Brooklyn Open Houses Starting at $780K

06/05/202321/04/2025dansa

Our picks for open houses to check out this weekend are found in Park Slope, Midwood Park, and East Flatbush. They range in price from $780,000 to $5,495 million.

560 1st Street
Price: $5.495 million
Areas: Park Slopes
Brokers: Compass (Marc Solomon, Alessandra DeLaCruz)
Sunday May 7, 2 – 3:30 p.m
See it here -

361 5th Street
Price: $3.395 million
Areas: Park Slopes
Broker: Brown Harris Stevens (Norah Burden, Jesse Rosenthal)
Sunday May 7, 2 – 3:30 p.m
See it here -

1654 Glenwood Road
Price: $2.4 million
Area: Midwood Park
Brokers: Corcoran (Kyle Talbott, Karen Talbott, Scott Sternberg)
Sunday May 7, 2 – 3:30 p.m
See it here -

497 East 43rd St
Price: $780,000
Area: East Flatbush
Brokers: Douglas Elliman (Marsha Yarde, Carine Eustache Jones)
Sunday May 7, 3 – 4 p.m
See it here -

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Phillies Legend Jimmy Rollins Relists Exceptional Encino Home for $10.8M

05/05/202321/04/2025dansa

When a home’s price is reduced, it’s typically a play to coax potential buyers onto the field. But will someone step to the plate and take a swing at this Southern California mansion?

Owned by former Philadelphia Phillies shortstop Jimmy Rollinsthis home in Encino, CA, will still require ample of cash—even with the nearly $1 million discount.

The nine-bedroom, 11-bath dwelling has returned to the market for $10.8 million, after listing last year for $11.75 million.

Spread over 11,000 square feet on a half-acre lot, Rollins’ residence is a modern gem.

Situated in the highly sought after Royal Oaks community, the posh home is pristine in every way. Vaulted ceilings, two huge staircases, balconies, and incredible views all wow the senses as you enter. A gorgeous great room is warmed by a fireplace and opens through huge doors to a lovely backyard and patio.

The kitchen is packed with amenities, including two islands (one for eating and one for prepping), double fridges/freezers, two ovens, and lots of wine storage.

Another fireplace is found in the primary suite, which also features its own private

You’d need a raise of almost $20K to afford the same Calgary home you didn’t buy last year

04/05/202321/04/2025dansa

Sometimes, waiting can be a pricey move.

A buyer in Calgary today will need to earn $18,820 more in annual income to purchase the same house, compared to this time last year, according to a fresh report from Ratehub.ca, an organization that analyzes real estate and financial data.

As well, Calgary is the only city in the study to see an increase in the average price of a home from March 2022 to March 2023. It’s gone from $523,100 to $528,700.

A longtime real estate agent says Calgary is an anomaly.

“What we are seeing this year, in January, we were all anticipating there would be more inventory coming on the marketplace,” Len T. Wong of Greater Property Group told CBC News in an interview.

“And then in February, we started to realize that sales volumes were down 47 per cent and inventory levels were down as low as 2006, an all-time low.”

Len T. Wong is a Calgary realtor with Greater Property Group. — Len T. Wong is a real estate agent at Greater Property Group in Calgary. (Anis Heydari/CBC)

Inventories of single-family homes in the city are low, and that’s a double-edged sword.

“I think part of it is interest rates,” Wong said.

“There’s a little bit of a concern

Iran’s President Holds Rare Meeting With Assad in Syria

03/05/202321/04/2025dansa

DAMASCUS, Syria (AP) — Iranian President Ebrahim Raisi Wednesday met Syrian President Bashar Assad in Damascus in a bid to boost cooperation between the two allies, state media reported.

Tehran has been a main backer of Assad’s government since an uprising turned into a full-blown war in March 2011 and has played an instrumental role in turning the tide in his favour.

Iran has sent scores of military advisers and thousands of Iran-backed fighters from around the Middle East to fight on Assad’s side. With the help of Russia and Iran, Syrian government forces have controlled large parts of the country in recent years.

In an interview with the pan-Arab television channel Al-Mayadeen, Raisi called for reconstruction efforts and for refugees who fled the country’s war to return to the country.

Raisi, who is a leading high-ranking political and economic delegation in a two-day visit to Syria, was received on arrival at Damascus International Airport Wednesday by Syrian Economy Minister Samer al-Khalil.

Political Cartoons on World Leaders

Political Cartoons

“Syria’s government and people have gone through great hardship,” Syrian state media quoted Raisi telling Assad during the meeting. “Today, we can now say that you have overcome all these problems

Oprah Winfrey Buys 870 Acres in Maui

01/05/202321/04/2025dansa

Oprah Winfrey has significantly expanded her real estate holdings in Hawaii.

The billionaire media mogul purchased a whopping 870 acres of land in several sales for a total of $6.6 million in the Kula area of the island of Maui, KITV4 reported.

Winfrey bought about 520 acres for $3.9 million and 330 acres for $2.5 million, from the seller, Hawaii-based Ulupalakua Ranch, Maui Now reported. She paid about $100,000 for the other 20 acres in separate transactions, the outlet said.

Winfrey, according to the outlet, owned already more than 1,000 acres of property in Kula and is one of the largest landowners on Maui, KITV4 and Maui Now said. She also bought 200 acres of land in Hana in the early and mid-2000s, Maui Now reported.

The land Winfrey recently purchased is zoned for agricultural use, KITV4 reported.

Winfrey, who has been a part-time resident of Maui for some 15 years, has filmed taking hikes with her friend, Gayle King, on the island, Maui Now says.

