More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record, according to real estate firm Redfin. Newly built homes have taken up an increasing portion of housing inventory over the last 10 years, with a major acceleration in
Real Estate
lvcandy | DigitalVision Vectors | Getty Images Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped $85 million, the
The 2022 Kitchen & Bath Industry Show will return to Orlando on February 8, after going virtual last year. Given the links between home and health spotlighted by the pandemic – especially for these two crucial living spaces – wellness design will be a hot topic in its 450 exhibitor booths, educational programs and the
The Federal Reserve laid the groundwork for interest rate hikes Wednesday. At the conclusion of its two-day meeting, the central bank said it will aggressively unwind last year’s bond buying after a variety of inflation reports reached their highest levels in decades. Although interest rates will stay near zero for now, Fed officials set the stage
San Miguel de Allende’s vibrant culture and colonial architecture continue to attract retirees from the United States. Recently, however, more young families have chosen to call the charming city home in 2022. San Miguel de Allende is located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato.
Next to Netflix, home renovation may have been the biggest stay-at-home play of the pandemic. From new home offices to expanded decks to basement gyms, homeowners have been upgrading and expanding their spaces at record rates for the past two years. That trend appears to be slowing down. After big projected jumps in the first
If you’ve never equated Las Vegas with equestrian estates, well, then think again. This centrally located property sits at the base of Lone Mountain, about eight miles from Summerlin, Nevada. The more than 8,000-square-foot Hacienda-style luxury home occupies more than two acres along with pastures, a shock-absorbing riding ring secured with steel board fencing and
Anna Mascall pictured in front of the Easton, Pa., home she recently purchased. “To be able to say I own a home, I kind of did the American dream,” she said. Courtesy: Anna Lee Mascall After years of renting, Anna Mascall, 30, decided she wanted to buy her own home. Then the Covid-19 pandemic hit,
As home buyers continue to show an appetite for new construction in markets all across California, large plots of land capable of developing luxury estates in cities like Los Angeles, Santa Barbara and La Jolla have perhaps never been more valuable. Although rare, such sites occasionally hit the market, giving moguls and other deep-pocketed buyers
Citigroup is offering its vision for the future of flexible work with the release of new plans to transform its London headquarters. The Wall Street bank is to overhaul its iconic Canary Wharf Citi Tower — home to its U.K., Europe and Middle East operations — in a major bet on the continued relevance of
A feeling of isolation can be a rare luxury in burgeoning Dubai in the United Arab Emirates. So the architects of Sea Mirror on Jumeirah Bay Island set about to create the sensation of seclusion in designing an offering of waterfront mansions that open to unobstructed views of the city skyline and the sea. Jacobsen
Buyers head into an open house in Waldorf, Maryland. Lisa Rizzolo | CNBC The nation’s housing market has never been this tight, which is frustrating enough for house hunters, but now they have another problem. Mortgage rates, which have hovered around record lows since the start of the pandemic, are now rising. It’s what one
One of the most pressing real estate (and social) issues today is the shortage of affordable housing. “Due to housing production lagging demand over many years, housing affordability is a growing challenge for moderate and lower income households throughout the U.S.,” observes Christopher Ptomey, Executive Director of the Urban Land Institute’s Terwilliger Center for Housing. Fortunately, one
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday signaled a broad crackdown on hidden and excessive fees charged by banks, mortgage lenders and other financial entities. The federal agency, created in the wake of the 2008 financial crisis, is seeking consumers’ input
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
Demand for office space is likely to rebound from depressed Covid pandemic levels long before retail properties, property billionaire Sam Zell told CNBC on Tuesday. “Everything between the top mall and the corner grocery anchor mall … [there’s] a serious question as to its viability,” Zell said in a “Squawk Box” interview. “I think retail
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
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
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
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
- « Previous Page
- 1
- …
- 48
- 49
- 50
- 51
- 52
- …
- 72
- Next Page »