Francesca Grace is a force to be reckoned with. The interior designer, stager, and reality star, who has appeared on HGTV’s Fix My Flip and Netflix’s Buying Beverly Hills is a true bon vivant, exuding genuine positive energy wherever she goes. Grace’s designs are also a breath of fresh air. While her staging work has
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What were 2022’s top trends with impacts on the wellness potential of our homes and housing markets? It’s worth noting them for their likely strength in the new year. Clearly, Covid is still playing a role in how homeowners choose to enhance their homes and how builders market them. Technology is also an ongoing and
Just the address, 3639 Diamond Head Road, speaks volumes. Like a designer label with high brand recognition, the landmark volcanic crater known as Diamond Head is a Hawaii destination that’s sought after, renowned and pricey. But unlike goods that can be reproduced, luxurious spots to live in this coveted location on Oahu are scarce. New
Cottagecore, cluttercore, and now comfortcore. These “core” trends have been popular in Gen Z and Millenial homes in recent years. So, will comfortcore be the biggest interior design trend in 2023? A recent survey of 2301 consumers from Wayfair UK and YouGov says “yes.” But do interior designers think this aesthetic will be equally popular
Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None
The story of New York real estate in 2022 was a tale of two markets. The year started in the best of times, as buyers signed record numbers of contracts in February and March. Then April rolled around, and the market began to shift. By fall, it seemed as if the worst of times had
Every style comes back sooner or later, they say, and this may well be the year we reawaken our passion for the early-20th century style called Art Nouveau. Popular between 1890 and 1910 during the Belle Epoque period, the short-lived style quickly became wildly popular as a reaction the academic art, eclecticism and historicism of
Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012. The luxury market and
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone. Brian Snyder | Reuters When Josh Hurwitz decided to put solar power on his Connecticut house, he had three big reasons: To cut his carbon footprint, to eventually store electricity in a solar-powered
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to see potential green shoots. Builder sentiment in the single-family housing market dropped 2 points to 31 in December on the National Association
This $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu. At 16,600 square feet, it’s the grandest single-structure residence in town and a whopping 4,100 square feet bigger than the next-largest home on the market. The Bali-inspired residence at 11870 Ellice Street, named the Kaizen House after a
A ‘For Rent’ sign in front of a building on December 06, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power. Rent growth in November slowed for the 10th
Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume, however, was still
Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines. Sales were down 35.4% year
Demand for rural properties has dropped in the U.K. Geography Photos / Contributor / Getty Images Demand for rural homes in Britain dropped as the pandemic trend of relocating to the countryside faded, according to real estate website Zoopla. Enquiries for properties in areas of Kent, known as the Garden of England for its rolling
The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two unconventional policy tools in the 2000s – large-scale asset purchases and forward guidance. Large-scale asset purchases refer to the Fed’s emergency buying of government debt
Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about the former Alameda Research co-CEO Sam Trabucco, and his whereabouts, as the guilty plea of Alameda’s former CEO Caroline Ellison
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately