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
Real Estate
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,
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
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
Filmmaker Baz Luhrmann has once again put his Manhattan townhouse on the market, this time with its lowest price yet. The Aussie — known for such films as 1996’s “Romeo + Juliet,” 2001’s “Moulin Rouge” and 2013’s “The Great Gatsby” — has been trying to sell the 38-foot-wide Gramercy residence since 2022, when he listed
Ever wonder what a building would look like hanging over Manhattan — because it drapes down over the city from outer space? An architecture firm has formally drafted renderings for the unusual concept. The firm Clouds Architecture Office has fully imagined a particularly pie-in-the-sky development plan, namely to hang a skyscraper upside-down from an asteroid
Manhattan’s retail scene is such a mixed bag as to defy generalization. The Real Estate Board of NY reports fewer available storefronts than last year and rising rents, but overall, conditions are all over the map. For example, Soho and Upper Madison Avenue are strong while Broadway on the Upper West Side resembles a wasteland of
The market tides are beginning to turn against home sellers, especially in two US states that saw a number of people flocking there during the COVID-19 years. Those looking to purchase property in parts of Texas and Florida are at last in luck. The residential market is finally beginning to cool as recently constructed homes
Off the southern coast of mainland England, floating in the Solent straight about a mile from the Isle of Wight, two eye-catching former military forts are drifting to auction. Known as the Solent forts, the circular granite islands were constructed in the 1860s to defend the city of Portsmouth from the French and have, more
These Manhattan homes share a secret: Behind them are two of New York City’s most stunning urban oases that only a privileged few can access. But now, it’s slightly easier to get in — for the right price. In Turtle Bay and Greenwich Village, two townhouses currently for sale offer access to hidden gardens that offer
The creator of “Glee” and “American Horror Story” has a new project out: This revamped California home. A historic Los Angeles property designed by legendary modernist architect Richard Neutra, and one newly restored by the famed TV producer Ryan Murphy, has hit the market for $33.9 million, the Wall Street Journal first reported. Murphy, 58,
A colorful, eclectic and luxurious Miami Beach dwelling that was assembled and previously owned by art curator Ximena Caminos — the former partner of Argentine hotelier and real estate developer Alan Faena — has sold for $7.7 million. The home was asking $8.5 million last year, as Gimme Shelter previously reported. Caminos bought the home
In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it another way in which the 2024 election is anything but typical. With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as
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