A Guide To West Hollywood’s Best Home Furnishing Stores

Jun 20, 2022

West Hollywood's Famed Design District Visit West Hollywood Whether you live in California or are just visiting, West Hollywood is one of the best neighborhoods to shop for home furnishings. Known to locals as WEHO, this area is frequented by some of the top interior designers visiting the many showrooms at the world-famous Pacific Design Center. But it’s also the home of lots of independent shops as well as tried and true chains including CB2, West Elm, RH, and Design Within Reach. ...read more

Home Sales Post A Rare Decline For May As Mortgage Rates Rise

Jun 20, 2022

Home buyers are facing mortgage rates near 6%. getty Home prices rose 1.5% month over month in May, their smallest increase of any May in Redfin’s records, which go back to 2012, according to a new report from Redfin, a technology-powered real estate brokerage. The housing market cooled considerably as mortgage rates climbed to their highest levels since 2009. Seasonally-adjusted home sales fell 3% month over month, their only May decline on record outside of 2020, when the start of the ...read more

Housing Market Is Set To Gain Momentum As Inventory Recovers

Jun 21, 2022

For many Americans, housing affordability will remain a significant obstacle as demand continues to ... [+] outmatch supply. Getty Images As rising inflation and mortgage rates bring housing demand back from the 2021 frenzy, Realtor.com’s updated 2022 forecast predicts inventory will grow double-digits over 2021 and offer buyers a better than expected chance to find a home. Home sales will hit the second-highest level in 15 years, trailing only the 2021 pace, as rising incomes combine ...read more

Re-Creation Of A 16th-Century French Chateau Is Actually In Arizona

Jun 22, 2022

More than an acre of grounds surround the chateau in the Arcadia area of Scottsdale, Arizona. RESTY It’s a true trompe l’oeil. This French chateau gives every impression of being set in Provence, a region of southeastern France known for ancient hilltop villages, lavender fields and rolling vineyards. And while the estate accurately reflects that heritage, it’s actually located across an ocean and some 5,800 miles away in the Arcadia neighborhood of Scottsdale, Arizona. The sh ...read more

$35 Million Argentina Wine Estate Produces 600,000 Bottles Annually

Jun 22, 2022

The vineyard estate is set in Mendoza, the heart of Argentina's wine country. Inmobiliaria Rimontgo The province of Mendoza is at the heart of Argentina’s viticulture. Centrally located along the country’s western border, it is separated from Chile by the Andes Mountains. The bucolic region produces fruit, vegetables and honey but is known worldwide for its vineyards. Argentina is among the leading wine producing countries in the world – joining in the top ranks are Italy, ...read more

What The Fed Interest Rate Hike Means For Home Buyers

Jun 23, 2022

An increase in housing supply will likely significantly slow home price growth. getty The Federal Reserve intensified its fight to cool inflation by launching the largest interest rate increase since 1994 and indicated it would do whatever it could to tame price hikes and bring down the cost of gas and food. The central bank of the United States agreed to a 0.75-percentage-point rate expansion at its two-day policy meeting that concluded Wednesday and anticipates that ongoing increases i ...read more

Areas Most At Risk Of Hurricane-Force Wind And Storm Surge Damage

Jun 23, 2022

Hurricane Ida caused catastrophic damage when it made landfall in southeastern Louisiana in August ... [+] 2021. Getty Images Data analytics provider CoreLogic has released its 2022 hurricane report, which analyzes storm surge and hurricane wind risk levels for single-family residences and multifamily residences along the Gulf and Atlantic Coasts. CoreLogic risk modeling data shows that nearly 7.8 million homes with more than $2.3 trillion in combined reconstruction cost value are at ri ...read more

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

Jun 25, 2022

The pandemic-fueled vacation home buying frenzy is beginning to fizzle. getty The sad thing about vacations is that no matter how much fun you’re having, they have to end. Just consider that demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years. Sky-high home prices and surging mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put the kibosh on the pandemic-driven vacation home boom. Mortgage ra ...read more

Celebrate Juneteenth From Sea To Shining Sea

Jun 25, 2022

Juneteenth celebrations are being held all across the country. Jason Cordes Photography Juneteenth, known as Freedom Day, Emancipation Day, Jubilee Day and Liberation Day, commemorates the day in 1865 when the federal army reached Texas to ensure that enslaved people in the state were freed. Union General Gordon Granger brought news of the end of the war and the Emancipation Proclamation, which had been signed more than two years earlier. He read a statement that said all enslaved people ...read more

Biden Administration Announces $365 Million In Funding To Address Unsheltered Homelessness

Jun 26, 2022

The Biden administration says it has a responsibility to ensure that homeless people have access to ... [+] decent, stable housing and services. AFP via Getty Images The Biden administration through the U.S. Department of Housing and Urban Development today released a first-of-its-kind package of resources to address unsheltered homelessness and homeless encampments, including funds set aside specifically to address homelessness in rural communities. The $365 million package includes gr ...read more

Walkability As The Ultimate Amenity For Luxury Homebuyers

Jun 26, 2022

Four Seasons Private Residences Nashville puts residents right in step with a highly walkable ... [+] environment convenient to all the distinctive charms offered by Music City. Four Seasons Private Residences Nashville In American suburbs spawned in the post-war era, sidewalks largely existed for show. Everyone drove everywhere; few would have been caught dead walking. In such a municipality, it was implausible you’d make a new acquaintance on the street, unless you exchanged names, ...read more

$6.5 Million Mountain Retreat Is Rare Inventory For Booming South Lake Tahoe Town

Jun 27, 2022

In Tahoe-Truckee's luxury market, the competition is fierce thanks to an influx of new homebuyers. Tahoe Mountain Realty With proximity to Lake Tahoe, world-class ski resorts and scenic parks, Truckee residents have long predicted that their sleepy, little town would continue to grow—what they didn't foresee was just how fast that change would come about. Endless year-round activities that the Tahoe area has to offer are a short drive away. Tahoe Mountain Realty While ...read more

Wellness Continues To Trend In New Residential Design Survey

Jun 27, 2022

Barns are the inspiration, and sometimes repurposed structures, for Barndo style. Brian Corrigan Photography © Houzz Leading design and remodeling platform Houzz published its 2022 Summer Survey today and it’s chock full of wellness-related design trends. The survey measures searches on its massive site in the first quarter of 2022, with comparisons to the same period last year. Searches don’t necessarily translate to 2022 sales, but indicate strong consumer interest that can show u ...read more

Falling House Prices And The Elections In 2022 And 2024

Jun 28, 2022

Falling house prices tend to be bad for incumbent politicians during reelections. Take, for example, George H. W. Bush. Vice President George H. W. Bush was elected president in a landslide in 1988. The U.S. housing market had been booming for years before that election. The Northeast boomed from 1986 to 1988, and California was also booming in 1988. Nationally, nominal house prices increased 14% in the 20 months from January 1987 until the election in November 1988, according to the SP CoreLog ...read more