Share to facebook Share to twitter Share to linkedin Kelly Clarkson’s gated mansion is nestled between a lakefront and wooded cul de sac. Parks Realty Singer Kelly Clarkson’s stunning 20,121-square-foot Tennessee lakefront estate has returned to the market with a newly discounted price tag of $7.49 million. The seven-bedroom, 11-bath home first appeared on the
Real Estate
Fashion District mall in Philadelphia Diana Olick | CNBC Millennials may have fled the malls, but brick-and-mortar retail is apparently more appealing to Generation Z. People born between 1997 and 2010, particularly the teens in that group, are becoming big spenders, and they like to do a lot of that spending in actual stores, according
The Symon is among properties poised to bring new life to one of Brooklyn’s most venerable … [+] thoroughfares, Schermerhorn Street. Volley Studio Could a street whose legacy dates back hundreds of years be the new Holy Grail for today’s higher-end condominium buyers? If a recent tidal wave of development on Brooklyn’s Schermerhorn Street is
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC By now, you would think just about everyone had refinanced their mortgage to today’s historically low interest rates, but apparently not. Refinance volume drove total mortgage application activity 3.8% higher last week compared with the previous week, according to the
Horizontal photo close up of male businessman hand holding pen putting signature on official … [+] document contract paper binding agreement concept banner for website header design with copy space for text Getty Though no one likes to think about this possibility, sometimes even the most dedicated buyers get cold feet. When that happens, it’s
Dubai property magnate Hussain Sajwani has repeated calls for an immediate halt to construction, warning the city faces “disaster” if oversupply continues. “Nothing has changed,” Sajwani told a CNBC-moderated panel at the Salt Conference in Abu Dhabi on Wednesday. “The glut of supply we have, or we are going to have, will have an impact
The skyline in the distance beyond Lake Washington and Interstate 90 crossing the lake shot from a … [+] helicopter at an altitude of about 400 feet. Getty If you’re deciding on where to buy a house, you shouldn’t just consider city and state. Important things like property taxes and school districts operate on a
The Chartwell Estate Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio Media scion Lachlan Murdoch reportedly paid $150 million for an estate in Los Angeles’ Bel Air neighborhood, making it the most expensive home ever sold in the city. According to The Wall Street Journal, Murdoch — the eldest son of media
Share to facebook Share to twitter Share to linkedin Healthfield House in London’s Highgate asks $52 million KNIGHT FRANK/SOTHEBY’S INTERNATIONAL REALTY On the eve of a general election in the United Kingdom that will almost certainly impact the direction of Brexit as well as London’s property trends (which had been on the decline), a home
CNBC’s Jim Cramer on Wednesday said the wait is over as millennials are now buying homes in larger numbers, pointing to luxury homebuilder Toll Brothers‘ earnings report for signs of proof. “After a decade of cocooning, millennials want to buy homes that represent value, which is in keeping with the way they shop for everything
Getty Feeling priced out of New York City? If you’re looking to buy a home for around $250,000, you may want to trade in your wing tips for cowboy boots. You can get six times more space in Houston for that price than in the Big Apple, according to a new report from PropertyShark. The
Norwich Royal Arcade that runs from the market place towards Norwich Castle and was designed by architect George Skipper in 1899. Norfolk, England, UK. Education Images | Universal Images Group | Getty Images Weakness in the U.K. property market is set to continue into the foreseeable future, market experts have told CNBC, with investors recently
PYMCA | Universal Images Group | Getty Images Near rock-bottom mortgage interest rates are behind a surge in refinance activity. After hitting an 18-year low at the end of last year, refinance lending has nearly doubled over the past three quarters, according to Black Knight. In the third quarter of this year, refinance volume was
In the run-up to the 2008 Financial Crisis, and in assessing its aftermath, I posited that homeownership limited the mobility of human capital to the detriment of both the economic recovery and the financial wherewithal of homeowners with non-performing mortgages. With housing values underwater in many markets, and deeply underwater in ‘the sand states’ (as
Share to facebook Share to twitter Share to linkedin Real estate in southern China is seen as a good investment by those optimistic about the country’s… [+] Guangdong-Hong Kong-Macau Greater Bay Area. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP One of China’s richest real estate entrepreneurs may be poised to become yet wealthier. Times
A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results
Living space designed by Champalimaud Binyan Studios The team behind famed architect Robert A.M. Stern’s first multi-family development in San Francisco is debuting interior images to help potential buyers envision life inside. Slated for completion next year, Crescent is an eight-story building featuring 44 luxury condos at a cable-car crossing atop the historic Nob Hill.
CNBC’s Diana Olick reports on a surprising downbeat forecast for the 2020 housing market from one of the largest names in real estate. Tom Farley, chairman and CEO of Far Point and former NYSE president, and Joe Terranova, senior managing director for Virtus Investment Partners, join “Squawk Box” to discuss. 01:58 17 minutes ago
When you think about smart phones and smart home technology, you probably picture Millennials making their living spaces as convenient as possible. That’s not an inaccurate picture, but it’s not a complete one either. Boomers and seniors are an enthusiastic and growing market for these features, which can make living independently easier, safer, healthier and
Contractors work on townhouses under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Homebuilders aren’t building enough for millennials That generation is expected to be the largest single cohort of homebuyers next year, but the nation’s homebuilders are not keeping up. This is already exacerbating
That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it
The UK’s biggest commercial property fund has been suspended after its adminstrators claimed “Brexit-related political uncertainty,” was causing investors to remove money at an unsustainable rate. Investment firm M&G added in a statement Wednesday that changing trends in U.K. retail were also having a negative effect on property demand. “In recent months, unusually high and
Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found
Losing to the urban neighborhood of Crystal City in Arlington, Virginia, may not be the end story for the more than 230 cities that attempted to win the bid for Amazon‘s second headquarters. According to AOL co-founder Steve Case, the 14-month-long bidding process may have triggered these cities to keep the energy going and feel
An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches
The home at 5 Baker Court, September 1, 2016. On Baker Court and Fields Court, near the South Bay Shopping Center, two narrow paved paths so tiny they could hardly be called streets, some longtime property owners believe they are sitting on a real estate goldmine. Pat Greenhouse | The Boston Globe | Getty Images
Share to facebook Share to twitter Share to linkedin Located in Chicago’s Gold Coast, the new 61 Banks Street features a stone façade framed in dark … [+] metal. Steve Hall @ Hall+Merrick Photographers While ultra modern, glass-and-steel exteriors have reigned supreme over the last decade, masonry and dark trim exteriors are gaining in popularity
Indian Wells, California home at The Vintage Club Chris Miller: Imagine Imagery Valerie Neuman, founding partner and broker associate of Compass Greater Palm Springs area is one of the desert’s top producers with annual sales totaling over $100 million. Neuman knows how to showcase and market her ultra luxury listings. Over the busy Thanksgiving holiday weekend
Atmosphere outside the Hudson Theatre on July 26, 2018. (Photo by Walter McBride/WireImage) WireImage The Ambassador Theatre Group has proven, once again, that the best defense is good offense. Last year, Evelyn Castillo sued the Broadway landlord in federal court over its policy blocking guests from bringing outside food into its theaters. She complained that
Part of the Cherohala Skyway in the Cherokee National Forest in Tennessee Getty One automaker delivered the gift of green infrastructure this holiday season. To help protect forestlands, Volkswagen of America, through a sponsorship of The Conservation Fund, is donating $1.25 million towards increasing the footprint of the Cherokee National Forest in Tennessee by nearly
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