Residents of Adams Morgan enjoy a bevy of bars, restaurants, exercise studios and shopping, just steps from their row houses and condo buildings. Home values are reasonable relative to neighborhood incomes. And in general, the area schools rate as better than average nationally.
Across the country, just 14 percent of neighborhoods manage to be at once affordably priced, walkable and near decent schools. And many of those neighborhoods exist in only two cities: Washington and Seattle, according to a new analysis released Wednesday by the real estate brokerage Redfin.
PUBLISHED: 08:22 EST, 18 January 2016 | UPDATED: 16:02 EST, 18 January 2016
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That’s the forecast that David Crowe, chief economist for the National Association of Home Builders, delivered Tuesday during a panel of economists at the trade association’s latest industry convention in Las Vegas.
Located in Castellina, in Chianti, Italy, this is actually a marvelous castle that you could actually buy. Yes, it’s old, sturdy, as well as impressive, and with 115 bedrooms and 100 bathrooms on offer, this property looks more like a hotel, than one’s private house, with a massive living area of up to 14,320 m2/ 154,139 Sq Ft..
MAINE HOME SALES AND VALUES UP in NOVEMBER, 2015: In a press release to the media today (December 22, 2015), home sales increased 22.68% comparing November 2015 to November 2014. The median sales price (MSP) was $180,000 a 4.35% increase in that same time period. NAR reports home sales decreased while prices increased nationally. For the northeast, sales and prices were up comparing November 2015 to November 2014. For the complete report, Click Here.
Published: Dec 7, 2015 2:51 p.m. ET
Ever wanted to buy a home with 11 fireplaces, 12 bathrooms and two "staff wings”? The price tag, which started out at $135 million, is now $100 million. This property is on 25 acres in one of the most prestigious areas in Dallas, Preston Hollow. Preston Hollow is home to such billionaires as Kelcy Warren, Ross Perot, Mark Cuban and a handful of other notables.
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The Ritz-Carlton Residences won't been the only mouthwatering luxury homes in Florida's Sunny Isles Beach when they open. The US city will also be home to the Jade Signature tower. Designed by Herzog and de Meuron, its residences range in price from US$4-30 million.
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Making the leap from renter to owner is no small feat, but in some American cities, it's especially difficult. For example, to buy a home in the metropolis of San Francisco, one would need a salary of $153,000 a year. The housing market is equally prohibitive in other cities as well.
Read on to see the salary you would need in the country's other major metropolitan areas—assuming you make a 20 percent down payment and qualify for a 30-year fixed rate mortgage, according to mortgage website HSH.com. For the full article in its original format please click This is the Salary You Need to Buy a House in 12 U. S. Cities.
A FLURRY OF SKYSCRAPERS IS PLANNED FOR NYC. UNLESS YOU HAVE MILLIONS TO DROP ON A HIGH-RISE PENTHOUSE, PREPARE FOR IMMINENT DARKNESS.
New York City is in a real estate frenzy. In Manhattan, the skyline is rising higher and higher thanks to forthcoming projects by some of architecture's biggest names: Rafael Viñoly, Bjarke Ingels, SHoP, and Herzog and de Meuron, among others. Across the river in Brooklyn, a similar fleet of towering buildings is taking shape. One thing's certain: the streets of NYC are sure to get a heck of a lot darker.
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November 11, 2015: We grow up and fly the nest. We meet that special someone and start a family. We work hard and save up and look to turn our sweat and success into something tangible and lasting. The paths we take in life so often lead to a common crossroads, where you look up ahead and can see yourself becoming a proud homeowner.
Yet for many of us, we arrive at this intersection feeling like proverbial spring chickens, inexperienced and unsure how to cross. What now?
Published: Sept 30, 2015 5:00 a.m. ET
CFPB’s “Know Before You Owe” gives consumers more time to review loan documents
After being delayed all summer, a new rule from the Consumer Financial Protection Bureau will go into effect on Oct. 3 that will require banks to give consumers more time to review loan documents. But lenders are still warning that the new rules could slow down the time needed to close by at least a week — and won’t sort itself out for several months.
by Jeff Yeager, July 15, 2015 | Comments: 113
Consider making this decision as soon the kids are gone rather than when you're ready to retire. Even if your home is already paid for, there are still significant costs in owning more space than you really need, including taxes, utilities, insurance and repairs. Plus, it will force you to downsize other belongings, too. You'll also have an excuse for why the kids can't move back in with you later! — Istock
Click here for the full slideshow of 12 Things to Ditch As You're Downsizing.
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