An endlessly elegant Hawaiian escape above the luxurious Four Seasons Resort Hualalai in Kailua Kona, HI, has hit the market for $29 million, making it the Big Island‘s most expensive listing.
Set on the island’s west coast, the six-bedroom, 8,318-square-foot abode is a true beauty.
“One of the most impressive features of the property is the commanding view of the coastline from atop the Four Seasons Resort,” says listing agent Frank Schenk, of Coldwell Banker Island Properties – Kona. “The elevation is 125 feet above sea level, so you have panoramic views of the Ke’olu Championship Golf Course and the Four Seasons Resort below. It’s like an eagle’s nest.”
The residence sits on 1.3 private acres, with unobstructed views of the white-sand beaches. A gated motor court opens to the spacious home, detached garage, courtyard, waterfall, and pond.
‘Hawaiian flair’
Inside the home, there are two laundry rooms, several sitting areas, and a media room.
The open floor plan features a spacious living and dining area with soaring wood ceilings. Doors here open to astonishing oceanfront views.
“It has a Hawaiian flair, but it’s contemporary Hawaiian,” Schenk says of the sleek design.
Schenk notes that the property offers resort living.
“The next buyer will appreciate its location at the Hualalai Resort,” he says. “It’s very exclusive. All of the homes here are used as secondary homes. There are over 300 at the Four Seasons Resort, and only two owners are here six months or so out of the year. The next owner will probably own multiple properties and will be looking for privacy.”
Golfers, rejoice: The locale is adjacent to hole #1 of the members’ Ke’olu Championship Golf Course and is within walking distance of the Ke’olu Clubhouse.
It’s also centrally located with an airport, just 10 minutes away for private jets.
“Security is at the gated entry, so it is very private and many people don’t know about this place,” Schenk says. “Those who do know have likely heard about it from their friends.”
While the home is certainly designed for comfort, it’s also thoughtfully laid out with entertaining in mind.
“Most of the bedrooms on the island are detached dwellings, so guests have to walk outside, which isn’t necessarily a bad thing; but if you have kids, it’s not ideal,” Schenk says. “This home has two primary suites on either ends of the home, making it ideal for families. The other bedrooms are en suite, as well.”
One primary suite even boasts its own private, outdoor soaking tub; garden shower; and built-in lounge.
Designed to maximize outdoor leisure, the property features an infinity-edge pool and spa and an open-air kitchen.
From a cozy, sunken fire-pit area to a large, covered lanai, there are several places to relax and enjoy the breathtaking scenery.
“Everywhere in the main home, there is a nice zone to relax,” Schenk says. “The area surrounding the fire pit is a great spot to go out and enjoy the stars at night.”
It’s the summer of Barbie. The movie release date is set for July 21, but the celebration of the iconic doll is going all season with pop-up exhibitions and hotel promotions.
If you want to travel to your own Barbie dream world, here are the best Barbie-inspired trips you can take this summer:
1. World of Barbie: Santa Monica, California
The World of Barbie in Santa Monica, California, is a temporary exhibition that takes people into Barbie’s world, including a real-life version of her Dreamhouse, camper van, space shuttle and TV studio. There’s also a gallery portion with vintage Barbie dolls and cars on display.
The exhibit is mainly a giant photo opportunity, with some interactive activities for kids, like a ball pit, and even a salon with real stylists on certain days. If you want a unique souvenir, consider building your own custom Barbie set from scratch for an additional fee.
Ticket prices run from $35 to $50 per adult and $25 to $32 per child. The exhibit is open through early September.
2. Malibu Barbie Cafe: Chicago and New York
Barbie apparently eats rainbow pancakes, beach burgers and candied bacon at the Malibu Barbie Cafe. The Barbie-inspired restaurant is operating in Chicago and New York with a menu by Chef Becky Brown, who was a semifinalist on MasterChef.
And there’s more to do at the Barbie restaurant than just eat. At the Chicago location, there’s a roller skating rink. Both sites have a gift shop, plus plenty of Instagram-worthy sets designed for you to have your own Barbie-inspired photo shoot.
Both restaurant locations are temporary, with tickets available through mid-September.
3. The Barbie room at The Curtis Hotel: Denver
You can book a Barbie-themed hotel room at The Curtis Hotel in downtown Denver. Though the hotel has a boutique feel, it’s actually part of the DoubleTree by Hilton brand.
This hotel has standard rooms as well as themed rooms, including one dedicated to Barbie. The themed rooms typically cost about $50 to $60 more per night than standard rooms, according to hotel spokesperson Tamara Atkin.
The Barbie room is decorated with images of the iconic dolls and has a salon chair inside. And unlike the other temporary offerings, The Curtis Hotel’s Barbie room is a permanent fixture. Though, for a limited time, guests also receive a complimentary makeup case and a voucher for a martini from the hotel bar when they book.
4. The Don CeSar: St. Pete Beach, Florida
This beachfront resort isn’t officially considered a Barbie hotel, but the Don CeSar is known as the “Pink Palace.” It exudes historical charm with a famous pink exterior.
