Real Estate

Roughly one-third (31.2%) of home purchases were paid for with all cash in December, according to a new report from Redfin, a technology-powered real estate brokerage. That’s up from 28.8% a year earlier but down from the eight-year high of 31.9% hit in November. The share of homes bought with cash remains elevated above pre-pandemic

America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September

Former U.S. President Donald Trump speaks during a rally ahead of the midterm elections, in Miami, Florida, U.S., November 6, 2022. Marco Bello | Reuters A New York appeals court panel on Tuesday upheld a $110,000 fine on former President Donald Trump that a judge imposed last spring after he was found in contempt for

There’s more pressure than ever today for parents to create beautifully designed nurseries and children’s rooms. With #babynursery having more than 168 million views on TikTok, from minimalist to mid century modern and high-end designer looks, while a baby likely won’t remember what their nursery looked like—social media will. Another big factor in furniture decisions

Home buyer demand continues to increase from its fall low point despite mortgage rates ticking up this week, according to a new report from Redfin, a technology-powered real estate brokerage. Seller activity is also picking up. Pending home sales posted their smallest decline since September during the four weeks ending February 5, falling 20% from

An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raedle | Getty Images The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled

There is a new, ultra-luxurious destination in a resort area considered as close to paradise as it gets. Susurros del Corazón on Mexico’s Punta de Mita is the newest property of Auberge Resorts Collection, a small, family-owned company known in the hospitality industry for developing and operating ultra-luxury inns and resorts across the Americas. The

Median rents in Manhattan hit a new record in January as a strong job market and limited supply of apartments lifted prices. The median rental price rose 15% to $4,097 from the year-earlier month — the highest ever in January, according to a report from Douglas Elliman and Miller Samuel. The average rent in Manhattan

Spencer Platt | Getty Images News | Getty Images New York is the most rent-burdened metro area in the U.S., according to a new report from Moody’s Analytics. A household with the median income in the Big Apple would need to pay nearly 69% of earnings to rent the averaged-priced apartment there, the research division

The annual Kitchen & Bath Industry Show is always a great event for checking out the latest products and trends in the residential building, design and remodeling spheres. That show happened last week in Las Vegas, and its annual Best Products awards, announced on February 1, are a window into what specifiers are excited about.

Stories about soaring rents and the search for a new place to live taking months are all too common in London right now. The city’s rental market is in crisis, and renters are facing the consequences.  One of them is Daniel Lloyd, who lives with his flatmate in southwest London. After living in their two-bedroom

The Hollywood legend’s Brentwood home, located on two private and serene acres, encompasses 12,704 square feet of contemporary living space, with five bedrooms, six full and three partial bathrooms. It is now offered for sale for $28,900,000. Represented by Janelle Friedman of Sotheby’s International Realty – Santa Monica – Venice Brokerage, the sprawling, mostly one-story

In Maui, life revolves around the beach. The $5.5-million plantation-style residence in Wailuku on Hawaii’s second-largest island takes full advantage of its oceanfront setting. The 4.5-acre property at 490 and 497 Lilihua Place was custom-built in 2020 to maximize access and views. The beach lies right outside the backyard, a perfect location for surfing, kitesurfing,

China’s real estate market has slumped in the last two years after Beijing cracked down on developers’ high reliance on debt for growth. Future Publishing | Future Publishing | Getty Images BEIJING — China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday. The property market

Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty Images The average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily. The housing market hasn’t seen the rate with a five handle since a brief blip

When it comes to apartment buildings, there are many ways to differentiate — “doorman” versus “non-doorman” buildings are one key distinction, for example. But perhaps the most basic or popular way to differentiate buildings is by contrasting those with elevators and those without. As such, what floor a property is on can have a significant

Two developers in California are looking to lure a buyer willing to do something no other buyer has ever done before in Los Angeles history – pay between $50 million and a $100 million for a condo.  A deal anywhere near those asking prices would shatter a record in the City of Angels, where no

Country singer Luke Bryan has listed his four-bed, four-bath Florida home for sale with an asking price of $18 million. Property records show the home was previously purchased in 2013 for $2.5 million. It has since had extensive upgrades and remodeling while still retaining its 96-feet of unobstructed waterfront. Located on over an acre just

Set on the Island of Montreal, the city of Westmount is home to some of Canada’s most affluent neighborhoods. But Westmount is not only home to wealthy residents. It boasts notable ones as well. The late singer-songwriter Leonard Cohen was born there, and United States Vice President Kamala Harris attended the local high school. Filled

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the

By most measures, the U.S. economy is in solid shape. Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. related investing news A further stock rally will be ‘like bathing in lava’ for market bears,