Jim Lowenstern

Charming Home in Milford, MA

Charming home in the sought-after town of Milford! The main level showcases an open-concept plan with an expansive fireplaced living room, dining space and a kitchen with access to the back deck. Upstairs, three great-sized bedrooms with ample closet space can be found, including the main bedroom with an suite bathroom and hardwood floors! Plenty of space in the partially finished basement downstairs.

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Jim Carrey's Longtime L.A. Compound Available for $28.9M

The Los Angeles compound that has been home to comic actor and writer Jim Carrey for decades popped up on the city’s real estate radar recently. Carrey has owned the 2-acre estate in Brentwood for about thirty years; he listed it in the first week of the month with a $28.9 million asking price.

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Experts Forecast a Turnaround in the Housing Market in 2023

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. 

Should You Rent Your House or Sell It?

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.

Lower Mortgage Rates Are Bringing Buyers Back to the Market

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market.

Homeownership Builds Your Wealth over Time

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Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can …

$40 Million Sale In NYC For Our Luxury Team!

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We are pleased to announce that Kurt Yang represented the buyer of a $40,000,000 transaction in New York and CASTLES(R) Luxury is off to a great start!
Kurt has worked diligently to ensure that the buyer received a fair and equitable deal and his hard work has paid off. Please join us in congratulating Kurt on this milestone achievement.
We have high expectations for CASTLES(R) Luxury, and we are confident that this accomplishment is just the beginning. We look forward to celebrating more successes in the future.

Why You Shouldn't Fear Today's Foreclosure Headlines

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If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure …

The 3 Factors That Affect Home Affordability

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a

Billionaire Julian Robertson Jr.'s Full-Floor Co-Op Listed for $30M

The Manhattan residence of hedge fund pioneer Julian Hart Robertson, Jr. surfaced on the open market this winter. The property, which features stunning views of Central Park through the soaring, arched combination windows and terrace-access French doors that line the exterior wall of its living room, is currently listed at $30 million on the nose.

Click here to view the full listing.

What's Really Happening with Home Prices?

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Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared…

Pre-Approval in 2023: What You Need To Know

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, …

Have Home Values Hit Bottom?

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Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in [...]

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