Real Estate

With its wrap-around porch, gently gabled roofs and saltbox design, this newly listed Bel-Air home seems more likely to be found in New England than Southern California—but a hillside setting overlooking the canyons and the city below makes it quintessentially Los Angeles. And like many L.A. properties, this one comes with its own slice of

Spring is in the air and home buyers and sellers are coming out of hibernation. New survey data by Realtor.com shows that homeowners are gearing up to sell this spring and summer. According to the report, 64% of prospective 2022 sellers anticipate doing so within the next six months and with high expectations for making

Economic fallout from continuing Covid lockdowns in Shanghai and elsewhere in China is hard to predict. Overall declines in China share prices this year, especially in Hong Kong, contributed to a drop in the number of mainland billionaires on the new 2022 Forbes Billionaires List unveiled today. (See related post here.) Ultimately, however, the current

If you’ve ever bought or sold real estate, you’ve probably heard of contingencies. In the most basic terms, a contingency is a specific requirement that must be met in order to make a real estate contract final. The most common reason a buyer or seller requests a contingency is for their own protection—to ensure that

Recently I was in Austin for the SXSW conference, and I was floored by the infusion of ideas, energy, creativity and innovation across the days and days of sessions, the music, and other content. This event is a trademark for the city, bringing close to 280,000 people there from around the world. Austin also is

Air fryers have been a top wellness design trend for more than a year, and are likely to inspire new countertop appliance sales for Mother’s Day soon. Air frying capability has also been built into ranges, ovens and microwaves. One manufacturer even sent the capability as an upgrade to existing owners. Other companies followed suit,

Although it is often said that nothing is certain except death and taxes, how much homeowners pay in property taxes varies significantly and can be influenced based on the home’s worth and location, among other things. With the federal income tax filing deadline quickly approaching, taxes are on many people’s minds. To illustrate the considerable

Inventory is up. Mortgage rates are up (and climbing.) Do these indicators presage a slowdown in the white-hot New York City real estate market? Will the uncertainty around the ongoing Ukraine war freeze homebuyers in their tracks? How have buyers and sellers fared during the first quarter of 2022? Sales have remained brisk throughout the

Miami’s Aston Martin Residences announced recently the 391-unit building has surpassed 90% in sales, beating its own records for both January and February closings with prices continuing to see an upward trend. The two months combined closed over $100 million in sales, with more still under contract, leaving fewer than 40 units available in the

Jack Rapke, the film producer behind such box-office hits as Cast Away, The Polar Express and What Lies Beneath, is listing his home in the Beverly Hills Post Office area for $10.5 million. Rapke, who in 1997 co-founded production company ImageMovers with director Robert Zemeckis, purchased the 8,100-square-foot architectural estate in 2004 for $5.75 million,

For more than two years house prices have been increasing faster in metro Phoenix than in any other city in the S&P/CoreLogic Case-Shiller Home Price Index. The median single-family house price in metro Phoenix increased $100,000 in 2021 and is continuing to increase crazy fast in 2022, according to Phoenix MLS data. #1 Reason For

With its red tile roof, hand-planed walnut floors and white walls, this home in the Scottsdale-Phoenix area of Arizona is characteristic of the Santa Barbara style – a mix of Mediterranean and Spanish Revival architecture. Set on 1.5 acres in Paradise Valley, the classic residence combines handcrafted details and authentic materials. Reclaimed hand-hewn beams from

Who needs to visit a waterpark when you can have one of the largest home swimming pools in California? A Granite Bay mansion has come on the market for US $6.98 million that has a 260,000-gallon boulder-strewn water complex complete with a 100-foot slide, a lazy river, a swim-up grotto bar and fire pots. An

MainRo, Hollywood’s newest hotspot is quite a sight to behold. Both a restaurant and supper club, it provides a true experience that Los Angeles hasn’t seen in a very long time. Located at 6350 Hollywood Boulevard, the 7500 square foot space is divided between the main floor and mezzanine which is located above the stage

Aspen’s spring market remains strong, with eager buyers bidding on what few properties are available. Inventory, particularly new construction, is so low that buyers are now looking at older properties to update and renovate. Ann Abernethy, a broker associate at Slifer Smith & Frampton Real Estate in Aspen, offers an on-the-ground look at current market

After over two decades, David Spade has bid farewell to his longtime home in the Beverly Crest area of Los Angeles, selling the property for $19.5 million. That’s about $15.5 million more than what The Saturday Night Live alum paid for the place in 2001, public records show. The Midcentury Modern-style home, built in 1978,

Few actors or comedians were as well-loved as Betty White, who died last December. A pioneer of early television, with a career spanning seven decades, White was noted for her vast work in the entertainment industry and also for being one of the first women to work both in front of and behind the camera.

With interest rates rising, the corresponding increase in mortgage rates is beginning to make itself felt in housing markets across the United States. While rising mortgage rates make borrowing more expensive and reduce affordability, they can also dampen demand by dissuading potential buyers from actively shopping for a home, according to the Mortgage Reports. The

U.S. mortgage rates approached 5% on Friday, the highest daily average in more than four years, as war-worsened inflation fears spooked financial markets and the Federal Reserve ended a two-year emergency program that boosted demand for bonds containing home loans. The average locked rate for a 30-year fixed mortgage eligible to be backed by Fannie

Housing markets in the United States have been on a rollercoaster ride in the last two years as the impact of the pandemic made itself felt on homebuying. Across the country, housing inventories are at all-time lows and home prices are rising. Based on data from Redfin, including housing inventory, months supply of homes, and