An “Open House” flag is seen in front of a home for sale in Alhambra, California, on Jan. 18, 2024. Frederic J. Brown | AFP | Getty Images Mortgage rates rose again last week, pulling demand from both the refinance and purchase markets. Total mortgage application volume dropped 10.8% compared to the previous week, according
Month: November 2024
It’s a fashionable buy — and a purchase so large, it’s making waves across the pond. Bloomberg reports that the American billionaire fashion designer Tom Ford has shelled out $104 million for a mansion in London, marking the most expensive deal for a home in the United Kingdom this year. Not much is known about
In this article PHM DHI LEN Follow your favorite stocksCREATE FREE ACCOUNT Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images President-elect Donald Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are
Period red-brick home rooftops in a suburb overlooking London’s financial district. Oversnap | E+ | Getty Images LONDON — Britons are facing the prospect of higher mortgage rates for longer after the government’s tax-and-spend budget threw off expectations for a series of near-term interest rate cuts. The Bank of England is widely expected to cut
On the Upper East Side, a $50 million penthouse atop the newly revamped Surrey hotel is set to make its debut. The 5,200-square-foot duplex listing is the priciest residence in the Surrey, a nearly century-old building with a history as storied as its architecture, according to the Wall Street Journal. This coveted address on East
Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high of 38 years old — three years older than in July 2023, according to the National Association of Realtors’ 2024 Profile of Home Buyers and Sellers report. This summer, NAR polled 5,390 buyers
This 31.8-acre Connecticut estate comes with a grand A-list history — and now it’s in the hands of some new owners. Golden Globe-winning actor Richard Gere has just sold the New Canaan property he purchased two years ago from multi-Grammy-winning singer and songwriter Paul Simon, reports the New Canaan Advertiser. The deal appears to have
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap
The biggest relocation lease of October was private equity powerhouse TPG’s move to eight high floors in Tishman Speyer’s Spiral, aka 66 Hudson Boulevard. Its 301,276 square feet was runner-up in size only to Bloomberg’s 749,000 square feet at 919 Third Ave. that was mostly expansion space at the same location. TPG will move from 888
milan2099 | E+ | Getty Images When it comes to retirement, we all want to have the most income possible. But exactly how to achieve that goal is confounding question for most people. In her new book, “How to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirement,” Christine Benz, director of personal finance
A three-bedroom condo in Dayton, OH, that beckons buyers to flex their “HGTV designer muscle,” despite looking more like a property from an episode of A&E’s “Hoarders,” is the week’s most popular home on Realtor.com®. If you can see past the horrifying piles of personal belongings, baskets of laundry, and stained carpeting, the listing notes
Miami’s tony Star Island, a private enclave that’s long attracted A-listers, has a hot new and currently the only listing: the former waterfront estate of Rosie O’Donnell, now on the market for a jaw-dropping $54 million. O’Donnell, who snapped up the property in 1999 for just $6.75 million, later sold it in 2003 to Dr.
The new owner of the home where Matthew Perry died will not remove a “Batman” logo the actor installed in the pool. The Pacific Palisades house sold almost exactly one year after Perry died at the property on Oct. 28, 2023, fetching $8.5 million in an off-market deal, according to the New York Times. In an