The numbers: The index of pending home sales dropped 20.8% in March as the coronavirus pandemic took a significant bite out of real-estate activity, the National Association of Realtors reported Wednesday. This represented the lowest level of pending sales since 2011. The index measures real-estate transactions where a contract was signed but the sale had not yet closed, benchmarked to contract-signing activity in 2001. It serves as an indicator for existing-home sales reports in the coming months. What happened: Compared with March 2019, signings were down 16.3% nationally. On a monthly basis, pending sales dropped in every region with the West seeing the largest decline at 26.8%, followed by the Midwest (down 22%) and the South (19.5%). In the Northeast, contract signings only decreased 14.5%. The big picture: While the coronavirus outbreak has not caused real-estate activity to stop entirely, it has put a major damper on what economists had anticipated would be a strong spring home-buying season thanks to low mortgage rates and pent-up demand among buyers. Without the spring home-buying season, home sales are expected to drop 14% in 2020. “As consumers become more accustomed to social distancing protocols, and with the economy slowly and safely reopening, listings and buying activity will resume, especially given the record low mortgage rates,” said Lawrence Yun, chief economist at the National Association of Realtors. “The usual spring buying season will be missed, however, so a bounce-back later in the year will be insufficient to make up for the loss of sales in the second quarter.” With stay-at-home orders and social-distancing guidelines in effect for most of the country, the process of buying a home (and then moving) has become more complicated. Nearly one-fifth of Realtors said that stay-at-home orders made it nearly impossible to finish deals, according to a recent poll by the National Association of Realtors. (Another 40% of Realtors meanwhile said some aspects of the home-buying process still required in-person interaction, but that wearing masks and gloves could make it safer.) Amid these orders, open houses have gone virtual, and documents are now being signed in parking lots rather than the offices of title insurers and attorneys. In some parts of the country, the closure of government offices means that sales cannot be recorded as quickly as usual. Some would-be sellers have held off on listing their homes, worried about a potential dip in prices or demand. Between the first and last weeks of March, the number of new listing was down 30%, according to data from Realtor.com. Comparatively, the number of listings grew by 15% during that same stretch of time last year. What they’re saying: “New listings continued to fall in April, as COVID-19 concerns prompted sellers to wait, which means additional declines in pending and closed home sales are likely ahead,” said Danielle Hale, chief economist at Realtor.com. “Although fewer buyers signed contracts to buy as they stayed home to prevent the spread of COVID-19, surveys suggest that most home buyers expect just a few months delay in their journey.” “How infection rates respond in states reopening will be a telling sign as we move forward on how long we can expect a slump in sales to persist,” said Ruben Gonzalez, chief economist, Keller Williams. “If we see no resurgence in infections, we could see sales begin to stabilize in early June; however, if there is a resurgence in infection rates, a substantial backslide across all sectors of the economy is likely.” Market reaction: The Dow Jones Industrial Average and the S&P 500 were both up in Wednesday morning trading in spite of the downturns in pending home sales and GDP. The yield on the 10-year Treasury note was down slightly. The post Pending Home Sales Drop to Lowest Level Since 2011 as Coronavirus Takes Its Toll appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/pending-home-sales-drop-to-lowest-level-since-2011-as-coronavirus-takes-its-toll/
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As with many architectural styles in the United States, its farmhouse architecture originated in Europe. These were simple homes built on farmland to house the people who owned or worked the land. As the farmhouse made its way to the farmlands of the colonies in the 1700s, it took on distinctive elements, including:
After establishing these basic characteristics of a farmhouse, we picked through the most recent crop of home listings across the country to find a few authentic farmhouses up for sale. We limited our search to farmhouses built prior to 1900, to harvest only the most authentic structures. Whether you dream of owning a piece of American history or just love the classic farmhouse look, here are 10 pre-1900 farmhouses to consider for your next home. 499 Governor Wentworth Hwy, Tuftonboro, NHPrice: $629,500 This 1869 farmhouse is a landmark in the town of Melvin Village, and a true New England dream. The town has changed little over the past century, and there’s virtually no commercial activity. It’s like stepping back in time! In a good way. Located within walking distance of Melvin’s Town Beach and Wharf, this Greek Revival farmhouse sits on close to 4 acres and has been owned and maintained by the same