Ron Sandel, general manager of HotelTonight, said in an email that the hotel has seen a 30% increase in bookings this year versus last.
“With Barbie mania in full effect this summer, we’re not surprised to see HotelTonight users book the pink-walled hotel,” he said. “In addition to being steps away from one of the best beaches in the country, we love Don CeSar for its 1950s-style ice cream parlor.”
5. The Ken Dreamhouse on Airbnb: Malibu, California
Only a handful of lucky people will get a chance to stay in what might be the ultimate Airbnb: Barbie’s Malibu Dreamhouse. The oceanfront mansion includes a disco dance floor and infinity pool.
Airbnb has run promotions for the glitzy house before, and this time, the vacation rental is decked out in honor of Barbie’s beau, Ken. It’s available to book for just two nights this summer, July 21 and July 22.
Anyone can request to book the Malibu Dreamhouse for a one-night stay for up to two guests each. While Airbnb says the bookings aren’t a contest, stays are free of charge, aside from taxes and fees. The booking window opens Monday, July 17, at 10 a.m. PT, so be ready to click.
(Top photo courtesy of World of Barbie)
How to maximize your rewards
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Most mornings after Stephen Garten wakes up at his home in Austin, Texas, he goes into his backyard and starts pacing, preparing himself for what’s next. “It’s brutal,” says Garten, 37, the founder and CEO of social impact company Charity Charge. “It’s a real challenge every day.”
He’s talking about lowering himself into a 66-inch-long and 24-inch-wide stainless steel tub clad in customized zebrawood and submerging himself up to his neck in water that he sets at 39 degrees Fahrenheit, with water circulating at 1,400 gallons a minute. “It’s like being in a river,” he says of the flow rate produced by this particular vessel, a Blue Cube cold plunge.
It’s an experience that Garten typically tolerates for less than two minutes at a time, once or twice a day. And it comes at a price of $19,000. Blue Cube, based in Redmond, Ore., makes cold plunge units that cost between around $18,000 and $29,000.
“Cold plunging has made a profound difference in my life,” Garten says. He says it has brought him health benefits including stress management.
Previously the domain of athletes, bathing in cold water or ice has become a mainstream wellness trend across the U.S. The practice goes by many terms, like cold plunging, ice bathing and cold-immersion therapy. Water temperature below 59 degrees Fahrenheit is generally considered cold immersion. People who swear by it say they have experienced wide-ranging health benefits, like reduced anxiety, alleviated joint and muscle pain and boosted energy and focus.
But while many people are experimenting with do-it-yourself methods—like taking cold showers or filling kiddie pools, horse troughs and unplugged chest freezers with cold water or ice—some enthusiasts have leveled-up their at-home cold plunging setups with sophisticated receptacles priced at tens of thousands of dollars and up.
Developers, meanwhile, are adding cold plunges to amenity-rich luxury complexes like 53 West 53 in New York and Cipriani Residences Miami, betting that cold immersion is here to stay.
“Ice bathing seems like a trend, but people have been doing this for thousands of years,” says Jonathan Coon, co-founder of Austin Capital Partners, which is the developer of Four Seasons Private Residences Lake Austin, 20 minutes from downtown Austin, slated to open in 2026.
In addition to 188 residential units starting at $4.1 million, the Lake Austin property on 145 acres will have 76,000 square feet of indoor wellness and sports facilities, including a 12,000-square-foot orangery, 82-foot swimming pool, sauna, steam room and, of course, cold and hot thermal baths.
Amenities covering 100,000 square feet is a key reason that Onyx W.D. Johnson and Cristian Santangelo bought a $2.2 million two-bedroom, 1,123-square-foot apartment in New York’s One Manhattan Square, an 80-story building located on the Lower East Side. Facilities include a spa with a tranquility garden, 75-foot saltwater swimming pool, hot tub, sauna, steam room and hammam with a cold plunge set between 55 and 58 degrees Fahrenheit. The couple moved into the apartment in May 2021.
Johnson and Santangelo quivered at the idea of cold plunging until they started seeing other people dipping and discussing the health benefits. “We decided to give it a try,” Johnson says.
Now cold plunging is part of their wellness regimen. Johnson, 50, who runs a management consulting firm, uses the hot pool, steam room and sauna, and then cold plunges for 45 seconds to a minute. He says this routine speeds up his training recovery time, helps him think clearer and improves his alertness and mood. Santangelo, 45, who is a management consultant, says the ritual helps him calm down and fight anxiety and stress.
Diamond Spas & Pools, based in Frederick, Colo., is a custom manufacturer of luxury pools, spas and soaking tubs for homeowners globally. The company added cold plunges to its portfolio in 2015 and saw one or two orders annually until 2019, when it experienced a sales surge. “Our cold plunge projects have increased 10 times since then,” says Mitch Martinek, the company’s design manager.
Martinek attributes the uptick to several factors. Today’s homeowners want gym and spa amenities at home and on-demand, cold therapy health benefits are better known now, and there are lingering pandemic concerns over public wellness facilities.
