Nashville skyline at dusk. John Greim | LightRocket | Getty Images Over the past 30 years, Nashville, Tennessee — a city known for country music — has seen a flood of transplants moving from higher-cost cities. For new residents, “everybody has a different story,” said Jeff Hite, chief economic development officer of the Nashville Area
Month: November 2023
Twin Rivers Farm could break records as Tennessee’s priciest home if it fetches its $65 million asking price. The property is located just 30 miles southwest of Nashville in the suburb of Leipers Fork, known for attracting high-net-worth individuals and celebrities such as Justin Timberlake and Nicole Kidman. “It’s one of the most significant real
Former US President Donald Trump arrives back from a break at New York Supreme Court during his civil fraud trial on November 6, 2023 in New York City. Adam Gray | AFP | Getty Images The financial watchdog overseeing the Trump Organization informed a New York judge on Wednesday about $40 million in cash transfers
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Mortgage rates fell last week for the fourth time in five weeks, and homebuyers appear to be responding. Demand from current homeowners to refinance, however, fell sharply. That left total mortgage application volume essentially flat last week, up just
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Higher mortgage rates appear to be doing very little to cool home prices. Nationally, prices were 3.9% higher in September compared with the same month a year earlier, up from a 2.5% annual gain in August, according to the
Sales of new US single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability, but the housing segment remains supported by a persistent shortage of previously owned properties on the market. New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. September’s sales pace was revised lower to
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates make affordability difficult. The term “house hacking” refers to the practice of renting out a portion of your home or
Visoot Uthairam | Moment | Getty Images There is more pain to come in the office real estate market across the U.S., with maturing debt needing to be refinanced and a wave of expiring leases, but there is also what may seem at first brush to be a counter-intuitive message being sent to top tier
This looks like a good fit for FiDi: Health-club chain Fitness International signed one of the year’s biggest retail leases at AmTrust RE’s 58 Maiden Lane — a three-level, 36,650 square-foot home for a new “Club Studio” concept. The club will provide “next-level” amenities and boutique fitness classes together in a single, state-of-the-art facility — including
Ever ride the Cyclone in a snowstorm? Could happen. For well over a century, Brooklyn’s Coney Island has been a popular warm weather escape from New York’s concrete jungle. Now, the seaside carnival of fun is set to continue well into the cold months, as the 120-year-old destination announces a new, extended season. “We are
Racing ace Sir Lewis Hamilton — a seven-time Formula 1 winner — is looking for a West Coast home to add to his global real estate portfolio, which runs from Monaco and Geneva to London and the Big Apple. Hamilton owns a skypad at 70 Vestry, where Tom Brady owns a unit; Bill Gates’ daughter Jennifer and
Move over, Malibu Dream House — there’s a new pink paradise in town. Meet Hannah Dahl, the 28-year-old interior designer and self-professed lover of all things pink, who transformed her home into an 80s Barbie-themed wonderland that would make the iconic doll blush. “I put my heart and soul into it,” Dahl told South West
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio, U.S. Bloomberg | Bloomberg | Getty Images Mortgage demand is finally crawling out of the basement as interest rates continue to move lower. Total application volume increased 3% last week from the previous week, according to the
A new section of an important historic burial site beneath Vatican City is open to the public for the first time. The Necropolis of Via Triumphalis offers visitors a look at how the ancient Romans buried their dead. Starting earlier this month, the Vatican’s museums network began offering guided tours, leaving from the Santa Rosa
Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year.
Sales of previously occupied US homes slumped in October to their slowest pace in more than 13 years as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines. Existing home sales fell 4.1% last month from September to a seasonally adjusted annual rate of 3.79 million, the National Association of Realtors said Tuesday.
In this article 1918-HK Follow your favorite stocksCREATE FREE ACCOUNT A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said on Thursday it doesn’t expect to make payments coming due on other
The prominent restaurant space on the West 50th Street side of Rockefeller Group’s 1271 Sixth Ave., which fell vacant when the pandemic crushed Le Pain Quotidien there in 2020, has a new, fine-dining tenant. Costeño Group, which operates dozens of celebrated, high-end and casual restaurants in Mexico and Madrid, Spain, just signed for over 8,000 square feet — half at ground
The so-called “flight to quality” is more accurately a stampede, as another defection from a traditional Midtown corridor to the far West Side demonstrates. The latest to leave a mid-20th Century office tower for a brand-new, highly amenitized one is Spanish financial services firm BBVA. The bank signed for 74,000 square feet at Brookfield’s Two Manhattan
He went from having an “Entourage” of A-Listers to a pet posse with a goat, llama and donkey. Adrian Grenier left the bright lights of Hollywood and his hometown Big Apple to live on a 46-acre ranch in Austin, Tex., which will be featured on MTV’s “Cribs” on Nov. 22. The Post got an exclusive peek
Former US president Donald Trump leaves the court room of the State Supreme court on the first day of his civil fraud trial on October 2, 2023 in New York City. Kena Betancur | AFP | Getty Images A New York judge on Friday denied a request by Donald Trump and his co-defendants for a
Behold: Jasper Johns’ secret artistic hideaway! Now a Stony Point, NY, property in Rockland County — once home to America’s greatest living artist — is back on the market for $750,000. The charming two-bedroom, one-bath home — a converted post-and-beam barn plus an addition, including a studio, built by Johns — sits on 1.29 wooded
He’s everywhere! Samuel L. Jackson is the most prolific actor of his generation and one of, if not the, top-grossing film stars of all time — $30 billion in revenue generated to date and counting. The “Secret Invasion” star’s hits run from “Pulp Fiction” to “Captain Marvel,” “The Avengers,“ “Jurassic Park,” “Do the Right Thing,” “Goodfellas,” “Patriot Games” and a handful of “Star Wars” spin-offs. Most recently, Elon Musk’s Neuralink brain
High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
“The Morning Show” star Reese Witherspoon’s 20-year-old son, Deacon Phillippe, found himself at the center of social media uproar after offering a glimpse of his upscale college apartment in New York City. In a tour that unveiled spacious rooms, high ceilings and a unique spiral staircase, the New York University student casually acknowledged paying “West
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023. Fatih Akta | Anadolu Agency | Getty Images Donald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the $250 million civil business fraud case
A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building 400,000 new homes a year, even before he become chancellor. Fast forward two years, and German housebuilding looks like it’s collapsing, putting pressure on both
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images The average rate on the 30-year mortgage fell 18 basis points to 7.40% on Tuesday, according to Mortgage News Daily, as Wall Street lowered its
Sweets are out, shades and shutters are in at 1011 Third Avenue at East 60th Street. Canadian-based interior products chain Blinds to Go just signed a lease to replace Dylan’s Candy Bar, which closed two years ago. The 15-year deal is notable due to its size (more than 11,000 square feet on three levels) and prime