Houses of this period, whether single-family or multifamily units, are hitting the market all across the country. Construction methods and materials, mechanical, windows and design features require updating and renovation to meet the needs of today's buyers.
NAR: New Fannie and Freddie mortgage fees will hit middle class
Mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases.
DC Townhouse Linked to Fallen FTX Founder Sam Bankman-Fried Is Listed for $3.3M
What a difference a few months makes.
Since the implosion and bankruptcy filing of the cryptocurrency exchange FTX in November, its founder Sam Bankman-Fried has experienced some dramatic life changes—as have those closest to him.
A prime example? The listing of a townhouse in Washington, DC, that was purchased in April 2022 by Guardians Against Pandemics, a nonprofit group partly funded by Bankman-Fried and run by his brother, Gabe. The asking price is $3,289,000—the exact sum that was paid for the place less than a year ago.
The posh 4,100-square-foot home was reportedly purchased to serve as a DC base for the FTX crew to wine and dine the political elite. But now it’s time to cut losses, which is why the four-bedroom, 4.5-bath brick home—just a stone’s throw from the U.S. Capitol—is up for grabs.
Take a Chance on Cheese: Washington Creamery and Farm Available for $5.9M
If your next life chapter includes making some serious cheese, the owners of Samish Bay Cheese have the perfect opportunity for you.
This certified-organic creamery in Bow, WA, includes a cow herd, a retail shop, a contract with an organic-milk supplier, plus cheese-making equipment. And it can all be yours for $5.9 million.
Owners Roger and Suzanne Wechsler are retiring but will stay on to help a new owner get started, says listing agent Kristal Grimstead, of Compass Bellingham.
Samish Bay’s current portfolio includes 12 fresh cheeses and five aged varieties, along with whole-milk and Greek yogurt offerings. Folks drawn to the inner workings of curds and whey can reap what the Wechslers have already built.
Homeowners Reveal Their Top 5 (Doable!) Home Projects for the New Year
Every homeowner has some project to tackle. When you own a home, there’s always seemingly something that needs fixing, zhuzhing, or general improvement.
Sometimes these projects (full-kitchen remodel, anyone?) can seem downright overwhelming. And that sense of the impossible can lead to project paralysis.
So we polled homeowners on what small, doable home improvements they want to tackle this year to help inspire you to take on one of your more manageable projects. Read on for what fellow homeowners are planning to accomplish in 2023 (plus bonus info on how to get each job done).
1. Create a workstation (finally!)
When it comes to creating a home office is to stock all the office furniture so it feels like an office.Getty Images
Coldwell Banker reportedly closing offices in Chicago
The move follows layoffs by parent company Anywhere, which said the company would be looking for more ways to cut costs, including office space.
5 Storybook Cottages That Are Too Cute—and Affordable—To Pass Up
Storybook cottages are what dreams are made of, with their eye-catching, romantic style.
While the darling exteriors might seem like they belong in a Disney movie, the interiors boast many unique features.
So, what exactly is a storybook house?
These quaint cottages were designed to look like something found in a fairy tale—and are most identified by their whimsical, deeply pitched roofs. The exterior is typically made of brick or stucco to give it a historic, distressed look that stands the test of time. Often, the landscaping is also intentionally overgrown to give it an enchanted appeal.
Home prices are looking softer to Fannie Mae economists
With a recession looking increasingly likely, Fannie Mae economists expect national home prices to fall 6.7 percent over the next two years.
Inside Real Estate acquires industry competitor BoomTown
In what could be described as the most significant proptech acquisition since Zillow purchased ShowingTime, the resulting company will boast 700 employees and a massive range of customers.
Christina Hall Unveils a Whole New Home Style on ‘Christina in the Country’
Christina Hall is famed for her California coastal chic style on her show “Christina on the Coast.” But in her new series, “Christina in the Country,” the designer is expanding to Tennessee—and showing off an entirely new look.
In the premiere episode, “Diamond in the Rough,” Hall helps clients Nick and Kristen renovate their kitchen. While Kristen has been slowly updating the Franklin, TN, home over the years with contemporary colors and furnishings, she’s left the kitchen unchanged.
“When you walk in, the house looks super cute,” Hall observes. “Like, it feels very country chic. It’s very calming and soothing. And then you come in here, and you feel like you’re in literally a totally different house. It’s orangey and straight out of the ’90s.”
Kristen agrees, saying the dated colors in the kitchen look like “a really bad spray tan.”
Hilton & Hyland taps David Kramer to succeed Jeff Hyland as president
Kramer has been with the luxury boutique firm since 2005 and is one of Hilton & Hyland's top producers. He succeeds the late Jeff Hyland, who died of cancer nearly a year ago.
Inman’s Top 5 stories for the week of Jan. 13-19, 2023
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 13-19, 2023.
Jonathan Klein: ‘Proptech is everyone’s friend’
In advance of his appearance at Inman Connect New York on Jan. 24-26, the founder of PropTech Consulting busts myths about this burgeoning area of the real estate industry.
RE/MAX rolls out MAX/Tech platform powered by kvCORE
MAX/Tech powered by kvCORE is a new, nationwide marketing and business technology solution for RE/MAX offices, teams and agents, the company announced Thursday.
U.S. Existing-Home Sales Fall for the Eleventh Straight Month in December
The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.02 million in December, the National Association of Realtors said Friday.
This is the 11th straight monthly decline in existing-home sales. The losing streak is the longest since NAR began tracking sales in 1999.
Economists polled by the Wall Street Journal were expecting existing-home sales to drop to 3.95 million.
The level of sales activity was lowest since November 2010, in the midst of the foreclosure crisis in America.
Alexanders partner with top Compass agent for LA expansion
Tal and Oren Alexander are expanding to Los Angeles, and they've recruited top agent Tyrone McKillen to lead their office, according to an announcement Thursday on Instagram.
Oppenheim Group’s ‘Selling the OC’ renewed for 2 more seasons
Production for the next season of the real estate reality TV show is reportedly scheduled to begin sometime this winter.
Slew of Lansing area teams moves from Coldwell Banker to RE/MAX
Four teams previously affiliated with Coldwell Banker Hubell BriarWood in Lansing, Michigan, have moved to RE/MAX Real Estate Professionals Okemos since December representing about 20 real estate agents and staff and nearly $150 million in average annual sales volume.
Existing-home sales dip for 11th month, but NAR sees light ahead
Existing-home sales fell 1.5 percent nationally between November and December while plunging 34 percent from December 2021, according to data released Friday by the National Association of Realtors.
‘Dance Moms’ Star Abby Lee Miller Cues Up Her $400K Florida Home for Sale
Not long ago, Abby Lee Miller was a popular reality TV star on “Dance Moms,” which ran for seven seasons on Lifetime and even birthed a few spinoffs for the network.
But today, the media personality is looking to part with her Davenport, FL, home for $399,999. The listing comes on the heels of the sale of her Pennsylvania dance studio late last year.
The dance instructor, who served a prison sentence for felony bankruptcy fraud, might be looking to secure some quick cash with the sale of her Davenport home, which she purchased in 2005 for $243,000, according to property records.
The home was built in 2001.Realtor.com