In this article U Follow your favorite stocksCREATE FREE ACCOUNT A new home lot shows sold as other home construction begins in a new neighborhood in Grasonville, Maryland, on January 19, 2023. Jim Watson | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open
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Not traditional yet far from modern, contemporary interior design can feel like the best of all words. Audrey Scheck of Audrey Scheck Design tells me, “While modern design refers to a specific time period, contemporary design is a more loose term designating both current and future design trends. Contemporary design evolves as interior design trends
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage application volume rose 3% compared with the previous week, according to
Forbes Global Properties The Chaffinch House occupies a grand spot in the history of Easton, Maryland. The restored Queen Anne Victorian is one of some half-dozen to still exist in the downtown historic core and a crowning example of the fanciful style that was popular in the late 1800s. Listed as a contributing structure to
Svetikd | E+ | Getty Images Have the money to buy a home? If you follow through, it may not be money well-spent. For generations, Americans have thought of homeownership as a hallmark of success. Even today, 74% of U.S. adults say owning a home is a cornerstone of the American dream — ranking higher
It’s still a seller’s market, and the combination of increased buyer demand and a shortage of housing means you’re definitely on the winning side of the law of supply and demand. In fact, you may end up with several competing offers as buyers try to outbid each other. However, it turns out that you shouldn’t
In this article BURL BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Burlington and a Bed Bath and Beyond store Getty Images Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part
Pottery Barn Teen and Pottery Barn Kids recently launched a collaboration with Rifle Paper Co that’s just the right mix of cheerful and charming. It’s what every contemporary design lover has been waiting for. Allison Spampanato, Senior Vice President of Product Design And Development for Pottery Barn Kids tells me, “Working with the team at
A house for sale, in escrow, in Laguna Woods, California. Scott Mlyn | CNBC Anyone out shopping for a home on the resale market knows the pickings are slim. They’re about to get slimmer. The number of homes for sale this month was actually 7% higher than June of last year, according to Realtor.com. But,
It’s no secret that there’s a housing shortage in the U.S. and there’s plenty of blame to go around for its myriad causes. These range from the homebuilding industry citing laws and regulations like California’s Environmental Quality Act (popularly known as CEQA), to immigration advocates pointing out a shortage of foreign construction workers exacerbating an
There are new signs of a resilient housing market and a home renovation rebirth with potentially bullish implications for three of our Club names. Shares of Stanley Black & Decker (SWK) and Caterpillar (CAT), whose tools and machinery are used in homebuilding, have been on the upswing in recent weeks. Additionally, after a lull in
Forbes Global Properties Follow the Willamette River south from Portland, Oregon, and you come to the picture-postcard community of Lake Oswego, one of the wealthiest places in the state. It’s 15 minutes from the city but feels light years away. Terry Sprague of Luxe real estate brokerage firm describes Lake Oswego as a “Hallmark city.”
A “Sold” sign outside a home in the Toll Brothers Regency Ranch at Folsom housing community in Folsom, California, US, on Tuesday, May 16, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on
Investors and owners of commercial real estate portfolios are seeking new ways to add value to their assets, particularly as economic uncertainty dominates global headlines and daily decision making. Vertical integrators—real estate operators that have historically kept all operations from property acquisition to daily management under one ownership umbrella—are now looking to outsource the property
In this article AAPL TSLA META NVDA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Inc. store in Beijing, China, on Wednesday, May 31, 2023. Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to
When marketing premium homes, real estate videos are king. From Instagram’s 30-second vertical videos that showcase properties to $40,000 estate films with storylines––moving image has become a preferred tool to engage qualified buyers. While video production is now democratized––anyone can create a short film or even a documentary on a cell phone using apps––real estate
If you know what type of asset class you want to invest in and have found an opportunity, you’ll want to put together a business plan. This can include where the property is located, how you plan to improve it, and details related to the project. Once you have formulated the business plan, you might
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Six years ago, Amazon kicked off a sweepstakes-style contest in search of where to build a second headquarters. The competition drew bids from 238 states, provinces and cities vying to be the next anchor for the nation’s dominant online retailer and second-largest private employer. This
As home inventory continues to fall in major metropolitan cities across the United States, the need for fresh housing supply has pushed a wave of new development projects, many of which are hitting the market now. Check out luxury new construction homes in four distinct markets currently available for $1 million to $4 million. Slifer
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT A folk artist paints eyes of a dragon on a dragon boat to prepare for the Dragon Boat Festival on May 27, 2023 in Dongguan, Guangdong Province of China. Vcg | Visual China Group | Getty Images This report is from today’s CNBC Daily Open,
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