Real Estate

Within a month, two spec homes — one at a record-setting $30 million-plus and one at $20 million — sold in what promises to be one of the most exclusive neighborhoods in Paradise Valley, Arizona. The estimated value of the completed top-selling home would set a record for the state. In a highly desirable luxury

Austin, as the country’s fastest growing city and now the tenth largest city in the country, is at the forefront of housing challenges, and taking the opportunity to explore innovative solutions. Bryan Glasshagel is senior vice president at housing data and consultancy firm Zonda, and tracks Texas markets. He points out that as some of

Private apartments are seen against the backdrop of the Marina Bay Sands hotel and the Singapore Flyer observatory wheel in Singapore on March 23, 2022. Roslan Rahman | AFP | Getty Images Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a

The U.S. housing market is in historic turmoil. Years of rock bottom interest rates, then the pandemic, and now an unprecedented cycle of tightening by the Federal Reserve that is likely not over yet, have left buyers and sellers in difficult spot. Prices have begun to level off or decline in many areas in response

Typically, luxury homes in Whitefish, Montana, are designed to fit into the spectacularly rugged landscape. Dominant styles are traditional mountain and glass-filled mountain modern, which rely on using natural materials with wood and stone accents. But there are exceptions. The contemporary lakefront home takes its cues from coastal Carolina cottages thousands of miles … [+]

Blaine, Minnesota. Brand new townhomes for sale with new construction financing and a builders credit of $4,500 to attract new buyers. Michael Siluk | Universal Images Group | Getty Images Mortgage interest rates pulled back last week after jumping sharply to start July. That lit a fire under refinance demand but did little to help

Amidst warnings from scientists and engineers that artificial intelligence (AI) is advancing more quickly than the resolution of ethical control issues surrounding it, ChatGPT has arrived in the residential real estate universe. Agents countrywide have begun using it to write listing descriptions and assemble pitch packages. Just last week, one of our New York agents

Michael Barr, vice chair for supervision of the board of governors of the Federal Reserve, testifies during a House Committee on Financial Services hearing on Oversight of Prudential Regulators, on Capitol Hill in Washington, DC, on May 16, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve’s top banking regulator expressed caution Tuesday

Builder sentiment in the market for single family homes rose one point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index. It marks the seventh straight month of gains and the highest level since June 2022. A reading above 50 is considered positive sentiment. Builders say low supply

Anyone with an eye for detail will be awestruck at this Spanish Colonial Revival estate in Santa Barbara’s Hope Ranch enclave. La Sonrisa was designed in 1931 by Floyd E. Brewster, a protégé of architect George Washington Smith, who worked with Carleton Winslow Sr. on the Santa Barbara Museum of Natural History. The property sits

“I see music as fluid architecture,” legendary singer and songwriter Joni Mitchell told the New York Times in a 1991 interview. Debbe Daley saw it as an inspiration for interior architecture when she remodeled a room in her Portsmouth, New Hampshire home as a music studio for herself and her husband. The interior designer and

The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images China Evergrande Group posted a combined loss of $81 billion in its long overdue earnings report late on Monday. The world’s most indebted property developer fell into

Traditionally, when a property owner agreed to sell real property, it was up to the buyer to check out the real property as much as they wanted. If the buyer liked what they found, they could go ahead and buy the real property. If they didn’t, they could go buy other real property instead. The

A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty Images More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement. The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales

A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Lawrence Yun has as big a stake in the Federal Reserve’s moves as any economist: As the chief economist for the National Association of Realtors, his industry is a

Property investment in China slid nearly 8% in the first half of the year, official data showed Monday, marking a deepening decline for a sector that accounts for up to a quarter of the world’s second-largest economy. The National Bureau of Statistics said the sector will gradually stabilize as the broader economy recovers, and is

After a frenzied market over the last three years, the latest data coming from Austin, Texas, is now pointing toward stabilization, with prices leveling out and inventory bouncing back. While the days of cutthroat bidding wars may be over—at least for now—the effects on the luxury segment of the market may prove long-standing. With much

In this article KREF GLE-FR KKR Follow your favorite stocksCREATE FREE ACCOUNT Mayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to developers who build new housing. “We have a great opportunity to change the uses in

Once you’ve found a great real estate investment opportunity, it will be time to raise capital for the transaction. This step typically involves structuring the layers of equity and debt. In simple terms, equity refers to money that you’ll bring to the table and debt includes the different types of financing you’ll secure for the

Ever since Lindsay Lohan announced her pregnancy in March 2023, fans have been anticipating her latest project, a baby boy with husband Bader Shammas. No one is more excited about this than Sara Adam Slywka, cofounder of Nestig, which recently collaborated on a line of ocean-themed nursery accessories with the actress. Slywka tells me, “Lindsay

Nashville has long been known as the “Music City.” And for many, Austin also enjoys considerable cachet as an American music capital. But myriad other urban aspirants covet a reputation as up-and-coming meccas for music lovers. On this 111th anniversary of the birth of iconic “Dust Bowl Troubadour” Woody Guthrie, we train a white-hot spotlight