Anecdotal evidence suggests upscale buyers are as interested in big city pieds-a-terre after the pandemic as they were before Covid’s arrival. The difference? Purchasers are tending to seek not customizable residences, but homes that feature turnkey living. The change may flow from Covid-era supply chain uncertainties lingering longer than expected. Buyers don’t want to wait
Real Estate
A default on the nation’s debt, if Congress is unable to raise the federal debt ceiling in coming weeks, would boost mortgage rates by at least two percentage points and cause a slump in home sales as costlier financing puts real estate beyond the reach of more Americans, according to Jeff Tucker, a Zillow senior
Forbes Global Properties If a gated community with a guarded entry seems like a modern-day security measure, think again. Homes in a neighborhood in Alanya, a city in the Turkey province of Antalya, are surrounded by miles of medieval castle walls complete with watchtowers. Aerial view from the Citadel of Alanya on the Red Tower
After conducting series of deep-dives in housing markets such as in Seattle, Denver, and Phoenix, for example, a general trend seems to be emerging. Major housing markets, like the three mentioned, and for this study — Las Vegas — all experienced supercharged housing activity from 2021 until mid-2022 and has since been cooling off a
Forbes Global Properties Every so often, an architect comes along whose vision and designs are so tied to the fabric of the city in which they erect their masterpieces that it becomes difficult to imagine the same place without their influence—would Chicago be the same without Daniel Burnham or Barcelona without Antoni Gaudí? The two-story
An incredible piece of American history can now be yours. The estate where the late Jackie Kennedy Onassis, the former First Lady to president John F. Kennedy, spent her childhood summers is now listed for a cool $55 million. Located in East Hampton, New York, the home is called Lasata, which means ‘place of peace’
The San Francisco Office Tower was worth $300 million four years ago, but is now for sale, with some estimating it will sell for 80% less, as reported in The Wall Street Journal (and by the way, it’s mostly empty). Meanwhile, in Dallas, nearly 6 million square feet of office space is under construction, amid
Forbes Global Properties A stylishly renovated multiroom apartment in New York City comes with large living spaces and is situated in the Lifesaver Lofts, a turn-of-the-last-century factory that once manufactured the iconic candies. Once a state-of-the-art candy-making facility, the building was converted into condos a little over … [+] a decade ago. Paul Mileman Photography
Forbes Global Properties In Malibu, California, sand is gold. Where homes are sited―whether sandcastle-close along Broad Beach Road or atop Point Dume cliffs―is all about the correlation to beaches glinting in a sunset’s glow. The main show is the Pacific Ocean and its sonic swells―that serene rhythmic roll homebuyers crave to hear 24/7 and will
Forbes Global Properties Only four owners have called Denholm mansion in the Sydney suburb of Woollahra home in its more than 100-year history. Among them was former Liberal Party heavyweight Sir John Atwill, who during his 50-year ownership received a variety of distinguished guests including the venerable Margaret Thatcher. Distinguished guests to visit the property
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