The company’s cold plunges, which chill water to between 40 and 55 degrees Fahrenheit, are made from stainless steel or copper and can be camouflaged in tile, stone or wood. The pools can go indoors or outdoors, come in any size and can work with home automation systems. The average cold plunge costs about $45,000, with elaborate projects running closer to about $65,000.
One of the company’s more unique cold plunges had an acrylic bottom and was in a high-rise building. “It was on a deck with a fire pit below,” Martinek says. “The homeowner wanted to be able to look up through the cold plunge.”
John Thorbahn bought a four-bedroom, 5,500-square-foot single-family home in Hingham, Mass., south of Boston, in March 2020 for $1.6 million. He owns a cold plunge from Phoenix-based company Morozko Forge, founded in 2018. Morozko Forge’s entry-level unit costs $12,850; its upgraded version costs $19,900.
Morozko Forge’s ice baths make ice. While the stainless steel tub is filled with cold water, an ice slab starts building at the tank’s bottom. At about 1-inch thick, the ice detaches and floats to the water’s surface. The ice can be broken up with an implement like a rubber mallet if needed.
Thorbahn, 63, who is the managing director at consulting company NFP, ice bathes most days for two to three minutes at 33 to 34 degrees Fahrenheit. His wife, Jana Thorbahn, 59, ice bathes, too. “The older you get, the more you want to live longer,” says Thorbahn, whose home also has a gym, sauna, red light therapy room and hot tub. “You start investing in protocols to help you be healthy.”
While many cold plungers have developed their own ice bathing rituals, choosing everything from their preferred water temperatures to time limits, Dr. Susanna Søberg, a Danish Ph.D. metabolic scientist and founder of the Soeberg Institute, is one of the world’s experts on the health benefits of cold immersion, which she has been studying for nine years.
In 2021, Søberg published research on cold exposure and hot exposure, which is called “contrast therapy” if the cold and hot exposures are performed in succession. Studying Danish winter swimmers, Søberg identified that a short plunge in cold, moving water combined with sauna use shifts the body’s nervous system and creates physiological changes, like boosting metabolism, lowering inflammation and releasing neurotransmitters that improve cognitive performance and mental health. “You are activating your whole body system,” Søberg says.
In a field that hasn’t been widely studied by the medical community, Søberg has developed what she says is the only scientifically backed cold immersion protocol for reducing stress using contrast therapy and breathing: 11 total minutes of cold immersion combined with 57 total minutes of heat, across two to three days a week. The goal of her method is to expose the body to the smallest amount of healthy stress needed to reap health benefits. “Staying in cold water or heat longer may not be beneficial or necessary,” she says.
Søberg says cold immersion carries the rare risk of cold water shock that can cause confusion or fainting, but the risk increases if a person does hyperventilating breathwork before or during cold water immersion. She also says cold plunging might not be good for people with heart disease or high blood pressure. Søberg advocates for cold plunging with others, and practicing slow, nasal breathing in the water.
Contrast therapy is why Sausalito, Calif.-based company Yardzen says most of its cold plunge projects involve saunas. Yardzen is an online landscape and home-exterior design company that works with homeowners across the U.S. The company’s co-founder and CEO Allison Messner says wellness yards—encompassing everything from cold plunges to saunas to meditation spaces to forest bathing—is one of Yardzen’s top 2023 trends.
“Peak luxury is having both a cold plunge and a sauna in your yard so you can experience cold and hot therapy,” Messner says.
Tobias Lawry, 51, and his wife, Christine Lawry, 50, live in a three-bedroom 1963 Midcentury Modern house in Dana Point, Calif. They purchased it in October 2018. Between July 2021 and October 2022, they worked with architect Chris Light, designer Frank Berry and builder Crawford Custom Homes to renovate their 3,000-square-foot house to honor its original period intention while modernizing it. This included turning a bedroom into a wellness room, which opens into a backyard with a pool, sauna and Blue Cube cold plunge.
The Lawrys, who run an estate-management and concierge services company called LPM, keep their Blue Cube at 47 degrees Fahrenheit. They typically cold plunge in the evening and on weekend mornings.
Stephen Garten in Austin also has a tricked-out wellness yard: In addition to his Blue Cube, he has a barrel sauna from Almost Heaven Saunas, which are manufactured in West Virginia and start around $7,500. He also has a stock tank pool from Cowboy Pools, an Austin-based company that has pool packages starting around $2,000.
He was inspired to create a backyard oasis where he and his fiancée, Katie Snyder, can have friends over. “It’s wellness,” Garten says, “but it’s entertainment too.”
Despite its shockingly low ratings, The Idol has managed to claim a top spot as one of the most popular newly released TV shows.
The provocative HBO series, which airs on Sundays at 9:00 p.m. ET/PT on HBO, has been stained with controversy even before it premiered. From production drama to script rewrites, the show had quite a few obstacles to overcome before making its way on our screens.
