You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link: REMOVE. | | | | Harvard data scientist upends finance community with returns in this market | | | | | | A Harvard data scientist and his crack team have figured out a way to allow everyday people to benefit from a previously “off-limits” investment, with Masterworks, the platform for investing in blue-chip art for a fraction of the cost. You don’t need art expertise, or millions of dollars, because Masterworks’ proprietary database of art market returns provides an unrivaled quantitative edge in analyzing the art market for your benefit. And with all 16 exits to date, they’ve achieved a profit, delivering +10.4%, +17.8%, and +35.0% annualized net returns - among others. | | | | | | Mortgage Market Update: Navigating the Post-Shutdown Landscape | | | | With the U.S. government back in full operation, the real estate market is taking stock of the brief disruption caused by the shutdown. The mortgage sector, in particular, experienced temporary turbulence, but what lies ahead as the market returns to normal?
Impact on Housing Market One of the immediate signals of trouble was a slight dip in newly-built single-family homes, as reported in October. This drop is partly attributed to the shutdown, but experts anticipate that the market will recover as government operations resume.
Despite fears of lasting damage, most believe the shutdown's effects will be short-lived. Mortgage rates remain historically low, and this, paired with the reopening of government agencies, should stabilize the situation.
The Real Impact of the Shutdown Although some in the industry claim the disruption was minimal, others argue that the real estate market may have been set back by months. The shutdown halted access to crucial documents like IRS 4506T forms, which are needed to close many mortgage deals. This delay affected a wide swath of lenders and borrowers, causing a ripple effect across the industry.
For now, however, with government agencies reopening, the market can move forward again, and any delays caused by the shutdown are expected to be resolved within weeks.
What Happens Next? As the real estate market gets back on its feet, most industry professionals expect a quick recovery. Lenders continued to process loans during the shutdown, and the Federal Housing Administration (FHA) has resumed full operations. Although a slight backlog may cause minor delays, it is anticipated that things will return to normal swiftly.
The most significant disruption was felt in USDA loans and some jumbo loans that required IRS documentation. But now that those agencies are up and running again, any loans that were stalled are expected to resume with minimal long-term impact.
Key Considerations for Mortgage Consumers For those navigating the market, it’s essential to stay prepared for any unexpected shifts. Working with experienced professionals who understand market volatility is crucial to ensuring a smooth process. Real estate veterans can help guide consumers through potential obstacles, ensuring minimal disruption.
Consumers should also keep in mind that current mortgage rates are near historic lows, making this an opportune time to buy. With property values expected to rise and supply remaining limited, now is a prime moment to make a move, regardless of political noise from Washington. | | | | Put your best face forward with Tiege Hanley | | | | | | Fellas. We've all been guilty of neglecting our skin. But your skin is your body's largest organ and its first line of defense, so it’s important to show it the care it deserves. Introducing Tiege Hanley's Bare Minimum Routine – a simple yet powerful solution to keep your skin clear with minimal effort. For just $9, first-time customers receive a revitalizing face wash and an AM moisturizer infused with SPF protection. This duo is meticulously crafted to shield and revitalize your skin, ensuring you always put your best face forward. | | | | | | Eco-Luxury: Why High-End Buyers Want Green Homes | | | | Eco-friendly homes are no longer a niche trend—they have become a mainstream desire, especially among affluent buyers. Many are now willing to trade traditional luxury features like pools and game rooms for cutting-edge energy efficiency and sustainable living solutions. The shift towards greener living reflects not only environmental concerns but also a clear recognition of the value eco-friendly features bring to a property.
The Rise of Green Living Over recent years, the demand for eco-friendly homes has skyrocketed. Buyers are increasingly incorporating green living into their lifestyles year-round, beyond just Earth Day celebrations. From hybrid vehicles to sustainable packaging, this eco-conscious mindset is spilling over into the housing market.
With over 30% already living in eco-friendly residences and nearly 85% expressing a desire to own one, homeowners are seeking properties with features such as low-VOC paints, green building materials, and energy-efficient systems. These homes are not just good for the planet—they offer a range of financial benefits as well.