family for the past 38 years. Although there are modern upgrades inside, plenty of pre-1900 patina remains throughout, including wide-plank floors, baseboards, and trim. The attached barn has extra living and entertaining space, and a separate, detached three-story barn includes a large woodworking shop. ——-- 617 Main Rd, Monterey, MAPrice: $499,000 Built in 1850, this renovated farmhouse has had a modern facelift, while maintaining many of its pre-1900 characteristics. It is full of wonderful woodwork, such as wainscoting, wide baseboard trim, and door casings, as well as exposed wood beams and brick. The attached original barn has been renovated into a family room, with a master bedroom on the second floor. The home features a classic English garden with mature perennial gardens, specimen plantings, and stone walls. ——-- 3430 Quartz Creek Rd, Merlin, ORPrice: $619,900 This circa 1886 Southern Oregon farmhouse was designed by the Chicago architect John C. Cochrane. The home is surrounded by 12-plus acres of mature fruit trees, abundant flowering shrubs, grapevines, and access to a year-round creek. It retains many well-maintained antique features including an ornate, nickel-plated wood cookstove, a clawfoot tub, original built-in cabinetry, a soapstone wood stove, a brick fireplace, and beaded board walls and ceiling. If you are looking for a piece of history and room to stretch out, this place won’t disappoint. ——-- 285 Wallace Gap Ln, Madison, VAPrice: $2,950,000 Nestled in the Blue Ridge Mountains of Virginia, this beautiful 400-acre country estate is a turnkey opportunity with all furnishings and farm equipment included. The home, built in 1899, has all the lovely details of a classic 19th-century farmhouse, including wood trim, stone fireplace, bead board walls, and porch. Meanwhile, it also has plenty of modern upgrades. The land is divided into five to six large hayfields, and pastures with water access, and is fully fenced. There’s also a 3-acre lake and a large workshop with equipment storage. ——-- 209 Leominster Rd, Lunenburg, MAPrice: $379,900 This antique Massachusetts farmhouse was originally built in 1841. It has maintained many of its historical details, including the wide-plank flooring, hand-hewn beams, and exposed brick fireplace. The home sits on a 1.3-acre wooded and landscaped lot, with plenty of gorgeous perennial flower gardens. There’s a four-season porch with a skylight and a wood stove that leads out to the patio, a fenced yard, and an in-ground pool. Don’t worry—there’s a barn too! It comes with a silo and workshop. ——-- 40 Fern Dr, Boyertown, PAPrice: $370,000 Stone farmhouses are rare and wonderful finds. This stone structure from 1850 has been fully restored to its original glory. With classic farmhouse details such as wide-plank floors, wood-beam ceilings, and wood stoves, the home is stuffed with intriguing details. The eat-in kitchen features a built-in tin punch cabinet that conceals the refrigerator and other cabinetry, handcrafted by Oley Valley Reproductions to match the style of the home. Despite the antique charm, it’s rounded out with plenty of modern conveniences, including an in-ground pool and a studio cottage. ——-- 609 Wise Ferry Rd, Lexington, SCPrice: $795,000 This over 5,000-square-foot home sits on nearly 10 acres. Built in 1855, it’s full of the charm of a bygone era, including heart-pine flooring, exposed brick, and gorgeous molding. The home has been thoughtfully renovated to include modern conveniences, while retaining the historical integrity of the home. The property features plenty of amenities for a working farm, including an oversized workshop and several original barns. It’s close to the downtown historic district in Lexington—but still just far enough away to feel secluded. ——-- 233 Greely Rd, Cumberland, MEPrice: $650,000 It’s hard to believe that this farmhouse was originally built in 1800! It’s nestled among the rolling hills of Cumberland. Although it has been upgraded for modern living, it still displays much of its original historic appeal. The home features wainscoting, elegant French doors, large windows, exposed brick, wood stoves, and wide-plank flooring. This is all tastefully integrated with stainless-steel appliances, modern tiled baths, and custom cabinetry. If you are looking for a quintessential New England farmhouse with modern upgrades, this might be the place. ——-- 7095 Esmont Rd, Esmont, VAPrice: $815,000 There’s nothing quite like a historic estate with its own name to make you feel like a part of history. The circa 1892 farmhouse is dubbed “Hathaway,” and it’s a distinctive, classic farmhouse design, with large, spacious rooms with high ceilings. Featuring a grand wraparound front porch with views of the Green Mountain range and plenty of towering oak trees, the home is a fine example of a Southern farmhouse. The home is situated on over 23 acres and has nine fireplaces, antique pine flooring, pocket doors, and built-in bookshelves. ——-- 384 Main St, Amagansett, NYPrice: $3,150,000 At first glance, this home looks like a typical New England farmhouse. Once through the Greek Revival doorway, though you’ll step into a meticulously restored home with a perfect balance of historic simplicity and modern conveniences. Built in 1829, the Hamptons beauty