While many find The Idol scenes hard to watch, there’s one thing we can all agree on – that mansion featured on the show is undoubtedly stunning. The palatial estate, which serves as Jocelyn’s home base is actually The Weeknd’s real-life home, and he spent an insane amount of money on it.
The Idol’s controversial debut
Hitmaker Abel Tesfaye, best known as The Weekend, collaborated with Euphoria creator Sam Levinson to write, create, and produce the show.
Tesfaye stars as Tedros, a cult leader who develops a toxic romance with pop star Jocelyn, played by Lily-Rose Depp. The series marks Tesfaye’s first major acting role, after appearing briefly (as himself) in Josh Safdie’s Uncut Gems in 2019.
Before The Idol’s press tour began, Rolling Stonewrote an exposé detailing a toxic production set, which led to director Amy Seimetz’s departure. The editorial piece called the show “twisted, torture porn”. Seimetz was later replaced by Levinson, who rewrote the show almost completely.
“It was like any rape fantasy that any toxic man would have in the show — and then the woman comes back for more because it makes her music better,” one source told the publication.
Meanwhile, Depp has defended the show several times in interviews, saying she never felt objectified or exploited despite being half-naked in scenes.
Showrunners Levinson and Tesfaye maintain that the public backlash was expected all along.
”We’re playing with genres with this show, we’re doing exactly what we wanted to do,” Tesfaye told People. “And none of this is a surprise.”
How The Weeknd’s $70 million mansion ended up playing the part of Jocelyn’s house on The Idol
The Blinding Lights singer dropped a whopping $70 million for his 33,000-square-foot Bel Air mansion back in 2021.
It was the largest, most expensive real estate deal in Los Angeles that closed that year, earning Tesfaye a spot in our list of the most expensive celebrity homes in recent history.
We won’t overwhelm you with the never-ending list of amenities the star’s mansion packs between its walls, but you can read all about The Weeknd’s extravagant property here.
At the time of purchase, there were no plans of using the mansion as a filming set. But, as production was shaken up, they needed a quick resolution.
“If we were going to reshoot from the beginning, I knew it had to be for less money. Sitting in Abel’s house, looking around at the 40,000 square feet, I said, ‘It’s stunning here—you can’t buy production design like this. What if we shoot it here?’” Levinson told GQ.
The megamansion came complete with luxurious amenities, expansive grounds, and gorgeous views, making it the perfect shooting venue.
Everything We Know about The Weeknd’s House, a Sprawling $70M Mansion in Bel-Air https://t.co/ke6NRgiacH
— Fancy Pants Homes (@FancyPantsHomes) October 21, 2021
There was little done to change the interiors and the singer’s personal home decor can be seen throughout the episodes. According to Levinson, he and his wife “essentially moved into Tesfaye’s house” during filming, while The Weeknd moved out to protect himself from blurring the lines between fiction and reality.
With the mounting negative feedback, the show’s fate for a second season remains unclear. Recent reports indicate that the series will conclude earlier than its initially planned six-episode runtime, wrapping up at the end of the fifth episode.
Several outlets claimed, however, that Levinson’s iteration has always been billed as a five-episode series, so it remains to be seen if Lily-Rose Depp, The Weeknd, and Jocelyn’s house return to our screens for a second season.
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As the Fourth of July approaches, cities nationwide gear up to host festivities that embody Independence Day’s spirit. From coast to coast, communities come together to celebrate with grandeur and excitement, showcasing their unique traditions and creating memories that last a lifetime.
In this Redfin article, we’ll take you on a journey to some cities with the largest displays of dazzling fireworks, vibrant parades, and live music performances. No matter where you live or traveling, get ready to witness unforgettable sights and sounds that will ignite your patriotic spirit.
The Fourth of July celebrations are unparalleled in the heart of the Big Apple. The iconic Macy’s Fourth of July Fireworks Spectacular lights up the city skyline with a dazzling display over the East River. As the fireworks burst into a symphony of colors, spectators can enjoy the lively atmosphere and patriotic music that fills the air. The event draws millions of visitors to the city each year, creating an electric energy that epitomizes the spirit of Independence Day.
Miami knows how to throw a sizzling Fourth of July party! Along the beautiful beaches, locals and tourists gather to soak up the sun and enjoy the festivities. With a vibrant blend of cultures, Miami offers a unique celebration at Lummus Park with a Latin flair. The city’s Independence Day Fireworks and Patriotic Concert is a spectacle to behold, where the fireworks light up the night sky above the Atlantic. From beachside barbecues to lively parades, Miami’s Fourth of July celebrations create a festive and lively atmosphere that showcases the city’s vibrant lifestyle.
Seattle celebrates Independence Day in the Pacific Northwest with its distinct charm. The city’s iconic Space Needle serves as a breathtaking backdrop for the firework extravaganza. The city’s most popular Fourth of July event happens at Gas Works Park on Lake Union, creating a mesmerizing display. Seattleites embrace the holiday spirit with various events, live music performances, and delicious food options. The cool summer breeze and panoramic views make Seattle’s Fourth of July celebrations a memorable experience for all who attend.
