Housing market data positive despite Powell’s Grinch act

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales, purchase applications, and our weekly pending contract figures. Total

Dramatic Concrete-and-Glass Santa Monica Masterpiece Designed by Famed Architect Ray Kappe Lists for $4 Million

MLS via Realtor.com A jaw-dropping home constructed of concrete, steel, and glass—and complete with an incredible architectural pedigree—has hit the market in Santa Monica, CA, for just under $4 million. Completed in 1980, the imposing property was designed by renowned architect Ray Kappe and has no

Two charts that explain why Texas housing markets have stalled

Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. There weren’t many metro areas that rivaled the boom in Austin. The emerging technology sector brought wealth from the

Man Spends 3 Years Turning Abandoned Cabin Into an Off-Grid Paradise—Complete With Secret Underground Bunker

YouTube/Axes: Garage A man who spent three years turning a remote and abandoned cabin into an ultramodern off-grid oasis that boasts a secret underground bunker has now opened up about the fascinating project in a jaw-dropping YouTube video. Architect and craftsman Cawa Onbuti, from Belarus, discove