Real Estate

Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012. The luxury market and

Every style comes back sooner or later, they say, and this may well be the year we reawaken our passion for the early-20th century style called Art Nouveau. Popular between 1890 and 1910 during the Belle Epoque period, the short-lived style quickly became wildly popular as a reaction the academic art, eclecticism and historicism of

The story of New York real estate in 2022 was a tale of two markets. The year started in the best of times, as buyers signed record numbers of contracts in February and March. Then April rolled around, and the market began to shift. By fall, it seemed as if the worst of times had

Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None

Francesca Grace is a force to be reckoned with. The interior designer, stager, and reality star, who has appeared on HGTV’s Fix My Flip and Netflix’s Buying Beverly Hills is a true bon vivant, exuding genuine positive energy wherever she goes. Grace’s designs are also a breath of fresh air. While her staging work has

Key Takeaways Existing home signed sales contracts went down 4% in November, extending the slide to ten months straight. It’s further evidence of a continued slowdown in the housing sector, with prices down 9.1% since May. It’s an expected side effect of the Fed’s policy of raising interest rates to bring down inflation, with the

It’s time to make sure that your house is ready for cold weather. These steps, most of which you can take yourself, will help lower your utility bills and protect your investment. As the winds howl, the snow flies and the temperatures fall, they will also aid in peace of mind and physical comfort. Tune

Almost half a century ago, Boston’s skyline went from ordinary to extraordinary with the arrival of the then-new Hancock and Prudential skyscrapers. In the decades since, the city has watched as its homegrown companies have led the nation in one advancement after another, bringing transformative innovation to medicine, technology and education. Some felt, however, that

After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957. That’s according to a new report from the Census Bureau’s Vintage 2022 population estimates released today. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022, surpassing Idaho, the previous year’s fastest-growing state. “While Florida

A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to see potential green shoots. Builder sentiment in the single-family housing market dropped 2 points to 31 in December on the National Association

Several new high-end developments have come to the downtown district of Quebec’s largest city in recent years, delivering penthouse-caliber luxury to the center of a city steeped in history and tradition. In 1111 Atwater, Le Sherbrooke, The Ritz-Carlton Residences, Montreal, Victoria Sur Le Parc and 1 Square Phillips, current and future residents have the opportunity

Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume, however, was still

Buying a sofa is rarely easy for anyone. It’s one of the most major decisions for the home and needs to be the right mix of style, functionality, and price. Since 2020, it’s also become a far more stressful process because of supply chain issues and other manufacturer delays. Enter 7th Avenue. This innovative direct-to-consumer

Demand for rural properties has dropped in the U.K. Geography Photos / Contributor / Getty Images Demand for rural homes in Britain dropped as the pandemic trend of relocating to the countryside faded, according to real estate website Zoopla. Enquiries for properties in areas of Kent, known as the Garden of England for its rolling

As you scroll through apartment listings, you’re taking note of each property’s price, size, location, and amenities. When you find a rental that you believe will work for your lifestyle and budget, it’s time to schedule a tour. Your prospective landlord will (hopefully) disclose everything required by law, but don’t expect them to voluntarily get

The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two unconventional policy tools in the 2000s – large-scale asset purchases and forward guidance. Large-scale asset purchases refer to the Fed’s emergency buying of government debt

Home sales tumbled for the 1oth straight month in November, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year declines. Home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 7.7% from October to a seasonally adjusted annual rate of 4.09 million in

Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines. Sales were down 35.4% year

Share to Facebook Share to Twitter Share to Linkedin If you plan on raising your cash investment income in 2023, a position in REITs (real estate investment trusts) may help you do it. REITs are dividend-paying entities that own or finance real estate. They can make their money through rents, property sales, interest income or

A ‘For Rent’ sign in front of a building on December 06, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power. Rent growth in November slowed for the 10th