing with a good book is what the reader would prefer regardless of season or weather. Developers of select high-profile, high-end New York
For our kitchen counters, we have traveled from laminates to butcher block to marble to soapstone to granite, and then back again. Each material has its pros and cons, but none has an ultimate combination of beauty and toughness. Each is, to different degrees, vulnerable to scratching or cutting, etching from acids like lemon juice
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—has deferred plans to list its commercial properties in the U.K. on the Singapore Exchange amid heightened market volatility and macroeconomic headwinds. The company aimed to raise about 500 million pounds ($607 million) from the maiden share sale of a portfolio of U.K. commercial properties—including an office
A sophisticated blend of historic and au courant, Toronto’s Yorkville district conjures many adjectives: cosmopolitan, vibrant, fashionable. What better perch to be at the center of the Ontario shopping and dining hub than a luxurious private residence at the Four Seasons? The 55-story glass-clad condominium tower, which opened a decade ago, contains more than 200
Set just south of its glitzy sister, Las Vegas, is Nevada’s second-largest city: Henderson. In some ways, it seems a world away. Exuding many small-town aspects, the city boasts farmers markets, 180 miles of trails, a pond-filled bird-viewing preserve and lion sanctuary. The nearly $7.5 million home is the master-planned MacDonald Highland’s community of Henderson,
Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it will slow its pace of rate hikes. The average U.S rate for a 30-year fixed mortgage dropped to 6.49% while the average rate for a 15-year fixed home loan fell to 5.76%,
Pantone has announced the color of the year for 2023, and it’s a doozy. The idea of color of the year has become a big thing for paint companies, manufacturers of wall coverings, wood stain specialists, fabric producers – any company where color is a selling point. But it is good to remember that Pantone,
The 1992 film Unforgiven, directed by and starring Clint Eastwood, was one of the most critically acclaimed Westerns of the 1990s. The recipient of four Academy Awards (best picture, best director, best supporting actor and best editing), the film was selected for preservation in the Library of Congress National Film Registry. It was also a
The bathroom is the true sanctuary of the home. It’s a place to get peace, privacy, and hopefully relax. So, design is of the utmost importance in these spaces. 2022 was an interesting year for bathroom design because many people were finally finishing up projects they began in previous years but were stalled due to
The San Francisco Bay Area is well-known for its high cost of living and, more specifically, how expensive home prices are. This isn’t a new development; in fact, during the famous California Gold Rush, which began in 1848, residents of San Francisco were already complaining of how expensive things were. But, beginning with the original
The housing market moved further in the direction of buyers last month as the markets that cooled the fastest in response to quickly rising interest rates and home prices continued to moderate, according to the Knock Buyer-Seller Market Index released today. At the same time, many strongholds show no sign of slowing down and some
Miami Art Week 2022 has arrived. While there are many highly anticipated shows, there are few as innovative as Scope. Founded by Alexis Hubshman, the event will feature a variety of diverse names on its roster including Thandiwe Muriu, Derrick Ofosu Boateng, Clay Apenouvon, Patrick Tagoe-Turkson, Angèle Etoundi Essamba, Osborne Macharia, Sesse Elangwe, and Charly
Most baby furniture and decor is meant to be functional, but certainly not always stylish. So oftentimes designed-inclined parents are forced to choose between what reflects their own aesthetic and what’s best for the baby. Fortunately, it looks like many brands are starting to recognize this dilemma and are now creating everything from pack and
With every passing year, more and more evidence has pointed to the health and longevity benefits socialization can deliver. Interacting with other people can spur an interest in fitness, reduce anxiety and stress and improve cognitive functioning. Social activity is associated with a decreased risk of dementia in old age, and can lead to sharper
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