Archive of entries posted on

Airbnb Hosts Face Huge Challenges in Refinancing Mortgages

  As the Wall Street Journal reported this week, banks are not looking too kindly on homeowners who earn a significant amount of income from renting out that spare room or in-law in the backyard. These banking customers often find that cashing-in on the sharing economy could either result in a firm “no” from the bank, or […]

Family tradition: Kids are more likely to own a home if their parents did Trulia

According to data from University of Michigan’s Panel Study of Income Dynamics, children raised in homes that their parents owned were nearly three-times as likely to buy a home themselves. This recent Trulia article by Felipe Chacón, explains the findings of this study and how homeownership is strongly influenced by family.  The recent revelation that homeownership among […]

Why Billionaire Mark Zuckerberg Has A Mortgage

The Mega-Rich Have Mortgages, Too Facebook founder Mark Zuckerberg is worth $53 billion, according to Forbes. He did not pay cash for his home. Zuckerberg and other mega-rich Americans don’t need mortgages to buy homes — so why do they have them? Home loans come with advantages that can benefit rich people, poor people, and the rest in […]

What Is ‘Luxury’ in Today’s Real Estate Market?

In the world of luxury real estate, great curb appeal is just one of many buyer requirements. Builders of today’s luxury homes are tasked with making works of art that also cater to the future homeowner’s lifestyle. In the world of luxury real estate, great curb appeal is just one of many buyer requirements. Builders of today’s luxury […]

A Curb Appeal in a Time of Drought

According to Realtor.Mag, Westerners struggle under water-use reductions and Midwesterners, East Coasters, and Southerners grapple with storm-ravaged yards, many are rethinking the traditional American landscape. Both garden professionals and scientists are working on materials that can better survive drought and extreme weather, as home owners increasingly question the importance—and even the underlying ethics—of maintaining a […]

In Palm Springs, a New Set of Pleasure-Seekers Take Hold

Travel and Leisure article detailed the treasure we call Palm Springs. What is it about Palm Springs that keeps drawing waves of people looking to slow down, drop out, go a little wild? Irina Aleksander meets the latest arrivals who are inventing the desert oasis all over again. Palm Springs is reachable by plane, but […]

Palm Springs Now Ranked In Top 10 Most Popular US Destinations

More than 350 days of sunshine, great swimming pools and top attractions like the Palm Springs Aerial Tramway pushed Palm Springs to the No. 9 spot in TripAdvisor’s 2015 Travelers’ Choice Awards for the top destinations in the United States. Last year, Palm Springs grabbed the No. 17 spot on TripAdvisers Travelers’ Choice Awards identifying […]

How Much Does ‘Walkability’ Affect Home Prices?

Recently, The Wall Street Journal featured a great article on ‘walkability’. Stroll-friendly communities may be the latest housing draw, but in the luxury market, the “walkability premium” is relatively small. Redfin, a Seattle-based real-estate brokerage, measured the effect of walkability on home values by looking at increases in Walk Score, a 0-to-100 scale that tallies […]