A For Sale sign is displayed in front of a house in Washington, DC, on March 14, 2022. Stefani Reynolds | AFP | Getty Images Sales of previously owned homes fell 7.2% month to month in February to a seasonally adjusted annualized rate of 6.02 million units, according to the National Association of Realtors. That
Real Estate
A long-awaited gondola at the Palisades Tahoe Ski Resort is set to be completed for 2022-23 ski season, linking the two mountains for the first time in history. The base-to-base gondola will climb and descend nearly 2,000 vertical feet over a 16-minute ride, creating a quick connection between the Olympic Valley and Alpine Meadows Ski
A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Home value growth surpassed median salaries last year in 25 of 38 metropolitan areas across the country, according to research from real estate company Zillow. To compare, Zillow said only five
With summer on the way, people from all over will soon return to the United State’s vast wealth of lakes, rivers and mountains to partake in the adventure and thrill of outdoor recreation. As buyers continue to show an interest in real estate that promotes an outdoor lifestyle and natural serenity, smaller towns and cities
A data center. Erik Isakson | DigitalVision | Getty Images DUBAI, United Arab Emirates — Emirati property magnate Hussain Sajwani will invest $1 billion to build a global network of data centers under his recently launched Edgnex venture, marking a pivot to digital after two decades in brick and mortar real estate. “We’re going to
“Sleep is the foundation for good health. It improves mood, attention, health, learning and so many other aspects of life,” says Dr. Lynelle Schneeberg, a fellow of the American Academy of Sleep Medicine and author of Become Your Child’s Sleep Coach. “Poor sleep can lead to depression, weight gain, increased risky behaviors, and many other
Lennar Corp. is scheduled to report earnings after Wednesday’s close. The stock hit a record high of $117.54/share in 2021 and is currently trading near $83/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily
Social media, television and especially YouTube can make DIY projects look incredibly easy, especially when it comes to bathroom renovations. Just demo, sand, prime and paint those old cabinets, change out the vanity, and re-tile. All you need is a weekend and an enthusiasm for sweat equity. But in reality, saving cash on a DIY
Pandemic-related lockdowns and remote work made vacation destinations ultra-desirable as affluent buyers took advantage of low mortgage rates. But demand for vacation homes dropped sharply in February, with mortgage-rate locks for second homes reaching their lowest level since May 2020, according to a new report from Redfin, a technology-powered real estate brokerage. Demand was still
By Caroline Giroux The Rise of Proptech Real estate is one of the largest asset classes in the world, comprising over $225 trillion; ~$50 trillion in the United States alone. Historically, the industry has been a slow adopter of technology due to its capital intensity and illiquidity, the longevity of assets, many different stakeholders, and
For the past few decades, culture has created a new norm in which youth are funneled straight from high school to college, rarely considering any other options, despite what is best suited for the individual. Profiling and stereotypes about people involved in trades were barriers because trade work was considered dirty, according to Eric Peralez,
Red Hill in Victoria, Australia, lays claim to rich earth, luxurious properties, and, now, a new record in residential sales prices. A family estate on the Mornington Peninsula sold after 17 days on the market for within the quoted price range of AUD 25 million to 27 million (about US $18 million to $19.5 million),
Now that people are spending more time at home and going to the office less often, a new trend is growing towards outdoor workspaces. Outdoor workspaces offer a versatile solution for people who need a designated space for working from home, crafting, doing homework and more. They provide the security and comfort of being at
In a market where home values are hitting new record highs, multifunctional homes with features that accommodate both work and play are fetching even higher prices than the competition. Zillow’s 2022 Home Features That Sell analysis finds listings mentioning remote work-friendly features and amenities that make it easier to unwind and entertain at home can
Treasured homes along the California coast often come with a Hollywood connection. In Montecito, El Fureidis, a grand mansion most notably featured as the home and symbol of extreme wealth for Al Pacino’s titular character in the 1983 film Scarface, is now on the market for $39,995,000. Designed by celebrated architect Bertram Goodhue for real
Getty Images Interest rates are almost undoubtedly going up this month, for the first time in three years. The Federal Reserve is expected to raise its benchmark interest rate by 0.25% next week to curb inflation, which is running at a 40-year high. Additional hikes are likely later this year. American households will feel that
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making it hard to escape the budgetary sting. The Consumer Price Index jumped 7.9% in February relative to a year earlier, the largest
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters The war-induced drop in U.S. mortgage rates was short-lived. Rates popped up again this week to the highest level in nearly two years. The average rate on the popular 30-year fixed mortgage hit 4.19% and then fell to 3.90%
A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters After rising steadily for months, mortgage rates made a U-turn last week, and borrowers jumped to take advantage. The crisis in Ukraine rattled financial markets and caused a run on the relatively safer bond market. Yields fell and mortgage rates
In a four-story apartment building in Brooklyn, New York, a very small company is implementing a very big idea: Electrify every building in the United States by leasing landlords the necessary equipment to make the transition. BlocPower is a Brooklyn-based start-up that has “greened” more than 1,200 buildings in New York City and has similar
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