“There is no way to recreate the past,” says Robert Bell, whose eponymous landscape architecture firm is based in Washington, DC, Southampton, New York and Palm Beach, Florida. “But you can reinterpret historic gardens if you research what was there, while looking at the practicalities of today.” Just as houses have historic architectural styles, so
Real Estate
andresr | E+ | Getty Images Covid-19 relief and record-low interest rates boosted many Americans’ finances during the pandemic. That has been especially true for millennials, who have on average built significant wealth. Millennials, born between 1981 and 1996, have more than doubled their total net worth, reaching $9.38 trillion in the first quarter of
While the impact of the latest Covid variants can and will be debated, it’s evident the travel restrictions that accompanied the pandemic have been eased. No longer must Yanks who travel to the British Virgin Islands, Hawaii or Mexico face as many stiff travel restrictions going and returning. That’s allowed would-be American home buyers the
In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are unfinished residences in Nanning, Guangxi Zhuang Autonomous Region. Future Publishing | Future Publishing | Getty Images BEIJING — Goldman Sachs has cut its forecast for the MSCI China index due to a worsening slump in China’s property market.
Set on the Mediterranean Sea, the busy port of Valencia, Spain, has a lively historic center. This newly renovated flat is in the heart of the city next to the town hall with its iconic clock tower and baroque features, the art nouveau Estación del Norte railway station and other landmark buildings. The walkable area
The Asian Development Bank has cut its growth forecast for China due to concerns over the country’s zero-Covid approach and strict lockdowns, which put even more pressure on the real estate sector. Gross domestic product growth for the world’s second largest economy is expected to be at 4% in 2022, down from an earlier estimate
Whether you are looking for adventure or seeking tranquility, there is an undeniable allure to Big Sky Country’s stunning natural landscape with its snow-capped mountains and rolling green fields. After all, it is here where some of the country’s most famous national parks can be found, along with state treasures like Lone Pine State Park,
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising
The U.S. dollar has been the world’s dominant currency for three-quarters of a century, and though it may not be apparent to inflation-wracked Americans, the currency maintains more purchasing power than most of its major rivals. That’s helpful to U.S. consumers, though it comes at a cost. Inflation is diminishing the value of the euro,
Former President Donald Trump Jonathan Ernst | Reuters A former special New York prosecutor who quit a criminal investigation of ex-President Donald Trump after his boss declined to lodge charges at the time said that if Trump “had been Joe Blow from Kokomo, we would have indicted without a big debate.” “I believe that Donald
The evolution of a historic home informs its present in myriad ways. Claremont Country Estate, classified as a New Zealand historic building, was built in 1890 for George Hampton Rhodes, a member of a prominent family that had extensive land holdings in Canterbury. Among their varied professions were livestock ranching, investment, manufacturing, shipping and politics.
Brendan Wallace, co-founder and managing partner of Fifth Wall in their Manhattan office. Source: CNBC Fifth Wall, a venture capital firm focused on real estate technology, is tripling down on its bet that climate tech will become an integral driver in the real estate space. It just announced commitments of half a billion dollars to
Prices for existing U.S. homes extended their climb in June, with the median rising to a record despite the fifth straight month of falling sales. The data indicate higher mortgage rates are dampening homebuyer interest, though not enough to restrain prices. The average price of existing homes sold in June grew to $416,000, a 13.4%
To keep up with the surging cost of living, consumers are spending more and saving less — and rising interest rates aren’t helping the matter. Next week, the Federal Reserve likely will raise rates by another three-quarters of a percentage point, although some on Wall Street still think it could opt for a full percentage point increase.
The Eastern end of Long Island, better known as The Hamptons is a coveted enclave with coastal and country homes, mansions, and estates. It’s a great place to live, vacation, and most importantly, shop. Fortunately, there’s no shortage of great places to furnish and decorate these incredible dwellings. Here are some of the best places
Renting an apartment for the first time is an exciting step into adulthood but it’s a big commitment financially so you want to make sure you do your homework and make a choice that’s right for you — and your budget. First, you have to time it right when you’re looking at apartments — you
Topline Home-builder confidence plunged to a two-year low in July as high inflation and supply chain constraints prompted many builders to halt construction on homes, the National Association of Home Builders reported Monday, marking the latest sign the housing market is due for a steep turnaround after the pandemic-era home-buying frenzy. Key Facts Builder confidence
A contractor works on a new home under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, indicating a jump in mortgage rates may be starting to restrain demand. Rebecca Noble | Bloomberg | Getty Images
Some 80 years ago, a group of concerned citizens banded together to form a coalition whose sole purpose was to protect their little town of Cherry Hills Village from encroaching commercialization. The area’s pastoral beauty with wide-open fields sprinkled with patches of cottonwoods and placid bodies of water had attracted the attention of Denver residents
The three most important things in real estate: location, location, location. And the U.S. real estate market is in a weird place right now. Mortgage rates are nearly double what they were a year ago, reflecting the Federal Reserve’s campaign to rein in inflation. But they have also been volatile, including some sharp declines from
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