“Y’all should come here,” Winfrey wrote in a social media post, according to Maui Now. “Hawaiian hashtags, state of health. That’s the aloha spirit.”

Winfrey has been active with other real estate

The Fed Just Jammed Another Wrench Into the Housing Market

01/05/202321/04/2025dansa

On the precipice of the hotly anticipated spring housing market, the US Federal Reserve just dealt homebuyers another crushing blow.

Jerome Powell, chair of the Federal Reserve, told Congress on Tuesday that more aggressive interest rates might be needed to cool inflation. And while mortgage interest rates are separate from the Fed’s short-term rates, they often follow the same trajectory. Those higher rates have hit homebuyers where it hurts: their budgets.

In response to Powell’s comments, mortgage rates hit 7.03% for 30-year fixed-rate loans on Tuesday afternoon, according to Mortgage News Daily. Those higher rates are in part responsible for today’s buyers paying more than 50% a month in their mortgage payments than they would have a year ago.*

“That’s a boomer for buyers who had their hopes raised that rates would be falling,” says Realtor.com® Chief Economist Danielle Hale. “It’s going to be a more challenging spring than some people were expecting.”

Less than two months ago, there was speculation that rates would fall below 6%. Buyers had returned to the market, and bidding wars had heated up again. But the higher rates could threaten the rebound.

“It will continue to be a damper on how much

The Final Word On Renovating Old Homes

29/04/202321/04/2025dansa

House Remodeling Ideas For House Renovations

But upon getting taken possession, have an excellent look around and correctly assess the extent of the works, so you will get an in depth monetary schedule in place. ‘Don’t add a Victorian fireplace to a 1930s house,’ says Jonathan Rolande. A UK Brighton based mostly inside and lifestyle blogger specialising in inside design, fashionable farmhouse house decoration and nation residing. If you’re on the identical page as us and you like the idea of renovating a home that’s going to reinforce your life, then we’d love to invite you to the subsequent opening of our renovation on-line course. This is arguably some of the tense steps in renovating a house.

Avoid moving in until main works are out of the way, but you possibly can stay among beauty alterations as lengthy as you’ve finished rooms in which to cook, wash and sleep. Properties ripe for renovation are sometimes described as ‘in need of modernisation’ in the estate agent’s particulars. This can mean something from a new kitchen and some cosmetic fixes, to eradicating House Renovation the tree that is growing within the lounge. So before looking for a house, set your price range …

Transition to EVs shakes up the familiar Jaguar, Land Rover luxury brands

29/04/202321/04/2025dansa

Say goodbye to the Land Rover brand, and get ready for a smaller, much more expensive model line from Jaguar.

Those are the top-line takeaways from Jaguar Land Rover’s new strategy, as first reported by Automotive News.

The storied Land Rover brand name will reportedly be relegated to a “trust mark” badge on tailgates — perhaps elsewhere; the announcement is short on details. The Jaguar brand — so esteemed that Ford paid $2.5 billion for it in 1989 — will finally abandon efforts to become a full-line luxury brand, shifting upmarket to build fewer — one hopes more profitable — vehicles that compete with the top of Mercedes’ and BMW’s lines. Prices will start north of $125,000 and likely elevate into Rolls-Royce/Bentley territory.

Land Rover, on the other hand, will grow into three separate brands: Range Rover, Discovery and Defender.

My first thoughts? It’s fair to view highly publicized “rebranding” campaigns skeptically.

A billion here, a billion there

Ford paid $2.75 billion for Land Rover in 2000, for those of you scoring at home. Neither Jaguar nor Land Rover acquisitions paid off. Ford sold Jaguar and Land Rover to current owner Tata Motors of India for $2.23 billion in 2008.

Analysis-Banking crisis scars struggling US real estate stocks

29/04/202321/04/2025dansa

By Lewis Krauskopf

NEW YORK (Reuters) – US real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already hit by higher interest rates.

After slumping 28% last year, the S&P 500 real estate sector has gained about 1% in 2023, lagging an 8% rise for the overall S&P 500. Real estate is the only one of the 11 S&P 500 sectors to underperform the benchmark index in both 2022 and so far in 2023.

Driving this year’s struggles are fears that tumult in the banking sector following the collapse of Silicon Valley Bank in March will make it more difficult for real estate companies to access debt, as banks become more stringent on lending. The real estate sector has slumped 2% since SVB’s troubles came to light on March 8, compared to a 4% rise for the S&P 500.

“There is nothing about the current banking situation … that made life easier for real estate companies,” said Peter Tuz, president of Chase Investment Counsel. Because banks have lost deposits, “they will be just more careful who they lend money to,” he said.

With the S&P

The UK Property Market is Now in Better Health Than Four Years Ago

29/04/202321/04/2025dansa

There are various ways we can use to track how the UK property market is performing.

One of the most common ones is house prices and how they are rising or falling. Rising prices mean that the market is performing well, while falling prices are usually a cause for concern.

The Land Registry’s UK House Price Index reports that prices rose by 6.3% annually from January 2023, the latest data available. This shows that the market is still going strong as prices are higher than in 2022.

A second way we can determine the health of the housing market is through the number of sales being agreed upon and completed.

Right now, sales are 11% higher than in 2019 according to Zoopla, which means more houses are being sold than four years ago. This is a good sign that there is a high demand for housing, which is good for the overall housing market.

Another way in which we can see how the housing market is performing is the number of properties for sale on the market.

Zoopla’s data indicates that 65% more homes are available on the market than in 2022, while estate agents have an average of 25