Lifestylevisuals | E+ | Getty Images Adjustable-rate mortgages are making a comeback. With interest rates surging, more buyers are turning to ARMs, which offer lower initial rates than fixed-rate loans. However, after a certain period, the rate on the ARM adjusts to reflect current market conditions. “You have double the number of borrowers out there
Real Estate
In order to seriously address climate change there will need to be major changes in the US transportation sector because it represents 29% of our total US greenhouse gas emissions. Electric cars and SUVs are widely promoted as a solution; however, that change is only climate-friendly if the grid used to charge them is dramatically
Former President Donald Trump looks on before speaking during a tour to an unfinished section of the border wall on June 30, 2021 in Pharr, Texas. Brandon Bell | Getty Images A New York judge Friday kept a contempt of court finding in place against former President Donald Trump despite new affidavits from Trump and
Ever since the pandemic housing boom, U.S. house prices have kept on climbing, leaving many potential buyers at a loss of how they could afford a place of their own in the red hot market. According to numbers published by the St. Louis Fed, median prices for U.S. houses have increased from around $323,000 at
This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight. It’s worse than that. “This isn’t just a decline in inventory,” said Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting
Continuing a recent trend for high-end properties in Dubai, a luxury residence in Jumeirah Bay Island has closed for a record-breaking number, this time for highest recorded residential price per square foot. Located in the renowned Bulgari Resort and Residences development, the three-bedroom unit sold for AED 40 million (roughly US $10.9 million), according to
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was
Topline The housing market has taken off this year as home prices continue to surge amid high inflation and ongoing supply chain issues, but some experts say prices could soon level out as mortgage rates rise and demand drops. Key Facts With the Federal Reserve gearing up to reduce its portfolio of roughly $5 trillion
Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, left, awards a $100,000 check to a veterans charity during a campaign event at the Orpheum Theater in Sioux City, Iowa, U.S., on Sunday, Jan. 31, 2016. Luke Sharrett | Bloomberg | Getty Images The check is due now, Mr.
Mother’s Day is almost here. If you’ve been searching for the best Mother’s Day Gifts, its’s impossible to go wrong with something for the home. After all, clothing is a gamble and jewelry can be pricy. So why not choose something truly special she can appreciate every day. Whether mom’s home is more traditional, contemporary
Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022. David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate services giant Cushman & Wakefield to comply with subpoenas about its appraisals of several Trump Organization properties that are being eyed in a
Christine Quinn might be best known as a cast member on Netflix’s hit show Selling Sunset, but the L.A.-based real estate maven’s latest role goes beyond traditional real estate. Quinn and her husband, Christian Dumontet, a software engineer, tech entrepreneur and investor, who sold his company Foodler to Grubhub in 2017 for $65 million (bootstrapped
Liubomyr Vorona | Istock | Getty Images Money and family – what two subjects bring up more for us? And so when a relative comes to you asking for financial help, and the two are combined, it’s only natural to feel overwhelmed. “Being solicited for money from someone you love can cause discomfort that you
For the past two decades, Alice + Olivia has been one of the biggest names in fashion and there couldn’t be a better way to celebrate this milestone than by launching a collaboration with Tempaper. “I admire Stacey Bendet’s bold and brave approach,” says Tempaper co-founder and chief creative officer, Jennifer Matthews. “Her powerhouse personality
House “sold” sign Peoria, Illinois Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in March to a seasonally adjusted, annualized rate of 5.77 million units, according to the National Association of Realtors. February’s reading was also revised downward with a larger-than-usual dent, from 6.02 million units to 5.93 million. March
As a real estate agent in 2022, social media is essential. I could speak on this topic all day long, but my advice really boils down to one key message: Generate high-quality content that delivers value to your audience. That is how you grow a following, keep the attention of potential leads, and (most importantly)
Millions of Americans are living in communities with precarious climate conditions, in houses that feel overpriced. There is a solution for many of these people, though: Move to one of the so-called climate havens. Climate havens or climate destinations are situated in places that avoid the worst effects of natural disasters and have the infrastructure
Stacie, Simba, Gleep Glop, Richard and Cookie are just some of the robots that line the floor of the manufacturing facility at Autovol in Boise. The robots were named in a contest by the children of the solutioneers who work at the 400,000-square-foot offsite construction facility. More than 200 solutioneers work there and enjoy the
In this article GOOGL Google officially opened its new mixed-use campus on New York’s Hudson River that includes a two-acre rooftop and public gathering spaces. Photo courtesy of Google As Google employees return to campus life following over two years of remote work, the company has a splashy new office for workers in New York.
For 100 years, the grand brick and limestone apartment buildings of Park Avenue, Fifth Avenue, and Central Park West telegraphed an aura of New York City power and prestige. Their beautiful marble and terrazzo lobbies whispered of privilege. Being acknowledged as worthy by the co-op boards who held sway over these properties and creating a
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