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		<title>Historic 1927 Park Hill Tudor in Denver Hits Market for $1.59 Million</title>
		<link>https://mydailyrealestatenews.com/historic-1927-park-hill-tudor-in-denver-hits-market-for-1-59-million/</link>
					<comments>https://mydailyrealestatenews.com/historic-1927-park-hill-tudor-in-denver-hits-market-for-1-59-million/#respond</comments>
		
		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sun, 18 Oct 2026 07:30:45 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[Denver]]></category>
		<category><![CDATA[Denver CO]]></category>
		<category><![CDATA[Hill]]></category>
		<category><![CDATA[Historic]]></category>
		<category><![CDATA[Historic Homes]]></category>
		<category><![CDATA[hits]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[Million]]></category>
		<category><![CDATA[Park]]></category>
		<category><![CDATA[Tudor]]></category>
		<category><![CDATA[Tudor Architecture]]></category>
		<category><![CDATA[video]]></category>
		<guid isPermaLink="false">https://mydailyrealestatenews.com/historic-1927-park-hill-tudor-in-denver-hits-market-for-1-59-million/</guid>

					<description><![CDATA[<p>A 1927 Tudor in Denver’s Park Hill neighborhood has come to market for $1.59 million, marking the first time the home has been offered for sale since 1967. Set on a wooded 9,148-square-foot lot, the four-bedroom, 2.5 bath home at 1755 Glencoe Street was custom built for Howard E. and Wilma M. Lorton. They founded [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/historic-1927-park-hill-tudor-in-denver-hits-market-for-1-59-million/">Historic 1927 Park Hill Tudor in Denver Hits Market for $1.59 Million</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
]]></description>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">A 1927 Tudor in Denver’s Park Hill neighborhood has come to market for $1.59 million, marking the first time the home has been offered for sale since 1967.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Set on a wooded 9,148-square-foot lot, the four-bedroom, 2.5 bath home at <a target="_blank" href="https://www.realtor.com/realestateandhomes-detail/1755-Glencoe-St-37_Denver_CO_80220_M96890-50254" rel="noopener">1755 Glencoe Street</a> was custom built for <strong>Howard E.</strong> and <strong>Wilma M. Lorton</strong>. They founded the business that became Howard Lorton Furniture &amp; Design that same year.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Its story reaches from the Lorton family’s design and business legacy to the Lewis family’s civic leadership and the Kopels&#8217; work in law, public service and civil rights,&#8221; says listing agent <a target="_blank" href="https://www.realtor.com/realestateagents/56d710fade071e0100645039" rel="noopener"><strong>Aaron Luttrell</strong> of LIV Sotheby’s International Realty</a>.</p>
<p><iframe height="230px" style="width:100%;border:0" src="https://www.realtor.com/creative/rdc-ads/local-listings-widget/" loading="lazy" title="Embedded widget"></iframe></p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption"> The living room features a wood-plank ceiling with solid-wood beams and a Deco-inspired fireplace</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
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<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The dining room, which connects to an outdoor patio</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
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<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Inside the home&#8217;s kitchen</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The Lortons sold the home in 1935 to Harry T. and Margretta B. Lewis. Their son, <strong>Harry T. Lewis </strong>Jr., grew up there and became a prominent investment banker who chaired the Denver Museum of Nature &amp; Science and the Denver Metro Chamber of Commerce.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Attorneys <strong>Jerry</strong> and <strong>Dolores Kopel</strong> moved into <a target="_blank" href="https://www.realtor.com/realestateandhomes-detail/1755-Glencoe-St-37_Denver_CO_80220_M96890-50254" rel="noopener">the home</a> in 1967. Jerry Kopel served 22 years in the <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/Colorado" rel="noopener">Colorado</a> House of Representatives and helped lead efforts to integrate Park Hill. President <strong>Jimmy Carter</strong> appointed Dolores Kopel U.S. bankruptcy trustee for Colorado and <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/Kansas" rel="noopener">Kansas</a>, and she led a court reform pilot program that became a national model. Their son, constitutional law professor <strong>David Kopel</strong>, has lived in the home on and off since childhood.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;What distinguishes this 1927 Tudor is how much of its original craftsmanship and personality remains,&#8221; Luttrell says.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The living room features a wood-plank ceiling with solid-wood beams, original sconces and an Art Deco-inspired fireplace, and one of two wood-burning fireplaces in the home. Solid-wood trim and refinished white-oak floors with walnut surrounds run throughout, and an upstairs bedroom retains its original Lorton light fixtures.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The layout includes distinct living, dining and kitchen spaces. The dining room opens to an outdoor patio, and a main-floor den offers room to read or work. The finished basement consists of a family room, a bonus room and two walls of built-in bookshelves.</p>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">One of four bedrooms in the home</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">A quiet first floor office space</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">A private backyard surrounded by mature landscaping</span><span class="sc-1d9c28t-2 nMMWW image-credit">Alex Geller</span></figcaption></figure>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Recent updates have focused on the home’s systems, including a new roof, fresh interior paint, extensive plumbing and electrical work and a high-efficiency boiler for the hydronic heating. The upstairs bathroom keeps its distinctive original tile. An attached two-car garage can be reached from both the front and back of the property.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The home sits among Park Hill’s tree-lined streets and historic parkways, near City Park, the Denver Zoo and the Park Hill Library.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“For a buyer who values historic architecture, it is an opportunity to become the next steward of a home with a meaningful place in Denver’s story,” Luttrell says.</p>
<p><a target="_blank" data-testid="text-widget" class="sc-s4khec-0 jknOCu" href="https://www.realtor.com/myaccount/signin?config=NEWS_AND_INSIGHTS_SIGNUP&amp;redirect_url_override=/myaccount/profile/settings/" rel="noopener"></p>
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<p class="base__StyledType-rui__sc-18muj27-0 hxcYYy">Larissa Runkle is a seasoned real estate writer, lifestyle journalist, and marketing strategist with over a decade of experience and 2,000+ published articles. Her work covering housing, personal finance, and lifestyle has appeared in major publications like Bankrate, MarketWatch, Yahoo Finance, and New York Post. In 2023, she launched a boutique copywriting studio to partner with land developers and top brokerages, creating strategic content that builds lasting brand authority. When she isn’t writing, Larissa enjoys the outdoors from her home in the San Juan Mountains of Colorado, where she lives with her husband, son, and German shepherd, Yoko.</p>
</div>
<p><br />
<br /><a href="https://www.realtor.com/news/unique-homes/denver-park-hill-historic-1927-tudor-for-sale/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/historic-1927-park-hill-tudor-in-denver-hits-market-for-1-59-million/">Historic 1927 Park Hill Tudor in Denver Hits Market for $1.59 Million</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>Data Center Chip Market Set to Reach $1 Trillion by 2035</title>
		<link>https://mydailyrealestatenews.com/data-center-chip-market-set-to-reach-1-trillion-by-2035/</link>
					<comments>https://mydailyrealestatenews.com/data-center-chip-market-set-to-reach-1-trillion-by-2035/#respond</comments>
		
		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Wed, 14 Oct 2026 06:43:30 +0000</pubDate>
				<category><![CDATA[My Daily Real Estate News]]></category>
		<category><![CDATA[Center]]></category>
		<category><![CDATA[Chip]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[reach]]></category>
		<category><![CDATA[set]]></category>
		<category><![CDATA[trillion]]></category>
		<guid isPermaLink="false">https://mydailyrealestatenews.com/data-center-chip-market-set-to-reach-1-trillion-by-2035/</guid>

					<description><![CDATA[<p>Led by North America, the global data center chip market was valued at US$314.87 billion in 2025 and is projected to surpass US$1 trillion by 2035, expanding at a CAGR of 12.49%, DC Market Insights says in a new report. AI accelerators now represent the largest chip value pool inside data centers, while custom silicon, [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/data-center-chip-market-set-to-reach-1-trillion-by-2035/">Data Center Chip Market Set to Reach $1 Trillion by 2035</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
