A banking van for the Lower East Side People’s Federal Credit Union parked on the curb of West Tremont Avenue in The Bronx. Rebecca Picciotto | CNBC NEW YORK – Parked on the curb of West Tremont Avenue in the Bronx, amid a chain of sedans and minivans, there is sometimes a bank on wheels.
Real Estate
In this modern era, many technological advancements have long moved past utilitarian purposes and are instead designed for convenience and comfort. But with the onset of stay-at-home orders and social distancing in the early days of the pandemic, what was merely convenient suddenly became essential and contactless technologies became commonplace. Although made necessary by the
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
The medieval town of Certaldo is a central spot for exploring Italy’s Tuscany region. The hilltop walled city is roughly a 45-minute train ride away from cultural monument-filled Florence and 40 minutes from UNESCO-listed Siena. The surrounding countryside is filled with rolling farmland. A villa now for sale in the outskirts takes in panoramic views
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
Correction: A previous version of this story listed Beko’s dishwashers as being made with recycled bottles. It is actually their clothes washers that are. 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
Westend61 When homeowners look for ways to fund home improvement projects or other expenses, sometimes a home equity line of credit emerges as an option. HELOCs, as they’re called, let you borrow money against a portion of your home’s equity — the difference between your mortgage balance and the house’s appraised value — up to
Nontoxic living is becoming an important cultural trend, with #nontoxicliving having more than 200 million views on TikTok. While there are many facets of this lifestyle choice, one of the smartest ways to reduce toxins in the home is to choose nontoxic furniture whenever possible. While toxins in furniture aren’t a reason to re-decorate immediately,
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
Buyers are entering a calmer housing market, but with little incentive for homeowners with sub 3% mortgage rates to sell and 50 of the 100 largest markets expected to see inventory declines, they will continue to have a limited number of homes from which to choose. Shoppers with some flexibility in terms of when and
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images After a stronger start to the year, mortgage demand plunged last week, despite another drop in interest rates. Total mortgage application volume fell 9% last week compared with the previous week, according
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
Hong Kong’s service sector will be the part of economy that sees “the biggest rebound” as borders reopen, UBP told CNBC’s “Squawk Box Asia” on Thursday. However, it warned that the sector is coming “from a very fragile situation,” given its contraction in every quarter of 2022. “We can’t exclude the possibility of further insolvencies
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
An abundance of palaces in Spain are places to visit. Time capsules of history to experience and explore. But in the Basque town of Getxo in greater Bilbao, there’s currently one being sold as several separate residences or apartments. The palace of Eguzki Alde, which translates from the Basque to “sunny side,” is a prime
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
Brentwood, just 12 miles from downtown Nashville and Music Row, is home to a handsome three-story red brick mansion, one of the best known and most photographed houses in Music City. It will go on the auction block on February 18th in an absolute, no reserve auction, meaning that any price for the home will
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