A couple building a high-end contemporary house close to the Potomac River near Washington, D.C., had distinct ideas about what it should be. One person favored a Moroccan courtyard-style design; the other wanted a sustainable and well-built home. It would be up to the architects to make it work—and they did, spectacularly. Sliding mesh screens
Real Estate
U.S. homebuilders are feeling pessimistic about their business for the first time in seven months, thanks to stubbornly high mortgage rates. Builder confidence in the single-family housing market fell 5 points in September to 45 on the National Association of Home Builders/Wells Fargo Housing Market Index. The decrease follows a 6-point drop in August. Anything
A recent study from PolicyGenius found that quoted homeowner’s insurance premiums increased by 21% nationally from May 2022 to May 2023. Florida experienced the largest jump with premiums increasing by 35%. The steep increases in homeowner’s insurance costs contribute to the already intractable housing affordability crisis, as homeowners must allocate more of their incomes to
It might seem obvious that you’d want to work with a broker who has high standards when you’re selling your home or commercial property. Certainly, there are various requirements that salespeople must have to operate in the market. However, it can be important to check for signs that the broker will act ethically throughout the
EmirMemedovski | E+ | Getty Images This August, two years into their relationship, Yumi Temple and her boyfriend, Daniel, moved into their first apartment together, in Denver. It was Temple’s first time living with another person, outside of family, and she quickly learned there was a lot to navigate. The couple decided to see a
A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in
Prometheus Materials has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly. By Amy Feldman, Forbes Staff We love concrete. We use it everywhere — skyscrapers, data centers, roofs, sidewalks, homes. The problem is, concrete doesn’t love us. Its key
A “For Sale” sign hangs in front of a home in San Mateo County, California, Aug. 22, 2023. Liu Guanguan | China News Service | Getty Images Higher mortgage rates continue to take their toll on mortgage demand, especially for refinancing. Total mortgage application volume dropped 0.8% last week compared to the previous week, according
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Undefined | Mint Images Rf | Getty Images OK, not all financial advisors wear capes. But many are superheroes to their clients. Advisors, however, do wear many hats because they play a key role in the lives of their clients as they help align their
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Jasondoiy | Istock | Getty Images Coming up with a large chunk of cash for a down payment is likely the first thing that comes to mind when people think of buying a house one day. But you probably don’t need as much money as
Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% higher than August 2022, according to real estate tech platform RealPage. Compare that to a year ago, when rents were posting 11% annual growth. With
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Bluecinema Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly realize you’re locked out of your home. Luckily, on-call locksmiths are available to help.
China’s real estate sector is going in “two directions,” and even though further stimulus is expected, a recovery will not likely happen soon, according to a former advisor to the People’s Bank of China. “The property market right now in China is actually two-fold. It’s actually going into two directions,” Li Daokui, now a professor
Many Americans are house-rich, at least on paper. Thanks to skyrocketing housing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve — just shy of the 2022 peak. That’s roughly $200,000 cash per homeowner in equity that can be tapped, which is the amount most lenders
Many of the 50 million Americans who suffer from allergies don’t realize that changes to their home environment can ease their discomfort. Most of the messaging they see – especially the countless advertisements – focuses on medication. There are other options, and they generally don’t come with potential health-related side effects. I interviewed three experts
In the past years, crowdfunding has gained traction for certain real estate investments. While some platforms are available to all investors, others require individuals to meet certain criteria to participate. The SEC divides investors into two categories: non-accredited and accredited. In my previous article, I discussed the differences between these two, along with some considerations
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Shares of beleaguered Chinese real estate company Country Garden Holdings slumped to an all-time low on Friday as the company issued a profit warning a day earlier. The stock fell to an
Private phone booth at One Wall Street Courtesy: One Wall Street The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. Even as workplaces reopen, 59% of
Forest Heights Boulevard is a tony residential street in Toronto’s St. Andrew-Windfields area. “It’s a sought-after neighborhood with large estates and mature trees,” says Patricia Sun of Barry Cohen Homes. Affluent and tranquil, this part of North York is close to schools, parks, playgrounds, sports fields and the expressway. The 2018-built residence combines traditional and
Pictured here are residential buildings developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Qilai Shen | Bloomberg | Getty Images BEIJING — Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, one of the largest non-state-owned
As of early August, $12.5 million emerged as the sweet spot for record sales on Southern California’s tony Palos Verdes Peninsula. Two properties—a 6,000-square-foot estate in Palos Verdes Estates and a 10-acre hilltop residence in Rolling Hills Estates—sold for the top price in the last six months. The home was designed to showcase expansive coastal
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