Knock, a digital homeownership platform, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for Millennials, while Miami is the best market for Gen X, and Pittsburgh tops the list for Baby Boomers. Austin and Knoxville, Tennessee, are the only metros to make two lists. Sean
Real Estate
Pioneer Woman Ree Drummond is a multi-faceted talent known not just for her hit Food Network television show, but also for her magazine and cookware collection with Walmart. While fans of hers have welcomed Drummond’s signature bright floral patterned products into their kitchens since 2015, they can now incorporate the same look into other rooms
The process of selling a property is a stressful one for most homeowners, but it’s especially true for property owners in the world’s most exclusive markets. At the top of the market, in the most desirable areas, it can be extremely difficult to find comparable prices, making the traditional sale process an unpredictable one. Because
Wallpaper has, through time, been considered the height of chic and the object of scorn and revulsion. Think of the early piece of feminist literature, The Yellow Wallpaper, published by Charlotte Perkins Gilman in 1892, in which wallpaper triggers hallucinations and madness. Or consider the wallpaper designs of English mid-19th century designer and social reformer William Morris:
The tagline “What happens in Vegas, stays in Vegas” has become recognizable worldwide since it was introduced nearly two decades ago by the convention and visitors bureau. But it fails to acknowledge that not everyone who comes to Vegas, stays in Vegas itself. When Kiss co-founder Gene Simmons was shopping for a second home in
The kitchen might be the heart of the home, but the bedroom is where we probably spend the most time, hopefully at least eight hours a day. While so much emphasis has been placed on home offices and outdoor space due to the pandemic, it might be surprising that a major bedroom refresh would probably
Foreign investment, COVID relocations and tax incentives are shaping the luxury real estate markets of New Zealand, Las Vegas and the Bahamas. Forbes Global Properties CEO Alex Lange looks at what is fueling housing demand in these diverse locales and offers his insights for the year ahead. New Zealand has one of the most highly
There is no shortage of scenic beauty to be found along the coast of the island of Maui. For roughly 120 miles, shores of white, black and red sand beaches run into the powerful waters of the Pacific—some public, some sacred, but all intensely sublime. There’s the western coast with its famed resorts, the eastern
Every community has that one residence for sale that establishes the listing price high bar. In the Las Vegas area, the spot of honor goes to a Henderson mansion priced at $32.5 million. But the modern estate also sets another standard. Built in 2017 for the founder of a tech automation company, the soaring 14,207-square-foot
Mastercard reports in spite of hurdles from supply chain disruptions and a Covid-19 resurgence, retail sales were up 8.5% between November 1 and December 24, vis-à-vis the year before. But once holiday season concluded, another kind of work commenced. A robust holiday shopping season resulted in retailers being inundated with returns and exchanges. In the
Workers install roofing on an apartment complex under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images Builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage rates are rushing higher, and last week that caused a major divergence in mortgage demand. Refinancing continued to dry up, but homebuyers appear to be rushing into the
Potential home buyers walk past an ‘Open House’ sign displayed in the front yard of a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage hit 3.7% Tuesday morning, according to Mortgage News Daily. That is the highest since early April 2020
Jobless claims took an unexpected turn higher last week in a potential sign that the wintertime omicron surge was hitting the employment picture. Initial filings for the week ended Jan. 15 totaled 286,000, well above the Dow Jones estimate of 225,000 and a substantial gain from the previous week’s 231,000. The total was the highest
There’s a “big risk” of real estate companies filing for insolvency when interest rates rise, according to a partner at consulting firm Kearney. Nils Kuhlwein pointed out that the global financial crisis of 2008 started with a real estate and housing price bubble and mortgage defaults in the United States. “What we are now seeing
In this article BKI jayk7 | Moment | Getty Images The number of borrowers who could benefit from a mortgage refinance just dropped dramatically thanks to fast-rising interest rates. The average rate on the 30-year fixed loan has jumped more than 50 basis points since the start of this year, cutting the number of refinance
A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago. Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was
The past year may have been a wild ride for potential homebuyers, but reports indicate that the housing market in 2022 could be even more competitive. New listings are currently at a record low, according to Redfin and Zillow. In fact, at the end of 2021, there were 19.5% fewer homes listed than at the
In this article ABNB Airbnb co-founder and CEO Brian Chesky told CNBC on Friday that a post-Covid pandemic future of flexible living and working arrangements will be a boon to the company. Chesky, who is on a nationwide tour of Airbnb stays in an effort to “improve the experience” for customers, said he expects sustained
People love their pets. While fresh-cooked pet food and high-tech squeaky toys are gaining notice, designers and experts say in the age of COVID-19 and with more time at home, a growing segment of the nation’s animal lovers are building for the love of a pet. Johnathan Lower, a real estate agent with Berkshire Hathaway
“If I hadn’t found Audley Square, we wouldn’t be sitting here having this conversation,” said John Caudwell, speaking from his home in Staffordshire, England, about his nearly decade-long search for the site of his next major project. Caudwell, who sold his company Phones 4u for an estimated $2.8 billion in 2006, has launched a luxury real
The striking blue waters edging Camp de Mar, on the Spanish island of Mallorca, have a mesmerizing quality. The quiet resort village is known for its sun, sand, beaches and sheltered coves. It’s also a celebrity and glitterati hotspot. This modern two-house compound is set on the water with direct access to the Balearic Sea.
Fairbanks Ranch carries a certain cachet – and it should. The exclusive Southern California community takes its name from swashbuckling silent film star Douglas Fairbanks, who carved a place in 1920s movie history playing such characters as Zorro and Robin Hood. The athletic actor once owned more than 3,000 acres of land in the San
Ultimate synergy is on display in the Arizona desert as Dale Chihuly marries his glass sculptures to nature and architecture at Phoenix’s Desert Botanical Garden and in Scottsdale at Frank Lloyd Wright’s Taliesin West. Open to the public now through June 19, 2022, Chihuly in The Desert showcases a remarkable confluence of American art and architecture set
Though a white Christmas might be on some folks’ wish lists this year, it’s certainly not on everyone’s. While some may be willing to pay a premium to live in an area sure to get plenty of snow each year, others might be willing to pay a similar premium for none. To determine how expensive
CoreLogic, a real estate data analytics provider, today released its Home Price Index report, highlighting October 2021 data. U.S. annual home price growth remained strong at 18% in October, the highest recorded in the 45-year history of the index. Nonetheless, monthly price growth has slowed from its April peak and signals a moderation in price growth that the
While border closures resulting from COVID have slowed Australian property sales to international buyers, experts predict that the luxury market may perk up in 2022 as travel restrictions relax and ex-pats return to the country. As travel restrictions ease, the appetite for prime properties such as the units at the waterfront … [+] Bennelong Apartments
Private islands have long attracted the ultra-rich, especially in the Bahamas. And one of the latest private islands sure to turn the heads of billionaires is Little Pipe Cay in The Exumas, Bahamas. First listed in 2018 for $85 million, the 40-acre private island is back on the market for $100 million. Listing agents Fredrik
This pied-a-terre looks like it was designed as a modern-day setting for “One Thousand and One Nights.” Except it’s not set in the Middle East, but on the first residential floor of an 18th century building in Paris’ St. Germain des Pres quarter. The “Arabian Nights”-inspired apartment has a roomy feel with 4-meter-tall, or 13-foot,
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