Alexandra Lashner of Bensalem, Pennsylvania, became frustrated after attempting to buy a house this year and decided to postpone homeownership. Source: Alexandra Lashner Alexandra Lashner and her husband were excited to buy their first home earlier this year. They saved up enough for a 20% down payment and had no debt. Yet they still couldn’t
Real Estate
The waterfront estate once owned by former Miami Heat star Chris Bosh is on the market for $42 million. The fully renovated 11,709-square-foot mansion is the only move-in-ready residence available on the prestigious North Bay Road in Miami Beach. Celebrity neighbors include Cindy Crawford, Rande Gerber, Karlie Kloss and Joshua Kushner. Upon arrival onto the lush verdant landscape, guests will
People walk past office buildings in midtown Manhattan on May 7, 2021 in New York City. Angela Weiss | AFP | Getty Images Before the pandemic, it would take Rob Byrnes at least 15 minutes to wait in line and grab a quick lunch at a fast-casual restaurant in midtown Manhattan. Now, in the minority
Dubai is a city known across the globe for its ambitious and epic structures—from Burj Khalifa, the tallest building in the world, to Palm Jumeirah, a manmade archipelago fitted with hotels, resorts and residences. Breaking records and achieving firsts has not stopped the city from expanding, as new developments continue to pop up every year.
A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand. Total application volume fell nearly 7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250
When we look at the many ways that COVID-19 has impacted our homes and lives, cooking and nutrition have to be included. “Since the start of the pandemic, virtually all appliances have been relied on to keep families nourished and healthy,” observes Jill Notini, vice president and industry spokesperson for the Association of Home Appliance
Even in the current low interest rate environment, mortgage payments are becoming increasingly unaffordable for the median American family, according to a report from the Federal Reserve Bank of Atlanta. A median-income household would need to spend 32.6% of its yearly income on a median-priced home, the Atlanta Fed reported. And the median existing home
Mortgage rates rose to a three-month high last week as the bond markets reacted to the Federal Reserve’s announcement it would “soon” begin tapering its fixed-asset purchases. The average U.S. rate for a 30-year fixed home loan jumped to 3.01%, the highest since June 24, from 2.88% in the prior week, Freddie Mac said in
In this article 3333-HK 6666-HK 754-HK A man drives a cart past apartment buildings at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on Tuesday, Sept. 21, 2021. Qilai Shen | Bloomberg | Getty Images Indebted developer Evergrande is set to sell part of its stake in
When Dubai’s Palm Jumeirah was first announced, many were skeptical that a project of such size and scale could be completed—engineering a sprawling, artificial archipelago in the shape of a palm tree seemed impossible. Two decades later and this Dubai icon continues to be the gold standard for waterfront developments everywhere. “The sheer amount of
Properties priced at around $5 million tend to have extraordinary features, including high-end design and stunning views. This collection of properties has all that, plus some unique features that make them stand out. An English manor in L.A. Location: San Marino, California Price: $5.245 million This home was custom built in stages, with the most recent
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb announced Thursday that it is planning to provide temporary housing to an additional 20,000 Afghan refugees, bringing the total number up to 40,000. Last month, the charitable arm of the
New York City’s third quarter 2021 market came in like a lion and continued roaring throughout much of the summer. The lion, however, did take a nap during the final weeks of August, and remained drowsy throughout most of September. But now that lion is waking up again. He’s still hungry — and game is
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total mortgage application volume fell 1.1% last week from the previous week, according
Wellness real estate has been seeing double digit growth in recent years, even during the pandemic. All 10 international markets saw that level of expansion in the three years prior to Covid-19’s onslaught, according to the nonprofit Global Wellness Institute, which held its Wellness Real Estate and Communities Symposium this week in New York. “The
It’s the year of the penthouse in Manhattan, with the upper-crust shelling out record prices for the highest floors of the city’s luxury towers. More than 500 New York City penthouses are likely to sell this year, which would be the largest number since 2007, according to the Corcoran Group. Penthouse 90 at 35 Hudson
This week will witness the 90th anniversary of the unveiling of New York City’s famed Waldorf Astoria Hotel on October 1, 1931. Following an unprecedented restoration, the structure for the first time is offering the opportunity to own one of 375 residences within The Towers of the Waldorf Astoria, starting from $1.8 million. With history
A for sale sign shows the home as being “under contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Signed contracts to buy existing homes increased 8.1% month to month in August, according to the National Association of Realtors, as buyers encountered higher inventory and slightly more favorable prices. Analysts
What is a weighted blanket and why might you want one for your bedroom? Are the health benefits real? “There is some evidence that it helps some adults with stress and anxiety,” shares Dr. Adrian Pristas, Center for Sleep Medicine director with Meridian Health in Hackensack, New Jersey. Other claims, like benefits for arthritis pain
A home flipper surveys a property in Phoenix, Arizona. Joshua Lott | Bloomberg | Getty Images Home flipping has never been easy, no matter how much fun TV shows like “Flip or Flop” make it out to be. It’s been even harder lately, due to low supply, high prices and a run on housing triggered
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