Mortgage rates held steady in most cases today, though several lenders continued to improve. The average lender is at least down to 3.75% in terms of conventional 30yr fixed rates on top tier scenarios, but many are already back to 3.625%. Yesterday's strong gains came courtesy of a speech from Fed Chair Janet Yellen, and today provided an opportunity for financial markets to confirm their intentions. If the Yellen-inspired drop in rates was going to be a temporary knee-jerk
Areas deemed as having homes that were less affordable than their historic norms rose by 7 percentage points from the first quarter of 2015 to the first quarter of 2016 according to RealtyTrac. The company analyzed housing and income data for 456 counties nationwide and found that in 43 counties, 9 percent, buying a home was less affordable than the historically normal level for that county going back to the first quarter of 2005. In the first quarter of 2015 only 10 counti
Todd Goddard and Andrew Mandolene have a spring in their step since completing their restoration of the near-derelict 1957 home of architect Arthur Witthoefft, who says, “I can’t get over what they’ve done—–it’s unbelievable.” In 1957, Arthur Witthoefft was overseeing the construction of his new residence on four-plus acres in the Whippoorwill section of Armonk, New York, when a passerby dropped in. Witthoefft was an architect in the Manhattan office of corporate modernists S
What is the difference between modern and contemporary architecture? Why the distinction? At their most literal, "contemporary" is the architecture being produced now, the architecture of the moment. "Modern" architecture breaks with the past — specifically the traditional styles of before the Industrial Revolution.
So in this sense "contemporary" is not limited to a single stylistic thread. And "modern" recalls the early- and mid-20th-century architecture embodying the id
Who better to call your Landlord than the Oscar-winning Leonardo DiCaprio? Yes, the actor finally caught a break by winning the Academy Award, and now you can get a taste of the A-list lifestyle by renting his Modernist Palm Springs pad. DiCaprio bought the Mid-Century property - designed by architect Donald Wexler, and built in 1964 - back in 2014, and has made it available to rent since last year. Set on a 1.3-acre desert site, the 7,000 sq ft home has six bedrooms, spa fac
You? Buy a home? If that prospect sounds as unlikely as your becoming the next U.S. president—well, this campaign season has shown us that anything can happen. Sure, amassing the funds and slogging through the necessary paperwork for your own piece of the real estate pie can be daunting, especially if you’re a less-than-stellar loan candidate. Still, if you just assume there’s no way you could buy a home, without doing any research, you could be missing out. Here are some oft
Wikipedia defines that quintessentially pre-central air-conditioning, midcentury modernist architectural feature known as The Breezeway, thus: A breezeway is an architectural feature similar to a hallway that allows the passage of a breeze between structures to accomodate high winds, allow aeration, or provide aesthetic design variation. Often a breezeway is a simple roof connecting two structures (such as a house and a garage); sometimes it can be much more like a tunnel wit