Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. 

Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%

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.

Click here to view the full listing.

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.

Click here to view the full listing.

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. 

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.

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.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

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 …

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.

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 …

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

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.

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…