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While property owners on both sides of the Atlantic watch to see if their home's value takes a dive, two prime areas of real estate where the super-rich choose to live have seen price increases, showing there is still money in the system, albeit for a niche market. Real estate watchers will know that top end London prices rose sharply in the last three years, but less well reported has been how New York's Manhattan has fared. While London prices could fall this year, ...
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An ancient practice is enjoying a renaissance in Western culture. Feng Shui (pronounced “fung schway”) has its roots in Chinese culture and has been used for centuries by people seeking to improve their lives through the use of color, materials and object placement in order to invite positive energy, or “Chi,” into their homes. “In Feng Shui, the primary goal is to create an optimal flow of energy, which will improve all aspects of one's life - relationships, ...
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The first quarter numbers are in for the Manhattan real estate market, and old records have yet again been broken. While the numbers seem surprisingly positive, the overall picture is more complex. Average home prices were up roughly one third, or 33.5%, over last year's numbers. All told, the average price of a Manhattan apartment has risen to an astounding $1.7 million. There are several warning signs for the New York apartment market, however. There is a ...
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