]]></description>
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<p class="wp-block-paragraph">Led by North America, the global data center chip market was valued at US$314.87 billion in 2025 and is projected to surpass US$1 trillion by 2035, expanding at a CAGR of 12.49%, DC Market Insights says in a new report. AI accelerators now represent the largest chip value pool inside data centers, while custom silicon, high-bandwidth memory and AI networking are changing the mix of semiconductor content per server and per rack, according to DC Market Insights’ <a href="https://www.dcmarketinsights.com/report/data-center-chip-market" target="_blank" rel="noopener"><em>Data Center Chip Market: Size, Share &amp; Forecast to 2035</em></a>.   </p>
<p class="wp-block-paragraph">Accelerator spending reached approximately US$169.77 billion in 2025, equal to 53.9% of the total data center chip market. Custom in-house silicon is projected to rise from 16.6% of market value in 2025 to 29.7% by 2035 as hyperscalers design more workload-specific chips.   </p>
<p class="wp-block-paragraph">“The data center semiconductor market has crossed a structural threshold: accelerators now carry more value than CPUs, memory or networking alone,” said report author Amit Jain, senior consultant, ICT &amp; emerging technologies, DC Market Insights. “Over the next decade, the biggest change will be the rise of custom silicon and system-level co-design, where compute, memory and network chips are selected together around the economics of the workload and the power available to the data center.”</p>
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<p><br />
<br /><a href="https://www.connectcre.com/stories/data-center-chip-market-set-to-reach-1-trillion-by-2035/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/data-center-chip-market-set-to-reach-1-trillion-by-2035/">Data Center Chip Market Set to Reach $1 Trillion by 2035</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>Stylist Aaron Hom’s $750K Oakland Craftsman Bungalow Hits the Market</title>
		<link>https://mydailyrealestatenews.com/stylist-aaron-homs-750k-oakland-craftsman-bungalow-hits-the-market/</link>
					<comments>https://mydailyrealestatenews.com/stylist-aaron-homs-750k-oakland-craftsman-bungalow-hits-the-market/#respond</comments>
		
		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sat, 10 Oct 2026 20:00:15 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[750K]]></category>
		<category><![CDATA[Aaron]]></category>
		<category><![CDATA[Bungalow]]></category>
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					<description><![CDATA[<p>Stylist Aaron Hom has styled rooms for Restoration Hardware and Design Within Reach, but some of his most personal work has happened at home—and, usually in very small spaces. His latest project, a 1922 bungalow in the Maxwell Park neighborhood in Oakland, CA, is now on the market for $750,000. In 2009, House Beautiful photographed [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/stylist-aaron-homs-750k-oakland-craftsman-bungalow-hits-the-market/">Stylist Aaron Hom’s $750K Oakland Craftsman Bungalow Hits the Market</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Stylist <strong>Aaron Hom</strong> has styled rooms for Restoration Hardware and Design Within Reach, but some of his most personal work has happened at home—and, usually in very small spaces. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">His latest project, <a target="_blank" href="https://www.realtor.com/realestateandhomes-detail/2921-55th-Ave_Oakland_CA_94605_M17765-09166" rel="noopener">a 1922 bungalow</a> in the Maxwell Park neighborhood in <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/Oakland_CA" rel="noopener">Oakland, CA</a>, is now on the market for $750,000.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">In 2009, House Beautiful photographed Hom&#8217;s earlier Craftsman bungalow. He had furnished it with midcentury pieces and secondhand finds, making the compact home feel larger with his use of light, layout and easy access to the outdoors.</p>
<p><iframe height="230px" style="width:100%;border:0" src="https://www.realtor.com/creative/rdc-ads/local-listings-widget/" loading="lazy" title="Embedded widget"></iframe></p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">For the 870-square-foot, two-bedroom home, he has applied the same strategy on a larger scale. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;The interiors are beautifully designed, but then you step outside and the property just keeps unfolding,&#8221; says listing agent <a rel="noopener noreferrer" target="_blank" href="https://kairealestate.com/agent-jodi-nishimura"><strong>Jodi Nishimura</strong> of Kai Real Estate</a>.</p>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The dining room, styled by Aaron Hom</span><span class="sc-1d9c28t-2 nMMWW image-credit">Aaron Hom</span></figcaption></figure>
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<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The living room space just opposite the dining room</span><span class="sc-1d9c28t-2 nMMWW image-credit">Aaron Hom</span></figcaption></figure>
</div>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The home&#8217;s unique living spaces extend into the styled backyard</span><span class="sc-1d9c28t-2 nMMWW image-credit">Open Homes Photography</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Hom, who lived in a loft during the pandemic and wanted an outdoor space of his own, bought <a target="_blank" href="https://www.realtor.com/realestateandhomes-detail/2921-55th-Ave_Oakland_CA_94605_M17765-09166" rel="noopener">the house</a> in 2021. He looked at about 40 properties before settling on this one for its backyard. The facade gives little away, but once you&#8217;re past it, Hom says, &#8220;it&#8217;s a private world.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The kitchen opens onto a large deck that Hom treats as an extra room for meals and gatherings, and there&#8217;s also a hot tub. Paths wind through drought-tolerant grasses, sunflowers, strawberries, persimmons and passion fruit to a sculpture garden patio and a 130-square-foot studio set up as an office. A vine-covered arbor rounds out the grounds.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;It&#8217;s true indoor-outdoor <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/California" rel="noopener">California</a> living,&#8221; Nishimura says.</p>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">One of two bedrooms inside the home</span><span class="sc-1d9c28t-2 nMMWW image-credit">Open Homes Photography</span></figcaption></figure>
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<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The kitchen, which leads directly into the backyard</span><span class="sc-1d9c28t-2 nMMWW image-credit">Open Homes Photography</span></figcaption></figure>
</div>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">A quiet dining or work space outdoors</span><span class="sc-1d9c28t-2 nMMWW image-credit">Aaron Hom</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Earlier owners handled much of the interior renovation, with Hom adding the designer finishes. Nishimura describes the kitchen as modern but elegant and the bathroom as artfully done.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;It&#8217;s pretty rare to find a home in Maxwell Park with this level of impeccable design,&#8221; she says. &#8220;That level of curation is difficult to replicate.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The neighborhood, which dates to 1921, borders the Dimond District&#8217;s shops and restaurants and sits near trails in the Oakland Hills.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Maxwell Park is a bit of a hidden gem in Oakland,&#8221; Nishimura says. &#8220;For me, it&#8217;s really the combination of the design, the gardens and the indoor-outdoor experience. It&#8217;s a classic California bungalow that has been elevated by someone with a really sophisticated design eye.&#8221;</p>
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<p class="base__StyledType-rui__sc-18muj27-0 hxcYYy">Larissa Runkle is a seasoned real estate writer, lifestyle journalist, and marketing strategist with over a decade of experience and 2,000+ published articles. Her work covering housing, personal finance, and lifestyle has appeared in major publications like Bankrate, MarketWatch, Yahoo Finance, and New York Post. In 2023, she launched a boutique copywriting studio to partner with land developers and top brokerages, creating strategic content that builds lasting brand authority. When she isn’t writing, Larissa enjoys the outdoors from her home in the San Juan Mountains of Colorado, where she lives with her husband, son, and German shepherd, Yoko.</p>
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<br /><a href="https://www.realtor.com/news/unique-homes/aaron-hom-oakland-craftsman-bungalow-lists-for-750k/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/stylist-aaron-homs-750k-oakland-craftsman-bungalow-hits-the-market/">Stylist Aaron Hom’s $750K Oakland Craftsman Bungalow Hits the Market</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>eXp Con 2026 spotlights agent tools and AI amid market headwinds</title>