features original wide-plank floors throughout, wood-beam ceilings, and moldings. It’s full of modern flair as well—a copper roof, central air, and a heated saltwater pool. The post A Cool Cornucopia: 10 Authentic American Farmhouses Built Before 1900 appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/10-authentic-pre-1900-farmhouses/ From a living bamboo garden to the hand-carved, double-entry doors of Indonesian wood—plus a koi pond and luxe cabanas—this 9,266-square-foot home near Honolulu could easily be mistaken for a Polynesian resort. For a buyer in search of a vacation retreat, it might be the ultimate landing spot. The house itself has all the components of Tiki culture, according to Sean Lopez, listing agent with Elite Pacific Properties. Located on the East end of Oahu, 10 miles from downtown Honolulu, the huge property is listed for $5.4 million. What is Tiki culture? “It’s a style originating in California in the 1920s, from travelers that wanted to recreate their experiences of the South Pacific, namely Hawaii and Tahiti,” says Lopez. The tropical look, he says, “has inspired movies, festivals, architecture, and groups all around the world … from Tiki bars in Oregon … to playgrounds in Germany.” This six-bedroom, five-bath property was built in 1972 by Don and Josie Over. She starred on the original “Magnum PI,” and he was a Polynesian show producer at the Queen’s Surf, a famous Waikiki night spot. They lived here with their eight children, and also housed kids from the South Pacific who were receiving medical treatment. “They had real strong connections to the South Pacific culture,” says Lopez. Subsequent owners have made numerous updates to the home, but haven’t diminished the vibe. Updates include adding marble-tiled flooring and stainless-steel appliances in the plantation-style kitchen, and converting a former theater room to a bedroom and living room. A bamboo garden lies just past the front gate, and a stepping-stone path leads to the double-entry doors, which are hand-carved out of Indonesian wood. A clear-roof atrium features plants and a koi pond for a courtyard effect—plus rock waterfalls and a stream. You’ll find koa-wood accents throughout the home, including flame-grained koa panels in the living room. Bamboo was also used in abundance, and is in evidence on walls and trim. Buildings included in the sale are the main house and poolhouse (connected by a trellised breezeway) and cabana wing (two cabanas connected by a bath), along with a heated pool. The pool area is decorated in a nautical theme, right down to the rope railings. “It’s not often that you get these large parcels of land, especially this close to Honolulu,” says Lopez. Another bonus: The property hugs Paiko Lagoon, which restricts swimming and boating. In turn, that means less folks traipsing around your home. “It has a very unique sense of privacy,” adds Lopez What kind of buyer is the agent targeting? “I envision the buyer being someone with a deep connection to Hawaii, whether they currently live here or not,” he says. “Someone who puts an emphasis on tranquility and privacy in their life, but appreciates being able to spread out in their own domain.” He says he anticipates a lot of interest from buyers from California, the heart of the entertainment industry, and where the Tiki culture started. “Two of the previous owners,” he adds, “were high-level producers, and this could easily capture the eye of another individual from Hollywood.” The post Need a Permanent Vacation? Live the Tiki Lifestyle at This Hawaiian Hideaway appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/tiki-lifestyle-honolulu-home/ Staying away from people is the thing to do during a pandemic. Isolation from the crowd is a true luxury, and the tiny town of Point Roberts, WA, should be considered for placement atop the list of luxury locales at the moment. For its approximately 1,300 residents, physical distancing is a part of life. Point Roberts is a pene-exclave—and we won’t fault you if you’re unfamiliar with the term. A pene-exclave is part of one country (the United States), but convenient access to the place is from another country, in this case Canada. In case you’re wondering, Point Roberts became a pene-exclave in June 1846, when the United Kingdom and the U.S. settled a border dispute. The Oregon Treaty stated the 49th parallel would divide the U.S. and Canada, but Point Roberts, the tip of a peninsula, lies just south of the line. And although it is attached to Canada, the island would be considered part of the U.S. The only way to get to Point Roberts and stay entirely within the confines of the U.S. is by water. To get there by land, you’d need to drive from Washington, cross the border into British Columbia, head north a bit toward Vancouver, then turn back south, go through the town of Tsawwassen, British Columbia, and cross the border back into the U.S. at the Point Roberts Port of Entry. In total, the trek through Canada is about 25 miles. With borders now closed to nonessential travel because of COVID-19, this trip is now difficult. But it also means you wouldn’t be getting any drop-in visitors. So if you’re looking to cut yourselves off from the American populace and wait the pandemic out in solitude, a few great homes are available in Point Roberts at various prices. 