When it comes to living the lifestyle they imagined, today’s retirees spend a lot of time worrying about how they will afford their golden years. To that end, a new report by GOBankingRates determined the neighborhoods where they could stretch their dollars the furthest, without sacrificing their quality of life. The personal finance website ranked
Real Estate
The historic Hancock Park home was once owned by Friends sitcom co-creator Marta Kauffman.Linda Kasian Photography Being interviewed by Oprah will make anyone cry. But a 300-year-old oak tree? Yes, that happened too, at the home of O’s favorite interior designers. But don’t worry, they’re tears of joy. The renovated estate is listed for $13.8 million.Linda
For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but simply can’t because of student debt. According to a recent study released by Apartment List, 6,400 millennial renters nationwide were surveyed in regards to their
Miami’s skylineOne Thousand Museum Residences Art Basel is in full swing in Miami but it isn’t just this week that all eyes are on the city. Luxury high-rise developments, designed by some of the biggest names in architecture, have seen a surge in growth over the past ten years and there doesn’t seem to be any sign
Mall and shopping center owners across the U.S. are starting to talk about change, realizing that if their centers keep the same antiquated models, anchored solely by department stores, they risk them going dark in the coming years. Roaming the halls of the largest retail real estate conference on the East Coast this past week,
Barbara van Beuren oversees acquisitions, marketing and design at Anbau Enterprises.Jill Lotenberg Adhering to the mantra, “if you want something done, do it yourself,” New York City real estate developer Barbara van Beuren positioned herself at the helm one of the city’s most prominent firms. With a background in architecture, van Beuren grew her areas
Americans may be losing money in their stock portfolios this week, but they are gaining purchasing power in the housing market. Mortgage rates are falling sharply, as investors head to the relative safe-haven of the bond market. Mortgage rates follow loosely the yield on the 10-year U.S. Treasury. The average rate on the popular 30-year
Creating engaging customer spaces is a natural extension of branding and customer engagement.Getty Work space has been undergoing a transformation as technology, mobility, and the nature of work is changing. And these changes are transforming client-facing spaces as well, reflecting customer-centricity. Visibly Innovating “Companies are increasingly looking to create innovation centers to showcase their solutions
Mortgage rates have now been falling for three straight weeks and that is reinvigorating the refinance business. It is not, however, bringing many more buyers back to today’s very expensive housing market. Total mortgage application volume rose 2 percent last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
08 November 2018, North Rhine-Westphalia, Dortmund: The Amazon logo can be seen at the logistics centre. In Europe’s first redistribution centre automated with conveyor technology, goods are received and distributed to other logistics centres of the Group in Europe. Photo: Ina Fassbender/dpa (Photo by Ina Fassbender/picture alliance via Getty Images)Getty Despite not winning Amazon’s new
The heat in housing demand is cooling across the nation and across most price points, but luxury is really feeling the chill. High-end homebuilder Toll Brothers reported a sharp 13 percent annual drop in the number of signed contracts for homes in its fiscal fourth quarter. It also reported a 9.3 percent cancellation rate, up
Share to facebook Share to twitter Share to linkedin Living RoomHilton & Hyland After starting its sales journey this summer as a rental asking $110,000 per month, the home Frank Sinatra and his wife Barbara designed for themselves has come to market as part of the Sinatra estate. The Sinatras bought the property in the early
December is usually the slowest month for the housing market, but this season is not so normal. Some unique dynamics may make this December one of the better times to both buy and sell a home. First and foremost, mortgage rates are turning what was a red-hot market into a lukewarm market, and that is
High home prices.Getty Royalty Free The entire housing industry seems to have coalesced around one major explanation for today’s high home prices—home prices are high because new home builders haven’t built enough new homes since the Great Recession. The argument continues that homebuilders haven’t built enough new homes because local governments and residents won’t let
Lemonade, a U.S. home and renters insurance start-up, is making Europe its first global expansion target. The New York-based firm uses artificial intelligence (AI) and chatbots to tailor insurance products for homeowners and tenants on its platform. In an announcement Thursday, the company said the move abroad will come “soon,” but did not specify what
