National Association of Realtors (NAR)

All hail the queen. Oprah Winfrey has worked her magic again. This time in a boffo real estate transaction.

The TV personality’s picturesque property on Orcas Island, WA—part of the San Juan Islands—has sold in an off-market deal for $14 million, according to Business Journals.

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It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.

News website The Atlantic summarized the sizzling home market this way:

“Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low.”¹

Meanwhile, homebuilders are contending with an increase in material costs and a shortage of labor. These issues come amid an ongoing shortage of

The former “Today Show” co-host Matt Lauer is once again trying to change the channel on his Hamptons home. His compound in Sag Harbor, NY, has returned to market with a price of $43,995,000.

The property had been listed in June 2019 for $44.8 million, following the former anchor’s divorce from Annette Roque. But that price failed to attract a buyer. The waterfront abode came back on the market in the fall of 2019, with a slightly lowered asking price of $43.99 million.

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Raise your cosmo! With filming underway of the HBO Max show “And Just Like That,” a sequel to “Sex and the City,” Cynthia Nixon has also been busy off-camera.

The actress and her wife, Christine Marinoni, have reportedly picked up a Manhattan multiunit townhome for $4.4 million, according to the New York Post. Located on the East Side Kip’s Bay neighborhood, the posh property offers a total of 4,000 square feet and exposed brick walls, and is currently configured as three apartments. 

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Back in the mid-1990s, the legendary actor and director Robert Redford scooped up a ranch in Charleston, UT.

The rustic (yet refined) property is just a 15-minute drive north of Sundance, UT, where he famously founded the Sundance Mountain Resort and Sundance Institute, which organizes the Sundance Film Festival.

Known as Horse Whisper Ranch, the 30-acre parcel—which Redford transformed into a horse ranch—is now on the market for $4.9 million.

The offering includes four buildings: a 1,460-square-foot cottage with two bedrooms) a 1,996-square-foot garden/hobby house, a wood shop spanning 3,200 square feet, as well as a garage to store boats and an RV. Horse riding facilities include a pasture, hay barn, four-stall breezeway barn, and covered

The manor was built by the celebrated Black architect Paul R. Williams in 1936, for the businessman Jacob “Jay” Paley, who paid about $100,000.

Built in a grand English Georgian style, the property is set on over 2.5 acres and spans 15,000 square feet.

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Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.

Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected financial boost to many homeowners during a challenging time.
However, for some renters, rising home prices are making dreams of homeownership feel further out of reach.

If you’re a homeowner, it’s important for you to understand how your home’s value contributes to your overall net worth.
If you’re a renter, now is the time for you to figure out how homeownership fits into your short-term goals and your long-term financial future. An

Take a Look At What Madonna Bought This $19.3M Home From The Weeknd

The 3-acre estate in the Hidden Hills, CA (where the extended Kardashian clan also lives) offers plenty of privacy—just right for a global superstar.

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4 Years After Landing on the Market, Kelly Clarkson’s Tennessee Mansion Finally Sells.

After four years and multiple price cuts, Kelly Clarkson seems to have snagged a buyer for her melodious mansion in Hendersonville, TN, the New York Post reported.

The property is currently in pending sale status. It was last on the market for $6,950,000.

Clarkson and her now-estranged husband, Brandon Blackstock, picked up the mansion for $2,860,000 in 2012. The former couple spent plenty of money on renovations, but a sale near the list price will result in a nice return on the initial investment.

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Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right?

For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home with several unused bedrooms can become impractical to heat and clean. It’s no surprise that life transitions often trigger a home purchase.

While your home-buying journey may not look like your neighbor’s or friend’s, broad trends can help you understand what to keep in mind as you house hunt. No one wants to regret their home purchase, and taking the time now to think about exactly what you need