Real Estate

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

The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the central bank approved a more modest 0.25 percentage point increase after recent signs that inflationary pressures have started to cool. “The easing of inflation pressures

Average household income, or as called more precisely by the Census Bureau, mean household income, is quite different from median household income. For example, a city’s median household income is the income of the household that’s at the 50% point of the entire distribution of households in that city. In contrast, the mean household income

Former US President Donald Trump addresses the crowd during a 2024 election campaign event in Columbia, South Carolina, on January 28, 2023. Logan Cyrus | AFP | Getty Images The New York attorney general’s office on Tuesday said it will ask a judge to impose sanctions on former President Donald Trump and his attorneys in

Mixed-use developments have traditionally entailed a blend of multifamily housing, offices, and square footage devoted to retail and service businesses. But as mixed-use becomes increasingly popular as a design choice for teeming urban enclaves, the concept’s definition has been stretched to include health care facilities as well. Hospitals derive multiple benefits from the arrangement. Expanding

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.  This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in the benchmark rate means borrowers

Views of the Tasman Sea, the sound of waves lapping along the Whanganui Inlet, rocky outcroppings that yield to stretches of subtropical sandy beaches. Encompassing a peninsula and surrounded by bushland, Westhaven Retreat is a rare trophy property and tourism business opportunity on the northwest corner of New Zealand’s South Island. The 330-hectare (815-acre) site

Beyoncé performs on stage headlining the Grand Reveal of Dubai’s newest luxury hotel, Atlantis The Royal on January 21, 2023 in Dubai, United Arab Emirates. Mason Poole/parkwood Media | Getty Images Entertainment | Getty Images DUBAI, United Arab Emirates — It was the talk of the town. Of the entire country, really — and then

In April of 2022, Guardians Against Pandemics, a nonprofit group partly funded by FTX founder Sam Bankman-Fried and run by his brother, Gabe, bought a posh townhouse a short distance from the U.S. Capitol. They paid $3,289,000 for the place, intending to use the 3,762 square foot home to serve as a base for the

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

The housing market is showing early signs of recovery with pending sales of homes climbing for the first time in a year. Pending home sales fell 26% year over year during the four weeks ending January 22 as mortgage rates ticked down. It was the smallest drop in more than three months, according to a