Catherine Delahaye | Getty Taking a loan against your 401(k) savings is generally a bad idea — but using the money as a short-term “bridge loan” may be an exception, according to Blair duQuesnay, a certified financial planner based in New Orleans. “I’ve always been very anti-401(k) loan,” duQuesnay said. “However, I have found there
Real Estate
The owner of a building in the New York suburbs (let’s call it the Julex Tower) opened negotiations with a possible buyer. As is customary, the owner and possible seller asked the possible buyer to sign a confidentiality agreement, agreeing not to share information about Julex Tower or the possible sale. Like most other confidentiality
Commuters make their way along a street amid smoggy and foggy conditions early in the morning in Lahore on January 3, 2023. Arif Ali | AFP | Getty Images About 90% of the global population in 2022 experienced unhealthy air quality, and only six countries met the World Health Organization’s recommendations of safe air pollutant
Billionaire Lance Gokongwei is spending 73.6 billion pesos ($1.3 billion) this year to ready his sprawling conglomerate to reap the fruits of a post-pandemic recovery. His family’s JG Summit is stepping up investments in each of its major businesses—airline, hotels and banking—to tap resurgent demand in the Philippines and key markets across Southeast Asia. More
Viorel Kurnosov | Istock | Getty Images With roughly two more months before the U.S. Department of Health and Human Services ends the three-year Covid public health emergency, more than 5 million of the nation’s households remain behind on their rent. All together, tenants continued to owe nearly $11 billion in rental debt during the
While most interior designers source the majority of items for their clients from showrooms that are open exclusively to the trade—they also shop retail as well. This is particularly true in a post-Covid world, where shipping delays and supply chain issues are still a part of life. Projects have deadlines and budgets. So professional designers
In December 2022, $1,981 was the typical monthly rent in the United States — a 7.4% increase from the year prior. But while rent has begun to stabilize nationwide, rent affordability remains difficult for many Americans. “There’s literally nowhere in the country where a tenant is not burdened by their rent,” according to Leah Simon-Weisberg,
The one-time Santa Monica, California digs of singer-song writer and Rock and Roll Hall of Famer Jackson Browne and his actress partner Daryl Hannah just hit the market for $22.5 million. Known as The Witbeck House, the property is a prime example of American Arts and Crafts style architecture. Influential early 20th Century American architects
The American Institute of Architects (AIA) is recognizing 10 exceptional residential designs with its 2023 housing awards. The program, now in its 23rd year, was established to recognize the best in housing design for new construction, renovations and restorations. Complete details for each of the awarded projects can be reviewed on AIA’s website. Projects were
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage
Renters are finally getting a break on their rent as prices drop. The median asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin. Rents were up nearly 10 times that much (16.5%) a
Grady Hendrix Albert Mitchell After Louise’s parents unexpectedly die in a car accident, she returns home to Charleston, where her plans to get her childhood home ready for sale are soon complicated. There’s her parents’ endless stuff, including the hundreds of dolls her mother owned. There’s her estranged brother, Matt, trying to cheat her out
The phrase “house of Gucci” may bring the book or film to mind, but in the exclusive residential heart of Rome there literally is a house constructed and still owned by Gucci family heirs. Intrigued? It’s for sale. In the late 1940s, fashion magnate and one-time CEO Aldo Gucci, the eldest son of the iconic
This $22.5 million condo in Miami spans 6,200 square feet with four bedrooms and five and a half baths. But perhaps more impressive than what comes inside those four walls is the mind-blowing list of over-the-top amenities that comes with it. The luxury condo is situated on the 48th floor of the Turnberry Ocean Club
Defying global trends, Dubai’s luxury real estate market is showing incredible resilience. Bolstered by a flock of high net-worth buyers, high-end real estate prices have jumped 89% over the past year and the sale of ultraluxe properties priced at more than $10 million reached an unprecedented level. It comes as little surprise then that the
Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the three
Homeowners with mortgages, which account for roughly 63% of all properties, saw equity increase by 7.3% year over year, representing a collective gain of $1 trillion, for an average of $14,300 per borrower, since the fourth quarter of 2021, according to a recent home equity report. As home price growth continued its slow, steady decline
Aerial view of the Dubai Marina. DUBAI, United Arab Emirates — Demand for property in the United Arab Emirates’ glitzy commercial capital of Dubai hit a record high for the first two months of 2023, real estate services firm CBRE revealed in a report published Thursday. In February alone, Dubai’s residential market saw 8,515 transactions
Share to Facebook Share to Twitter Share to Linkedin Is inflation scrambling your nest egg? If so, you’re not alone. The market’s been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we’re still struggling with extreme price increases and reduced balances in our brokerage accounts
At different points along its dramatic coastal landscape on the southern tip of the Baja California peninsula, the popular western Mexico region known as Los Cabos can change from sprawling beachfront to towering mountainside to tranquil desert terrain in a matter of a few miles. This tendency to transform extends beyond just scenic topography and
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