Thursday, 29 October, 2020

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Video of the Week: Take a Virtual Tour of a One-of-a-Kind Penthouse in Durham, North Carolina – Sotheby´s International Realty | Blog

10/28/2020 Erik Weinbrecht

Featuring curated videos from the most sought-after destinations the world over, discover this  week’s Video of the Week.  Working with the 1920s-era structure’s impressive “bones” of steel and concrete, bricks and mortar, a stellar design team has created not only an extraordinary living space, but also a work of art. No expense has been spared during its metamorphosis from once Read more…

Inside a Remarkable Upper East Side Townhouse – Sotheby´s International Realty | Blog

10/27/2020 sothebysrealty

Along one of the storied streets of Manhattan’s Upper East Side, this stately five-bedroom townhouse stands as a stalwart example of the traditions and regal refinement for which its historic neighborhood is known and beloved. Spanning an impressive five levels, the 8,310-square-foot interiors conjure the elegance of a bygone era, with richly hued hardwood floors, classical wall treatments, detailed moldings Read more…

How to Carve the Best Pumpkin on the Block

10/16/2020 Amy Dobson

To ensure your jack-o’-lantern is primed for Halloween, follow these tips. While Halloween may look a little different this year, there’s no reason you can’t still have an amazing outdoor display. If you’re not interested in shelling out big bucks for a 12 foot animatronic skeleton, or if your style is more autumn chic than gothic gore, you have plenty Read more…

Regain Your Garage: Simple Tricks for Getting Organized

09/10/2020 Amy Dobson

A thoughtful approach to garage storage makes the most of this valuable space and keeps every necessity at your fingertips. If your house is bursting at the seams, or simply short on storage options, the solution may be as close as your garage. To make the best use of this space, however, you first need to corral its current chaos. Read more…

The Growing Importance Of The Home For Young Consumers

10/04/2020 Charles Taylor

More young consumers are enjoying their time at home. getty A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces as mental health retreats, at-home Read more…

The City Center Recession—And The Resilience Of Suburban America

Gad Levanon

Getty Images The entire drop in hiring activity in the US the beginning of the pandemic occurred in the principal cities of large metro areas, according to online jobs data. In the rest of the country, hiring activity is now above pre-pandemic levels. This city-center recession is likely to have long-term implications for business geography. I argued in June that Read more…

Mortgage refinances see slight boost thanks to drop in rates

10/28/2020 CNBC Real Estate

© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by

Homebuyer demand may have peaked as mortgage applications eke out a weekly gain

CNBC Real Estate

Homebuyer demand had mortgage lenders incredibly busy over the summer, but that may have peaked. Mortgage applications to purchase a home, which had fallen for four straight weeks, were essentially flat last week, rising just 0.2%, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinances helped to push total mortgage application volume up 1.7% last week compared with the Read more…

Mortgage Apps Steady; Forbearances Drop Under 6%

10/21/2020 Real Estate News

The Mortgage Bankers Association (MBA) says there was little change in mortgage application activity during the week ended October 16. MBA’s Market Composite Index, a measure of mortgage loan application volume, dipped 0.6 percent from the prior week on a seasonally adjusted basis and was down 1.0 percent unadjusted. Refinancing was also flat. The Refinance Index increased 0.2 percent from Read more…

MBS Day Ahead: It’s Gentle, But It Hurts

Real Estate News

There have been reasons to fear a momentum shift in bonds for several weeks now.  Here’s how we discussed it at the beginning of October: “It’s never a bad idea to consider risks on the road ahead–especially when things start deteriorating at the beginning of the month. We often see a shift in momentum with a new month when the Read more…

Toronto and Vancouver Condos Were Still Popular With Non-Resident Buyers | Better Dwelling

10/28/2020 Daniel Wong

Greater Toronto and Vancouver real estate was still popular with non-resident buyers, according to ownership data. Statistics Canada (Stat Can) data shows non-resident ownership increased in 2019. For the most part, it scaled higher with new supply. However, a breakdown shows ownership is becoming more concentrated in newer condos. In Vancouver, over 1 in 10 newly completed condo apartments were Read more…

Canadian Real Estate Price Increases May Be Solely Due To The Bank of Canada | Better Dwelling

10/27/2020 Stephen Punwasi

Canadian real estate prices made huge gains, and they may all be due to cheap financing. Bank of Canada (BoC) data shows mortgage interest rates fell sharply over the past year. This boosted homebuyer budgets significantly, without increasing the size of payments. Coincidentally, the amount those budgets rose is in line with how much home prices increased. BoC Estimates Mortgage Read more…