Real Estate

If you’ve ever bought or sold real estate, you’ve probably heard of contingencies. In the most basic terms, a contingency is a specific requirement that must be met in order to make a real estate contract final. The most common reason a buyer or seller requests a contingency is for their own protection—to ensure that

The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year ago today.  Mortgage rates, which follow loosely the yield on the

Real estate accounts for an estimated 40% of global greenhouse gas emissions, with 12% of that in the United States alone, according to the EPA. Buildings mostly operate on fossil fuels, and their surfaces leak a lot of air, releasing cooling and heating out into the atmosphere. Add the construction industry to that and the

Air fryers have been a top wellness design trend for more than a year, and are likely to inspire new countertop appliance sales for Mother’s Day soon. Air frying capability has also been built into ranges, ovens and microwaves. One manufacturer even sent the capability as an upgrade to existing owners. Other companies followed suit,

Inventory is up. Mortgage rates are up (and climbing.) Do these indicators presage a slowdown in the white-hot New York City real estate market? Will the uncertainty around the ongoing Ukraine war freeze homebuyers in their tracks? How have buyers and sellers fared during the first quarter of 2022? Sales have remained brisk throughout the

In this article CTRN Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much new pressure from Covid that Beijing may increase stimulus — boosting overall growth, Citi said Thursday. “Given the strong start of

For more than two years house prices have been increasing faster in metro Phoenix than in any other city in the S&P/CoreLogic Case-Shiller Home Price Index. The median single-family house price in metro Phoenix increased $100,000 in 2021 and is continuing to increase crazy fast in 2022, according to Phoenix MLS data. #1 Reason For

Patrick T. Fallon | Bloomberg | Getty Images As interest rates tick upward, it may be tempting for homebuyers to explore adjustable rate mortgages. The appeal of an ARM, as it’s called, can be the lower initial interest rate compared with a traditional 30-year fixed-rate mortgage. However, that rate can change down the road —

With its red tile roof, hand-planed walnut floors and white walls, this home in the Scottsdale-Phoenix area of Arizona is characteristic of the Santa Barbara style – a mix of Mediterranean and Spanish Revival architecture. Set on 1.5 acres in Paradise Valley, the classic residence combines handcrafted details and authentic materials. Reclaimed hand-hewn beams from

Congratulations! You did it! You graduated college and got your degree. But once all the college graduation parties and final hangouts with your friends come to an end, it’s time to hesitantly glare into the next phase of your life. It’s time to get your first apartment. A lot of us know roughly where we

Aspen’s spring market remains strong, with eager buyers bidding on what few properties are available. Inventory, particularly new construction, is so low that buyers are now looking at older properties to update and renovate. Ann Abernethy, a broker associate at Slifer Smith & Frampton Real Estate in Aspen, offers an on-the-ground look at current market

Getty Images For most Americans, the surging cost of living is weighing heavily on their wallets. “Wage growth has failed to match the dizzying pace of rising prices, which the Federal Reserve has effectively identified as ‘monetary policy enemy No. 1,'” said Mark Hamrick, senior economic analyst at Bankrate.com. After the Fed raised interest rates for the

Sturti | E+ | Getty Images With skyrocketing housing prices, homeownership may be out of reach for many Americans. Yet rents are also rising. So how do you know if you should own a home or rent? It depends on a number of factors, experts said. “If you’re not sure whether or not you want

Few actors or comedians were as well-loved as Betty White, who died last December. A pioneer of early television, with a career spanning seven decades, White was noted for her vast work in the entertainment industry and also for being one of the first women to work both in front of and behind the camera.

Housing markets in the United States have been on a rollercoaster ride in the last two years as the impact of the pandemic made itself felt on homebuying. Across the country, housing inventories are at all-time lows and home prices are rising. Based on data from Redfin, including housing inventory, months supply of homes, and

A “For Sale” sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images After cooling off ever so slightly toward the end of last year, home price gains reaccelerated in January. Home prices nationally rose 19.2% year over year in January, up from 18.9% in December, according to the

The housing market is expected to return to pre-pandemic, 2019 norms — at least in terms of inventory and the share of purchases made by first-time home buyers — by 2024, according to a panel of housing market experts polled in the latest Zillow home price expectations survey. The dwindling supply of homes for sale

This custom-built home may be set in a place called Spanish Hills, but don’t be fooled by the name. The design is ultra-sleek contemporary. Distinguished by strong horizontal lines, the stylish house is located within a gated neighborhood in southwestern Las Vegas, Nevada. The entire master-planned golf course community is made up of custom homes,

Mikolette | E+ | Getty Images Prior to the pandemic’s red-hot housing market, there was a simple profile that constituted an “A” buyer, according to Brian Copeland, a realtor in Nashville, Tennessee. “Four years ago, an ‘A’ buyer was someone who was pre-qualified for a loan, had 3% down and could go out this weekend

A-list actor Leonardo DiCaprio has found a buyer for a property in the Los Feliz Oaks neighborhood of Los Angeles, records show. The 1926 Tudor-style home, which hit the market last year for $5.75 million, recently sold to famed musician Miguel for $4.9 million. The purchase continues the property’s long line of celebrity homeowners. Prior