1. 408 High Bluff DrPrice: $1,995,000 The home sits on 9.37 acres, has 3,343 square feet of living space, and comes with an oversize three-car garage with room for a workshop. ——-- 2. 1453 Edwards DrPrice: $791,000 ——-- 3. 723 Walters LnPrice: $799,000 The three bedrooms and two bathrooms are all on one floor, and large windows highlight the views of the San Juan Islands. ——-- 4. 1484 Edwards DrPrice: $429,000 The living area is on the upper floor and includes the kitchen, dining room, living room, and more. The bedrooms are on the main level, and the views are simply amazing. ——-- 5. 157 Northwood DrPrice: $419,500 The ranch-style house was built in 2007 and sits on a quiet street. Vaulted ceilings and skylights let in abundant natural light. The listing also includes an additional lot for a large backyard. ——-- 6. 1469 Gulf RdPrice: $320,000 ——-- 7. 1966 Raleigh DrPrice: $237,500 The post 7 Homes in Point Roberts: Idyllic U.S. Outpost Is a Perfect Place to Self-Isolate appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/point-roberts-perfect-place-to-self-isolate/ Home-price growth accelerated in February to its highest level in more than a year, but the housing market’s momentum headed into the spring-selling season has been reversed in recent weeks by the coronavirus pandemic. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.2% in the year that ended in February, up from a 3.9% annual rate the prior month. February marked the highest annual growth rate since January 2019. The data, which was released Tuesday, is the latest indication that the housing market was set for a robust spring-selling season before the pandemic due to a strong job market at the time and low mortgage rates. Also on Tuesday, the Commerce Department reported that the homeownership rate ticked up to 65.3% in the first quarter, up from 64.2% a year earlier and the highest level since mid-2013. For households headed by someone under 35 years old, a key source of homebuying demand, the homeownership rate rose to 37.3% from 35.4% a year earlier. U.S. existing-home sales rose to a 13-year high in February, according to the National Association of Realtors. But sales dropped 8.5% in March, as buyers and sellers pulled out of pending deals or opted to stay out of the market. Economists expect home sales to fall more this month. As home sales fall, price growth is likely to slow in the coming months, said Danielle Hale, chief economist at Realtor.com. In recent weeks, “sellers are getting much less aggressive, which has led to declines in new listings and kept asking prices flat,” she said. News Corp, parent of The Wall Street Journal, operates Realtor.com. The Case-Shiller 10-city index gained 2.9% over the year ended in February, up from a 2.6% annual change in January. The 20-city index gained 3.5%, after an annual gain of 3.1% in February. Price growth accelerated in 17 of the 20 cities. Economists surveyed by The Wall Street Journal expected the 20-city index to gain 3.2%. Phoenix had the fastest home-price growth in the country, at 7.5%, followed by Seattle at 6%. A separate measure of home-price growth by the Federal Housing Finance Agency released last week found a 5.7% increase in home prices in February from a year earlier. The homeownership rate data showed that the number of owner households rose in the first quarter of 2020 from a year earlier, while the number of renter households fell. In the coming quarters, the homeownership rate could continue to rise if declining economic activity prompts more people to move in with roommates or family members, decreasing the number of renter households, said Mark Fleming, chief economist at First American Financial Corp. “One of the things we know is in a recession, people in college, people in their early 20s just out of college, really begin to hunker down,” he said. “You don’t run out and form a household when the economic environment is not healthy.” But the growth in the number of owner households is also likely to slow, said Ralph McLaughlin, chief economist at housing-finance startup Haus. “Some renters who would have bought a house this spring may be having to use their down payment for emergency funds during the pandemic, and as a result, will delay their plans to buy a home,” he said. The post U.S. Home-Price Growth Accelerated. Then Housing Market’s Momentum Was Hit by Coronavirus appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/u-s-home-price-growth-accelerated-then-housing-markets-momentum-was-hit-by-coronavirus/ The social media star and beauty mogul Kylie Jenner has added to her real estate holdings with the purchase of a knockout Los Angeles home for $36.5 million. TMZ first reported on the pricey purchase. While the luxury estate cost multimillions of dollars, Jenner actually made off with a pretty sweet deal. The brand-new build in the exclusive Holmby Hills neighborhood initially landed on the market last year for $55 million. The price had recently been reduced to a still pricey $46 million before Jenner snapped it up for an even steeper discount. All told, she was able to knock one-third off the original list price of the opulent abode. The posh property makes sense for the self-made billionaire, the youngest on the Forbes list. It