Javea, Spain, is a picturesque resort destination known for its wide sand beaches and rocky coves. The coastal town in the province of Alicante hugs the Mediterranean Sea. Buildings in its historic core blend locally sourced golden sandstone with whitewashed walls. Rising above the water are headlands and hillsides dotted with newer developments of ocean-view
Real Estate
Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic,” Claudia Buch, vice-president at the
Where buyers go shopping for a home shifted during the onset of the coronavirus pandemic given the rise of remote work as well as affordability concerns. For many Americans, the change could have lasting implications. As employers firm up future work plans to include flexibility and give many Americans confidence in buying a home farther from
Listings of apartments for sale displayed at a real estate office in Shanghai, China, on Monday, Aug. 30, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Wild swings in Chinese real estate stocks and bonds are keeping investors on edge — these news headlines could cause troubles in the sector to spill into
Home prices hit an all-time high of $359,975 in the four-week period ending November 21, according to a new report from Redfin, a technology-powered real estate brokerage. This was up 14% year over year, the largest increase since early September. Prices have risen in the past month nearly four times faster than they did at the
Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Kaisa announced Thursday plans for paying back investors, temporarily alleviating concerns about a default as China’s property sector continues to face pressure. Kaisa’s Hong Kong-listed
Sydney’s most iconic landmarks are visible from this corner penthouse in wharf-side Bennelong Apartments, a multi-use residential high-rise complex. To the west, the 270-degree vistas take in the pedestrian friendly Circular Quay port area and sunsets over the arched Sydney Harbour Bridge. The Opera House and the Royal Botanic Garden can be viewed to the
A real estate sign advertising a home “Under Contract” is pictured in Vienna, Virginia, outside of Washington. Larry Downing | Reuters An unusual surge in home buying, just as the market enters the historically slow holiday season, is driving mortgage demand higher. Total mortgage application volume rose 1.8% last week compared with the previous week,
Wellness design and federal legislation rarely intersect, but the just-signed bipartisan infrastructure deal – officially named Infrastructure Investment and Jobs Act – has several components that will benefit Americans’ well-being where they live. While most of the funds will go toward public infrastructure, such as airports, bridges, roads, tunnels and ports, providing residential access to
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Sales of previously owned homes in October rose 0.8% to a seasonally adjusted annualized rate of 6.34 million units, according
An owner live-work space, a family compound, a mixed-use investment property … the options are abundant at this four-unit contemporary near San Diego’s Balboa Park. Called Modern on Fifth, the owner-build project was constructed in 2017 and designed by Safdie Rabines Architects, which specializes in socially responsible architecture and urban planning. The three-story building has
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank removed several phrases on policy restraint in a quarterly report, a move economists said may be a sign that stimulus is on its way. The
While many methodologies are used to close a sale, there is perhaps no more valuable tool than personal experience—-it’s much easier to speak to a product’s strengths if one has an intimate knowledge of it. That’s why car salespeople are encouraged to take what’s on the lot out for a test drive or why sommeliers
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Rising mortgage interest rates continue to take their toll on demand, especially in the refinance market. Total mortgage application volume fell 2.8% last week compared with the previous week, according to the Mortgage
Victor F. “Trey” Trahan III, FAIA, the founder and CEO of Trahan Architects, has been selected as this year’s Laureate of The American Prize for Architecture by both The Chicago Athenaeum: Museum of Architecture and Design and The European Centre for Architecture Art Design and Urban Studies. Trahan Architects is a global architecture firm with
In this article 136-HK 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande is set to raise about $273 million by selling its remaining shares in film production and streaming company HengTen Networks, according to a filing released
House museums are a mixed bag: maybe the house is beautiful, but its owner’s story, not so much, as at Monticello. Or, consider Frank Lloyd Wright’s Fallingwater: a more spectacular home would be hard to find, but it’s hard to imagine living in it. Hearst Castle is magnificent, but we don’t love William Randolph Hearst
Since buying the Tampa Bay Lightning in 2010, Jeff Vinik has looked to transform downtown Tampa. The NHL team has improved on the ice, winning the 2020 and 2021 Stanley Cups, and he has spearheaded a more than $3.5 billion real estate development. While Vinik told CNBC’s Diani Olick that he is “no commercial real
The hottest NFT on the market may not be an ape or sport’s highlight—but your mortgage. Indeed, mortgage lender LoanSnap recently announced they had minted the first NFT mortgages in existence, using their Bacon Protocol to wrap seven mortgage liens into tokens collectively worth $1.5 million. The benefits of such tokens, according to LoanSnap, are
The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. Tyrone Siu | Reuters BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday. Evergrande was
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