		<link>https://mydailyrealestatenews.com/exp-con-2026-spotlights-agent-tools-and-ai-amid-market-headwinds/</link>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sat, 10 Oct 2026 05:53:19 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
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					<description><![CDATA[<p>eXp Con 2026 spotlights agent tools and AI amid market headwinds Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What&#8217;s New? Updated 9 hours ago Source link</p>
<p>The post <a href="https://mydailyrealestatenews.com/exp-con-2026-spotlights-agent-tools-and-ai-amid-market-headwinds/">eXp Con 2026 spotlights agent tools and AI amid market headwinds</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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<br /><a href="https://www.housingwire.com/articles/exp-con-2026-agent-tools/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/exp-con-2026-spotlights-agent-tools-and-ai-amid-market-headwinds/">eXp Con 2026 spotlights agent tools and AI amid market headwinds</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>Why Homebuyers Should Be Watching the Global Bond Market Meltdown</title>
		<link>https://mydailyrealestatenews.com/why-homebuyers-should-be-watching-the-global-bond-market-meltdown/</link>
					<comments>https://mydailyrealestatenews.com/why-homebuyers-should-be-watching-the-global-bond-market-meltdown/#respond</comments>
		
		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Fri, 09 Oct 2026 13:45:11 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
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					<description><![CDATA[<p>As U.S. homebuyers scrutinize the surge of mortgage rates and debate the Federal Reserve&#8217;s next move, an even bigger story has been unfolding across global trading floors that directly affects Americans&#8217; pocketbooks. For the past month, global bond markets have been in the grips of a historic sell-off triggered by a tangle of complex economic [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/why-homebuyers-should-be-watching-the-global-bond-market-meltdown/">Why Homebuyers Should Be Watching the Global Bond Market Meltdown</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">As U.S. homebuyers scrutinize the surge of <a target="_blank" id="https://www.realtor.com/news/trends/mortgage-rates-fed-hikes-today-october-8-2026/" type="link" href="https://www.realtor.com/news/trends/mortgage-rates-fed-hikes-today-october-8-2026/" rel="noopener">mortgage rates</a> and debate the <a rel="noreferrer noopener" target="_blank" id="https://www.federalreserve.gov/" type="link" href="https://www.federalreserve.gov/">Federal Reserve&#8217;s</a> next move, an even bigger story has been unfolding across global trading floors that directly affects Americans&#8217; pocketbooks.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">For the past month, global bond markets have been in the grips of a historic sell-off triggered by a tangle of complex economic issues ranging from the <a target="_blank" id="https://www.realtor.com/news/trends/mortgage-interest-rates-now-july-23-2026/" type="link" href="https://www.realtor.com/news/trends/mortgage-interest-rates-now-july-23-2026/" rel="noopener">ongoing war in Iran</a> to rising deficits to the race to build out data centers to power artificial intelligence.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">While at first glance it might seem that the realm of high finance is far removed from homebuyers&#8217; affordability hurdles and climbing monthly mortgage payments, these market moves are a key factor influencing housing costs.</p>
<p><iframe height="230px" style="width:100%;border:0" src="https://www.realtor.com/creative/rdc-ads/local-listings-widget/" loading="lazy" title="Embedded widget"></iframe></p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">One thing to keep in mind is that the Federal Reserve does not directly set mortgage rates. The central bank instead controls the overnight rate for lending between commercial banks, while mortgage rates are set by the free market.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Mortgage rates closely follow the 10-year Treasury yield, which moves in response to inflation signals and other signals about financial conditions. Persistent war-related oil shocks, with Brent crude topping $100 per barrel, have fueled worldwide inflation fears this year.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The 10-year Treasury yield, or the interest rate paid to bondholders, has climbed sharply in recent weeks, hitting a fresh two-decade peak of 5.36% this week, up from 4.67% in August.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Meanwhile, Freddie Mac&#8217;s average rate on 30-year fixed home loans went from 6.66% to 7.4% in about a month.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph"><a target="_blank" id="https://www.realtor.com/research/author/jkrimmel/" type="link" href="https://www.realtor.com/research/author/jkrimmel/" rel="noopener">Realtor.com® senior economist <strong>Jake Krimmel</strong></a> notes that the difference for a buyer on a $2,000 monthly payment budget works out to roughly $19,000 less house, highlighting the real-world effects of financial markets on homebuyers&#8217; finances.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph"><strong>Jay Hatfield</strong>, CEO at <a rel="noreferrer noopener" target="_blank" id="https://www.infracapfunds.com/?gad_source=1&amp;gad_campaignid=203343384&amp;gbraid=0AAAAADo1t-j-qOpWogTxlMuqSqbdtBFOU&amp;gclid=CjwKCAjw_pzWBhAkEiwAwDCi1W_ip9IcM8GU8sDHlRXImZ8dJvzO9RXlrZLyNTp-RRNT06TP3Q45cRoCzrsQAvD_BwE" type="link" href="https://www.infracapfunds.com/?gad_source=1&amp;gad_campaignid=203343384&amp;gbraid=0AAAAADo1t-j-qOpWogTxlMuqSqbdtBFOU&amp;gclid=CjwKCAjw_pzWBhAkEiwAwDCi1W_ip9IcM8GU8sDHlRXImZ8dJvzO9RXlrZLyNTp-RRNT06TP3Q45cRoCzrsQAvD_BwE">Infrastructure Capital Management</a> in <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/New-York" rel="noopener">New York</a> City, considers the global oil shortage and subsequent inflation to be the underlying cause of climbing rates.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Even though people talk about [AI] hyperscale spending and the federal budget deficit, all that existed two weeks before the 10-year was at 4%, so that&#8217;s the key driver,&#8221; Hatfield tells Realtor.com.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Bond prices and yields move inversely. When bonds are offloaded en masse and their prices fall, yields are pushed up. Inflation is a key factor for the bond market, because inflation can wipe out the gains from fixed-income investments, prompting investors to demand higher yields. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Oil supply disruptions have fueled inflation concerns worldwide, prompting spooked investors to sell bonds on a scale not seen in years. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">In doing so, bond yields rose, headlined by France&#8217;s 10-year yield surging to its highest level since 2002. Similarly historic routs were recorded in the U.K. and Italy. Due to the deep interconnectedness of global financial markets, the European panic quickly spilled into the U.S.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Yet, high oil prices and geopolitical tensions are not the sole culprits: Skyrocketing government debt and rising deficits continue to act as the quiet force steering this global sell-off.</p>
<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">The role of government debt and deficits</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Major world powers are running eye-wateringly high fiscal deficits that are adding to their national debts, with the U.S. national debt exceeding $40 trillion and some European nations&#8217; debt-to-GDP ratios at or above 100%. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">As governments continue to run heavy deficits, they are forced to issue new government bonds. When bond supply outpaces natural market demand, prices fall and yields rise to attract investors. In some cases, this can create a vicious cycle in which rising interest rates add to deficits, forcing even more bond issuances. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">A case in point is France, where a lack of currency sovereignty, sluggish economic growth, and political paralysis raise long-term risks of a sovereign debt crisis, analysts say.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">France&#8217;s public debt is inching toward 120% of GDP, while its budget deficit remains one of Europe’s largest. Following the snap election of 2024, the French Parliament has been deeply divided and ineffectual in passing meaningful spending cuts.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Investors are skeptical that next year&#8217;s presidential election will lead to the implementation of necessary spending reductions or tax increases, contributing to anxiety about a possible default on government debt.  </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">While some analysts have raised the specter of a similar debt spiral in the U.S., Hatfield argues that it is much more of a concern overseas.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;It&#8217;s extremely unlikely in the U.S. because the economic growth is strong and the debt-to-GDP is stable,&#8221; he notes. &#8220;Europe is way worse. France has the highest yields in the Eurozone. France is unhinged, and I would watch that.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Hatfield is optimistic that unlike Eurozone economies, the U.S. can &#8220;grow out of our problem,&#8221; even though he does not foresee the federal government acheiving a balanced budget anytime soon.</p>