San Diego’s Fourth of July celebrations are as vibrant as its sunny weather. The city’s picture-perfect beaches set the stage for a day of outdoor fun and entertainment. From stunning fireworks shows, like Big Bay Boom to lively parades and concerts, San Diego offers something for everyone. Visitors can enjoy picnics in the parks, visit local craft fairs, or relax on the sandy shores. The festive atmosphere and warm coastal vibes make San Diego a top destination for those seeking a memorable Independence Day experience.
When it comes to the Fourth of July, Las Vegas takes the festivities to a whole new level. One of the most remarkable vantage points to witness this spectacular display is from the observation deck at The STRAT. Watch as the city lights up with a dazzling array of fireworks displays illuminating the famous Las Vegas Strip. Visitors can also enjoy outdoor concerts, pool parties, and themed events throughout the city. The lively energy makes it an unforgettable destination for those looking to celebrate in style.
Atlanta’s Fourth of July celebrations showcase the city’s rich history and vibrant culture. The Centennial Olympic Park serves as the centerpiece, hosting a grand fireworks show accompanied by live music performances. The park’s sprawling green spaces provide the perfect setting for picnics and various activities. Atlanta’s diverse communities celebrate with parades, food festivals, and captivating performances that reflect the city’s unique spirit. The warm Southern hospitality and patriotic pride make Atlanta a must-visit destination for Independence Day.
The nation’s capital, Washington, DC, offers an unmatched Independence Day celebration. The National Mall becomes a hub of patriotic festivities, featuring a mesmerizing fireworks display above the iconic monuments and memorials. The day begins with a parade showcasing the nation’s heritage, followed by concerts and performances that fill the air with patriotic melodies. Visitors can explore the city’s rich history by visiting renowned museums and landmarks, immersing themselves in the essence of American culture.
Rising interest rates are putting up new roadblocks for people struggling to pay their mortgages. Housing officials are working on a fix.
The Federal Housing Administration proposed a plan on Wednesday for mortgage borrowers who are behind on payments to get back on track by temporarily reducing their monthly bills. As part of it, borrowers would avoid giving up their super-low mortgage rates.
The FHA would essentially pay part of the homeowner’s monthly bill, using its insurance fund, then structure the repayment as a second loan due after the first is paid off, officials said. It would be available to people who otherwise wouldn’t benefit from a traditional modification that involves giving up their low rate for a higher one.
“We see a lot of people having to get modifications that either don’t reduce their payment or in some cases raise their payment,” said Julia Gordon, the assistant secretary for housing at the U.S. Department of Housing and Urban Development. “That’s not going to have the success rate over time that we’d like to see.”
The officials are trying to address a problem that is unique to this economy. The Federal Reserve is lifting interest rates and vowing to keep them elevated to combat inflation, last year pushing mortgage rates to their highest level in more than two decades. At the same time, the economy is showing signs of strain, and more Americans are running into financial trouble.
Historically, homeowner distress has risen when the U.S. is heading into a recession and the Fed is cutting interest rates to stimulate the economy. Struggling borrowers can then take advantage of falling rates to reduce their monthly mortgage payments.
In the financial crisis of 2008, for example, delinquent borrowers used modification programs offered by the federal government or their servicers to bring loans current. In doing so, they obtained the market interest rate. And since rates were falling, their new rate was typically lower.
Federal loan programs currently offer a menu of options for adjusting loans. One FHA option is to extend the term of the loan to 40 years to spread the payments out. But that also involves giving up the old interest rate.
The benchmark 30-year mortgage rate is now north of 6%, more than double the levels from the height of the pandemic. Modifying a mortgage and taking the going interest rate might mean paying hundreds of dollars more a month.
Gregory Schuknecht, of St. Johns, Fla., used a pandemic forbearance program to pause payments on his FHA mortgage. When he went to restart payments, his mortgage company in May offered him a modification with a higher interest rate.
The new rate is 6.875%, up from 3.875%, which would bring the monthly payment to about $1,900 from about $1,350. With the new terms, the mortgage would be fully paid off in 2063, far after the original maturity of 2046.
Schuknecht, who receives Social Security and does deliveries, said that despite the increased cost, he is glad to reinstate his mortgage. “I’m going to be out here delivering Walmart groceries day and night, but it keeps my kids at home,” he said.
The new proposal could generate concerns that the government is giving away money to people who can’t afford their mortgages. FHA officials pointed out that the government would get repaid at the end of the loan term, and that helping borrowers get back on track is less costly to the government than following through with a foreclosure.
Housing experts worry that saddling borrowers with higher mortgage payments puts them at risk of once again falling behind. A 2017 JPMorgan Chase Institute report found that a 10% mortgage-payment reduction reduced default rates by 22%.
The FHA-insured loan program is already focused on first-time home buyers and tends to serve borrowers with lower incomes and credit scores than mortgages backed by Fannie Mae or Freddie Mac. The program currently has about 320,000 seriously delinquent borrowers.
“Now when we say modification, we have to educate the borrower that you’re likely to have a higher payment,” said Marissa Vetter, a housing counselor at Jacksonville Area Legal Aid.
