Contemporary lighting designs all embody a combination of creativity, craft and innovation, but their looks can be all over the map. Nonetheless, at the recent International Contemporary Furniture Fair (ICFF), held May 19-21 at New York’s Javits Center, we did notice...
Nothing about this Broomfield, Colorado, 1980s bathroom was working for this single dad. So he searched Houzz for help and found interior designer Hope Pinc. The two browsed her website and Houzz for inspiration and so she could get a better sense of his preferences. “We selected materials...
The MIAMI Association of Realtors (MIAMI) is pleased to announce a new strategic partnership with THE WORLD PROPERTY JOURNAL (WPJ) to provide MIAMI members a series of discounted Member Benefit Services that include Real Estate News Feed Services for their own websites and Real Estate Press Release Posting Services via a cobranded MIAMI / WPJ page. Under the new partnership agreement, THE WORLD PROPERTY...
Based on new data by CBRE, Outstanding senior commercial real estate debt in Asia Pacific totals at least $257 billion, with a funding gap of $8.4 billion expected between 2024 and 2026. This is a much narrower gap than investors in the other major regions. The debt funding gap in Asia Pacific is relatively small, compared with Europe ($191.4 billion) and the U.S. ($157.3 billion), owing to the limited...
The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies that violate consumer laws, aiming to avoid recidivism trends. On Monday, the U.S. consumer financial watchdog announced that it finalized a rule establishing the new registry. It requires lenders caught violating consumer law to report certain final agency and court orders and...
As the U.S. and much of the world will have to reckon with a population that is growing older at a faster rate, governments are determining the best courses of action to deliver on age-related initiatives. To that end, the U.S. Department of Health and Human Services (HHS) has delivered a strategic framework for a national plan on aging. Released late last week, the framework includes what HHS calls the...
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. Released late last year, the study examined three core elements of HECM program effectiveness between 2000 and 2020. It was conducted by analytics firm SP...
MoxiWorks, a real estate technology platform for agents, announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Baur will remain on the company’s board of directors. Elfman will lead all aspects of the company. His focus will be ”improving the agent experience in MoxiWorks and accelerating the development of a modern platform for agents and...
Mortgage rates decided to bounce back into the 7s this week. We can see an impact in that immediately as home sales are slowing down. These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up. The most notable thing in the data this week is that, while home prices nationally are still holding a few percentage points higher...
A stunning Chateau-style French estate near Dallas has hit the market for $5.5 million, reminding us that not only is everything bigger in Texas but also that your dollar stretches further in the Lone Star State. Located at 6168 Beverly Drive in Frisco, TX, this magnificent home offers well over 10,000 square feet of living space and stately interiors, with a level of luxury that would command prices...
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