Rapti Gupta
Millennials - people aged between 18 and 34 years - are perhaps the most talked about generation right now. They are supposedly shaping everything, right from the economy to the housing market. These guys are everywhere. Considering the buzz surrounding the Generation Y, Redfin released two back-to-back reports on the demographic. US Singleton Upsurge Could Boost Demand for Rental Units - Report
As more than half of the American population is now single, what implications could it have on real estate? According to a new report, the considerable shift in demographic could mean increased demand in rental units across the country. US Mortgage Rates Inch Up Slightly, While Applications Hit New Lows
Mortgage rates in the United States inched up slightly in the week ended Sept. 10, 2014, according to Freddie Mac's weekly primary mortgage market survey. But, mortgage applications declined to their lowest since December 2000. US Foreclosure Activity Up 7 Percent in August, RealtyTrac
Foreclosure activity in the United States ticked up seven percent in August, according to property intelligence firm's RealtyTrac's latest market report. Real Housewife Teresa Giudice Looks to Sell New Jersey Home Before Prison Time
Teresa Giudice, one of the cast members of "Real Housewives of New Jersey", has reportedly listed her home in Towaco, N.J., for $3.99 million. News of the listing comes just days after she pled guilty to fraud with her husband Joe Giudice. Architect Richard Landry Sells Malibu Barn-House for $8.3 Million
Famed architect Richard Landry has unloaded his home in Malibu, Fla., for $8.3 million. Famed architect Richard Landry has unloaded his home in Malibu, Fla. Raiders’ Matt Schaub Discounts Houston Home’s Price to $4.09 Million
Matt Schaub, the quarterback for NFL team "Oakland Raiders", has reportedly given his home in Houston, Texas, a price chop listing it at $4.09 million. Crowdfunding – The Latest Trend in Real Estate
Crowdfunding - "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet" - has become quite popular of late. The industry has come a long way since its start in 2003 and according to Forbes, grew $5.1 billion in 2013. Anything and everything you can imagine is being crowdfunded now - including air fares! Therefore, it wasn't long that the investing trend would creep into real estate. Generation Z Wants to Own Homes More Than Anything, Study
The current state of the housing market may not paint a very bright picture on homeownership, but that isn't stopping the future generation from dreaming about having their own house a few years down the line. Vincent Kartheiser Reduces Price of Los Angeles Bachelor Pad to $749,000
Vincent Kartheiser, who played "Pete Campbell" in the AMC hit series "Mad Men", has reportedly given his home in Lexington Ave, Los Angeles, a pricechopper to list it at $749,000. Vicki Gunvalson Discounts Coto De Caza Home Price to $2.7 Million
Vicki Gunvalson, one of the famous housewives of the Bravo reality show "Real Housewives of Orange County", has reportedly dropped the price of the Coto De Caza, Calif., home listing it for $2.7 million. January Jones Sells Los Feliz Home for $1.37 Million
January Jones, the "Mad Men" actress, has reportedly sold her home in Los Feliz, Los Angeles for $1.37 million. Apple Stores Good For Your Neighborhood
An apple a day may or may not keep the doctor away; but an Apple Inc. store in your neighborhood is definitely good for your community. Why Americans Still Prefer to Rent Than Buy
Despite the fact that home price gains have relatively slowed and mortgage rates are at record lows, a large number of Americans continue to rent homes rather than buy one, even if renting is more expensive than paying off a mortgage. The Federal Reserve Bank of New York explains why the trend of renting is so hot right now. Affordable Home Inventory Declining Across US, Redfin Study
A new study conducted by Redfin, the Seattle-based real estate agency, found that the number of affordable home listings across the United States has decreased considerably in 2014. The report is in line with the rising home prices. Nick Novak Sells La Jolla Home for $637,500
Nick Novak, the star placekicker of San Diego Chargers, has reportedly sold his house in La Jolla, Calif., for $637,500. Sarah Jessica Parker’s New York City Townhouse Back on Market for $22 Million
Sarah Jessica Parker, the "Sex and the City" star, has reportedly put her townhouse in Greenwich, New York City, up for sale with a $22 million price tag. Colbie Caillat Sells Westlake Village Home for $1.6 Million (UPDATE)
Colbie Caillat, the "Bubbly" hitmaker, has reportedly managed to sell off her Westlake Village, Calif., home for $1.6 million within two months of listing it. Around the World Through Instagram’s Hyperlapse
Instagram introduced its new Hyperlapse app, a separate photo-sharing application that allows users to make time-lapse videos of whatever they are shooting, late in August and the trend has caught on like wildfire. So, on the occasion of celebrating a raging trend, we found some amazing videos posted from users woldwide and what we have here is a completely transformed view of the world. Banks May Be Holding Back Housing Market Recovery; Can They Help?