With the proposed new option, FHA would help struggling homeowners catch up on past due payments and reduce their monthly bill. For a period of up to five years, the monthly principal and interest payment may drop as much as 25% and the total FHA supplement could be as much as 30% of the loan balance.
If a homeowner has an $800 monthly principal and interest payment, the supplement from FHA might cover $200 so the homeowner only has to pay $600. The mortgage company would pay the $200 to the investor that owns the loan and then get reimbursed by FHA.
The homeowner would make up the payments at the end of the loan term, a similar repayment structure to the pandemic hardship programs rolled out in 2020.
FHA loans are typically pooled into mortgage bonds and sold to investors with government backing. To modify any features on a loan, the mortgage company must buy the loan out of the pool. The loan then needs to be reset to a market interest rate so that, once modified, it can be sold into a new pool of loans.
The new payment supplement doesn’t change the terms of the loan, so it can remain in the pool with the current low interest rate. Investors continue to receive an uninterrupted stream of payments because of the amount that FHA kicks in.
Homeowner delinquencies spiked during the beginning of the pandemic, then came down. More recently they have been ticking up again. Among Ginnie Mae bonds, which contain FHA mortgages, some 2.39% of homeowners were 90 or more days behind on their mortgages in April, up from 2.25% a year earlier, according to JPMorgan data.
The proposal will be opened up to 30 days of public feedback, and would go into effect some time after that.
Many people know Disney Cruise Line for its family-friendly cruises from North American home ports to the Caribbean, Bahamas, Mexico and Alaska. But did you know that every summer, one Disney cruise ship makes its way across the Atlantic Ocean for a season in the Mediterranean?
Previously, Disney Magic was the lucky ship to cruise among the charming European ports, but in 2023, Disney Dream sailed to the Mediterranean for the first time. The ship will continue to take families to bucket-list-worthy destinations around Europe, including Italy, France, Greece and Norway, next summer, too.
If you’re thinking about taking a European cruise and wondering how to balance traveling with kids and venturing into historic cities, don’t panic. Here are five ways Disney is making the Europe cruise experience as simple and smooth as possible for families of all types.
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Children can stay in the kids clubs while parents explore the ports
Long port days can be hard for parents who want to see the historic sites in Rome, visit wineries in Tuscany or enjoy a guided hike in Norway but fear their kids will get bored quickly or are too young to participate in some activities.
One of the biggest perks for families cruising with Disney Cruise Line is that kids can stay in the dedicated kids clubs on board the cruise ship while parents explore the various ports of call on their own. Parents can drop junior cruisers off at the clubs before getting off the ship and know that their children are being cared for by the counselors their kids have already met.
Even better, playtime in Disney Dream’s four youth activity spaces is included in the overall cost of the sailing. Disney’s Oceaneer Club and Oceaneer Lab are dedicated spaces for kids ages 3 to 12, where they can play games, do crafts or hang out with a good book while under the supervision of the counselors.
Related: Best cruise lines for families
While you’re out enjoying the port, you can also be assured that Disney is taking care of your children’s rumbling tummies because the kids clubs provide meals inside the club during the day.
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Older kids have their own shipboard spaces. Edge is Disney’s tween club for those ages 11 to 14, where guided activities, like video game competitions and dance parties, take place daily. Edge is located inside the faux forward funnel on Disney Dream, so it feels exclusive.
Teens ages 14 to 17 can enjoy Vibe, where they’ll learn how to make movies or watch them on the 103-inch TV. Disney Dream also has a private sundeck for teens, which is only accessible with a Vibe-coded room keycard. (Be sure to check in at Vibe on embarkation day to ensure your teen’s room key will allow them into the deck area.) Both Edge and Vibe have a free come-and-go policy, so kids can enjoy the spaces as they want without parents having to check them in or out.
No matter which club your kids hang out in, they will have plenty of fun, and parents can rest assured that if anything happens, the counselors know what to do. They have access to every phone number for Disney-led port excursions, so if your child has an emergency and the ship can’t reach you directly, Disney can call the tour operator.
If you are touring ports on your own, inform the counselors of your plans and give them your best contact information on embarkation day.
Disney Cruise Line offers both family-friendly and adults-only shore excursions
Disney’s shore excursions in Europe cater to all types of travelers and desired experiences with family-friendly and adults-only options.
Grown-ups who may be traveling without kids or have dropped their children off at the kids clubs can enjoy tours designated for cruisers ages 18 and older. The adults-only tours often move at a faster pace, so pack your walking shoes if you plan to do a heavy day of sightseeing, especially in cities like Rome or Athens.
Adults will find that excursions through Disney Cruise Line encompass a wide range of interests, from wine tastings and local food tours to venturing into historical sites. There are even some adventure sports like riding ATVs.
If traveling with young kids, book the tours labeled “for families” or “featuring exclusive youth activity” early since they fill up quickly.
