The dark woods, sumptuous furnishings and rarified air of private social clubs have long remained the exclusive preserve of the moneyed few. The clubs serve as a retreat from the public, a place where the well-heeled can relax among their own, ensconced safely behind walls separating them from the of banal existence of the workaday
Real Estate
Metro Atlanta is on a hot streak. More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that’s about a 50% increase from 20 years ago. “It’s a huge increase in population,” said Dan Immergluck, a professor of urban studies at Georgia State University. “That has taxed
This New Mexico adobe house surrounded by national forest, pine trees and rock outcroppings takes in awe-inspiring mountain views during daylight. Once darkness settles, a field of city lights comes to life in the basin below. It’s a 24/7 feast for the eyes. Set in a gated Santa Fe neighborhood of large estates, the mansion’s
According to the National Travel and Tourism Office at the United States Department of Commerce, Mexico is by far America’s favorite travel destination. A study completed in 2020 showed that 39.3 million Americans visited their neighbor to the south compared to the second-most popular destination, Canada, which was seen by 15 million U.S. residents. With
Housing under construction in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Home sales have dropped for nine straight months, driven by surging mortgage rates, and now investors are pulling back even more than traditional homebuyers. Investor home purchases dropped just over 30% in the third quarter of this
Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million). The couple’s Tang Dynasty Treasure offered to buy the rest of Chip Eng Seng for S$0.72 a share, according to regulatory filings on Thursday.
Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most sensitive to weekly rate moves, rose 2% for the week but were still 86% lower than the same week one year
A beautifully designed kitchen is essential for several reasons. Primarily, it is the space where we spend the most amount of time with family, cooking, eating, or even working. It’s also important to keep in mind that the right kitchen can add to the resale value of a home. While all-white and farmhouse-style kitchens have
Germany’s central bank is predicting a slowdown but no significant correction in the country’s property market despite warnings of overvaluation, according to a report published Thursday. Claudia Buch, vice president of the Bundesbank, told CNBC’s Joumanna Bercetche: “We do see a slowdown in the price growth for residential real estate, but it’s not that the
As technology has evolved, the resident experience within multifamily communities has concomitantly grown ever more convenient, health-enhancing and efficient. Technology-infused amenities and interactive package and delivery rooms, as well as HoT, or Home of Things — among other technology breakthroughs — all herald greater comfort and satisfaction for apartment and condominium residents in 2023 and
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parking systems. The high-tech spots are a rare amenity in the Big Apple, and if you want your car to occupy one of these VIP spaces
Litigation between disgruntled partners or disgruntled members of a limited liability company often turns very nasty—and very expensive—very fast. Once the litigation is resolved, the victor has probably spent far more on legal fees than it ever expected to. Regardless, it will typically want to recover those fees from the loser. That’s not always so
Ninety percent of counties across the U.S. have experienced a flood, wildfire, hurricane or other federally declared climate disaster between 2011 and 2021, according to a report published Wednesday that calls for urgent investment in climate adaptation and hazard mitigation. During that same period, 29 states on average endured at least one federally declared disaster, according
Famously known as “the city that never sleeps,” New York City brims with folks who burn the candle at both ends. For many, morning time coffees and evening tide cocktails are the fuels that keep them going. That could be why luxury buildings with the best coffee shops and cocktail bars tend to grab an
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future Publishing | Getty Images BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this month in stocks of major
The popularity of QR codes have seen many ups and downs over the course of its almost 30-year existence, but with the need for contact-less menus and transactions during the pandemic, barcode technology is coming back in a big way. From 2018-2020, QR code usage has increased by 96% and many of the top real
Home sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines. Sales of previously owned homes dropped 5.9% from September to October, according to the National Association of Realtors. That is the slowest pace since December 2011, with the exception of a very brief
Seated around their kitchen island, Barron N. Hilton and Tessa Hilton pop corks on stylish bottles of Casa Del Sol Tequila. The Sherman Oaks, California, couple are investors in the brand, used to enliven estate events they produce. First up: Blanco, with its hints of mint, spice and caramel; Reposado, offering up raisin, honey and
Peathegee Inc It’s no secret that it’s a tough market for prospective home buyers. In October, U.S. buyers needed to earn $107,281 to afford the median monthly mortgage payment of $2,682 for a “typical home,” Redfin reported this week. That’s 45.6% higher than the $73,668 yearly income needed to cover the median mortgage payment 12
New York’s residential real estate market continues to cool. Most properties sell today between 10% and 20% below what they commanded at the height of the market in 2015 or 2016. Given that interest rates have almost certainly not yet peaked and that inflation remains persistent despite the tightening of the money supply, 2023 looks
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