The Malibu, California estate once owned by the late actor Steve McQueen is on the market for $17 million. He was a beloved performer for Baby Boomers and one of the highest-paid actors in the world in the 1970s. McQueen was the epitome of cool, both in real life and his movies, including The Thomas
Real Estate
Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers generate massive amounts of heat through their servers because of the enormous amount of power they use. Water is the cheapest and most common method used to cool the centers. In
When the temperatures drop and the winds pick up, we appreciate our homes for the shelter they provide. But we want more than mere comfort; we want our homes to be cozy and relaxing. With the holidays approaching, Pacific Palisades Realtors collaborated with interior design experts Jaqueline Hamilton and Nicola Rodriguez to reveal tips on
The public entrance to Trump Tower on Fifth Avenue in New York. Robert Alexander | Archive Photos | Getty Images A New York court Monday appointed retired Judge Barbara Jones to oversee some of the Trump Organization’s financial statements as part of a lawsuit alleging widespread fraud by former President Donald Trump, his businesses and
With winter right around the corner, the snow will soon be piling up in resort town and Aspen neighbor, Snowmass Village, Colorado. What’s not piling up in Snowmass? Inventory. Popularity for the small ski town exploded during the pandemic, with brokerages like Slifer Smith & Frampton Real Estate seeing the number of sales in Snowmass
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC Mortgage rates rose again last week, throwing even more cold water on demand from both current homeowners and potential homebuyers. Weekly application volume fell 0.1% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Veteran NHL forward Max Pacioretty, who this summer was traded by the Vegas Golden Knights to the Carolina Hurricanes, has listed his home in the Summerlin area of Las Vegas for sale at $11.999 million. The sophisticated single-story, custom built in 2018 and reimagined since then, sits on a half-acre lot in one of Summerlin’s
People shop for bread at a supermarket in Monterey Park, California on Oct. 19, 2022. Frederic J. Brown | Afp | Getty Images Inflation was cooler than expected in October, although household staples such as shelter, food and energy remained among the largest contributors to consumer prices still rising at a historically fast pace, the
While your home should reflect your personal style, it may also reflect the current trends. However, according to interior designer and star of HGTV’s Unfinished Business, Shay Holland, trends shouldn’t be the dominating influence over your home’s aesthetic. “Trends are a great way to glean inspiration and information; not to dictate your home’s design,” she
It looks more like a project at NASA than a home construction site. Just outside Austin, Texas, massive machines are squeezing out 100 three- and four-bedroom homes, in the first major housing development to be 3D-printed on site. One of the nation’s largest homebuilders, Lennar, is partnering with ICON, a 3D printing company, to develop
Trevor Noah, host of The Daily Show, is listing his Manhattan penthouse for $12.95 million. With unobstructed views of the city and the Hudson River in the New York Hell’s Kitchen neighborhood, the three-bedroom, 3,600-square-foot duplex apartment has been beautifully updated since the comedian bought it in 2017, while retaining the historic ambience of the
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October, prompting a decline in bond yields. The average rate on the 30-year fixed plunged
Like the children’s modern classic Rabbit Hill, whose name it borrows, newly constructed Rabbit Hill Lodge is set in Westport, Connecticut. And the modern farmhouse, sited to take in sunsets and views of the Saugatuck River, does have its share of bunnies roaming the broad lawns of the tree-surrounded 2-acre site. All it’s waiting for
Ridofranz | Istock | Getty Images We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible. Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. “We’re often
With its mesmerizing gardens, Stonefields is a feast for the eyes and so it should be. The 50-acre spread has been the private home and showplace of Paul Bangay, Australia’s renowned landscape designer, for nearly two decades. His private sanctuary, the estate is in the rolling foothills near the pre-Gold Rush town of Kyneton in
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market. In October, just 16% of
Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay off thousands of workers in recent
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage
Share to Facebook Share to Twitter Share to Linkedin Far East Organization—controlled by billionaire brothers Robert and Philip Ng—in partnership with Japan’s Sekisui House submitted the highest bid of S$320.8 million ($226 million) for a suburban residential site in the prime Upper Bukit Timah neighborhood in western Singapore. The duo’s offer was higher than the
Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)
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