With forbearance, borrowers hit pause on their monthly loan payments. Getty The Department of Housing and Urban Development recently announced that the Federal Housing Administration is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021. The moratorium is for single-family home borrowers with FHA-insured mortgages to
Real Estate
A property owner had to pay millions of dollars because he whitewashed a bunch of graffiti all over … [+] his building. The court decided the grattiti people were recognized artists. He even had to pay their attorneys fees of $2 million. This is scary, but owners can easily prevent the problem even if they
Trinity Church, the epitome of Richardsonian Romanesque architecture, anchors one end of Boston’s … [+] Copley Square. getty 25 Cottage Street in Brookline, Massachusetts, was home to one of the most influential and legendary architects in American history, Henry Hobson Richardson (1838-1886.) Along with Louis Sullivan and Frank Lloyd Wright, Richardson is one of “the recognized trinity of
Sweeping views from highrise spots are top of mind in this week’s look at luxury real estate around the world. From the mountain scenery of Valais, Switzerland, to waterway views of Hong Kong’s southern district of Tai Tam, here’s a look at what about $3.75 million buys in three luxury housing markets around the world.
getty I recently spoke with the president of Luxury Portfolio International (LPI) Mickey Alam Khan about luxury real estate market trends for 2021. LPI represents the world’s leading luxury real estate brokers and is the marketing and intelligence division of Leading Real Estate Companies of the World, the largest global network of premier locally branded
If you ask any real estate professional, they’ll tell you that an expert home inspection is one of the essential parts of acquiring a new home. Home inspections give you a feel for the property, its size and might start giving birth to ideas about how you could adjust the living space to your taste.
From choice interpretations of red carpet gowns to a new sustainable clothing line, Allen Schwartz and his ABS label have for years left an indelible mark on the fashion world. Now, the designer is ready to leave his mark on the Los Angeles housing market, where his longtime home in Brentwood is for sale at
Eric Wu, cofounder and CEO of Opendoor, pictured at a conference in 2018. (Photo by David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP The SPAC boom—a money faucet for Wall Street, and a big potential hazard for retail investors—has minted another winner on the inside of a deal. Eric Wu, cofounder and CEO of Opendoor,
Crossprairie will be a master-planned community in Osceola County, consisting of 5,000 homes and … [+] more than two million square feet of commercial space. BTI Partners With young families and professionals increasingly priced out of the Orlando residential market, there’s a place not far away poised for exponential growth. That setting is Osceola County,
Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the
Some communities serve as the ideal places to spend evenings stargazing with family and friends. getty This holiday season, there’s something to look forward to seeing in the sky aside from a red-nosed reindeer pulling a sleigh. On December 21, Jupiter and Saturn will form a rare alignment creating what looks like a double planet.
Truckee’s Donner Lake under the snow in winter. getty Embedded in the heart of Truckee, Calif., is a laid-back, ski resort town. But with a recent surge of new residents seeking a more placid lifestyle, the mountain community has grown a quiet sophistication, with newly-opened restaurants, a budding art scene and boutique shopping — all
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
Real estate professionals usually approach their job from a traditional perspective. But technology hasn’t left the industry behind, and coming to terms with how tech has impacted business is now a requirement. Property technology, or proptech, is advancing at a fair pace. With many real estate professionals now competing with online agencies and individual sellers
This wellness-inspired showcase home in Malibu exists only online. Seasonal Living (c) Covid has impacted the residential design, remodeling and real estate worlds in ways that are likely to endure long after this scourge is eradicated. Everyone, from home buyers to home builders and the home design industry that supports them, wants to be better
Music aficionados would be hard pressed to find a more historically relevant spot for living the high life in New York City than the apartment once occupied by renowned composer, conductor and pianist Leonard Bernstein. Set within less than two miles of both Lincoln Center and Carnegie Hall, the two-story trophy property is perched atop
A striking contemporary home, the sculptural construction is oriented towards distant views. Bernard Andre for Sotheby’s International Realty Incorporated in 1964, Portola Valley, California began as an affordable location for artists and progressive academics looking for close proximity to Stanford and Palo Alto. Today, Portola Valley maintains its simple charm, but is consistently listed among
From modern farmhouse style to white kitchens: here are the interior design trends going out of … [+] style in 2021. getty 2020 was a defining year for everything but especially the collective relationship we all have with our homes. Shutdowns due to the pandemic left many of us scrambling to create home offices, homeschooling
The one-of-a-kind setting in California was designed to evoke Europe. Hilton & Hyland Get your bids ready. After two years on the market, America’s most expensive home, Villa Firenze, will be going to auction on January 26 with no reserve and no minimum bid. Currently listed for $160 million, the estate in Beverly Hills, California
The town of La Jolla within the city of San Diego, California, sitting on rocky cliffs along the … [+] Pacific Ocean. getty Since the early onset of the coronavirus pandemic, homebuyers have moved fast and furiously through the limited inventory available in California’s most desirable pockets. The La Jolla real estate market was among
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