features an Instagram-ready layout with 19,250 square feet of living space, seven bedrooms, and 14 bathrooms. The sleek, single-story compound includes an outdoor projection screen, indoor home theater, bars and game room, a gym, and a sports court. A chef’s kitchen opens to a family room, and there’s also a formal dining room. Along with the main house, the property also features two guest apartments with kitchenettes, and two more guest suites with private patios and entrances. A dedicated guardhouse comes with a full bath and kitchen. The grounds include nine covered spaces for Jenner’s cars, as well as an additional 20 parking places. Aside from the eyebrow-raising cost of the home, we’ve gleaned a few nuggets about her taste in real estate. Jenner prefers new buildsThe reality TV star bought her most recent Hidden Hills estate in 2016, when it was brand-new. She’s also having a vacation retreat custom-built in the Palm Springs area. With this most recent purchase, she’s bought brand-new yet again. If you’ve got the cash, there’s no need to spend dough on a lived-in home. It’s not her first buy in the areaAccording to reports, in 2018, she and Travis Scott, with whom she has a child, bought a home together in Beverly Hills for $13.5 million. The couple continue to spend time together, and this Holmby Hills abode is much closer to 90210 than the less accessible location of Hidden Hills. From Hidden Hills to Holmby HillsJust 22, the youngest of the Jenner-Kardashian clan had been involved in multiple real estate deals near her family’s digs. This latest purchase could signal a move out of the Hidden Hills home she has owned since 2016. She certainly put down roots in Hidden Hills. In 2016, the year she launched Kylie Cosmetics, she also splurged on a home buy or three. She picked up a 7,400-square-foot Cape Cod in Hidden Hills in May 2016 for $6 million, and then sold it two years later for $6.7 million. Built in 2015, the 7,000-square-foot home had six bedrooms, 6.5 bathrooms, rolling hills, and a pool on 3.15 acres. The savvy home shopper also bought the place right next door. She plunked down $4.5 million on a ranch-style home, and it was reportedly intended to be the headquarters for her company. Instead, she sold the place a year later for $5,275,000. Next, she bought a third Hidden Hills home for $12 million—which she currently owns. Offering eight bedrooms and 11 bathrooms spread over 13,200 square feet, the estate sits on 1.43 acres. It includes a gourmet kitchen with two islands, an adjoining great room with sliding walls of glass, a custom home theater, game room with wet bar, spacious gym, and massage room. The property also includes a guesthouse, pool and spa, as well as an enormous patio with outdoor kitchen, fire pit, and parking for six cars. The post Kylie Jenner Adds Brand-New $36.5M L.A. Mansion to Her Property Portfolio appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/kylie-jenner-adds-los-angeles-compound-to-property-portfolio/ If you’re on the prowl for a super-cute second home nestled in the woods, we advise you to head for rural Tennessee. Located in Athens, TN, which is an hour’s drive north of Chattanooga, this adorable one-bedroom, one-bath log cabin was an Airbnb smash. It’s listed with Mollie Morris of Weichert Realtors SEM Associates. The price? Only $85,000. That’s a steep dive from the asking price of $265,000 in April last year. Built in 1900, the cabin has undergone a series of price cuts in the past 12 months to arrive at its current discounted price. It last changed hands in 2005 for $160,000, after two months of restoration. With annual property taxes of only $895, this place is a sweet alternative to a condo with expensive monthly maintenance fees. What’s more, it pays for itself if you don’t happen to be living in it. The average nightly rate on Airbnb is $57. Although the cabin only covers 609 square feet, you have plenty of room to spread out and chill on the nearly half-acre property. Start with the front porch, which has a custom railing fashioned from branches. There’s also a back porch, with enough room to hold a variety of furnishings for an outdoor living area. Inside, the rock fireplace in the living room, horizontal planks on the walls, and a railing of branches that fronts the loft make this an artsy retreat. A barn door serves as the front door, painted a burgundy red. There’s a matching door off the kitchen, opening onto the back porch. In the loft, where the bedroom is located, the cathedral ceiling and walls have shiplap-like finishes that are painted a distressed white, for shabby-chic appeal. The shiplap effect is also used on the kitchen ceiling. The work done on the home has brought it out of rustic and into vogue. Note, for example, the dresser in the kitchen that has been repurposed into a sink stand. A clawfoot tub sits in the all-white bathroom, in acknowledgment of this property’s century-old roots. If you’re a buyer in search of simplicity and a sweet deal, this tiny Tennessee residence may fit the bill. The post In Search of the Simple Life? This Cute Cabin in Tennessee Is Mighty Tempting appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/cute-cabin-tiny-home-tennessee/ Itâs been two long years since Chip and Joanna Gaines wrapped up the final season of their hit HGTV show, âFixer Upper,â and fans have been missing them ever since. Now, at long last, theyâre back on TV, offering a preview of what will soon air on their own Magnolia Network! Owned by Discovery, the Magnolia Network will feature a variety of shows created by Chip and Jo about renovation, design, gardening, cooking, and running a successful business. âWhen Jo and I had the opportunity to take on the challenge of running a network,â Chip explains, âwe really wanted to make sure that we encompassed all the things that weâre passionate about in our family.