<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">AI spending also a factor</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Then are also questions about how massive spending on artificial intelligence may affect global and domestic bond markets.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Hyperscalers and tech giants such as Amazon, Alphabet, and Meta have been issuing corporate bonds to fund new data centers.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Essentially, this forces investors with a finite amount of capital to choose between these high-grade corporate bonds and U.S. Treasuries, putting pressure on the government to boost yields to stay competitive and lure buyers. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">However, Hatfield downplays the impact of AI capital expenditures on rates, reminding that the AI boom existed before the outbreak of the war with Iran in February.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Everybody wants to blame AI for every problem in the world,&#8221; he says. </p>
<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">What the future holds</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Krimmel argues that elevated 10-year yields are something that consumers will have to get used to.  </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;There are structural factors already pushing yields up, including expectations about growth and future spending in an AI-driven economy, a higher neutral interest rate as a result, and increased competition for capital,&#8221; he says.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">On top of that, the market has to contend with other inflationary pressures like global supply shocks that keep cropping up, plus a shakier domestic fiscal picture.  </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Hatfield is even blunter on that point, forecasting a recession for the U.S. residential real estate market.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;We&#8217;re already in a housing recession, and we expect it to get significantly worse,&#8221; he argues.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Analysts and traders say that the current bond market turmoil could get worse before it gets better, which could mean higher mortgage rates for the foreseeable future.</p>
</div>
<p><br />
<br /><a href="https://www.realtor.com/news/trends/global-bond-markets-crisis-treasury-yields-mortgage-rates/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/why-homebuyers-should-be-watching-the-global-bond-market-meltdown/">Why Homebuyers Should Be Watching the Global Bond Market Meltdown</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>The Bloc is back on the market as downtown L.A.’s office market shows signs of bottoming out</title>
		<link>https://mydailyrealestatenews.com/the-bloc-is-back-on-the-market-as-downtown-l-a-s-office-market-shows-signs-of-bottoming-out/</link>
					<comments>https://mydailyrealestatenews.com/the-bloc-is-back-on-the-market-as-downtown-l-a-s-office-market-shows-signs-of-bottoming-out/#respond</comments>
		
		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Wed, 07 Oct 2026 23:26:21 +0000</pubDate>
				<category><![CDATA[My Daily Real Estate News]]></category>
		<category><![CDATA[bloc]]></category>
		<category><![CDATA[block]]></category>
		<category><![CDATA[bottoming]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[condon]]></category>
		<category><![CDATA[Downtown]]></category>
		<category><![CDATA[downtown l. a.]]></category>
		<category><![CDATA[downtown office tower]]></category>
		<category><![CDATA[L.A.s]]></category>
		<category><![CDATA[landmark complex]]></category>
		<category><![CDATA[los angeles times]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[Office]]></category>
		<category><![CDATA[office skyscraper]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[retail portion]]></category>
		<category><![CDATA[Sale]]></category>
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					<description><![CDATA[<p>The Bloc, a massive mixed-use complex in the heart of downtown Los Angeles, is on the block for sale as the commercial property market shows signs it is bottoming out with buildings changing hands at big discounts. The complex fills a city block in the financial district with an office skyscraper, the high-rise Sheraton Grand [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/the-bloc-is-back-on-the-market-as-downtown-l-a-s-office-market-shows-signs-of-bottoming-out/">The Bloc is back on the market as downtown L.A.’s office market shows signs of bottoming out</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
]]></description>
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<p>The Bloc, a massive mixed-use complex in the heart of downtown Los Angeles, is on the block for sale as the commercial property market shows signs it is bottoming out with buildings changing hands at big discounts. </p>
<p>The complex fills a city block in the financial district with an office skyscraper, the high-rise Sheraton Grand hotel and a shopping center that is home to a Uniqlo and Alamo Drafthouse Cinema.</p>
<p>It is an unofficial downtown landmark that was considered chic when it opened as an indoor mall in the 1970s. For years, tourists flocked to the premier address at 7th and Flower streets.</p>
<p>By 2013, then-Macy’s Plaza had devolved into a dated, downscale relic that got little love despite its location near offices, hotels and a busy subway interchanget.</p>
<div class="enhancement" data-click="enhancement" data-align-right="">
<figure class="figure m-0"> <img decoding="async" src="https://ca-times.brightspotcdn.com/dims4/default/a645d3a/2147483647/strip/true/crop/5730x3511+0+0/resize/1200x735!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F43%2F4c%2Fe94eeda3f2d0771b1357df4f0dcb%2F2797414-fi-0519-bloc-ratkovich-brv-9606.JPG"/>   </p>
<div class="figure-content m-0 mb-5 px-5 font-cms-font-service-text text-xs leading-3.5 font-medium text-cms-color-brand-text lg:px-0">
<p>May 2017 photo of developer Wayne Ratkovich at The Bloc.</p>
<p>(Los Angeles Times)</p>
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<p>L.A. developer <a class="link" href="https://www.latimes.com/california/story/2023-09-26/wayne-ratkovich-developer-who-saved-some-of-l-a-s-best-known-architectural-gems-dies-at-82" target="_blank" rel="noopener">Wayne Ratkovich</a> launched a challenging makeover project that included tearing the roof off the central courtyard to make it an outdoor shopping center, adding shops and restaurants along the sidewalk, and punching a portal to the 7th Street/Metro Center subway station. </p>
<p>Unexpected construction issues slowed work and helped drive costs well over the original $180-million budget to more than $250 million, and <a class="link" href="https://www.latimes.com/business/la-fi-ratkovich-bloc-20180402-story.html" target="_blank" rel="noopener">Ratkovich Co. sold its interest in the property in 2018</a> to one of its financial partners, National Real Estate Advisors, which is now selling the property. </p>
<p>The nearly 500-room Sheraton will be sold separately from the rest of the complex, said real estate broker Mike Condon Jr. of Cushman &amp; Wakefield, who is managing the sale of the 1.2-million-square-foot office and retail portion of the Bloc. </p>
<p>Condon said a price hasn’t been set, but a real estate expert familiar with the property but not authorized to speak about it publicly said the office and retail portion is worth about $160 million.</p>
<div class="enhancement" data-click="enhancement" data-align-center="">
<figure class="figure m-0"> <img decoding="async" src="https://ca-times.brightspotcdn.com/dims4/default/bb09451/2147483647/strip/true/crop/5251x3501+0+0/resize/1200x800!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2Fce%2F6f%2F4c1dc3f44fa0a969b693dac3ab11%2F1573362-fi-the-bloc-for-sale-eat-0003.jpg"/>   </p>
<div class="figure-content m-0 mb-5 px-5 font-cms-font-service-text text-xs leading-3.5 font-medium text-cms-color-brand-text lg:px-0">
<p>A man walks by a mural at The Bloc in Los Angeles.</p>
<p>(Eric Thayer/Los Angeles Times)</p>
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<p>Part of its potential lies in the future. The current owners have <a class="link" href="https://www.latimes.com/business/story/2025-04-18/residential-skyscraper-for-downtown-l-a-mall-clears-hurdle-to-city-approval" target="_blank" rel="noopener">secured city permission</a> to build a 41-story apartment or condo tower on top of the Bloc’s original 12-story garage. They also received city approval to add digital signage to all four sides of the complex, which could bring in advertising revenue to a new owner.</p>
<p> The former anchor Macy’s store at the Bloc closed last year, but Condon said that empty space could be desirable for a buyer with new plans for the complex. </p>
<p>“That vacancy is where a lot of the value for the project will be derived,” he said. “That’s the big opportunity.”</p>
