More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and
Real Estate
Sales of luxury homes tumbled 17.8% year over year during the three months ending April 30, the largest drop since the onset of the pandemic sent shockwaves through the housing market. By comparison, sales of non-luxury homes fell 5.4%. That’s according to an analysis of luxury real estate trends from Redfin, a technology-powered real estate
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to
The Los Angeles penthouse where Johnny Depp and Amber Heard living during much of their brief marriage is on the market for $1.765 million. With all the notoriety the former couple attracted during their headline-making court case, what better time to put the love nest on the market? Though the pair were only married for
Momo Productions | Digitalvision | Getty Images If the value of your home ballooned during the pandemic, you may receive an inflated property tax assessment in the mail. There are ways, however, to combat a higher bill, experts say. Despite double-digit growth in single-family home prices, property taxes only increased by 1.8% in 2021, with
June marks the annual observation of LGBTQI+ Pride Month, a month honoring those who are lesbian, gay, bisexual, transgender, queer and intersex. To commemorate the occasion, online loan marketplace LendingTree analyzed data from the U.S. Census Bureau’s 2020 American Community Survey data to compare home prices in the states where households occupied by same-sex couples
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty
Father’s Day is almost here and if you haven’t ordered a gift for dad yet, it’s time to do it. If you’re unsure of what to buy him and he already has enough ties and shirts, you can’t go wrong with a gift for the home. Whether he’s into art, cooking, cleaning, or just everyday
“Yellowstone” has become one of the hottest shows streaming. Filmed on location in the West, much of it in Montana, the scripted drama tells the story of a modern day ranch owner John Dutton, played by Kevin Costner, and his family dynasty. The storyline is deliciously captivating, with back-stabbing and family intrigue, high stakes power
In the upscale Washington, D.C., bedroom community of Bethesda, Maryland, you don’t have to go far to find the home of a politician, a military official or a medical professional. This two-story contemporary, about 4 miles from Bethesda’s retail-oriented downtown, was the onetime residence of Jeane Kirkpatrick, the first female to serve as the U.S.
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices
The coast of Southern California is famous for many reasons—sandy beaches, a Mediterranean climate, and dramatic cliffs that meet the blue sprawl of the Pacific. What the area is not known for is ample real estate acreage. With roughly 68% of residents in the country’s most populous state living in coastal communities, competition for California
Supply constraints are driving up property prices and rents in Singapore, the chief executive officer of a real estate company said Friday. “You can see a massive gap opening up between demand and supply,” said Hari Krishnan of PropertyGuru. Singapore introduced measures to cool the property market in December 2021, but analysts told CNBC in
The most populated and third largest island in the tourist-friendly Turks and Caicos chain is Providenciales, a 38-square-mile isle known for its turquoise waters, powdery sand beaches and superb scuba diving. On its south coast is the peaceful and quiet Turtle Tail neighborhood, which occupies a narrow peninsula and takes in some of the best
valentinrussanov | E+ | Getty Images The housing market is hot right now — if you’re a seller. Buyers, on the flip side, are having a harder time finding homes. Americans are aware of the struggles they face in buying a home. More than 70% of U.S. adults believe the housing market is currently in
Home organization feels like just another trend we see on Pinterest, Instagram, and YouTube but anyone who likes to live with a bit of sanity in their life knows that having an organized home has nothing to do with getting likes on social media. It’s a true lifestyle choice. No one knows this more than
The rental market in the Hamptons is facing an unexpected chill this summer. After two years of strong demand and soaring prices, the supply of rentals in the Hamptons is surging, leading to a wave of last-minute price cuts. Median rental prices in the first quarter fell 26%, according to Jonathan Miller, CEO of Miller
Is social media still worth the investment? In the world of ultra-luxury real estate, the answer is a resounding yes, according to top agents around the world. With an estimated 3.96 billion (and growing) globally, social media has changed how we interact with one another. This is especially true in a field such as real
A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week. Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association’s
With America’s infrastructure challenges and acute housing shortage demanding solutions, is it possible standardization may provide a few of the answers? Some leading design industry observers believe so. They are convinced standardization and repeatability when combined with the ability to produce all kinds of buildings and taken to warp speed just might be game changers.
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