â While the network was originally slated to launch in October, COVID-19 has pushed these plans forward to an unknown date. Nonetheless, Chip and Jo were far enough along in their production process to air a one-time special on Discoveryâs DIY Network. (The network will be rebranded as Magnolia once itâs launched.) Titled âMagnolia Presents: A Look Back and a Look Ahead,â this special gives fans a sneak peek at which shows to expect. Hereâs a look at what your favorite renovation duo have been up to! âHome on the RoadâAbner and Amanda Ramirez arenât the average family. Theyâre living the folk star lifestyle, touring the country with their band Johnnyswim and bringing along their two young kids (and one on the way) for the ride. Chip and Jo fans will probably recognize Johnnyswimâs hit song âHomeâ from the opening credits of âFixer Upper.â But âHome on the Roadâ will feature so much more than music. Viewers will get a peek into the challenges that go along with balancing kids and career, traveling, and making the road feel like home. âBespoke Kitchensâ
Chip and Jo have been known to create some incredible kitchens, but theyâre not the only experts when it comes to this home gathering space. Paul OâLeary and Helen Parker, stars of the new show âBespoke Kitchens,â are sure to give even the Gaineses a run for their money. Parker is an interior designer, while OâLeary is a furniture designer. Together, they create beautiful, colorful kitchens that feel timeless. This show is sure to inspire lots of new trends for kitchen renovation. âFamily DinnerâJo and Chip got into the food business with their restaurant, Magnolia Table, so it makes sense that theyâd include a show thatâs centered around food. Andrew Zimmern stars in âFamily Dinner,â where he learns all about familiesâ food traditions, discovering the secrets behind every dish from venison to mashed potatoes, cranberry sauce to desserts. âWhether itâs over Sunday supper, a holiday brunch, or a summer barbecue, families come together over food,â Zimmern says. âRestoration Roadâ
Clint Harp is best known for his furniture creations on âFixer Upper,â but now, heâs getting his own show. On âRestoration Road,â Harp will be hitting the road in search of the most exciting restorations and renovation projects in the country. Heâll find old barns and structures, and get hands-on with builders who are bringing old places back to life. One of those projects is a 270-year-old inn where George Washington once stayed. This historical building will be deconstructed in Pennsylvania and reconstructed in Texas, where it will operate once again as an inn. âGrowing FloretâWhatâs a home without a garden? (Or at least a vase of fresh-cut flowers?) âGrowing Floretâ centers on Erin and Chris Benzakein, a married couple who run a flower farm in Washington state. And business is blooming. Their farm is growing from 2 acres to 20, and Erin and Chris are hoping they can keep up. The show is sure to feature small business successes, floral tips, and lots of fun. âThe Fieldhouseâ
Many of the shows on the Magnolia Network will have some relation to home building and design, but one show, âThe Fieldhouse,â is focused on physical health and wellness. The star of the show, Justin Bane, explains that after suffering a football injury, he became interested in physical training. He decided to open a gym in Waco, TX, which lead to opening a bigger gym in Abilene, TX. Now, Bane is focused on making people feel better and helping them reach their goals. The show is certain to be packed with heart-warming stories of hard work and overcoming challenges. âSuper Dadâ
With Magnoliaâs big focus on family togetherness, itâs no wonder the Gaineses created a show just for kidsâ projects. âSuper Dadâ is centered on Taylor Calmus, who loves creating custom toys and playhouses for his kids. Now, heâs helping other dads to make something special for their families. Talk about sweet! âHome WorkâCandace and Andy Meredith have a big family. With her three boys, his three boys, and one little girl they have together, they are a modern âBrady Bunch,â according to Chip and Jo. But this family of nine needs to find a bigger place to live. Since Candace and Andy have already been restoring old homes together for six years, they think theyâre ready to take on an old schoolhouse, turning it into a dream home for their family. On their show, âHome Work,â theyâll create a custom home thatâs perfect for their custom family. âThe Lost KitchenâFood is sure to play a big role on the Magnolia Network, especially with the new show âThe Lost Kitchen.