<p>Downtown office towers have traded at a deep discount in recent years after occupancy plummeted in the wake of the COVID pandemic. Among the buyers have been owner-users such as fund manager <a class="link" href="https://www.latimes.com/business/story/2026-06-16/capital-group-buys-bunker-hill-skyscraper" target="_blank" rel="noopener">Capital Group</a> and Los Angeles County.</p>
<p>The drop in downtown office leasing appears to be waning, Condon said. “The office market probably found its floor sometime last year, and we have seen some positive leasing momentum across the market.”</p>
</p></div>
<p><br />
<br /><a href="https://www.latimes.com/business/story/2026-10-07/bloc-downtown-l-a-s-landmark-complex-is-up-for-sale-again" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/the-bloc-is-back-on-the-market-as-downtown-l-a-s-office-market-shows-signs-of-bottoming-out/">The Bloc is back on the market as downtown L.A.’s office market shows signs of bottoming out</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>Manhattan Luxury Market Gets a Fall Bump as Sales Hit 4-Month High</title>
		<link>https://mydailyrealestatenews.com/manhattan-luxury-market-gets-a-fall-bump-as-sales-hit-4-month-high/</link>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Tue, 06 Oct 2026 01:02:14 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[4Month]]></category>
		<category><![CDATA[bump]]></category>
		<category><![CDATA[Data Journalism]]></category>
		<category><![CDATA[Fall]]></category>
		<category><![CDATA[High]]></category>
		<category><![CDATA[Hit]]></category>
		<category><![CDATA[Homebuying]]></category>
		<category><![CDATA[Luxury]]></category>
		<category><![CDATA[Luxury Development]]></category>
		<category><![CDATA[Manhattan]]></category>
		<category><![CDATA[Manhattan NY]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[Sales]]></category>
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					<description><![CDATA[<p>The week of Sept. 28–Oct. 4 saw an astonishing 13 more luxury sales—defined as $4 million and above—than the previous week, according to Olshan Realty&#8217;s weekly luxury report. The total transaction count (30) is also the highest it has been since the week ending June 14. The Manhattan luxury market is heating up, with 30 [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/manhattan-luxury-market-gets-a-fall-bump-as-sales-hit-4-month-high/">Manhattan Luxury Market Gets a Fall Bump as Sales Hit 4-Month High</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The week of Sept. 28–Oct. 4 saw an astonishing 13 more <a target="_blank" id="https://www.realtor.com/news/unique-homes/noble-black-corcoran-luxury-real-estate-agent/" type="link" href="https://www.realtor.com/news/unique-homes/noble-black-corcoran-luxury-real-estate-agent/" rel="noopener">luxury sales</a>—defined as $4 million and above—than the previous week, according to Olshan Realty&#8217;s weekly luxury <a rel="noopener noreferrer" target="_blank" id="https://olshan.com/market-report" type="link" href="https://olshan.com/market-report">report</a>. The total transaction count (30) is also the highest it has been since the week ending June 14.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The <a target="_blank" id="https://www.realtor.com/realestateandhomes-search/Manhattan_NY" type="link" href="https://www.realtor.com/realestateandhomes-search/Manhattan_NY" rel="noopener">Manhattan</a> <a target="_blank" id="https://www.realtor.com/news/trends/luxury-real-estate-prices-august-2026/" type="link" href="https://www.realtor.com/news/trends/luxury-real-estate-prices-august-2026/" rel="noopener">luxury market</a> is heating up, with 30 contracts signed last week, marking a four-month high.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">As usual, condos took the lead, outselling co-ops 21 to 7. <a target="_blank" id="https://www.realtor.com/news/trends/nyc-coops-condos-sales-olshan-luxury-report-june-2026/" type="link" href="https://www.realtor.com/news/trends/nyc-coops-condos-sales-olshan-luxury-report-june-2026/" rel="noopener">Co-ops rarely outsell condos</a>—such as they did for the week ending June 21—and typically, condos, which don&#8217;t have the onerous board approval process that co-ops do, lead luxe sales.</p>
<p><iframe height="230px" style="width:100%;border:0" src="https://www.realtor.com/creative/rdc-ads/local-listings-widget/" loading="lazy" title="Embedded widget"></iframe></p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Condos are generally more expensive, and the condo contracts signed this week demonstrated that, with an average ask of $9.3 million versus $5.4 million for co-ops.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Sales included one <a rel="noopener noreferrer" target="_blank" id="https://www.cityrealty.com/nyc/market-insight/features/future-nyc/the-pros-cons-buying-condop-beautiful-condop-listings-335k/61544" type="link" href="https://www.cityrealty.com/nyc/market-insight/features/future-nyc/the-pros-cons-buying-condop-beautiful-condop-listings-335k/61544">condop</a> (a small slice of NYC housing stock that combines legal elements of both condos and co-ops) and one townhouse. </p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The penthouse at the midcentury 500 Park Ave. building near Central Park is listed for nearly $10 million.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Tim Waltman / Evan Joseph Photography / The Katzen Team</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The spike in luxury sales comes as inventory remains extremely tight in the borough.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">According to Compass&#8217; <a rel="noopener noreferrer" target="_blank" id="https://drive.google.com/file/d/1n9fUl7PsjD9Mxdr9MFn9TigFdwsbvuiU/view" type="link" href="https://drive.google.com/file/d/1n9fUl7PsjD9Mxdr9MFn9TigFdwsbvuiU/view">Manhattan market report</a>, the residential market held up in the third quarter despite a sharp drop in new listings.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">New listings fell 28.4%, the lowest level for a third quarter in nearly a decade. Total inventory was down 10.9% from a year ago, yet closed sales still rose 2.7% from the same period last year. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;The biggest gains came at the higher end of the market,&#8221; said the report. Contracts at $20 million-plus rose 75% to 14, and contracts above $20 million doubled to 13.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Last week, the highest price for a sale in the borough was Unit 9S at <a rel="noopener noreferrer" target="_blank" id="https://www.ramsa.com/expertise/project/70-vestry" type="link" href="https://www.ramsa.com/expertise/project/70-vestry">70 Vestry Street,</a> which was listed only last month. The four-bedroom, 4.5-bathroom 4,355-square-foot condo with two terraces is in a waterfront building in Tribeca. While the ask was $34 million, it&#8217;s not yet clear what it closed at.</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The penthouse at 500 Park Ave. comes with sweeping Central Park views and seven bedrooms.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Tim Waltman / Evan Joseph Photography / The Katzen Team</span></figcaption></figure>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Designed by the well-known <strong>Robert A. M. Stern</strong> Architects, with interiors by AD100&#8217;s <strong>Daniel Romualdez</strong>, the building boasts 12,000 square feet of lush amenities, including an 82-foot swimming pool, a separate children&#8217;s pool, hot and cold plunge pools, steam room and sauna, fitness center and squash court, a café, library, a billiard room and lounge, and dining suite.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The 14-story condo complex has 46 luxe units offering expansive views of the Hudson River.</p>
<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">Why the spike in luxury real estate?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Douglas Elliman&#8217;s <a rel="noopener noreferrer" target="_blank" id="https://www.elliman.com/agent/frances-katzen/1026521" type="link" href="https://www.elliman.com/agent/frances-katzen/1026521"><strong>Frances Katzen</strong></a> attributes the surge to two events: a judge placing a <a target="_blank" id="https://www.realtor.com/news/real-estate-news/nyc-pied-a-terre-tax-ruling-notices-canceled/" type="link" href="https://www.realtor.com/news/real-estate-news/nyc-pied-a-terre-tax-ruling-notices-canceled/" rel="noopener">temporary pause</a> on <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/New-York" rel="noopener">New York</a> City&#8217;s pied-à-terre tax on properties worth over $5 million, and the &#8220;back-to-school&#8221; crowd.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Last Tuesday, a Staten Island judge ruled that the city mishandled the rollout of the levy and ordered officials to redo parts of the process. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;People are back [in the city] and resuming their searches, but it&#8217;s also that the pied-à-terre legislation was held back,&#8221; the luxury broker tells Realtor.com. &#8220;It made people feel a little more comfortable and able to breathe.