Father’s Day 2023 is just around the corner. This year, Dad doesn’t want another tie or gag gift. Instead, choose something special for the home. After all, home and decor gifts are things dad can use every day. From the kitchen to the living room, bathroom, and even the backyard, here are the ten best
Real Estate
As housing affordability has become a flashpoint nationwide, state legislatures across the country have introduced over 60 rent control-related bills, adding to the rent regulations already implemented by more than 200 local governments, according to the National Apartment Association (NAA). While 33 states preempt local governments from adopting rent regulation laws, New York, California, the
A Manhattan Beach, California, estate once home to a Hollywood writer-producer as well as two popular sports figures recently sold for $10.5 million. The five-bedroom estate is located in the Hill District of the Southern California coastal city, a small enclave known for its large lots and prestigious houses. The home with French Country flair
damircudic | E+ | Getty Images The Federal Reserve is likely to temporarily pause its aggressive interest rate hikes when it meets next week, experts predict. But consumers may not see any relief. The central bank has raised interest rates 10 times since last year — the fastest pace of tightening since the early 1980s — only
“Persistently high inflation and the recent spike in lending rates will trigger a correction in the UK (Aa3 negative) housing market,” Moody’s Investor Service said in a report. Matt Cardy | Getty Images News | Getty Images LONDON – The U.K.’s biggest bank temporarily withdrew mortgage deals via broker services on Thursday, as the effect of
Legendary British rock star Rod Stewart is saying goodbye to his sprawling Los Angeles mansion. Listed for a whopping $70 million, the estate is located in the prestigious gated enclave of North Beverly Park, known as one of the most expensive communities in the city. The estate was custom-built for Stewart in the late 1990s
The median monthly cost of homeownership is $1,672, according to the U.S. Census Bureau’s latest American Community Survey (2021). The median amount may vary by state (for example, homeowners in California and Hawaii pay more than $2,500, while residents of Arkansas and Indiana have a median monthly cost that’s less than $1,200). However, first-time buyers
A sign is posted in front of a home for sale in San Francisco, February 20, 2023. Justin Sullivan | Getty Images Even in a housing market that has slowed significantly due to rising mortgage rates, the supply of homes for sale is about half of what it was in 2019. The shortage is hitting
A stylishly renovated three-bedroom penthouse in Manhattan’s Chelsea neighborhood takes in two iconic views of the city from a pair of terraces. The more than 2,200-square-foot unit has two outdoor spaces, one that has a view of the Empire State Building, and another catty-corner space that takes in lower Manhattan to One World Trade. With
Despite Detroit having the lowest home values of any metro in the country, Detroit renters still struggle with affordability. In fact, it costs 24% more to rent the typical home in the Detroit area than it does to buy it. That’s the biggest rent premium among the 50 most populous metro areas studied by Redfin.
Despite Detroit having the lowest home values of any metro in the country, Detroit renters still struggle with affordability. In fact, it costs 24% more to rent the typical home in the Detroit area than it does to buy it. That’s the biggest rent premium among the 50 most populous metro areas studied by Redfin
During the last months, private equity real estate investors have closed significantly fewer deals. Transactions in this space were below pre-pandemic levels during the first quarter of 2023, as reported by CoStar. Many institutional investors are sitting on the sidelines too, watching for potential price drops and opportunities related to distressed property. With so many
Hong Kong has ended its four-year reign as the most expensive city globally for expatriates — surpassed by New York which took first place, according to a new survey. ECA International’s latest “Cost of Living” research ranked 207 cities based on a basket of day-to-day goods and services commonly purchased by assignees. That includes food,
When it comes to buying a home now, there are plenty of challenges. But homeownership can be a great way to build wealth and to maintain housing stability, said Kamila Elliott, a certified financial planner and co-founder and CEO of Collective Wealth Partners, a boutique advisory firm in Atlanta. Achieving that goal now can be challenging, with
Few coastal neighborhoods in Southern California are as exclusive as Harbor Island in Newport Beach. For starters, there are just 30 homes on the small, semi-artificial island in Orange County’s Newport Bay. The island is defined by its ultrawealthy residents and bayfront setting. One example: A three-bedroom home at 11 Harbor Island Road for sale
A sign is posted in front of a home for sale on May 11, 2023 in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates fell back from their recent highs, but demand fell for the fourth straight week. Total mortgage application volume dropped 1.4% last week, compared with the previous week, according to
Unfinished buildings, abandoned part way through construction, in Wuxi, China, on Tuesday, May 16, 2023. China’s economic recovery is losing momentum after an initial burst in consumer and business activity early in the year, prompting calls for more policy stimulus to bolster growth. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images
A rare Victorian-era home―its gas-lit heyday marked by white-glove soirees―has come to market in San Diego’s Bankers Hill district. The 1889 Queen Anne-style home, with its dome-topped tower, wraparound gingerbread porch, carriage house and impeccably maintained interior is priced at $6.485 million. “This is one of San Diego’s best,” says Bruce Coons, an architecture historian
Real estate investors and developers have been concerned in recent months about the direction of rents. Rents on multifamily apartments as well as rental homes and townhomes peaked after the massive and clearly-unsustainable rates of increase of the prior two or three years, underwent a short correction, and now appear to be rising again. This
Share to Facebook Share to Twitter Share to Linkedin With the Federal Reserve’s dramatic interest rate hikes hitting the sector hard, this year’s Fintech 50 list honors only two real estate startups, down from five in 2022. Since the Federal Reserve began driving up interest rates in March 2022, the average for new 30-year fixed
A rarie estate in the Ortega Ranch neighborhood of Montecito makes the most of California’s sunny skies with wide-lens views of the Pacific Ocean that span the horizon. One of only 14 homes in the private enclave, the newly renovated home sits on about 5 acres of lushly landscaped grounds. Quiet roads, access to a
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