This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized rate of 4.07 million units, the National Association of
Month: February 2024
Some insurance companies are pulling back coverage from fire- and flood-prone areas, leaving homeowners with limited affordable options. This trend may even affect the property value of American homes, experts say. The nation’s largest homeowner’s insurance company, State Farm, stopped accepting new applications for policies on property in California in May. Allstate announced in November
The Upper West Side luxury rental apartment tower known as Aire was quietly sold to the well-established Gotham Organization and Carlyle Group, Realty Check has learned – affirming new energy in the investment-sale market for multifamily properties. The 43-story, 310-unit building at 200 W. 67th St. behind Lincoln Center fetched a healthy $265 million in a
Sometimes, even the fanciest Manhattan apartments get no respect. Just peek inside 1 E. 62nd St., an excellent Upper East Side building steps from Central Park. The palatial penthouse — done up in a boldly Baroque polish as unblushing as Marie Antoinette — was the home of Joan Rivers. The late comedienne maintained until her
Notorious gangster Al Capone’s former Florida address is up for sale. The Palm Island plot was long home to the Chicago crime boss, but despite much protest, the mansion — specifically, the mansion where Capone died — was demolished last summer, Mansion Global first reported. Now the 30,000-square-foot lot sits empty among the guard-gated area’s
In this article MAA AVB CPT JBGS EQR Follow your favorite stocksCREATE FREE ACCOUNT A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy of the equation. So they can charge whatever the
Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth. That’s according
If these walls could talk, they’d keep it bottled up. A one-of-a-kind Arizona property built from glass bottles — doubling as a work of art — has hit the market for $432,500. The Tucson home dates back to the 1960s, when a couple named Theodore and Meletis Bryson, inspired by the ruins of ancient human
Sneksy | E+ | Getty Images Rent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent. Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new America’s Rental Housing report by
In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over
Recep-bg | E+ | Getty Images Rent costs are beginning come down after record-high asking prices. “Rental markets are cooling, but in a lot of places, it doesn’t mean they’re falling. It means they’re growing at a slower pace,” said Whitney Airgood-Obrycki, senior research associate focused on affordable housing at the Joint Center for Housing
The mansion featured in the wildly popular 2023 thriller “Saltburn” is not a soundstage. It’s real, and it’s been around since the 14th century. The namesake and main shooting location of director Emerald Fennell’s satire of the rich is in fact a historic estate known as Drayton Hall, located in Northamptonshire. And while producers added
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