gradyreese / Getty Looking for an apartment or house to rent can be stressful. Rental prices have rebounded well above their pandemic lows and are now among the major inflation pain points for American consumers, along with food and gas prices. Several factors have contributed to the rising rents, including low housing inventories. It is
Real Estate
Round Hill is an estate community of Potomac, Maryland, filled with custom-built mansions in a variety of architectural styles. Prestigious? Yes. Stodgy? Not necessarily. The sellers of an elegant fieldstone estate now listed at nearly $9 million know how to have fun. Inside the more than 21,000-square-foot mansion a full-scale airplane is suspended from the
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgment for more than $222,000 in unpaid rent for the five apartments they lived in and loaned out to U.S. Secret Service agents, a court filing
Having sold millions of albums, Katy Perry is now looking to sell her Beverly Hills Post Office-area mansion for millions. The celebrity retreat, priced at $19.475 million, arrives on market almost a year after the singer-songwriter handed off a second home just down the street for $7.5 million. Though the pop icon and her fiancé,
A ‘TRUMP’ branded helicopter sits near a putting green during a ribbon cutting event for a new clubhouse at Trump Golf Links at Ferry Point, June 11, 2018 in The Bronx borough of New York City. Drew Angerer | Getty Images Fore more years! A judge ruled Friday that the Trump Organization can continue to
The National Association of Realtors is fighting a court ruling that says homeowners who post floor plans of their homes on Zillow, Redfin, Realtor.com and other websites could be open to copyright lawsuits. NAR today filed an amicus brief with the Supreme Court in an effort to protect American consumers from a recent decision of
Several new reports from real estate companies suggest buyers may be starting to get a break in this red-hot housing market. More listings are coming up for sale, and some sellers are lowering their asking prices. The number of new listings last week jumped 8% from a year ago, according to Realtor.com. This follows four
With its wrap-around porch, gently gabled roofs and saltbox design, this newly listed Bel-Air home seems more likely to be found in New England than Southern California—but a hillside setting overlooking the canyons and the city below makes it quintessentially Los Angeles. And like many L.A. properties, this one comes with its own slice of
In this article CSGP JLL UMH HHC Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing
If you’ve ever bought or sold real estate, you’ve probably heard of contingencies. In the most basic terms, a contingency is a specific requirement that must be met in order to make a real estate contract final. The most common reason a buyer or seller requests a contingency is for their own protection—to ensure that
The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year ago today. Mortgage rates, which follow loosely the yield on the
Air fryers have been a top wellness design trend for more than a year, and are likely to inspire new countertop appliance sales for Mother’s Day soon. Air frying capability has also been built into ranges, ovens and microwaves. One manufacturer even sent the capability as an upgrade to existing owners. Other companies followed suit,
Real estate accounts for an estimated 40% of global greenhouse gas emissions, with 12% of that in the United States alone, according to the EPA. Buildings mostly operate on fossil fuels, and their surfaces leak a lot of air, releasing cooling and heating out into the atmosphere. Add the construction industry to that and the
Inventory is up. Mortgage rates are up (and climbing.) Do these indicators presage a slowdown in the white-hot New York City real estate market? Will the uncertainty around the ongoing Ukraine war freeze homebuyers in their tracks? How have buyers and sellers fared during the first quarter of 2022? Sales have remained brisk throughout the
In this article CTRN Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much new pressure from Covid that Beijing may increase stimulus — boosting overall growth, Citi said Thursday. “Given the strong start of
For more than two years house prices have been increasing faster in metro Phoenix than in any other city in the S&P/CoreLogic Case-Shiller Home Price Index. The median single-family house price in metro Phoenix increased $100,000 in 2021 and is continuing to increase crazy fast in 2022, according to Phoenix MLS data. #1 Reason For
Patrick T. Fallon | Bloomberg | Getty Images As interest rates tick upward, it may be tempting for homebuyers to explore adjustable rate mortgages. The appeal of an ARM, as it’s called, can be the lower initial interest rate compared with a traditional 30-year fixed-rate mortgage. However, that rate can change down the road —
With its red tile roof, hand-planed walnut floors and white walls, this home in the Scottsdale-Phoenix area of Arizona is characteristic of the Santa Barbara style – a mix of Mediterranean and Spanish Revival architecture. Set on 1.5 acres in Paradise Valley, the classic residence combines handcrafted details and authentic materials. Reclaimed hand-hewn beams from
Congratulations! You did it! You graduated college and got your degree. But once all the college graduation parties and final hangouts with your friends come to an end, it’s time to hesitantly glare into the next phase of your life. It’s time to get your first apartment. A lot of us know roughly where we
Aspen’s spring market remains strong, with eager buyers bidding on what few properties are available. Inventory, particularly new construction, is so low that buyers are now looking at older properties to update and renovate. Ann Abernethy, a broker associate at Slifer Smith & Frampton Real Estate in Aspen, offers an on-the-ground look at current market
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