Articles By: New York Times

8 Key Facts About Your Mortgage APR
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8 Key Facts About Your Mortgage APR

By Scott Sheldon Securing a mortgage today requires careful consideration of all the figures associated with the transaction. The biggest figures that most homebuyers pay attention to include loan amount, interest rate, closing costs and the one most benign to consumers, the annual percentage rate (APR for short), which is a disclosure item required in [...]

Published by on May 22, 2013 9:06 PM
Your Perfect Apartment Might Not Be in Your Favorite Neighborhood
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Your Perfect Apartment Might Not Be in Your Favorite Neighborhood

Anyone who has been apartment hunting lately knows that just as the prices have changed, so have the rules. And in the country’s most competitive markets, the process can be a blood sport. No matter where you want to hang your hat, experts advise being realistic about expectations and budget. There’s nothing worse than falling [...]

Published by on May 22, 2013 9:06 PM
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Why Real Estate Investors Have the Edge in Housing Market

Prospective homebuyers are entering some markets today to find it rife with competition and the pickings slim. While many put off home purchases during the financial crisis, Wall Street investors dove right in and snapped up all the good buys while they were cheap. This was especially prevalent in areas where housing prices bottomed out [...]

Published by on May 22, 2013 9:06 PM
Airbnb Ruled Illegal in New York City
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Airbnb Ruled Illegal in New York City

New York City has effectively deemed the vacation rental website Airbnb illegal with a finding that a man there broke the law by renting out his apartment through the service. A judge arbitrating the case for the city’s Environmental Control Board declared that using Airbnb violated New York’s illegal hotel law, reported The Verge news [...]

Published by on May 21, 2013 7:06 PM
Vacation Home Sales Sizzle, Rentals Booking Fast
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Vacation Home Sales Sizzle, Rentals Booking Fast

By Diana Olick In the kitschy community of St. Michaels on the Maryland shore, businesses are gearing up for the official start of the season, Memorial Day weekend. Trucks carrying dozens of bicycles are unloading into waterside racks and shopkeepers are moving their bright-colored wares out onto the sidewalks. For real estate rental agents, however, [...]

Published by on May 21, 2013 7:05 PM
Olivia Newton-John Lists Florida Home for $6.2 Million
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Olivia Newton-John Lists Florida Home for $6.2 Million

By Catherine Sherman What do you get when you combine a four-time Grammy winner and the founder of Florida’s Amazon Herb Company? Cypress tongue-and-groove vaulted ceilings, natural coral stone flooring, custom driftwood cabinetry, bean bag seating and a rainwater harvesting irrigation system. Olivia Newton-John married John Easterling in 2008 and moved into the $4.1 million [...]

Published by on May 21, 2013 7:05 PM
A Stunning Grass-Covered Modern in Austin (House of the Day)
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A Stunning Grass-Covered Modern in Austin (House of the Day)

By Amy Schellenbaum Spotted over at Co.Design: Edgeland House, a glassy, open residence with ever-popular grassy roofs, also brags a badge of sustainability, completing the site remediation. Another bonus: the place was built for an unnamed sci-fi writer and his family, so the whole sharp-modernism-meets-ragged-post-industrialism bit speaks to the client’s personal tastes. “The owner was [...]

Published by on May 20, 2013 5:05 PM
Should You Put a Real Estate Investment on Your Credit Card?
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Should You Put a Real Estate Investment on Your Credit Card?

By Paula Pant Imagine: You’re a beginner real estate investor. You want to flip a house for the first time. You don’t have much money. Someone recommends that you get a Home Depot or Lowe’s credit card, which offers 0-percent financing for 12 months, and use that credit card to fund the material purchase costs [...]

Published by on May 20, 2013 5:05 PM
Highest Priced Home Listing in U.S. — $190 Million in Greenwich, Conn.
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Highest Priced Home Listing in U.S. — $190 Million in Greenwich, Conn.

We thought the Crespi/Hicks Estate in Dallas was expensive at $135 million, but this brand new listing blows that right out of the water. The Greenwich, Conn., estate of timber mogul John Rudey has just hit the market for an absolutely astounding $190 million — making it the highest priced listing for a private home [...]

Published by on May 20, 2013 5:05 PM
Tenants: Stench of Death Makes St. Louis Complex ‘Unlivable’
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Tenants: Stench of Death Makes St. Louis Complex ‘Unlivable’

We’ve seen some pretty bad things drive tenants out of their apartments and homes — sewage leaks, mold, rodents and bedbugs — but this case is easily one of the most morbid. Residents of a St. Louis, Mo., apartment complex are in an “unlivable” situation due to the strong, putrid smell of a decaying body [...]

Published by on May 19, 2013 3:04 PM
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