Defying global trends, Dubai’s luxury real estate market is showing incredible resilience. Bolstered by a flock of high net-worth buyers, high-end real estate prices have jumped 89% over the past year and the sale of ultraluxe properties priced at more than $10 million reached an unprecedented level. It comes as little surprise then that the
Real Estate
Renters are finally getting a break on their rent as prices drop. The median asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin RDFN . Rents were up nearly 10 times that much
Homeowners with mortgages, which account for roughly 63% of all properties, saw equity increase by 7.3% year over year, representing a collective gain of $1 trillion, for an average of $14,300 per borrower, since the fourth quarter of 2021, according to a recent home equity report. As home price growth continued its slow, steady decline
Given modern architecture’s penchant for a minimalist approach, it’s hard to imagine a time when design elements like clean lines, open floor plans and floor-to-ceiling windows were revolutionary. But at the end of the 19th century, when architecture gradually moved away from traditions of ornamentation and decadence, the result was nothing short of a sensation.
We tend not to think about plumbing matters unless there’s a problem or we’re planning a new construction or remodeling project. In recent years though, there have been quite a few headline-grabbing, sometimes catastrophic, water and plumbing system-related problems impacting communities and households across the country. These have included the Flint, Michigan water crisis, the
Since its launch in November, OpenAI’s ChatGPT has undeniably caused quite a media storm. In fact, Bloomberg estimates that mentions of Artificial Intelligence and its related phrases have already increased by 77% since last year. Whilst opinions on the topic of AI range from brazen optimism to cynicism and skepticism to down-right horror, what was
Forbes Global Properties Southern California’s Manhattan Beach is a city of neighborhoods, each with its own advantages and bragging rights. There’s the Tree Section, the Sand Section, the shop-filled downtown and the ocean-facing Strand. This custom-built home is in an affluent pocket called the Hill Section, known for grand homes and grander views. While residents
Forbes Global Properties At different points along its dramatic coastal landscape on the southern tip of the Baja California peninsula, the popular western Mexico region known as Los Cabos can change from sprawling beachfront to towering mountainside to tranquil desert terrain in a matter of a few miles. This tendency to transform extends beyond just
Share to Facebook Share to Twitter Share to Linkedin Is inflation scrambling your nest egg? If so, you’re not alone. The market’s been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we’re still struggling with extreme price increases and reduced balances in our brokerage accounts
Chicago’s South and West Sides have suffered more than a half century of population outflow and disinvestment. The city’s ambitious community development initiative, “INVEST South/West,” was launched to turn around those long-term trends. The endeavor’s initial phase aimed at spurring investment in commercial corridors. The next strives to support commercial corridor investments by reinvigorating South
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