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">New York City had to scrap roughly 17,000 notices sent to homeowners under its <a target="_blank" href="https://www.realtor.com/news/real-estate-news/hochul-mamdani-nyc-pied-a-terre-tax-5-million-second-homes/" rel="noopener">new pied-à-terre tax</a> after a <a target="_blank" href="https://www.realtor.com/news/trends/nyc-mamdani-pied-a-terre-tax-judge-pause-appeal/" rel="noopener">judge ruled officials improperly</a> made New Yorkers prove they didn&#8217;t owe the surcharge before determining who actually did.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">However, the breathing room may not last long. The city has appealed the decision, and the tax remains in place for now.</p>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The 500 Park Ave. penthouse comes with a terrace that boasts skyline views of the city.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Tim Waltman / Evan Joseph Photography / The Katzen Team</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Beyond the potential break on the luxury tax, autumn is normally a busy time for sales, says the broker. People have returned from their vacations or summer homes, the kids are in school, and life has resumed its usual rhythms. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;This is when people begin again,&#8221; she says. &#8220;They assess what&#8217;s going on. This is when the newer inventory comes onto the market, and it&#8217;s a time when people are figuring out their next move.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">She also points to fall as when high-income earners anticipate their end-of-year bonuses, stock vesting schedule, and tax planning—all of which bodes well for a real estate play.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The broker currently represents what she calls &#8220;the best deal on the market&#8221;—the <a target="_blank" id="https://www.realtor.com/realestateandhomes-detail/500-Park-Ave_New-York_NY_10022_M32150-11286" type="link" href="https://www.realtor.com/realestateandhomes-detail/500-Park-Ave_New-York_NY_10022_M32150-11286" rel="noopener">penthouse</a> at 500 Park Ave., set atop 500 Park Tower, listed for $9,995,000. This 9,072-square-foot, seven-bedroom &#8220;townhouse in the sky&#8221; comes with sweeping Central Park views and an entertaining terrace.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">While this isn&#8217;t a new building by any means—it was raised in 1959—the price might be right for a seven-bedroom condo with park views. But don&#8217;t forget the hefty monthly maintenance of $16,682.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The second-priciest contract of the week was Unit 20AB at <a target="_blank" id="https://www.realtor.com/realestateandhomes-detail/M9902731257" type="link" href="https://www.realtor.com/realestateandhomes-detail/M9902731257" rel="noopener">555 West 22nd</a>, asking $20 million. The four-bedroom, 5.5-bath 4,600-square-foot brand-new condo got a price shave from $23 million.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;The fall market is already very active, more so than I had expected, particularly given rate increases and midterm election uncertainties,&#8221; says Compass&#8217; <strong><a rel="noopener noreferrer" target="_blank" id="https://www.compass.com/agents/lindsay-barrett-nyc/" type="link" href="https://www.compass.com/agents/lindsay-barrett-nyc/">Lindsay Barton Barrett</a></strong>, attributing much of the autumn action to the bonus quarter.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">However, Compass&#8217; <strong><a rel="noopener noreferrer" target="_blank" id="https://www.compass.com/agents/brian-lewis/" type="link" href="https://www.compass.com/agents/brian-lewis/">Brian K. Lewis</a></strong> says the extraordinary number of luxury buys also has to do with the current extremely tight market. </p>
<div class="Boxstyles__StyledBox-rui__sc-1p1qqov-0 cGIhfE sc-1d9c28t-0 dVWipe">
<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The penthouse comes with an unusually large amount of bedrooms—seven—plus 4.5 baths.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Tim Waltman / Evan Joseph Photography / The Katzen Team</span></figcaption></figure>
</div>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Most of the buyers out there are primary-resident buyers looking to expand their Gotham footprint,&#8221; he tells Realtor.com. &#8220;Buyers don&#8217;t have much to choose from, and they are flush with all of their stock market gains, and they&#8217;re all vying for the same few homes.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">He says the slim inventory is due in part to the &#8220;self-imposed handcuffs&#8221; buyers have on because of higher interest rates. The Freddie Mac 30-year fixed-rate mortgage climbed 25 basis points to 7.28%, the highest in nearly three years, according to <a target="_blank" id="https://www.realtor.com/research/freddie-mac-mortgage-rates-october-1-2026" type="link" href="https://www.realtor.com/research/freddie-mac-mortgage-rates-october-1-2026" rel="noopener">Realtor.com data</a>.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Homeowners &#8220;have decided to hunker down and stay where they are, depriving the market of much-needed inventory flow,&#8221; he says.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">And Compass&#8217; <strong><a rel="noopener noreferrer" target="_blank" id="https://www.compass.com/agents/nicole-hay/" type="link" href="https://www.compass.com/agents/nicole-hay/">Nicole Hay</a></strong> surmises the surge in sales has to do with pent-up demand.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;The growth we are seeing is a result of pent-up demand finally breaking loose,&#8221; she says.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Buyers who sat on the sidelines waiting for a market crash have realized that prime real estate remains remarkably resilient,&#8221; she adds. &#8220;They are tired of waiting and are deciding to deploy their capital now because they recognize the market has stabilized.&#8221;</p>
</div>
<p><br />
<br /><a href="https://www.realtor.com/news/trends/manhattan-luxury-market-olshan-report-october-5-2026/" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://mydailyrealestatenews.com/manhattan-luxury-market-gets-a-fall-bump-as-sales-hit-4-month-high/">Manhattan Luxury Market Gets a Fall Bump as Sales Hit 4-Month High</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>‘Street fight’ market pushes growth at nondelegated lenders</title>
		<link>https://mydailyrealestatenews.com/street-fight-market-pushes-growth-at-nondelegated-lenders/</link>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sun, 04 Oct 2026 22:43:12 +0000</pubDate>
				<category><![CDATA[Real Estate News]]></category>
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					<description><![CDATA[<p>‘Street fight’ market pushes growth at nondelegated lenders Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What&#8217;s New? Updated 24 hours ago Source link</p>
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<p>The post <a href="https://mydailyrealestatenews.com/street-fight-market-pushes-growth-at-nondelegated-lenders/">‘Street fight’ market pushes growth at nondelegated lenders</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>How the Vision Behind Craftsman Homes Still Affects the Market Today</title>
		<link>https://mydailyrealestatenews.com/how-the-vision-behind-craftsman-homes-still-affects-the-market-today/</link>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sun, 04 Oct 2026 12:38:20 +0000</pubDate>
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					<description><![CDATA[<p>From Doc Brown’s mansion in “Back to the Future” to the cozy California bungalow in “Buffy the Vampire Slayer,” Craftsman-style architecture has a knack for making people feel immediately at home. With warm wood features and spaces designed for gathering, Craftsman homes maintain an enduring appeal for today&#8217;s homeowners. Originally introduced as an alternative to [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/how-the-vision-behind-craftsman-homes-still-affects-the-market-today/">How the Vision Behind Craftsman Homes Still Affects the Market Today</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">From Doc Brown’s mansion in “Back to the Future” to the cozy <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/California?cid=sem_2210121184_1855280874_197974102779_813868282068:G:s&amp;s_kwcid=AL!15120!3!813868282068!e!!g!!realtor%20com%20ca&amp;gclsrc=aw.ds&amp;sitelink=&amp;gad_source=1&amp;gad_campaignid=1855280874&amp;gbraid=0AAAAAD6NRB_hkz7M8TjuxassqGCmjUwmo&amp;gclid=CjwKCAjwrP3VBhBbEiwAnaqpQ4LoYOa3Ibxh-j9jZuREO9sC4led6LfC8eoIyaOt_G-U6lgLS5P35hoCpA0QAvD_BwE" rel="noopener">California</a> bungalow in “<a target="_blank" href="https://www.realtor.com/news/celebrity-real-estate/sarah-michelle-gellar-freddie-prinze-house-for-sale/" rel="noopener">Buffy the Vampire Slayer</a>,” <a target="_blank" href="https://www.realtor.com/advice/buy/what-is-an-american-craftsman-style-house/" rel="noopener">Craftsman-style architecture</a> has a knack for making people feel immediately at home.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">With warm wood features and spaces designed for gathering, <a target="_blank" href="https://www.realtor.com/advice/sell/selling-a-craftsman-listing-pricing/" rel="noopener">Craftsman homes</a> maintain an enduring appeal for today&#8217;s homeowners.