Brexit uncertainty is “unhelpful” for those seeking to buy a home and the U.K. Parliament needs to move forward with the country’s departure from the EU, the CEO of the U.K.’s largest housebuilder by volume told CNBC Thursday. The industry has struggled with the uncertainty surrounding the process of leaving the European Union, mostly when
Share to facebook Share to twitter Share to linkedin Joe Sumner, son of The Police frontman Sting, has listed his historic Venice homeCourtesy of David Anderson Joe Sumner, son of rock legend and The Police frontman Sting, has listed his 5,279 square-foot Venice, California, compound for a cool $2.9 million. Sumner — the lead singer
Paul Manship perched his house and his studio at the edge of two abandoned granite quarries.Matt Kalinowski Few Americans today know who Paul Manship was. But almost all know his work. The sculptor of “Prometheus Bringing Fire From Heaven,” the centerpiece fountain of New York’s Rockefeller Center, was the Picasso of his day: one artist
Mall and shopping center owners across the U.S. are preparing to be hit by more store closures, following a brutal year that included department store chains like Bon-Ton and Sears going bankrupt, Toys R Us liquidating and even Walmart shutting dozens of its club stores. Now, a slew of specialty retailers like Gap and L
Augusta National ClubhouseGetty Walking along Magnolia Lane headed to the stunning clubhouse at Augusta National Golf Club, I was surrounded by perfectly groomed greens, massive magnolia trees and abundant yellow pansies creating the shape of the Founders Circle. The breathtaking beauty of the club is what contributes to its legendary position as one of the
Expectations for a stronger housing market in October fell short. Pending homes sales, a measure of signed contracts to buy existing homes, fell 2.6 percent compared with September, according to the National Association of Realtors. Sales were down a steeper 6.7 percent compared with October 2017. That makes the 10th straight month of annual declines.
Share to facebook Share to twitter Share to linkedin Car vaultMartin Kemp Design The London neighborhood of Mayfair next to Hyde Park has been a luxury housing market for a few hundred years and with average housing prices around £5 million pounds (approx. $7.5 million USD) it is one of the few neighborhoods that has rebounded quickly
New York Deputy Mayor Alicia Glen sent a message Tuesday on CNBC to critics hoping to curtail $1.5 billion in tax incentives used to lure Amazon‘s so-called HQ2 to the city: “This deal is not going to get stopped.” When asked on “Squawk Box” about New York officials, such as Representative-elect Alexandria Ocasio-Cortez, who have
Share to facebook Share to twitter Share to linkedin Double-height living roomStribling Three blocks away from where Treasury Secretary Steve Mnuchin has listed his 5/6 bedroom condo for $32 million, sits this 12-story building now configured to include three separate 5/6 bedroom units all of which are included in the total asking price of $29 million (a
GettyGetty Marijuana legalization brings the money – there is no doubt about it. Year after year, states that have legalized the leaf have shown that chopping the head off the beast of the black market pot trade can have billions of dollars in economic impact. Even before a single marijuana product is sold, real estate
Amazon hasn’t even moved in yet, but Long Island City’s housing is already seeing a surge of interest. Locally, the retail giant’s decision to build two new headquarter locations has been controversial, and met by growing backlash over the incentives provided by the city and state. Yet in the weeks following the announcement, the Queens
Panorama night futuristic city. The neon lighting.3D render. Technological background. Skyscrapers in the night. CityscapeGetty A few days ago, Autodesk announced the purchase of construction tech startup PlanGrid for $875 million, the biggest exit to date in the Construction Tech space. Historically, ConTech (as it is commonly referred to) has had much less attention than
Share to facebook Share to twitter Share to linkedin The 19 Best Places to Travel in 2019 BELMOND CAP JULUCA What’s on your travel wish list for 2019? Veteran travel editor Laura Begley Bloom asked some of the world’s top vacation experts to find out where they want to go next. From a colorful beach town
Property prices are being driven through the roof by foreign investors looking to launder money undetected.Getty Following a sudden increase in transactions from offshore companies back in 2015, the National Crime Agency warned that foreign criminals were using the UK property market to launder their dirty money. But three years on, we still have good
Japan has an increasing number of vacant homes — a problem that’s set to persist because of an aging and shrinking population that has left many towns and villages empty. “Japan faces significant economic and social impact effects from demographic (aging) over the next three decades,” Rajiv Biswas, Asia-Pacific chief economist at IHS Markit, wrote
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