Real Estate

Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ.  The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing

Immigrant entrepreneurs play a crucial role in innovation and job creation in the United States. “Immigrants have started more than half (319 of 582, or 55%) of America’s startup companies valued at $1 billion or more,” according to a recent report from the National Foundation for American Policy. Veev, a successful housing technology firm, is

Home prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to one key metric, as the housing market struggles under sharply higher interest rates. Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price

There’s nothing like a classic pre-war New York City townhouse, especially in the charming neighborhood of Sutton Place. These properties aren’t easy to come by, particularly for renters. Another challenge of these spaces is making them your own. No one knows this better than artist Elizabeth Sutton. The native New Yorker recently moved to a

Beverly Hills designer Morgan Brown has listed her West Hollywood compound for $16.9 million. The property sits on a twin lot just blocks from Soho House and some of the area’s most acclaimed shopping and dining districts. The property includes four structures set in 9,495 square feet of living space on a 26,499-square-foot lot in

Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Existing homes are selling at the slowest pace since September 2012, with the exception of a brief drop at the

In this article CZR SLG Follow your favorite stocksCREATE FREE ACCOUNT Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New York’s Times Square, the companies announced Thursday. The partners

Ashley Graham is more than just a supermodel and entrepreneur, she’s also a mom to three beautiful boys, two-year-old Isaac and newborn twins, Malachi and Roman. As she approached the birth of her twins in early 2022, she realized not only would she need to design a nursery, but because they recently moved to a

Homebuilder sentiment in the single-family home market has fallen to half what it was just six months ago as mortgage rates climb, according to a new report. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which is designed to gauge market conditions, fell 8 points to 38 in October from the

Harry Styles’ former home in Los Angeles is on the market again for $8 million. The British singer and songwriter, who rose to stardom as a member of the boy band One Direction, owned the mansion from January 2016 to June 2019. Tucked behind private gates above the Sunset Strip, the contemporary estate offers stunning

The mass exodus from cities inspired by the pandemic may be over, but suburban markets are still hot. With many people working remotely, the suburbs continue to be a more comfortable and affordable option without sacrificing access to the city, albeit with a bit of a longer drive or train ride. Check out these suburban

Few things are more quintessentially, uniquely American than Minor League Baseball. Played out in small and not-so-small cities from Portland, Me. to San Bernardino by teams both affiliated and unaffiliated with Major League Baseball, the summer game on the minor league level proves an affordable, entertaining night out. As a bonus, it’s a coalescing force

Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the

JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News Daily, and is expected to

Actress Sandra Bullock has channeled much of her A-list wealth into real estate ventures, having bought and sold homes in Austin, Texas, Los Angeles, New York, a Georgia Tybee Island home and more across the country. Now a producer, she has just listed her stunning 91-acre compound in San Diego for $6 million. The property,

Uncertainty around the U.K. housing and mortgage market has spread among first-time buyers. Resolution Productions via Getty Images Mortgage products have been pulled, payments are doubling and lenders are backing out of agreed deals; concern and uncertainty among Brits trying to buy a home skyrocketed last month after Finance Minister Kwasi Kwarteng announced his “mini-budget.”

The quality of life factors are off the charts for this 1904 classic home in Boulder, Colorado. Set in the family-oriented Mapleton Hill neighborhood, it is a short walk to vibrant Pearl Street with its shops and eateries, close to scenic Boulder Creek and near the Mount Sanitas and Sanitas Valley hiking trails. Colonial Revival,

President Biden announced yesterday that he was pardoning federal prisoners convicted of marijuana possession, and urged governors to do the same at the state level. He is also asking the Secretary of Health and Human Services to review how marijuana is scheduled under federal law, which currently compares to heroin. Taken together, these changes can

An oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The compound, called La Dune, is likely to be used as a summer home and draws from a tiny pool of buyers, probably billionaires, who could afford

South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households,

The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time the rental technology platform has recorded a third-quarter drop in the 30 years it’s been tracking the metric. Demand fell by more than 82,000 units nationally, according to the report.