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Originally introduced as an alternative to the mass production that defined the <a target="_blank" href="https://www.realtor.com/news/trends/elon-musk-universal-high-income-housing-scarcity/" rel="noopener">Second Industrial Revolution</a> at the turn of the 20th century, these homes are still in high demand today, thanks to their timeless allure and personality-filled craftsmanship.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Nationally, <a target="_blank" href="https://www.realtor.com/advice/hyperlocal/atlanta-georgia-top-home-style-market-trend/" rel="noopener">Craftsman homes have a median build year of 2000</a>, suggesting that in both historical homes and newer properties that mimic older designs, this style remains relevant as <a target="_blank" href="https://www.realtor.com/advice/hyperlocal/portland-oregon-top-home-style-market-trend/" rel="noopener">buyers yearn for character over cookie-cutter housing</a>.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Read on to discover how a movement that was largely inspired by a furniture designer without an architectural background has stuck around for so long.</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The Gamble House is a notable Craftsman and was even featured in &#8220;Back to the Future.&#8221;</span><span class="sc-1d9c28t-2 nMMWW image-credit">Keith Durflinger/MediaNews Group/Los Angeles Daily News via Getty Images</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Craftsman homes are typically one and a half stories. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Low-pitched gabled roofs with wide, unenclosed overhanging eaves and exposed roof rafters are hallmarks of Craftsman houses. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">What are the most distinctive features of a Craftsman?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph"><a target="_blank" href="https://www.realtor.com/advice/real-estate-summary-advice/cashing-in-on-your-craftsman-home/" rel="noopener">Craftsman-style homes</a> have a number of distinctive features that make them easy to spot while driving around a neighborhood.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Exteriors are defined by intricate woodwork, expansive front porches, and statement-making square or round columns. They’re typically one and a half stories and horizontally shaped.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Low-pitched gabled roofs with wide, unenclosed overhanging eaves and exposed roof rafters are also hallmarks of Craftsman houses.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“Interiorwise, it’s exposed wood galore,” <strong>Jameson Tyler Drew</strong>, president of the Los Angeles-based Anubis Properties, previously told <a target="_blank" href="http://Realtor.com" rel="noopener">Realtor.com®</a>.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“Some of the most expensive Craftsman-style homes sport interiors made of teak or American chestnut wood, which were commonly available to homebuilders around the turn of the century. The interiors were often works of art in themselves, sporting expensive finished carpentry throughout.”</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">“Interiorwise, it’s exposed wood galore,” says Jameson Tyler Drew, president of the Los Angeles-based Anubis Properties. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Open-concept layouts encourage family gathering. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Iriana Shiyan/Adobe Stock</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Built-in furniture is another popular feature found in Craftsman homes. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Coffered ceilings, exposed beams, wainscoting, and molding give this style of architecture lots of personality.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Inside, the homes have an open-concept layout, with an inviting living room taking center stage. A fireplace is usually the focal point in this room, which feeds into a stone chimney.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Built-in furniture, coffered ceilings, exposed beams, wainscoting and molding, and stained or leaded glass are additional features that give Craftsman homes so much personality.</p>
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<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">When was the first Craftsman house designed?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Furniture designer <strong>Gustav Stickley</strong> was a leader of the <a target="_blank" href="https://www.realtor.com/advice/home-improvement/arts-and-crafts-style-explained/" rel="noopener">Arts and Crafts movement</a>, which began in response to the rise of industrialism. He popularized the term “Craftsman” through his magazine of the same name, which was published from 1901 to 1916.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The movement was rooted in valuing unpretentious and handcrafted design.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Although he had no architectural training, Stickley <a rel="noopener noreferrer" target="_blank" href="https://www.thecollector.com/gustav-stickley-arts-and-crafts-movement-america/">soon began publishing</a> house designs in The Craftsman. Over time, architects including <strong>Ernest G. Dietrich</strong> and <strong>Harvey Ellis</strong> would contribute to the designs.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">By 1903, Stickley had founded the Craftsman Home Builders’ Club, which gave subscribers access to home plans and provided detailed advice to builders, who would then source materials on their own to construct the houses.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The design style took off, and even became available to purchase from sources such as the <a target="_blank" href="https://www.realtor.com/news/unique-homes/sears-catalog-house-kit-history-appeal/" rel="noopener">Sears, Roebuck and Co. catalog</a>, which offered complete <a target="_blank" href="https://www.realtor.com/news/trends/sears-catalog-homes-available/" rel="noopener">mail-order house kits</a>.</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Gustav Stickley popularized the term &#8220;Craftsman&#8221; with his magazine of the same name. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Public Domain</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The publication circulated from 1901 to 1916 and focused on the Arts and Crafts movement in response to the rise of industrialism.</span><span class="sc-1d9c28t-2 nMMWW image-credit">The Craftsman</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Although he had no architectural training, Stickley soon began publishing house designs in The Craftsman.</span><span class="sc-1d9c28t-2 nMMWW image-credit">The Craftsman</span></figcaption></figure>
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<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">Where are the best places to find Craftsman homes?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">While Craftsman homes can be found across the United States, you’ll have the best luck finding one in Southern <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/California" rel="noopener">California</a>, where the bungalow style is particularly popular.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The Pacific Northwest and Midwest can also be hot spots for these highly sought-after houses.</p>
<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">Why do people buy Craftsman homes?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">When Craftsman homes were first introduced, they were beloved for their affordability and artistry. Maintenance was relatively manageable, and the intentional design helped prevent wasted space.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Craftsman homes are also bursting with character, which continues to make them a favorite for buyers today.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“The gorgeous woodwork, cabinetry built right into the walls, exposed beams, intact original fireplaces, and wide front porches found in Craftsman homes have a strong appeal to buyers,” <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/Nashville_TN" rel="noopener">Nashville</a>-based real estate agent <strong>Jake Kennedy</strong> of Compass Real Estate told Realtor.com.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“Because quality, craftsmanship, and community character are baked into the DNA of a true Craftsman home, they strike an emotional chord,” he continued. “Buyers aren’t just purchasing a house. They’re buying quality, history, and a kind of soul that new construction can’t imitate.”</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Because the rich history and timeless charm of Craftsman homes are so appealing to buyers, the aesthetic hasn’t changed much over time. However, pricing certainly has. </span><span class="sc-1d9c28t-2 nMMWW image-credit">Iriana Shiyan/Adobe Stock</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Realtor.com research from 2025 found that the value of Craftsman homes had appreciated by 43.7% over a six-year period—a level of growth outpaced only by ranch-style homes.  </span><span class="sc-1d9c28t-2 nMMWW image-credit">Getty Images</span></figcaption></figure>
