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
Real Estate
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
This 145-acre estate property outside Edwards, Colorado, is all about enjoying the great outdoors. The aspen-dotted rolling hills contain 10 miles of custom trails designed for hiking, snowshoeing and snowmobiling. Along the paths are four picnic and play areas to rest and take in the scenery. One such stop features a wooden drawbridge and a
Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, May 5, 2021. Octavio Jones | Reuters Higher prices and longer wait times do not appear to be turning buyers away from the nation’s homebuilders. With demand still surging, homebuilder confidence in the
Past and present are entwined in the urban core of Caen in northwestern France. Known as the hometown of William the Conqueror, the history-rich port sits along the Orne river in the heart of the Normandy region. Stone houses from the Middle Ages share the city with modern 21st century dwellings. This turreted stone home,
skynesher | E+ | Getty Images A lawyer may be your first call when you decide you want a divorce, but a financial advisor should be your second. In many cases, a divorce has more impact on a person’s current and future financial well-being than any other event in their lives. Sound financial planning may
Engadine-style houses have a distinct architectural giveaway – their decorated exteriors. In addition to the playful scrolling – known as sgraffito – the homes are also distinguished by their massive walls, deep set funnel-shaped windows and gabled rooflines. This two-home property in the village of Bergun/Bravuogn in eastern Switzerland dates to 1603. Updated for contemporary
PeopleImages | Getty Images In a sizzling housing market, some military families using VA loans are struggling to buy homes, real estate experts say. VA loans, mortgages partly guaranteed by the U.S. Department of Veterans Affairs, financed 14% of home purchases from July 2019 to June 2020, according to the National Association of Realtors. The
A premier plot on the iconic Palm Jumeirah in Dubai has sold for a record-breaking AED 70 million or about US $19 million – signaling a solid finish to an already strong year for the luxury real estate brokerage Driven Properties. “Luxury real estate was always in high demand in Dubai, but this year it
Source: Douglas Elliman Pent-up demand, a roaring stock market and extremely low interest rates are melding together to create a record-breaking luxury real estate market in Manhattan. “Leading up to the pandemic, the high end of the market was the weakest segment of the market. However, since the end of the lockdown, it’s inverted –
As with much of London, the streets and structures of London neighborhood, Belgravia, are rich with a storied history—but while many can boast noteworthy pasts of royalty and nobility, none perhaps has quite as auspicious a future. Initially developed in the 19th-century by Marquess of Westminster, Robert Grosvenor, Belgravia’s noble roots have remained a through-line—several
CHUNYIP WONG | iStock | Getty Images As the struggles for renters continue, at least eight states and more than 20 cities have policies in place to keep families protected from eviction. Even as the country pulls out of the pandemic, more than 15% of adult renters still report being behind, with as many as
Between preparing to host family and friends for Thanksgiving and making gift lists and checking them twice, the whirlwind of activities during the busy holiday season can feel more like a blast of arctic air than a hint of festive cheer. Kitchens are put through the ultimate stress test on Thanksgiving, with every appliance and
Frederic J. Brown | AFP | Getty Images For Stacey Foley, refinancing her mortgage was a no-brainer. After paying roughly 4.25% in interest on her existing home loan, refinancing at 3.25% with limited closing costs has saved her $200 monthly. “Two hundred dollars doesn’t sound like a lot of money, but over a year it
New York is in love with the new. During week after week in the fall of 2021, buyers at the upper end of the real estate market have been choosing with their dollars. What they choose, time and again, is newly constructed (or not even yet constructed) condominiums. While fewer billionaires are actually purchasing units
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