â This series will center around a small Maine restaurant, which shares a name with the show. This restaurant is small and is open for only six months out of the year, so reservations are limited. In fact, the series star and restaurant owner, Erin French, has an unconventional reservation system where she accept postcards from all over, then grants reservations based on these notes. Itâs an unconventional restaurant and likely to be an unconventional show. âInn the WorksâThe Gaineses are used to renovating homes, but what about renovating a home away from home? In âInn the Works,â Lindsey Kurowski is taking a big risk by buying and renovating a mountain lodge in Big Bear, CA. Sheâs hired her siblings to help her turn this run-down hotel into a rustic lodge with new life. But, theyâll have to do it quickly, because they havenât shut down the hotel for renovations. With guests needing help and design choices to be made, Kurowski is being pulled in all directions. Airbnb superhosts have nothing on this gal! ⦠and lots more!Of course, Chip and Jo couldnât create a network lineup without including some of their own family hijinks, too. They finish their special by showing off clips of some new projects of their own and new family adventures. It looks like weâll have to wait to find out what the Gainesâ new show (or perhaps shows) will be called, but itâs sure to have the coupleâs signature charm. The post A Sneak Peek at Chip and Joanna Gainesâ New Magnolia Network appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/a-sneak-peek-at-chip-and-joanna-gaines-new-magnolia-network/ Retired ski champion Lindsey Vonn and her fiance, P.K. Subban, have purchased a winning home in Beverly Hills, CA, according to Variety. The “reimagined” villa initially landed on the market in 2018 for $7.6 million. In 2019, the price dropped to $7.4 million and then $7.25 million last summer. Variety reports Vonn snagged it for $6.75 million. Built in 1958, the Mediterranean-style home was “reimagined” by local design firm KNA Design. The result is a modern European design described as a “modernized oasis” in the listing. Boasting four bedrooms and six bathrooms as well as “exceptional” ceiling heights, the glamorous interior spans 5,600 square feet. The high-end home includes enormous wall space for an art collection, a huge kitchen with double islands and bar seating, and a large living room with a fireplace. The spacious master suite includes dual baths and walk-in closets. The half-acre property features natural light and Sunset Canyon views. The grounds include grassy spaces, patios, and a pool. Other perks include a new Crestron AV system for sound and lighting, with multiple high-definition security cameras. The home also comes with a LifeSource Water filtration system, Tesla charger, and three-car garage. The villa sale includes the furnishings. Last year, Vonn placed her mountain retreat in Vail, CO, on the market for $6 million. It’s still available for $5.2 million, according to realtor.com®. Vonn reportedly traded her home in Vail for a home in New Jersey to be with Subban, who plays for the New Jersey Devils. In 2017, Vonn listed her smaller contemporary L.A. abode for $3.8 million. The property was sold in 2018 for $3.6 million. Vonn is one of the world’s most successful Alpine ski racers. She has won four World Cup overall championships, and was the first American woman to win gold in downhill at the 2010 Winter Olympics. She retired from the sport in 2019. Mia Trudeau with Hilton & Hyland held the listing. The post Lindsey Vonn Slaloms Into a Fully Renovated Villa in Beverly Hills appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/lindsey-vonn-buys-home-in-beverly-hills/ Ysvelia Silva planned to spend this spring training for the New York City Marathon. Instead, she is calling neighbors in her apartment complex and urging them not to pay rent next month. She and other tenant organizers say the majority of residents at a group of 17 buildings in Queens, N.Y., have committed to a rent strike effective May 1. The neighborhood’s five-story brick buildings of mostly affordable housing belong to a larger complex called the Cosmopolitan Houses. “Life has changed completely here,” said Ms. Silva, 66 years old, who closed her small leather-importing business due to coronavirus. Most of her neighbors, she said, are out of work or running out of money. Some are also infected with the virus. “No one goes through the trouble to do this because they want to. We’re not paying rent out of necessity.” Where most rent strikes arise from disputes between tenants and building owners, organizers say this one is meant to prod lawmakers into offering more rental assistance during the crisis. Ms. Silva’s part of Queens has been hit hard by coronavirus. The nearest hospital, Elmhurst Hospital Center, is among the most overburdened in the city and has been called “the epicenter of the epicenter” of the pandemic by the local city councilman. Many of the residents can’t afford rent next month, organizers say. Others are able to pay but say they won’t, to help bring more attention to the cause. The Queens strike is part of a nationwide effort to get tenants to stop paying rent on May 1 as they contend with widespread joblessness and economic hardship. Groups in California, Chicago, Philadelphia and elsewhere also are organizing strikes beginning that day. “Rent strikes are usually used for two things: to get landlords to lower the rent or to get landlords to improve conditions,” said Peter Dreier, professor of politics and public policy at Occidental College. “These rent strikes aren’t really about either.