Related: Shore excursions: What new cruisers need to know
Family tours are often less strenuous than the traditional or adults-only departures, allowing for little legs to keep up with the group. They feature longer breaks or time on your own, so kids can get a rest and perk up with a sweet treat, like gelato in Italy.
Tours labeled with the phrase “featuring exclusive youth activity” will include time for adults and kids to have separate activities. One of the options with this label is a tour of Sorrento and the Amalfi Coast, where kids learn how to make pizza at a local restaurant with the help of the Disney Cruise Line youth counselors while parents enjoy time on their own or on a guided tour. Everyone comes back together for lunch.
Booking shore excursions through Disney Cruise Line also guarantees that you won’t be left behind in a foreign city if your tour runs late getting back to the ship.
Casual dining options are plentiful after long days of sightseeing
After a long day sightseeing in port, the last thing your kids want to do is sit through a long dinner in one of Disney’s three main dining rooms. This means finding dinner elsewhere on the ship, which is easy thanks to Disney’s quick-service options on the pool decks.
Families can grab a quick bite from three “Cars”-themed service windows at Flo’s Cafe every evening. The menus here are packed with kid-friendly favorites, such as chicken tenders, burgers, salads, wraps, pizza and more. Flo’s also has sandwich specials that change daily, including tasty options like spicy fried chicken and pulled pork.
You can be in and out in 15 to 20 minutes and then have time to see the nighttime shows or get to bed early before another day of exploration in a new port.
Alternatively, families can order room service, which is included in the cost of your Disney Dream cruise. Room service can take a while to arrive if you, like hundreds of your shipmates, are ordering during peak dinner hours. However, the joy of eating dinner in your pajamas in a space where kids can squirm freely may be just what your family needs after a long day off the ship.
Related: 12 dining mistakes you must fix on your next cruise
Pro-tip: If you’re a chicken wing connoisseur, Disney Cruise Line has some of the best wings at sea on its room service menu. They are crispy and juicy, served piping hot, and the buffalo sauce is spicy.
If your family wants to eat in the main dining room, and you’re on the early seating rotation, Disney offers some leniency on longer port days when tours tend to return to the ship late. A ship officer or dining team member will often be out on the pier announcing that the main dining rooms are still seating guests until a certain cut-off time. If your family can make it to your assigned dining room in time, you can enjoy a meal there.
Just know that if you miss a dinner show one night, there’s no second opportunity to see it again, even on longer sailings. So, if your family is set on seeing or participating in a certain dinner show, like “Animation Magic” – where you draw a figure on a special sheet of paper and it comes to life on screens around Animator’s Palate – you will want to ask your dining team which night that show is being performed.
The cruise ship is a familiar home base with plenty of Disney charm
Visiting new cities and towns can be as draining as it is exciting. Riding for hours in a bus and walking around all day in the warm European sun can wear out both adults and kids. Also, the stress of navigating different languages and unfamiliar cities can be unsettling if you’re not used to it. That’s why it’s nice to have a friendly home base for your travels on a Disney cruise ship.
One of the biggest perks to cruising, in general, is that you unpack once. You don’t need to deal with the hassle of packing up and swapping hotels mid-trip.
Upon returning to the ship each day, children can enter a familiar world where they have their stuff set up how they like in their cabin, they can interact with their favorite Disney characters, and they can join friends in the kids clubs to play games and swap stories about the day’s adventures. Parents can relax and not worry about where to eat dinner in a strange city.
Around the ship, families will find plenty of familiar Disney fun, so evenings are easy and carefree. Most nights, families can watch a live performance in the main Walt Disney Theater or catch a movie in the Buena Vista Theater, including newly released movies currently playing in theaters at home.
Related: 26 Disney cruise tips, tricks, secrets and extra magic to unlock when setting sail with Mickey
If your kids are into meeting characters, they are in for a treat. Mickey Mouse and all his pals will dress up in themed outfits for the various European ports of call and come to the ship’s public spaces for meet-and-greets.
The Disney princesses are also onboard to greet everyone and pose for photos. They also host tea parties, but parents be warned, the tea party is an added cost, and reservations fill up quickly.
Of course, no Disney cruise is complete without a deck party or two. On select Mediterranean sailings, fireworks will light up the sky over the Mediterranean Sea with Disney’s iconic Pirate Night deck party.
Travelers can bookend cruises with Adventures by Disney short escapes
Extending your stay in Europe is a great way to take advantage of flying halfway around the world to get on a Disney cruise. Take the hassle out of planning what to do before or after your cruise by booking an Adventures by Disney guided tour.
Families with kids ages 5 and older are allowed to book, though Adventures by Disney does suggest that kids are at least 6 years old. Children under 5 are not permitted on these tours.
The tours take place in Barcelona, London and Rome, all of which have associated ports that Disney Cruise Line sails from throughout its European season. The guided tours include meals, hotel accommodations, transportation to and from the ship and tours of the major sites in each city.
Escapes in Barcelona are four days long. Families can enjoy a privately guided tour of La Sagrada Família cathedral and Parque Güell, plus time at the Gothic Quarter of Barcelona and the medieval abbey, Santa Maria de Montserrat.
