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  • ‘Dr. Barbie’ lists posh Park Ave. ‘dreamhouse’ for $14.5M
    Top dermatologist Gervaise Gerstner — dubbed Dr. Barbie by some of her high-profile clients, which include actress Stephanie March — is listing her posh Park Avenue pad for $14.49 million. While the five-bedroom residence doesn’t have its own mini-med spa, it does feature interiors by renowned AD100 designer Sara Story. The full-floor prewar condo at 823 Park Ave. —...
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  • ‘The Jinx’ killer Robert Durst’s widow hosted star L.A. prosecutor for overnight stay in her $15M Bridgehampton mansion
    The final scene of “The Jinx: Part Two” docuseries finale, which aired on Sunday, shows stunning views of a lavish beachfront mansion, meant to represent the Hamptons home of killer Robert Durst‘s widow, Debrah Lee Charatan. The series, which chronicles the California murder prosecution of New York real estate scion Durst, uses Charatan’s Bridgehampton mansion,...
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  • 36% of Americans think real estate is the best long-term investment. Here’s the easiest way to get started
    Some Americans believe that real estate is the best long-term investment. If you’re among them, real estate investment trusts, or REITs, might be the easiest way to tap the market.  About 36% of surveyed Americans ranked real estate as the top long-term investment, more than cited stocks or mutual funds (22%), gold (18%), and savings accounts or certificates of deposits (13%),...
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  • 37% of Americans paid a late fee in the last 12 months, report finds
    Blackcat | E+ | Getty Images Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been charged a late fee on some kind of bill in the last 12 months, according to a new report by NerdWallet. Credit card late fees were the most common, with 21% of survey respondents incurring at least one. Others had been charged late fees on utility...
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  • 5 states where homebuyers could save more than $100K by comparison shopping for a mortgage
    For many prospective homebuyers, high mortgage rates are putting a damper on the dream of homeownership. However, a new study suggests that many borrowers are missing out on huge savings by failing to comparison shop among different mortgage lenders. The LendingTree analysis suggests that the average borrower could save $76,410 over the life of a 30-year loan by shopping around for...
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  • A 20% down payment is ‘definitely not required’ to buy a house, economist says. Here’s how much you need
    Phynart Studio | E+ | Getty Images Coming up with the down payment as an aspiring homeowner can be a daunting task. Many have already begun working toward that goal. About 77% of future homebuyers have started putting money aside for a down payment, according to a new survey by Clever.com, a housing and real estate research site. More than half (57%) of potential buyers plan to...
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  • A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
    A new home is marked sold at a subdivision called Pintail Commons by Landsea Homes in Johnstown, Colorado on June 10, 2024.  RJ Sangosti | MediaNews Group | Denver Post | Getty Images Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16% compared with the previous week, according to the Mortgage Bankers Association’s...
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  • America’s top 10 buyer’s markets—where you can still land a bargain below the asking price
    Buyers face a tough housing market these days: With listing prices hovering at $430,000 and mortgage interest rates near 7%, the cards seem to be stacked against them. But not all markets are equally daunting. In fact, some are bona fide buyer’s markets where cash-strapped home shoppers can snag a bargain. So where are these hidden paradises where buyers have a leg up? To help,...
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  • Asia’s top 4 up-and-coming rental markets that may be challenging traditional property hubs
    Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty Images Singapore and Hong Kong are generally considered Asia’s more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even beating them on rental yields....
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  • Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market
    An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images After a weaker-than-expected spring housing market, summer looks no better. High home prices continue to rise, mortgage rates aren’t coming off recent highs, and consumers are unimpressed by the small increase in home listings....
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  • Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that
    The original house used in the “Home Alone” movies on Nov. 8, 2021. Erin Hooley/Chicago Tribune/Tribune News Service via Getty Images An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree. However, that premium is hard to quantify since some uber-wealthy buyers will pay almost anything to own a piece of pop culture,...
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  • China’s sweeping measures to prop up the property sector will need time to show results
    A real estate construction site in Wanxiang City, Huai ‘an City, East China’s Jiangsu province, May 17, 2024.  Future Publishing | Future Publishing | Getty Images BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts said. Despite the news, S&P is still sticking to its base case from...
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  • Competition in the housing market is cooling off. Here’s why
    Goodboy Picture Company | E+ | Getty Images More homeowners are listing their homes for sale — but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to the latest market report by Zillow. “You have an increase in sellers coming back on the...
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  • Daniel Daggers of ‘Buying London’ its ‘Gold Standard’ UK real estate against U.S. market
    If you’ve already binged “Selling Sunset” and “Selling the OC,” you can keep calm and carry on watching Netflix’s next foray into real estate reality TV, “Buying London.” The United Kingdom–based series, premiering on Wednesday, stars real estate adviser Daniel Daggers and a...
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  • Denver’s business boom has created labor and housing shortages
    The city of Denver, Colorado, has undergone notable growth as skilled professionals and businesses move into the state that prides itself on 300 days of sunshine. “There’s both a homegrown component of creation happening and a real magnet effect of people looking for the quality of life they want in a city. And I don’t think any place checks as many boxes as Denver...
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  • Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
    A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an estimated 1.5 billion dirhams ($408 million). The sprawling, glitzy shopping complex in...
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