Despite a challenging year of higher home prices and interest rates, a recent survey shows that many military members and veterans are optimistic about buying a home, especially those currently serving our country. Nearly three quarters of current service members (71%) plan to buy a home in the next five years, according to the survey
Real Estate
A record 25% of Redfin.com users looked to move to a different metro area in the fourth quarter as high housing costs drove relocation, according to a new report from the technology-powered real estate brokerage. That’s up from 22.1% a year earlier and around 18% before the pandemic. The people who are buying homes are
There is no shortage of media coverage on the housing industry right now. Most of it points to rising prices and the lack of affordability. Missing from most of those stories are the escalating costs and ever increasing requirements to build homes. There are hundreds of inputs into the cost of a home, including land,
Deep in the heart of Texas, a newly finished residence suffused with boreal light and featuring miles of unobstructed Texas Hill Country views has swaggered onto the Lone Star State market. Located 25 miles west of Austin, the 4,100-square foot home is sited near Dripping Springs––in 2014 named the state’s first International Dark Sky Community.
Standing at the crossroads of epic transformations–from politics and science to war and finance–Herrevad Castle is a rare example of a medieval power center once coveted by popes and kings. With remarkable influence spanning two Scandinavian countries, the 28-room castle and a manor house with six large apartments and attic rooms, was recently brought to
Billionaire Larry Ellison’s $173 million Palm Beach estate topped the list last year, along with a $100 million Malibu dream house bought by media mogul Byron Allen and a $75 million Beverly Hills mega-mansion owned by rap superstar Drake. The luxury real market in America saw many record-breaking sales in 2022, including several north of
Florida’s Melbourne Beach has been attracting out-of-towners since the late 1800s. Over the years, the barrier island town in coastal Brevard County has become a family-friendly bedroom community and vacation destination. One side of the community faces the Indian River Lagoon; the other, the Atlantic Ocean. Taking full advantage of the panoramic views is this
The median home-sale price increased 0.9% from a year earlier to $350,250 during the four weeks ending January 15, the biggest increase in a month, according to a new report from Redfin, a technology-powered real estate brokerage. Prices remain elevated because buyer activity has started to pick up as mortgage rates decline due to slowing
Each year brings new real estate undertakings that prove transformative not only for those who will inhabit them, but for the metropolitan enclaves surrounding them. These projects may be residential or commercial or – with increasing likelihood — mixed-use. They might be transit-oriented developments, adaptive reuse efforts or mega-projects that deliver diversity and improved opportunity
On June 2021 I wrote a post here titled “3 Reasons Why The Real Estate Boom Is Not A Bubble.” At the time, a lingering deficit of housing units was pushing up housing prices but the combination of low rates, healthy savings and strong income made it still quite affordable to buy a home. The
Over 80% of home buyers don’t regret purchasing their homes in the last two years, despite a tough market and making significant compromises, according to a new survey by LendingTree, an online lending marketplace. “The high satisfaction rate amid the hot market makes sense,” says LendingTree senior economist Jacob Channel. “Given the market climate, prospective
Floral pattern devotees will rejoice today with the launch of a collaboration between Pottery Barn Kids, Pottery Barn Teen, and LoveShackFancy, which is a brand that’s surely on its way to iconic status—best known for its gorgeous floral print fashion and home items. The collection features over fifty products from both brands. With a whimsical
Home prices have been through a whirlwind over the last three years, thanks mainly to the effects of the pandemic. When it first struck in 2020, home prices and rents declined just as the economy as a whole took an initial nosedive. But as time wore on and the pandemic moved into its second year,
Many trend forecasting experts predict that traditional design will be bigger than ever in 2023 and perhaps no retailer knows this better than Ballard Designs. Founded in 1983 by Helen Ballard, it began as a catalog with a two-page black-and-white brochure featuring a replica of a dolphin-accented table from the founder’s Atlanta home. This product
In his movie “Annie Hall,” Woody Allen recounts an old joke in which one woman asks another about a restaurant, and the other woman says “nobody goes there anymore; it’s too crowded.” In a similar way, some real estate investors are pausing their built-for-rent (”BFR” or “BTR”) projects, because they fear that it is about
A striking contemporary for sale in the heart of Austin, Texas’ Tarrytown neighborhood takes its design roots to another level. Built in 2003, the showplace displays the architectural expertise of Dick Clark & Associates, a local firm with a reputation for creating imaginative and inspirational spaces. Since then, the house has been remodeled by Texas
Nursery design styles have truly evolved in recent years. Today’s most lauded baby and children’s rooms are sophisticated with a style that often reflects the vibe of the rest of the home. When it comes to chic nursery design, there isn’t an interior designer whose work has taken off quite like that of Naomi Coe,
A lavish New York townhouse once owned by the late Ivana Trump is on the market for $26.5 million. Purchased for $2.5 million soon after her divorce from Donald Trump, the six-story, 8,725-square-foot home reflects Ivana’s big personality, her whimsical style and her passion for interior design with gold leaf, crystal chandeliers, pink marble and
Public awareness of the links between our homes and our health was growing before the pandemic, but it has exploded in the months and years since then. What will the many built-in wellness design improvements we’ve added in recent years do to enhance our homes’ value to prospective buyers? Which ones are builders prioritizing in
Color never stops being interesting, but right now we see a resurgence of interest. Searches for ‘how to choose a paint color’ are up 49% compared to this time last year, with 7,500 people searching for the term last month alone. Considering the rising cost of living, paint can be used as a relatively affordable
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