A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty Images After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand. The average contract interest rate for
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That was fast! TV host and child actor Drew Barrymore has found a buyer for her fabulous $8.45 million Hamptons home in less than 30 days. The film star, entrepreneur and Hollywood royal first listed her renovated Sagaponack residence on April 25. At the start of the Memorial Day holiday weekend, May 24, the home
Remember that epic house from “Home Alone”? You know, the one where Kevin McCallister fended off those bumbling burglars? Well, it’s up for grabs. The famous house from the 1990 classic film just hit the market for the first time in 12 years, with a price tag of $5.25 million. Located in the posh Chicago
Entrepreneur Grant Cardone said collecting and displaying art gives him more fulfilment than investing. Grant Cardone Multimillionaire Grant Cardone, who has been collecting art for around 15 years, says he’s a spontaneous buyer. “I don’t consider myself a connoisseur. I’m very new to the art world. If I like it, I buy it. I don’t
Hacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that are now required to find a decent place to live? If you’re looking for revenge, buy mortgage-backed securities. No, investing in these lesser-known financial instruments won’t directly cut high housing costs. But it will position
If you’ve already binged “Selling Sunset” and “Selling the OC,” you can keep calm and carry on watching Netflix’s next foray into real estate reality TV, “Buying London.” The United Kingdom–based series, premiering on Wednesday, stars real estate adviser Daniel Daggers and a team of agents from his DDRE Global real estate firm. Over the
The unknown, and deep-pocketed, buyer of Palm Beach’s only private island has been unmasked. According to people familiar with the situation, the individual who shelled out $150 million for Florida’s Tarpon Island is an Australian infrastructure investor named Michael Dorrell, as first reported by the Wall Street Journal. The sky-high sale of 10 Tarpon Isle,
Phynart Studio | E+ | Getty Images Coming up with the down payment as an aspiring homeowner can be a daunting task. Many have already begun working toward that goal. About 77% of future homebuyers have started putting money aside for a down payment, according to a new survey by Clever.com, a housing and real
A sign advertising units for rent is displayed outside of a Manhattan building on April 11, 2024 in New York City. Spencer Platt | Getty Images Driven by the new work-from-home dynamic as well as by new migration patterns, rent prices were red-hot during the first years of the pandemic for both single-family and multifamily
A new Venetian Islands, Florida property has hit the market for $26 million — and it’s not even a megamansion. The waterfront home, at 310 W. Dilido, is almost cozy at just 5,787 square feet. “The Venetian Islands aren’t known for large homes, but this one has five bedrooms and an ideal layout,” said listing
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty Images Sales of newly built homes dropped 4.7% in April compared with March, and dropped a larger 7.7% from the prior year, the
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates fell for the third straight week last week, sparking increased demand for refinances. Homebuyers, however, were not impressed. Total mortgage application volume rose 1.9% compared to the previous week, according
The city of Denver, Colorado, has undergone notable growth as skilled professionals and businesses move into the state that prides itself on 300 days of sunshine. “There’s both a homegrown component of creation happening and a real magnet effect of people looking for the quality of life they want in a city. And I don’t
One of America’s least populous states has become surprisingly popular among young adults. North Dakota is far better known for its free-roaming bison than its youth culture — and yet a recent analysis has found that it’s among the top 10 most popular states for Gen Z migration. According to a recent report by storage
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