The housing market is largely being driven by a shortage of available housing inventory and … [+] extremely low-interest rates. Xinhua News Agency/Getty Images The housing market has been on fire this year with record-low mortgage rates and a sudden wave of relocations made possible by remote work. Meanwhile, home prices have continued to push
Real Estate
Rents fell the most in Midtown Manhattan. getty New York City rents have fallen farther this year than they did during the Great Recession, according to a report released today by real estate listings site StreetEasy. Manhattan rents fell 12.7%, compared to dropping 10% around the recession that started in 2008, with the median asking
Tacoma, Washington has seen home values appreciate solidly over the last year, while houses are … [+] selling very quickly, with nearly 74% of homes sold going off the market within just two weeks. getty As 2020 nears its end, one of the more interesting developments to observe was how housing markets reacted to the
Anne Hearst, a granddaughter of publishing tycoon William Randolph Hearst, and her husband, Jay … [+] McInerney, have paid about $10.726 million for a home in famed Malibu Colony. Hilton & Hyland Malibu’s one-mile beachfront stretch known as Malibu Colony has long been a bastion for Hollywood stars and business tycoons. Now, the coastal enclave
The east side of the design for the renewal of Luther George Park located in downtown Springdale, … [+] Arkansas. Rendering by Eleven Visualisation; Courtesy of Trahan Architects Spackman Mossop Michaels and Trahan Architects revealed today their design for the renewal of Luther George Park located in downtown Springdale, Arkansas. The project was commissioned by
A corner residence at Chicago’s Renelle on the River presents stunning river views from its dramatic … [+] floor-to-ceiling windows filling two walls. Belgravia Group Back in the day, moving up to the corner office was a sure sign you’d made it. Offering greater room, abundant natural light from two walls of windows and dual
Aerial shot of downtown Los Angeles (DTLA) at sunset with rolling hills of residential neighborhoods … [+] in the foreground. getty With more than two decades of experience in global real estate and development, Jonathan Nash is intimately familiar with the wants and needs of today’s luxury homebuyer. Prior to relocating to the U.S., Nash
The Constitution says states can’t impair contracts. But it’s OK to impair some contracts if there’s … [+] a good reason. RANJAN SAMARAKONE “[N]o State shall … pass any … Law impairing the Obligations of Contracts.” That prohibition appears in Article 1, Section 10, of the United States Constitution. It sounds simple, straightforward, and absolute.
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