The one-time Santa Monica, California digs of singer-song writer and Rock and Roll Hall of Famer Jackson Browne and his actress partner Daryl Hannah just hit the market for $22.5 million. Known as The Witbeck House, the property is a prime example of American Arts and Crafts style architecture. Influential early 20th Century American architects
Real Estate
The conversation isn’t about returning to the office, Mark Dixon, IWG CEO, told CNBC. Bloomberg / Contributor / Getty Images There’s a “shock” coming for the commercial real estate industry, but the opportunities ahead are huge, according to Mark Dixon, CEO of flexible office company IWG. Technology enabled a “fundamental seismic shift” in commercial real
With #tovfurniture having more than 25.7 million views on TikTok, including a collaboration with Alix Earle, as well as a strong following on Instagram, it’s fair to say Tov is the furniture brand taking over social media. It’s easy to understand why. Every piece is beautifully and thoughtfully designed, yet on-trend. Still, many pieces have
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage
Renters are finally getting a break on their rent as prices drop. The median asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin. Rents were up nearly 10 times that much (16.5%) a
Grady Hendrix Albert Mitchell After Louise’s parents unexpectedly die in a car accident, she returns home to Charleston, where her plans to get her childhood home ready for sale are soon complicated. There’s her parents’ endless stuff, including the hundreds of dolls her mother owned. There’s her estranged brother, Matt, trying to cheat her out
The phrase “house of Gucci” may bring the book or film to mind, but in the exclusive residential heart of Rome there literally is a house constructed and still owned by Gucci family heirs. Intrigued? It’s for sale. In the late 1940s, fashion magnate and one-time CEO Aldo Gucci, the eldest son of the iconic
Aerial view of the Dubai Marina. DUBAI, United Arab Emirates — Demand for property in the United Arab Emirates’ glitzy commercial capital of Dubai hit a record high for the first two months of 2023, real estate services firm CBRE revealed in a report published Thursday. In February alone, Dubai’s residential market saw 8,515 transactions
Defying global trends, Dubai’s luxury real estate market is showing incredible resilience. Bolstered by a flock of high net-worth buyers, high-end real estate prices have jumped 89% over the past year and the sale of ultraluxe properties priced at more than $10 million reached an unprecedented level. It comes as little surprise then that the
Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the three
Share to Facebook Share to Twitter Share to Linkedin Is inflation scrambling your nest egg? If so, you’re not alone. The market’s been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we’re still struggling with extreme price increases and reduced balances in our brokerage accounts
This $22.5 million condo in Miami spans 6,200 square feet with four bedrooms and five and a half baths. But perhaps more impressive than what comes inside those four walls is the mind-blowing list of over-the-top amenities that comes with it. The luxury condo is situated on the 48th floor of the Turnberry Ocean Club
Southern California’s Manhattan Beach is a city of neighborhoods, each with its own advantages and bragging rights. There’s the Tree Section, the Sand Section, the shop-filled downtown and the ocean-facing Strand. This custom-built home is in an affluent pocket called the Hill Section, known for grand homes and grander views. While residents in some parts
A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images After dropping to a 28-year low the previous week, mortgage demand recovered slightly, even though interest rates marched higher. Total mortgage application volume rose 7.4% last week, according to the Mortgage Bankers
At different points along its dramatic coastal landscape on the southern tip of the Baja California peninsula, the popular western Mexico region known as Los Cabos can change from sprawling beachfront to towering mountainside to tranquil desert terrain in a matter of a few miles. This tendency to transform extends beyond just scenic topography and
Getty Images Moving in retirement can unlock a big pot of money to help fund those post-work years. In 2019, the typical homeowner age 60 or older who sold their home and relocated to a cheaper housing market accessed nearly $100,000 in home equity, according to new research published by Vanguard Group. The typical person
Million-dollar-plus homes are making up a smaller portion of the housing pie than they did in the spring according to a recent survey. Just over 7% of homes in the U.S. are worth $1 million or more. The share has dropped from June 2022’s all-time high of 8.6% and remains essentially unchanged from a year
In this article TGT GSBD Follow your favorite stocksCREATE FREE ACCOUNT People walk by the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors
Asking rents climbed by $6, or 0.3%, from January to February. That is the first monthly increase in rents in five months, since they last rose in September 2022, according to a recent survey. The 0.3% increase is only somewhat smaller than the typical February increase of 0.4%, averaged over data from 2016 to 2020,
In this article NVDA GSBD Follow your favorite stocksCREATE FREE ACCOUNT A general view of the facade of the New York Stock Exchange on January 13, 2015 in New York City. Ben Hider | Getty Images Entertainment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily
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