Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None
The San Francisco Bay Area housing market has always been notoriously expensive and in high-demand. … [+] But have successive rate hikes caused the housing market to finally cool off?getty The San Francisco Bay Area is well-known for its high cost of living and, more specifically, how expensive home prices are. This isn’t a new
A grey shingle cottage sits on a dune overlooking a sandy beach in the Hamptons, Long Island, New … [+] York, September 1984. (Photo by Susan Wood/Getty Images)Getty Images High net-worth individuals are increasingly seeking smaller properties for investment. Younger millionaires want properties less likely to be impacted in the decades ahead by extreme weather
Situated on the waterfront, the structure takes in views of the city, sea and canal. Driven Properties Spring boarding off the success of the first Mr.C-branded residences built next to the family’s flagship hotel in Beverly Hills, California, moguls Ignazio and Maggio Cipriani have expanded their sights (and their sites) to include such locales as
The Steven Bochco Estate is set on a double lot with nearly 1.4 acres. Courtesy of Compass A Los Angeles estate that has housed two Hollywood heavyweights is on the market for $35 million. Located in the affluent Pacific Palisades neighborhood north of Santa Monica, the estate once belonged to the late TV writer and
Renters in Chicago could save $8,916 per year if they downsized their living space. getty With the real estate market not going the way many prospective home buyers had hoped and mortgage rates rising much faster than expected, a recent RentCafe survey sees a light at the end of the tunnel. Downsizing by just one
Sellers are finally lowering their asking prices as real estate demand falls. Getty Images More and more, home sellers are giving in to the mounting pressure on affordability posed by June’s rapid mortgage rate hike, according to a new report from Redfin, a technology-powered real estate brokerage. The median asking price of newly-listed homes for
On Oct. 2, 2021, authorities found Miya Marcano’s body near her apartment building. Miya’s law was … [+] passed to bolster tenant safety after Marcano was killed by a maintenance worker who entered her apartment using a key fob. (Orange County Sherriff via AP) ASSOCIATED PRESS As of July 1, 2022, residential tenant safety in
The property encompasses nearly 11,000 square feet of luxury living space. VHT Studios A sprawling mansion in Orlando, Florida with Disney-themed amenities and decor has come on the market for just under $15 million. The property is in the guard-gated Carolwood neighborhood of Golden Oak at Walt Disney World Resort, a few minutes away from
On the grounds are a swimming pool, small pool house, multiple storage buildings and fenced … [+] pastures. Douglas Elliman Realty The former home in rural Casitas Springs, California of country music icon Johnny Cash is hitting the market for $1.795 million. Cash often sang about the hills, flowers and wide-open spaces, and he lived
Barns are the inspiration, and sometimes repurposed structures, for Barndo style. Brian Corrigan Photography © Houzz Leading design and remodeling platform Houzz published its 2022 Summer Survey today and it’s chock full of wellness-related design trends. The survey measures searches on its massive site in the first quarter of 2022, with comparisons to the same
West Hollywood’s Famed Design District Visit West Hollywood Whether you live in California or are just visiting, West Hollywood is one of the best neighborhoods to shop for home furnishings. Known to locals as WEHO, this area is frequented by some of the top interior designers visiting the many showrooms at the world-famous Pacific Design…