A Hallmark Channel screenwriter shares her secret for prevailing over all-cash offers: “Maybe what I do for a living gave me a little bit of an advantage.”
At Home with Nina Weinman
A Hallmark Channel screenwriter shares her secret for prevailing over all-cash offers. “What I do for a living gave me a little bit of an advantage.”
At Home with Nina Weinman
A Hallmark Channel screenwriter shares her secret for prevailing over all-cash offers. “What I do for a living gave me a little bit of an advantage.”
They Thought They’d Found the Perfect New York Loft. It Was Illegal.
Tenants of a Bronx building have been displaced since the city ordered them to vacate. They want the landlord to make repairs and for their loft apartments to be legalized.
$3 Million Homes in California
A Gaudí-inspired retreat with a guesthouse in Santa Barbara, a 1926 Tudor Revival home in Los Angeles and a renovated midcentury house in San Francisco.
How Do I Make My Building Turn on the Heat (or Turn It Up)?
New York City requires building owners to provide heat between Oct. 1 and May 31.
Owner of Chelsea Piers Lists His Upper West Side Townhouse
Roland W. Betts and his wife, Lois Betts, are asking $9.5 million for their home on West 102nd Street, where Eleanor Roosevelt’s father once lived.
What the Landmark Real Estate Lawsuit Verdict Means for Realtors
A recent ruling has the potential to transform the way Americans buy and sell homes — and many real estate agents are feeling a sense of foreboding.
His Architect Said the Site Was No Good, So He Built the Project Himself
The South Korean ceramist Hun-Chung Lee taught himself design and construction, creating a collection of small buildings as impressive as his artwork.
She Wanted a New House in a New City. What Would $400,000 Buy in Colorado?
After the pandemic derailed her plans for a life in New Mexico, a retired schoolteacher ‘was ready to go back home’ to Colorado. But Denver and Boulder were too expensive.
Tired of Waiting to Buy, They Redesigned Their Brooklyn Rental
In the process, a family discovered the joy of living in the present — and how much you can do to personalize a home that you may not be in forever.
Homes for Sale in Manhattan and Brooklyn
This week’s properties are on the Upper West Side, in Manhattan Valley and in Cobble Hill.
Homes for Sale in Manhattan and Brooklyn
This week’s properties are on the Upper West Side, in Manhattan Valley and in Cobble Hill.
Where Are the Country’s Hottest Rental Markets?
With higher interest rates keeping potential buyers in the rental market, Queens and the Bronx are seeing more rental activity.
She Wanted a New House in a New City. What Would $400,000 Buy in Colorado?
After the pandemic derailed her plans for a life in New Mexico, a retired schoolteacher ‘was ready to go back home’ to Colorado. But Denver and Boulder were too expensive.
$1.8 Million Homes in New York, Tennessee and Colorado
A modern retreat in Tivoli, a late 19th-century Shingle Style house in Signal Mountain and an 1891 limestone home in Denver.
Searching for a Home: Test Your Knowledge
Are you familiar with the essentials of a home search? Take our quiz.
$1.6 Million Homes in California
A Victorian cottage in Little River, a three-bedroom bungalow with a guesthouse in Los Angeles and a renovated 1913 home in Berkeley.
What to do in Denver in November 2023
November events and fun!
November 11th-19th: Denver Fashion Week Fall 2023
“Denver Fashion Week (DFW) is Colorado’s largest fashion showcase featuring emerging designers, local boutiques, national brands, hairstylists, makeup artists, and models.
Denver Real Estate News – November 2023
LOCAL MARKET UPDATE
Navigating Turbulent Mortgage Rates in Denver
Denver’s real estate landscape is witnessing significant shifts amidst a challenging interest rate environment. A 20% decrease in sales in September from the month prior, coupled with a substantial rise in mortgage rates to an average of 8.04% as of 10/25, has marked a period of slowdown and uncertainty.
Despite these hurdles, September showed surprising resilience with an 11.2% increase in Active Listings from August, though housing inventory levels remain well below the 50-year average. Home prices continue to showcase their strength, with single-family homes holding a median price of $640,000 and condos & townhomes at $420,000. However, sellers are experiencing a longer time on the market – now averaging 30 days.
This dynamic is creating a nuanced market with sellers still in a favorable position. Despite this, the rising mortgage rates are having a noticeable impact, with new mortgage application activity plunging to a 28-year low, as reported by the Mortgage Bankers Association. Homebuying affordability is being significantly challenged, with 30-year-fixed-rate mortgages passing the 8% mark, making borrowing increasingly difficult for potential buyers.