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<h2 class="base__StyledType-rui__sc-18muj27-0 eAPYSB">How have Craftsman homes changed over the years?</h2>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Because the rich history and timeless charm of Craftsman homes are so appealing to buyers, the aesthetic hasn’t changed much over time. However, pricing certainly has.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Realtor.com research from 2025 found that the value of <a target="_blank" href="https://www.realtor.com/research/architecture-styles-review-2025/" rel="noopener">Craftsman homes had appreciated by 43.7%</a> over a six-year period—a level of growth outpaced only by <a target="_blank" href="https://www.realtor.com/advice/buy/what-is-a-ranch-house/" rel="noopener">ranch-style homes</a>.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">In addition to the value placed on the craftsmanship of these houses, real estate agent <strong>Danielle McCain</strong> of Better Homes and Gardens Real Estate in <a target="_blank" href="https://www.realtor.com/realestateandhomes-search/Monroe_CT" rel="noopener">Monroe, CT</a>, says the popularity of the architectural style creates a competitive buying environment.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">“When a Craftsman home is put up for sale, we’re often seeing multiple-offer situations where emotion is driving urgency,” McCain shared. “Buyers are willing to waive contingencies, stretch budgets, or move quickly to secure these properties.”</p>
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<p>The post <a href="https://mydailyrealestatenews.com/how-the-vision-behind-craftsman-homes-still-affects-the-market-today/">How the Vision Behind Craftsman Homes Still Affects the Market Today</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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		<title>Denver’s Historic $10.75 Million &#8216;Tom Shane&#8217; Estate Hits the Market</title>
		<link>https://mydailyrealestatenews.com/denvers-historic-10-75-million-tom-shane-estate-hits-the-market/</link>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sun, 04 Oct 2026 06:35:12 +0000</pubDate>
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					<description><![CDATA[<p>A Tudor Revival estate in one of Denver&#8217;s Country Club neighborhood has come to market for $10.75 million—making it the second-highest listing in the Mile High City. The home at 575 Circle Drive—one of the city&#8217;s most storied addresses—was built in 1931 for $38,000 by architect Henry S. Koch and the F.J. Kirchoff Construction Co. [&#8230;]</p>
<p>The post <a href="https://mydailyrealestatenews.com/denvers-historic-10-75-million-tom-shane-estate-hits-the-market/">Denver’s Historic $10.75 Million &#8216;Tom Shane&#8217; Estate Hits the Market</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">A Tudor Revival estate in one of Denver&#8217;s Country Club neighborhood has come to market for $10.75 million—making it the second-highest listing in the Mile High City.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The home at <a target="_blank" href="https://www.realtor.com/realestateandhomes-detail/575-Circle-Dr_Denver_CO_80206_M11922-40910" rel="noopener">575 Circle Drive</a>—one of the city&#8217;s most storied addresses—was built in 1931 for $38,000 by architect <strong>Henry S. Koch </strong>and the<strong> </strong>F.J. Kirchoff Construction Co. for <strong>Mason</strong> and <strong>Dorothy Lewis</strong>. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The Lewises, of the law firm Lewis and Grant, lived there for three decades. Mason was the son of <strong>Robert E. Lewis</strong>, a judge on the U.S. Court of Appeals for the 10th Circuit. </p>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The home was clearly built for distinguished ownership, with six bedrooms and about 10,000 square feet of interior living space. The exterior offers an iconic old-world flair with its custom brick, masonry, and half-timbering, while the interiors carry ample art deco details.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;The uniqueness of the location being in the city, but feeling like an English countryside estate, makes this such an iconic and special home that rarely comes to market,&#8221; says listing agent <a rel="noopener noreferrer" target="_blank" href="https://katiehoster.com/"><strong>Katie Hoster</strong> of LIV Sotheby’s International Realty</a>. </p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The main entrance of the historic Denver residence. The exterior offers an iconic old-world flair with its custom brick.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">Art deco detailing and original millwork can be found throughout the home</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">A quiet library and study space inside the home.</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Lewis&#8217;s daughter, Sally, remembered a gentler Denver. Her recollections appear in <strong>Alice Millett Bakemeier</strong>&#8216;s &#8220;Country Club Heritage: A History and Guide to a Denver Neighborhood.&#8221; She recalled the milkman clomping down the street in his wagon, and walking to the movies at the Hiawatha, now the Esquire Theater.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The Gallagher family later bought the home, adding rooms over the garage and renovating the interior. Its most famous former owner is <strong>Tom Shane</strong> of the Shane Co. jewelry chain, known as &#8220;the diamond king.&#8221;</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Nearly a century on, the home is ready for its next owners, yet with all of its original craftsmanship and charm intact. Hand-carved limestone accents appear inside and out, alongside solid wood trim, detailed moldings, leaded windows and cast pot tapered chimneys. </p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Each custom detail is handcrafted to showcase the exceptional quality of construction and craftsmanship that was accomplished by highly skilled trades in the 1930s,&#8221; she says.</p>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">The kitchen opens out onto the backyard as well as a formal indoor dining space</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">One of 7.5 bathrooms in the home</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<figure><figcaption class="sc-1d9c28t-3 kUNXdc"><span class="image-caption">A well-appointed backyard space with a fire pit and rose gardens</span><span class="sc-1d9c28t-2 nMMWW image-credit">Way Up Media</span></figcaption></figure>
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<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The second floor holds five en-suite bedrooms. A private third-floor suite can work as nanny or in-law quarters. Two balconies, one off a second-floor bedroom and one on the third level, look out over the grounds. The finished lower level includes an expansive entertaining space with a kitchenette, gym, sauna, and temperature-controlled wine cellar.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">Those grounds may be the real prize. The house sits on a three-quarter-acre lot, a rare size in the neighborhood. Mature trees and established landscaping keep it tucked away from the street.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The outdoor space also includes a firepit and a rose garden with a pergola covered in flowering vines. Brick patios extend from the grand salon for dining outdoors, and a dedicated grilling area has a built-in Kalamazoo grill.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;Together, the expansive grounds, thoughtfully designed entertaining spaces and remarkable privacy create the feeling of a secluded garden estate,&#8221; Hoster says.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">The seclusion comes with a city address. The boutiques and restaurants of Cherry Creek North are within walking distance, and the Cherry Creek bike path is minutes away. Downtown Denver is about a 10-minute drive.</p>
<p class="base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph">&#8220;This is a one-of-a-kind home that has stood the test of time,&#8221; Hoster says.</p>
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<p class="base__StyledType-rui__sc-18muj27-0 hxcYYy">Larissa Runkle is a seasoned real estate writer, lifestyle journalist, and marketing strategist with over a decade of experience and 2,000+ published articles. Her work covering housing, personal finance, and lifestyle has appeared in major publications like Bankrate, MarketWatch, Yahoo Finance, and New York Post. In 2023, she launched a boutique copywriting studio to partner with land developers and top brokerages, creating strategic content that builds lasting brand authority. When she isn’t writing, Larissa enjoys the outdoors from her home in the San Juan Mountains of Colorado, where she lives with her husband, son, and German shepherd, Yoko.</p>
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<p>The post <a href="https://mydailyrealestatenews.com/denvers-historic-10-75-million-tom-shane-estate-hits-the-market/">Denver’s Historic $10.75 Million &#8216;Tom Shane&#8217; Estate Hits the Market</a> appeared first on <a href="https://mydailyrealestatenews.com">Daily Real Estate News</a>.</p>
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