The holiday season is here and if you’re looking for stocking stuffers, why not consider a gift for the home? Home and decor gifts are not only meaningful, you can find unique items that easily fit in a stocking. Whether you need to give a gift to a best friend, coworker, spouse, or someone else
Real Estate
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
Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applications also down 46% over the same period. It comes off the back of rapidly rising rates, which have made mortgages hundreds of dollars more expensive for the average buyer on a monthly basis. The trend is likely to
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
Key Takeaways Housing sales have fallen for the ninth consecutive month, with transactions down 28.4% compared to this time last year. Average prices have also come down, hitting $379,100 compared to $413,800 in June. It comes as mortgage rates continue to rise rapidly, hovering around 7% from below 3% at the end of 2021. For
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
A holiday gift should always feel like a luxury. While it is better to give than receive, a gift is only a true gift when it’s something someone wouldn’t buy for themselves. Fortunately, when it comes to gifts for the home, you don’t need to spend more than $100 to give something that feels truly
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
In this article BTC.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT The logo of FTX is seen on a flag at the entrance of the FTX Arena in Miami, Florida, November 12, 2022. Marco Bello | Reuters Corporate funds were used to purchase homes in the Bahamas and “personal items” in the name of employees
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
The holiday season is officially here and pretty soon yards will be filled with dizzying lights and giant Santas. Interiors will be decorated with kitschy pillows, Elves On A Shelf, and trees with ornaments from so many eras that decorating can also be a history lesson. But what if none of this reflects your personal
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
Topline New housing starts fell again in October to the lowest level in more than two years, as higher mortgage rates continue to batter home builder sentiment—prompting experts to warn a recovery still seems unlikely over the next year and that a dearth of construction could lead to another housing shortage. Key Facts The number
A “Now Leasing” sign is displayed in front of an apartment complex in Washington, DC, on January 24, 2022. Stefani Reynolds | AFP | Getty Images The red-hot rental market is finally starting to cool off along with the rest of housing. Rents are still higher than they were a year ago, but the gains
Every property owner needs insurance coverage that properly reflects the specifics of their particular property or development project. Insurance agents sell that insurance. They often also help the property owner determine what insurance makes sense. Agents typically know what they are doing, so owners typically rely on them. What happens, though, if the agent gets
In this article HD LOW Follow your favorite stocksCREATE FREE ACCOUNT A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling
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