Real Estate

A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters The average price for a house in the Hamptons hit a record $3 million in the first quarter, highlighting a shortage of trophy beach homes for sale and the resilience of wealthy buyers. The average sales price in the New York

The confluence of rising rents, historic inflation rates and the availability of remote work has opened new opportunity in so-called “Third City Markets” (TCMs) in the U.S. These tertiary markets provide robust potential for workers seeking lower costs of living and better quality of life. By extension, they offer opportunity as well to real estate

Singapore-based online property portal PropertyGuru maintains a “conservative outlook in 2023” amid challenges, and expects full year 2023 revenue of between 160 million Singapore dollars and SG$170 million and adjusted EBITDA of between SG$11 million and SG$15 million. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore is raising taxes for property purchases

After the homebuying hysteria of 2021 and the first half of 2022 was cooled off by rising interest rates, one of the knock-on effects has been an increase in the cost of rent. This is understandable as rising mortgage rates pushed homeownership beyond affordability for many Americans, who then in turn, have resorted to renting.

Covid turned many Americans into homebodies, according to the Research Institute for Cooking and Kitchen Intelligence. In its recently released “RICKI 2022 Changes Driven by the Pandemic” survey sent to more than 1,000 homeowners, the research consultancy sought to learn how respondents’ pandemic experiences impacted their relationships with their homes, especially in the kitchen, what

Harlan Crow, chairman and chief executive officer of Crow Holdings LLC, sits for a photograph at the Old Parkland estate offices in Dallas, Texas, on Friday, Oct. 2, 2015. Chris Goodney | Bloomberg | Getty Images Sen. Ron Wyden, D-Ore., on Monday asked GOP megadonor Harlan Crow for a complete list of gifts to Supreme

Affordable housing development has never been without hurdles. The 3.8 million affordable homes deficit currently confronting the U.S. is ample proof. But some affordable housing sector veterans are labeling this current environment one of the toughest they have ever witnessed. It’s not hard to understand why. Ongoing inflation and the highest interest rates in decades,

A property on Maryland’s Eastern Shore takes in expansive waterfront views and features a modernized historic home and a collection of separate accessory buildings. Situated on the elevated Widgeon Point, the 20-acre estate, accessed by a gate flanked by Bevolo gas lamp-topped columns, leads to a point overlooking Trippe Creek, which sits off the Tred

People in Sweden are feeling the effects of high inflation and tumbling house prices. JONATHAN NACKSTRAND / Contributor / Getty Images The Swedish government is now predicting a deeper than expected GDP contraction in 2023, according to data released Monday, worsening an already gloomy outlook for the country’s economy. Sweden’s Ministry of Finance estimated in

Mam-On Island in the Philippines is as authentic as island life gets. White sand beaches, turquoise waters, coral reefs, secret surf spots—and little else—make its Pacific Ocean setting a natural standout. What more could anyone want? Maybe an $11 million pristine property with 2,300 feet of shoreline in the country’s prime surf zone. “It is

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in

Want to live like a member of the Roy family? As Succession’s Season 4 continues, viewers get an even deeper glimpse into the lives of the ultra-wealthy Roy family, including their homes. While it was only on screen for a few seconds, the Manhattan penthouse of Kendall Roy at the start of Episode 4 showcased

Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023.  Nathan Howard | Bloomberg | Getty Images Sales of previously owned homes declined 2.4% in March compared with February, according to a monthly report from the National Association of Realtors. At a seasonally adjusted, annualized rate, that amounts to 4.4 million units. Sales were 22%

With housing markets across the United States thrown into an odd limbo due to rising interest rates, dampening demand, but sticky unaffordability, it’s important to try and figure out what exactly is going on on-the-ground. While in past articles we focused on city housing markets, such as the Denver housing market in 2023, here we’re

Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023.  Nathan Howard | Bloomberg | Getty Images Today’s homebuyers appear to be increasingly sensitive to weekly moves in mortgage rates. While home prices are easing some, affordability is still a major hurdle, especially as more first-time buyers enter the market. Last week, the average contract

A luxury waterfront building in Washington, D.C., broke the record for the most expensive condo sale in the city’s history, selling for $12.762 million earlier this month. The split-level, four-bedroom Penthouse 1 has about 5,800 square feet of living space, five full bathrooms and two half baths. In addition, the condo offers three parking spaces.

flames burn on a natural gas-burning stove. Scott Olson | Getty Images A federal appeals court ruled Monday that Berkeley, California, cannot enforce a ban on natural gas hookups in new buildings, saying a U.S. federal law preempts the city’s regulation. The ruling from the 9th U.S. Circuit Court of Appeals in San Francisco was a

Earth Day will be celebrated this year on Saturday, and it brings some good news for environmental advocates: Homeowners are starting to prioritize sustainability in their new construction and renovation projects, as observed in the latest American Society of Interior Designers report, published in February. For many years, this aspiration frequently gave way to budget

Stacks of bricks outside a home under construction in the CastleRock Communities Sunfield residential development in Buda, Texas, U.S., on Wednesday, May 15, 2021. Sergio Flores | Bloomberg | Getty Images Builder sentiment in the market for newly-built homes rose in April for the fourth straight month, as the supply of existing homes for sale

On this date in 1912, one of the richest men in the world dined sumptuously aboard the White Star line’s newest and proudest ocean-going vessel on its maiden voyage across the Atlantic. Later that evening, he would guide his young wife Madeline to lifeboat No. 4 and be told he could not join her until