The effects of climate change are becoming ever more real: a study finds that an ‘extreme heat belt’ will impact over 100 million Americans in the next 30 years. The area, stretching from Texas to the Great Lakes, will experience temperatures above 125 degrees (52 degrees Celsius) during the hottest stretches of the year, according
Real Estate
Mortgage demand appears to have nowhere to go but down, as interest rates go up. Application volume dropped 1.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results include an adjustment for the observance of Labor Day. Since last year, homebuyers’ demand for mortgages has
It’s long been recognized home buyers love a view of the blue. Due to their comparative scarcity, homes on oceans, lakes (Great and otherwise), rivers and canals consistently command more at sale time. How much more? According to some estimates, a home on a lake will garner 25 to 50 percent more than the same
Commercial property is a bright spot in Chinese real estate, in contrast with the doom and gloom of the residential housing market. Property analysts and developers said offices, warehouses and business parks are proving resilient, and continuing to turn over steady rental revenue — albeit discounted due to softer demand. related investing news BMO downgrades
Bahamas living can best be described as idyllic. The beaches are beautiful and there are plenty of resorts and vacation properties you can stay in with your family or friends. There are also many activities to do, including snorkeling, deep sea fishing or even just walking along the beach. This oceanfront Bahamas retreat property is
In this article WE Global inflationary pressures are pushing companies to be “more nimble” with their corporate real estate portfolios, according to WeWork. “That … has put the need for companies to look at flexibility in managing and thinking about their workspace,” said Samit Chopra, the coworking company’s international president and COO. “Which is of
Even as the summer comes to a close, the luxury real estate market in coastal Mexico is staying hot. An oceanfront villa housed in the ultra-luxury resort, One&Only Mandarina, has sold for a record-breaking $17.5 million, continuing a string of $10 million-plus sales in the Riviera Nayarit region. Situated a little over an hour north
At the height of the Covid pandemic, many young adults moved back in with mom and dad. It was an unprecedented moment of uncertainty; college campuses were closed, and jobs were scarce. More than two years later, 67% of millennials and Gen Zers who moved home are still there, according to a recent report by
The Swan River is a flourishing 95-mile-long habitat in western Montana, set between the Swan Range and the Mission Mountains. Black bream, bull trout, flathead and flounder swim in the partially glacier-fed waters. Canada geese, mallards and red-tailed hawks soar above. White-tailed deer, elk and moose thrive in the area. And a few fortunate humans
In this article CTRN Peopleimages | Istock | Getty Images Citi is expanding a program to encourage homeownership in diverse communities, as part of a new set of initiatives to broaden access to its lending products. The program, called HomeRun, seeks to help eliminate the key barriers to homeownership, particularly with regard to cost and
The Bronx saw record dollar volume and the second most transactions ever recorded with $1.54 billion investment sales across 191 transactions, according to research produced by Ariel Property Advisors. Multifamily sales accounted for nearly half the transactions, or $756 million, which is the highest dollar volume since 1H 2016 when $960 million in multifamily buildings
The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Now, real estate agents who once reported lines of buyers outside open houses and bidding wars on the back deck say homes
Casa Cañdita is a lush estate found in Mexico’s central highlands northwest of Mexico City. Designed as a versatile garden oasis, the property could function as an extended compound for family and friends or operated as a boutique hotel, according to listing agent Jessica Patterson. From artisan markets to art studios, the vibrant spot has
GP: Homes for sale Brittany Murray Via Getty Images | Medianews Group | Getty Images In June the average rate on the 30-year fixed shot over 6% briefly, and that was enough to turn the once-hot housing market on its heels. Rates pulled back in July and August, but the damage was already done. Now
Redfin, a technology-powered real estate brokerage, released a collection of statistics today that illustrate some of the positive effects of the current cooling housing market. After nearly two years of a highly competitive market, once rejected buyers finally have another chance to purchase that home they always wanted, even with higher mortgage rates making it
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several
It’s hard to find a home space today that hasn’t been impacted by technology – from our private bedrooms and bathrooms to our public indoor and outdoor gathering areas. Which technologies have real benefits for our health, safety, functionality or comfort? Thousands of design and construction professionals will gather in Dallas for the CEDIA Expo
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: Oscillator says market still oversold Our trades on DVN and CRM Quick mentions: HON and LLY Watching these bullpen stocks 1. Oscillator says market still oversold Stocks were in the
Italy is divided into 20 administrative regions. The smallest is named Val d’Aosta. Have you ever heard a non-Italian yearn with desire to visit Val d’Aosta? Unlikely. They pine—instead—for strolling through Tuscan villages or hunting Piedmont truffles or cruising Campania coastlines on a Vespa or sipping Nero d’Avola wine in Sicily. Val d’Aosta? Few non-Italians
This aerial photograph taken on September 1, 2022 shows flood-affected people taking refuge in tents after heavy monsoon rains in Dera Allah Yar town of Jaffarabad district, Balochistan province. – Monsoon rains have submerged a third of Pakistan, claiming at least 1,190 lives since June and unleashing powerful floods that have washed away swathes of
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