You crack open your laptop, type in a zip code and are looking at a six-figure home price that would have been considered impossible only ten years ago. Welcome to America's housing reality. Not only are the most expensive cities in the US expensive, but they are transforming who is able to live where, reforming careers, and forcing millions of households to make vicious financial trade-offs. The...
You've seen the glossy renders. Glass to the ceiling, views of panoramic city, a rooftop pool that makes it look like it is in Dubai. The apartment life in high-rise buildings has come to be a shortcut to a certain type of aspiration - urban, high-rise, easily contemporary. However, the brochure form of vertical living and the experienced reality can deviate in a surprising way even to the experienced...
Naples, Florida is the new “quiet luxury” capital of America as it provides privacy, peace, and natural beauty rather than the flamboyant life that is offered by Miami to its luxury home purchasers. The price of its luxury homes has escalated but it has maintained a low profile and low density with intense privacy—a dream destination for the private customers!Imagine a destination where billionaires...
Property tax and real estate tax are actually the same thing. This type of taxation applies to your property such as your house, land, or rentals. While the IRS prefers the use of the term "real estate tax," the term that is more popularly used by many people is "property tax."Ever got confused looking at your tax forms or mortgage papers? Well, don’t worry; the terms "property tax" and "real estate tax"...
This week saw a slight fall in the mortgage rates, thus providing some breathing room to American citizens who are dealing with a very costly housing market. According to the article, the rate for the 30-year fixed mortgage fell to 6.47% for the week ending June 18, compared to 6.52% in the previous week. Although the difference is insignificant, it counts in a very sensitive market.It seems like the...