Real Estate

home is being built in in Rio Verde Foothills, Arizona, U.S. on January 7, 2023. The Washington Post | Getty Images Developers planning to build homes in the desert west of Phoenix don’t have enough groundwater supplies to move forward with their plans, a state modeling report found.  Plans to construct homes west of the

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

Getty Images Randy had an 850 credit score. According to FICO, the most popular scoring model, that’s as good as it gets. Still, a line on his credit report said he could lower his utilization rate, so he promptly paid off the remainder of his car loan with one $6,000 payment, and then his score

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

Consumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion. Mortgage application volume jumped nearly 28% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with

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.

Builder sentiment in the single-family housing market posted an unexpected gain in January, rising for the first time in 12 straight months. Economists had predicted a slight decline. Sentiment rose 4 points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is still considered negative sentiment. The metric

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

Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to

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

Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800

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

Ed Jones | Afp | Getty Images Between rents rising and most pandemic-era eviction bans having expired, the number of tenants coming home to find notices on their doors is picking up. In just the first week of January, the Eviction Lab at Princeton University has counted more than 9,300 evictions in the nine states

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

The Bund in Shanghai, China, on Oct. 17, 2022. China’s gross domestic product grew 3% in 2022, less than half of 2021’s rate. Qilai Shen | Bloomberg | Getty Images China’s economy looks poised for a rebound in 2023, but a lot depends on one variable — the consumer, said investment management firm KraneShares. “As external

The house style trend that’s been dominating the past few years is called “Modern Farmhouse.” In truth, farmhouses have never been known for their modernity. Farmhouses are loved for their association with simplicity, function, nostalgia and an abundance of sunlight and fresh air. A farmhouse is actually a budget-friendly home, embracing salvage and hand-me-downs. Yet

Our kitchens are not what they used to be. Once mere workspaces, they have become the rooms where families spend a majority of their time. No one knows this better than the Italian home appliance manufacturer founded in 1882 by Francesco Bertazzoni, which makes it the longest-standing family-owned appliance brand. “One of the positive things

Homes are selling at their slowest pace since the housing market nearly ground to a halt at the beginning of the pandemic, according to a new report from Redfin, a technology-powered real estate brokerage. The typical home that sold during the four weeks ending January 8 was on the market for 44 days, the longest

Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as “the

To live in the Mexican town of San Miguel de Allende is to live close to the past as well as the very vibrant present. Authentic Spanish-Colonial buildings — brightly painted along picturesque cobblestone streets — and period churches have forged the town’s reputation as a must-see destination for world travelers. The 64-block city center