Real Estate

Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October, prompting a decline in bond yields. The average rate on the 30-year fixed plunged 60 basis points from 7.22% to 6.62%, according to Mortgage News Daily. That matches the record drop at the start of the Covid 19 pandemic.

Trevor Noah, host of The Daily Show, is listing his Manhattan penthouse for $12.95 million. With unobstructed views of the city and the Hudson River in the New York Hell’s Kitchen neighborhood, the three-bedroom, 3,600-square-foot duplex apartment has been beautifully updated since the comedian bought it in 2017, while retaining the historic ambience of the

It looks more like a project at NASA than a home construction site. Just outside Austin, Texas, massive machines are squeezing out 100 three- and four-bedroom homes, in the first major housing development to be 3D-printed on site. One of the nation’s largest homebuilders, Lennar, is partnering with ICON, a 3D printing company, to develop

Ridofranz | Istock | Getty Images We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible. Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. “We’re often

With its mesmerizing gardens, Stonefields is a feast for the eyes and so it should be. The 50-acre spread has been the private home and showplace of Paul Bangay, Australia’s renowned landscape designer, for nearly two decades. His private sanctuary, the estate is in the rolling foothills near the pre-Gold Rush town of Kyneton in

A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage

Collin Madden, founding partner of GEM Real Estate Partners, walks through empty office space in a building they own that is up for sale in the South Lake Union neighborhood in Seattle, Washington, May 14, 2021. Karen Ducey | Reuters A few things we know about corporate real estate: it’s a focus of cost-cutting for

What’s old is new again at Faircourt, a Tuscan-inspired villa built for a wealthy industrialist in the late 1800s in the borough of Bernardsville, New Jersey. Set on about 13 acres, the mansion in the Somerset Hills was reconfigured in 1916 to include such details as ornate woodwork, gilded ceilings and marble floors. In more

Cradled by two wildlife corridors edged with creeks, this distinctive Carpinteria estate sports a zinc roof patterned after canoes built by native Chumash that once inhabited the Carpinteria Valley, 85 miles north of Los Angeles. Set in the foothills two miles from the ocean, the four-bedroom home sits on 11-plus acres designated as an agricultural

The Federal Reserve has decided to raise the target range for the federal funds rate to 3.75% – 4%, continuing its aggressive campaign against persistent inflation. Policymakers suggested that there was more to come, but also outlined a possible rationale for slowing rate increases soon. That’s the sixth consecutive rate hike this year, pushing rates

The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The U.S. central bank has raised the benchmark short-term borrowing rate a total of six times this year, including 75 basis point increases in June, July and

Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy

Sean McVay is as much a superstar as the team he coached through this year’s Super Bowl win. At the age of just 36, having such success in the field is a record-breaking achievement. One of the NFL’s best coaches, McVay led the Los Angeles Rams out of 12 straight years of missing the postseason

Knowing what we do about the healing properties of trees makes many of us search for a woodland home. Forests are the ultimate antidote to the stressed pace of modern life. They clean the air while boosting our immune systems. The Japanese believe in shinrin-yoku, or forest bathing. Henry David Thoreau, too, believed that nature

Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April

Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ.  The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing

Years before the pandemic upended established workplace dynamics, leading property managers predicted the emergence of experiential office. Inspired by hospitality, it was a vision of tenant-first office management aimed at fostering meaningful relationships and rich experiences. The post-pandemic prevalence for hybrid work has quickly made that vision a reality. While some of the details have

Blocks of condominiums in Singapore. The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty Images SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. That’s because of

While there are signs that the overheated housing market is finally starting to cool down, home prices are still significantly higher in many parts of the country than before the pandemic. One of the side effects of these higher home prices is higher down payments. To illustrate high down payments, LendingTree analyzed data from more

Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China’s central government is not likely to spend billions to save the struggling real