Energy Efficiency Takes Priority Even those without fully green homes are still making eco-conscious choices. A significant percentage of homeowners have embraced energy-efficient appliances and lighting. Yet, solar power adoption remains modest, with just 5% of respondents reporting the use of solar panels. However, this area is expected to grow as technology becomes more accessible.
Interestingly, the majority of homeowners have been aware of the environmental importance of eco-friendly homes for years, suggesting that this movement is no passing trend but a fundamental shift in how people want to live.
Sacrificing for Sustainability How far are homeowners willing to go to embrace greener living? Almost 40% would downsize their homes to reduce energy consumption. Smaller homes naturally use fewer resources, making them an attractive option for eco-conscious buyers. In addition to downsizing, a substantial number of buyers are willing to forgo luxuries like swimming pools and entertainment rooms to create a more sustainable living environment.
But the appeal of eco-friendly homes goes beyond environmental altruism—there’s real financial motivation. A majority of buyers recognize that energy-efficient features add monetary value to a property, and over two-thirds are willing to pay a premium for these benefits.
Eco-Friendly Features with Financial Benefits Energy efficiency isn’t just a buzzword—it’s a top priority for high-end buyers. Features such as energy-efficient air conditioning and appliances rank highly on the wish list for those looking to purchase new homes. Beyond reducing environmental impact, these systems lower energy bills, making them a win-win for homeowners.
From water-conserving appliances to energy-saving lighting, these features not only enhance the eco-credentials of a home but also contribute to long-term cost savings. In today’s market, the green home is as much about financial sustainability as it is about environmental responsibility. | | | | | | | | | | Gilded Age Luxury: $100M Connecticut Island Estate for Sale | | | | An extraordinary piece of Gilded Age history has hit the market—a private 60-acre island off the Connecticut coast, boasting unrivaled luxury and historical significance. Once owned by a renowned industrialist, this expansive estate is now available for $100 million, offering an unmatched blend of timeless architecture, opulent amenities, and breathtaking waterfront views.
A Storied Gilded Age Legacy Built in 1905, the estate was originally designed as a summer retreat for one of America’s wealthiest families. The main house, a sprawling 13,000-square-foot masterpiece, exudes old-world charm, styled after a romantic Italian villa. This residence, with its 10 luxurious bedrooms, has preserved its historical grandeur while offering the finest comforts of modern living.
Architectural Masterpiece The estate's equestrian facilities are particularly noteworthy, featuring an 18-stall granite stable designed by the famous Rafael Guastavino, whose iconic tile work graces many of the most famous buildings in the United States. Beyond the stable, the property includes indoor and outdoor riding arenas, a polo field, and meticulously maintained paddocks and trails.
Exclusive Waterfront Lifestyle The island is seamlessly connected to the mainland by the Rings End land bridge, making access both private and convenient. Boasting panoramic views of the Long Island Sound, almost every room in the main house offers stunning waterfront vistas. For those who enjoy an active, luxurious lifestyle, the island features its own private beach and yacht basin, offering exclusive access to one of the most desirable coastlines in the country.
Amenities Fit for Royalty In addition to the main house, the property includes several other residences, including a guest house, a caretaker's cottage, a 19th-century farmhouse, and a seaside cottage, providing ample space for hosting guests in unparalleled privacy. Whether used as a summer retreat or a year-round residence, the estate offers a secluded yet luxurious escape, perfect for those who appreciate the finest things in life. | | | | Historic London Townhouse Once Owned by Lee Radziwiłł Listed for $11.6 Million | | | | A stunning piece of history is now on the market—an elegant townhouse once owned by Lee Radziwiłł, sister of Jackie Kennedy, and her husband, Prince Stanislaw Radziwiłł. Situated just behind Buckingham Palace, this remarkable residence, where high society icons were often entertained, can now be yours for £8.75 million ($11.6 million). With a rich legacy of glamour and royalty, this five-story home offers a blend of historic charm and modern luxury in one of London’s most coveted locations.
