A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The
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Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images As high home prices and interest rates push up monthly mortgage payments, it’s harder for many consumers to even get a mortgage in the first place. Last year, lenders
An Australian estate that the “Wolverine” star Hugh Jackman and his now-former wife once rented will soon be for sale for a cool $40 million. A palatial property in Woollahra, a suburb of Sydney, is set to hit the market in the near future, according to the Wentworth Courier. Among its past residents are Hugh
Former U.S. President Donald Trump appears in the courtroom with his lawyers for his civil fraud trial at New York State Supreme Court on October 03, 2023 in New York City. Seth Wenig | Getty Images Former President Donald Trump on Wednesday returned to court for the third day of his $250 million business fraud
May 22, 2011, began as a beautiful day in Joplin, Missouri. Families and friends gathered outside. Suddenly, the sky changed. Troy Bolander, who grew up in nearby Kansas, noticed the clouds beginning to swirl. He began to prepare his crawl space. Ann Leach, a life coach, was also at home. Tornado sirens blared. Ann took
Vehicles travel along a highway past commercial and residential buildings in Tokyo, Japan, on Wednesday, Feb. 8, 2023. Bloomberg | Bloomberg | Getty Images Foreign investments into Japan’s real estate sector have been flourishing in the past year, buoyed by a weak Japanese yen as the country’s central bank maintains its ultra-loose monetary policy. “It
When Brittny Drye, the founder of the LGBTQ+ wedding magazine Love Inc., was in search of a locale last year to celebrate her publication’s print debut, she knew she needed a space that would resonate with her guests. “We’re a non-traditional wedding magazine and wanted a location that matched our distinctive style,” she said. Her
Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images The average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily. Mortgage
An aerial view of construction sites and new residential developments in the Nanchuan area of Xining, Qinghai province, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property giant Evergrande surged Tuesday after it resumed trading in Hong Kong. The stock rose 20.31% after briefly touching 46 Hong Kong cents shortly after the open. Shares have been
It’s not work from home, it’s work from weird. Construction has just been completed on a $250 million project that transforms the167-year-old Domino Sugar Refinery on the Williamsburg waterfront into what has to be the city’s — if not the world’s — most unlikely, strangely enchanting venue from to which to earn a living or
Former President Donald Trump, right, sits in the courtroom at New York Supreme Court, Monday, Oct. 2, 2023, in New York. Seth Wenig | AP The $250 million civil fraud trial that could see former President Donald Trump permanently banned from doing business in New York began Monday. The trial comes a year after New
The retail leasing scene not including restaurants is such a mixed picture that it’s hard to make easy generalizations. To brokers’ and analysts’ frequent annoyance, this column is skeptical of retail data from brokerages and the Real Estate Board of New York. We don’t doubt the diligence that goes into their research. The problem is
She’s a “California Gurl,” but her “Teenage Dream” of landing this Montecito mansion is turning into a nightmare. Katy Perry, 38, and her fiancé Orlando Bloom, 46, have been entangled in a lawsuit for the past three years, with 83-year-old dying war veteran Carl Westcott, over a spacious mansion in Montecito, California they purchased for
Barstool Sports founder Dave Portnoy just snatched up a luxurious Nantucket compound for a staggering $42 million, a sum that has left even the island’s well-heeled residents in awe. This off-market deal has not only set a new record for Nantucket, but has also smashed records across Portnoy’s native Massachusetts, as property records proudly proclaim.
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