This home sweet home has looks that kill, but it’s yet to kickstart the hearts of any buyers. Tommy Lee, the Mötley Crüe drummer and ex-husband of Pamela Anderson, is once more attempting to offload his suburban Los Angeles hideaway. Lee — who turned 60 on Monday — purchased the roughly 10,000-square-foot digs for $5.85
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Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing more expensive for anyone needing
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn. Dan Kitwood | Getty Images LONDON — There are growing fears of a housing market crash in the U.K., after a swathe of tax cuts announced by
Voters in Chile rejected a new socially progressive constitution in a special election. The proposal was voted down by 62% of voters, according to Chile Electoral Service. Some are saying Chile rejected communism. Others say it was wokism they rejected. We discuss what it is that they rejected and why. 💰 moomoo Open and Deposit
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Mortgage demand for home purchases has now fallen 10 out of the last 13 weeks according to the data from the Mortgage Bankers Association (MBA). This is likely due to a fallout in demand from spiking mortgage rates and the resulting affordability pressures. The average monthly mortgage payment has increased from one year ago by
Mortgage interest rates have spiked to nearly 7% and this is causing home buyers as well as home sellers to back off. According to Redfin, due to mortgage rates surging “the typical homebuyer’s monthly mortgage payment has climbed $337 (15%) over the past six weeks.” Meanwhile, pending home sales dipped to the lowest levels since
A multi-tiered sundeck connects the main house on the right to a poolside structure on the left both overlook a 75-foot lap pool. Nate Polta A modern residence just outside of Denver listed Monday for $28,888,888, which makes it the most expensive home for sale in the metro area. According to co-listing agent Jared Blank,
Legendary photographer Annie Leibovitz is back in the real estate game. She recently bought a stunning far West Village condo for $6.5 million, according to city property records. The two-bedroom, 2½-bath unit is at Cary Tamarkin’s 495 West St. and comes with Hudson River views. It originally asked $10.5 million in 2019. The 3,153-square-foot residence boasts large
Hurricane Ian is shaping up to be the costliest Florida hurricane since Andrew in 1992. Wind and storm surge damage in the state are estimated between $28 billion and $47 billion dollars, according to a Sept. 29 estimate from CoreLogic. With that level of destruction, property owners are advised to make any claims to insurance
Daniel Acker | Bloomberg | Getty Images With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients. Year-over-year inflation eased a bit in August to 8.3% from 8.5% in July, but it remains
What Putin and China are planning will change everything and the western powers are going to be left with peanuts if they don’t change course fast. The Total trade between China and Russia jumped 35.9% in 2021 last year to a record US$147.9 billion. Thanks to Callinex Mines for sponsoring today’s video. To learn more
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