A Royal Address with a Storied Past This grand townhouse, purchased in 1959, stands at the heart of London’s prestigious Buckingham Place. The 5,613-square-foot home offers seven bedrooms, five bathrooms, and three reception rooms, providing ample space for entertaining guests. A spacious interconnecting drawing room and dining room on the lower ground floor ensure that the home remains a perfect venue for gatherings, much like when it hosted prominent figures, including President John F. Kennedy.
Design and Elegance by Renzo Mongiardino The renowned Italian architect and designer Renzo Mongiardino, known for his theatrical style, helped transform the interiors of this residence. Architectural Digest once described the home’s decor as an “Ottoman-meets-Moghul atmosphere,” reflecting its opulent and eclectic design. Today, however, the interior has evolved into a modern sanctuary, blending clean lines with luxurious detailing, creating an inviting and comfortable ambiance.
An Entertainer's Dream On the ground floor, a seamless flow from the family room to the open kitchen and dining area extends to a secluded patio and garden, perfect for private entertaining. The second floor boasts elegant reception rooms and a private terrace, while the entire third floor is dedicated to a principal suite, offering complete privacy. Additional bedrooms and bathrooms are located above, ensuring plenty of space for family or guests. A glass sliding roof panel reveals a rooftop terrace, ideal for outdoor entertaining.
Prime Location in the Heart of London The townhouse is ideally situated near the expansive green spaces of St. James’s Park and Green Park, offering a serene yet central location. Just steps from Mayfair and close to Victoria, this home is perfect for those seeking a glamorous lifestyle in the heart of London’s most prestigious neighborhoods. With its royal connections, historic significance, and modern updates, this residence offers an extraordinary opportunity for discerning buyers. | | | | Gloria Vanderbilt's Whimsical Beekman Place Home Sells for $1.125 Million | | | | Gloria Vanderbilt's iconic Manhattan residence, located on Beekman Place, has sold just six weeks after hitting the market for $1.125 million. This vibrant and whimsical apartment, where the legendary heiress, artist, and fashion designer lived until her passing in 2019, was more than just a home—it was a reflection of her ever-evolving creativity and unique vision.
An Artistic Sanctuary For nearly 25 years, this Manhattan apartment served as Vanderbilt's creative retreat. Every corner of the 1931-built home, spanning three bedrooms and two-and-a-half bathrooms, reflects her eclectic style. Filled with art, custom furnishings, and personal touches, the apartment remains a testament to her love for beauty, art, and individuality. The living room, for example, features rich textiles, chintz, and a large portrait of Vanderbilt's mother, while the dining room is wrapped in mirrors and accented by candy-colored hues.
Maximalist Design Meets Historic Charm Vanderbilt's distinctive design style is unmistakable in this residence. Pink lacquered windows, mirrored hallways, and ornate chandeliers create a maximalist aesthetic that’s charmingly eccentric. Known for her bold design philosophy, Vanderbilt’s style was deeply personal, ensuring every inch of her home felt intimate and authentic. However, this vibrant space may not appeal to all tastes, as the apartment remains largely untouched since her purchase in 1997 and lacks modern upgrades.
Old-World Architecture with a Modern Location Despite its whimsical interiors, the home retains the architectural elegance of its pre-war construction. With features like a wood-burning fireplace, large windows that bathe the space in natural light, and a layout perfect for entertaining, the apartment strikes a balance between classic and unconventional. Located on a peaceful, tree-lined street just steps from the river, the residence offers both quiet and convenience in the heart of the city.
A Creative Legacy Vanderbilt, celebrated for her contributions to fashion, art, and design, poured her personality into every aspect of this home. From the custom draperies to the vintage screens, it is a living, breathing expression of her artistry. A true reflection of her vibrant life, this space invites inspiration for those bold enough to embrace its unconventional charm.
A Piece of History, Ready for a New Chapter With an asking price of $1.125 million, the new owner will inherit not only a piece of New York history but also a significant creative legacy. While the apartment comes with a $4,311 monthly maintenance fee and may require renovations, its historic significance and unique character make it a rare find in Manhattan. Vanderbilt’s ground-floor studio in the same building is also being considered for sale, adding another layer to this extraordinary opportunity. |
|
|