…This is really a protest that’s aimed at the government.” A number of New York-based tenant groups that have had some recent success pushing for rent-related reforms, including the Upstate/Downstate Housing Alliance and New York Communities for Change, called for a statewide strike of 1 million renters earlier this month. About one-third of U.S. households are renters, and nearly half of them were paying more than 30% of their incomes on rent and utilities before the coronavirus pandemic struck, according to the Harvard Joint Center for Housing Studies. While the federal government quickly offered forbearance options to many homeowners last month, assistance for most renters has been more varied by city and state. Landlords say rent payments are essential for them to pay their mortgages, taxes and building-maintenance costs. Almost 90% of apartment households paid all or at least part of their April rent by the 19th, a lower rate than normal, according to the National Multifamily Housing Council. Cosmopolitan Houses’ general manager, Steve Stadmeyer, said most of the complex’s tenants paid their rent in April and that staff has been directing tenants to programs that can help them financially. He declined to comment on whether the landlord would negotiate May rent. “We are grateful that the majority of residents have continued to pay their rent because it allows us to keep our buildings clean and residents and staff safe during these challenging times for our community,” he said in a statement. “Building porters and handymen are working every day in the epicenter of this pandemic. It means a lot to us that we have been able to keep them working.” In New York, rent strikers want state lawmakers to impose a “universal cancellation of any rent, mortgage, or utility payments owed or accumulated during the length of this crisis,” according to a document called the “Rent Strike Toolkit” that is being circulated by tenant groups. They are asking people who can afford their rent to join the strike, in the hopes of sending a more powerful message to elected officials. Some strikers say that landlords will need help, too, and that government action could be coupled with financial assistance to pay for building staff and maintenance. The Cosmopolitan Houses tenant association wrote in a letter to the landlord that government action should “include relief for small landlords with financial hardship” as a result of the strike. “I think that’s convoluted logic,” said Doug Bibby, president of NMHC. “The time it takes for that pain [of unpaid rent] to go through the system, how much time do we have for the politicians to make a decision?” Tenant activism has undergone a renaissance in recent years, as renting in major U.S. cities has become increasingly expensive. Activist groups have been a driving force behind the passage of new rent controls and eviction protections in several states and cities. In New York, all evictions are suspended until late June, and other cities have similar moratoriums. However, many tenants, legal-aid attorneys and other housing experts worry what will happen to those behind on rent once courts finally reopen. “I’m not sure there are too many housing-court judges that are going to look kindly on someone not paying rents because they felt it was unfair,” said Chris Herbert, managing director of the Harvard Joint Center for Housing Studies. The Metropolitan Life Insurance Co. built the Metropolitan Houses for working-class New Yorkers in the 1920s. During the Great Depression, monthly rents were just $8.35 a room, according to the New York Daily News. Two real-estate investors later acquired the properties, changed the name and raised rents. Tenants at the Cosmopolitan Houses have protested in the past about rent increases, which has helped organizers contact residents about the coming rent strike. Some tenants stopped paying rent in April, but organizers say the number of strikers is set to grow next month. Iván Contreras, a local activist who is helping to organize the tenants, said 80% of tenants in 17 of Cosmopolitan Houses’ 38 buildings have agreed to participate. “Since 1980, we have never missed a single month of rent,” said Claudia Nuñez, another tenant on strike who said she was infected with the coronavirus. “They have to make a consideration for us.” She said she depends on disability compensation following an injury at her previous job, adding those payments have been delayed. Carol Moss, who lives in the same building as Ms. Silva, said she hadn’t heard about the strike. “I know that feeling. I worked for 40 years for my last job and I know what it’s like to not be able to do something, but you still make do,” said Ms. Moss, who has lived in her apartment since 1978 and is retired. She will pay her May rent, she said. “I have to have somewhere to go.” The post Rent Strike Planned for May 1 as Pain of Coronavirus Deepens appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/rent-strike-planned-for-may-1-as-pain-of-coronavirus-deepens/ |
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