The housing market recovery has indeed been choppy. Though mortgage rates have been low, not many are able to take advantage of the scenario because lending standards are supremely high. Some analysts are blaming the financial institutions for holding back a full property market recovery. Realtors Forecast Home Prices to Gain Only By 3.4 Percent in Next 12 Months
Home prices in the U.S. have been increasing, but the pace has slowed down. Now, experts have predicted that this trend will continue through the next 12 months. Ivana Trump Sells Palm Beach Mansion for $16.6 Million
Ivana Trump, former wife of real estate mogul Donald Trump, has reportedly sold the Palm Beach, Fla., mansion for $16.6 million. Backstreet Boy AJ McLean Wants $1.79 Million for Los Feliz Home
A.J. McLean, the "Backstreet Boys" band member, has reportedly put his home in Los Feliz for sale and is asking $1.79 million for it. A Look Inside Joan Rivers’ Upper East Side Penthouse (PHOTOS)
Rivers, who passed away post a respiratory arrest Sept. 04, was dressed in a Valentino Gown and a Harry Winston-designed toe tag as she rested peacefully in her casket. That was death for the great Joan Rivers! But in life, Rivers rested everyday in a plush Upper East Side penthouse in New York City. Located at 1 East 62nd Street, the top-floor condo is where Rivers sought refuge in for quite a few years. Most and Least Affordable Housing Markets of America (LIST)
The American real estate market is currently experiencing a slowdown. Though home prices have been mapping a sluggish way upwards, the still-improving inventory levels have kept cost of buying a home high. Mortgage rates may be low, but the standard of lending is strictly tight. In these conditions, where does one look to buy a home? To help you evaluate and make a property purchase decision, RealtyTrac - the popular real estate intelligence firm - has come up with lists of American cities where buying a property is most and least affordable. Asian Real Estate More Stable than North American Property, CBRE Survey
Asian real estate portfolios are more stable and sustainable than North American property, according to a new survey conducted by CBRE - the property intelligence firm. Mexico Airport Expansion: Norman Foster Reveals Renderings of $9.2 Billion Project (VIDEO)
The Mexican government recently announced that British architecture firm Foster + Partners, FR-EE (Fernando Romero Enterprise) and NACO (Netherlands Airport Consultants) had together won the bid to design Mexico City's Benito Juarez International Airport and the renderings of the upcoming project look stunning. Anderson Cooper Reduces Asking Price of Hamptons Homes
Anderson Cooper, the anchor of CNN's "Anderson Cooper 360", has reportedly reduced the asking price of both his listed homes in the Hamptons. Jimmy Fallon Buys Another Unit in Gramercy Park Building for $725,000
Jimmy Fallon, the famous "Tonight Show" host, has purchased another unit in the Gramercy Park Co-op building in New York City, for $725,000. T.S. Eliot’s Childhood Summer Vacation Home Hits Market for $1.34 Million
T.S. Eliot may have lived in London for most of his adult life but as a child, during vacations, he and his family would travel to the city of Gloucester, Mass., to enjoy the summers. And now, you can claim the "Wasteland" poet's holiday home for $1.34 million.
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NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
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Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home