If your cruise departs from Civitavecchia, Italy, the Rome escape may be a fun add-on to your trip. The four-day tour includes a VIP Colosseum tour, a tour of St. Peter’s Basilica and the Vatican Museums, and plenty of time to explore the city on your own.
Families departing on Disney Cruise Line from Southampton, England, can book the London escape, which is only three days. The trip starts with a high-speed boat ride on the River Thames and dinner at a local pub. Other activities on the tour include a private viewing of the Crown Jewels, afternoon tea and a private tour of St. Paul’s Cathedral.
Bottom line
Whether you’re a cruise pro or sailing around Europe for the first time, Disney Cruise Line makes sailing the historic coastlines of Europe easy and fun for families.
The ship makes for a familiar home base, with plenty of activities for kids and adults. The cruise line’s shore excursions satisfy the interests of families exploring together while providing options for adults who need a more grownup experience in port. Just be sure to pack your walking shoes and a positive attitude!
I’ve always been a car guy. It’s not that I’m mechanically inclined or that I get into the latest makes and models — neither of these is anywhere close to the truth — but that a car has always been my primary mode of transportation.
When I was a boy, my family lived in rural Oregon, six miles from the nearest town. Automobiles were our only real option for getting around. Even when I went away to college, I relied on a car for most of my mobility. And so it’s been for forty years. As I say, I’ve always been a car guy.
This summer, though, I’ve had a sort of epiphany, one prompted by your comments and suggestions. I’ve learned that I can save money and improve my fitness by leaving my car at home — by exploring alternate modes of transportation.
The Bus
After my small adventure riding the bus in April, I’ve begun to view it as a valid means for getting around town. I think it helps that our friends Chris and Jolie are huge bus advocates, and use it to travel to and from our house. If they can use the bus, so can I — right? Now, instead of seeing the bus as something other people use, I know it’s something that I can use as well.
For example, I’m hoping to take a French class at a local college when the fall term starts. (Kris and I are teaching ourselves French in preparation for our planned vacation to Paris next autumn.) If I do this, I intend to take the bus to school three mornings a week.
I still don’t use the bus often, but it’s now in my pool of options, especially if I don’t want to hassle with a car. Portland’s transit system has an awesome website, so it’s easy to find a route that works for me.
The Bike
I love cycling, but I rarely hop on a bike anymore. For a couple of years during the late 1990s, I regularly rode my bike 5.8 miles to-and-from the box factory during the summer. I was biking over 1000 miles a year. I’ve biked occasionally here at our new house, but I’m older and fatter than I used to be, and my bike no longer really fits me.
I spent the better part of this summer avoiding a bike purchase — I just bought a car, for goodness sake — but two weeks ago, I finally realized that I was being foolish. I bought a city bike, one that actually fits, one that I actually use. Even though I could afford it, I felt apprehensive spending the money. (Still haven’t shaken all of the old mindsets.) But after a fortnight using my new vehicle, I’m pleased with the purchase.
A bicycle is handy not only for exercise, but also for handling middle-distance errands. If a destination is within 10-15 miles and it’s not raining (an important consideration here in Oregon), a bike is a viable option. Biking to my friend Andrew’s house takes about 25 minutes, for example; that’s only 10 minutes longer than it takes by car. And biking to the nearest grocery store barely takes any time at all.
Now that I have a bike that fits me — and one specifically designed for city cycling — I’m eager to make frequent use of it. It’s been over a decade since I had a 1000-mile year. It’d be great to ride that far again in 2010!
My Feet
The bus and the bike are great, but the real revelation in alternate transportation this summer has come from my own two feet. I’ve been walking all over the place.
Kris and I don’t live in a very walkable neighborhood. Despite a “somewhat walkable” Walk Score of 68, there’s nothing much close by. (In calculating walkability for us, the Walk Score counts two minimarts as grocery stores and two bars as restaurants — including one with the dubious distinction of being named “the best dive bar in Portland”.)
After I developed another running injury in June, I decided that I’d have to get my exercise by walking. That meant jaunting five or six miles each day to get the same time on my feet that I’d spent running. It also meant learning to see the surrounding communities in new ways.
For example, I’ve always felt that the nearest city was too far to walk to. It’s 2-1/2 miles to the near side of town and three miles to the far side. But I recently made a deal with myself: Once per week, I allow myself to go to the comic book store and to eat at the cheap taco place — but only if I walk. Walking creates a barrier. By setting this requirement, I can’t just indulge myself on a whim.
It’s not just the comic book store and the taco stand, though. I walk three miles to the credit union. I walk a mile-and-a-half to the public library. I walk a mile to the grocery store. And once, I even walked two miles to the lawnmower repair shop, and then pushed my mower home.
I never thought I could make the time to walk five miles per day, but I was wrong.
And here’s something I’ve learned: Once you start walking five miles a day, your world gets bigger. I know this seems counter-intuitive — a car takes you further faster — but it’s true. You begin to realize that things are closer than you thought they were. Walking is a great way to save money, see your neighborhood, and have fun.
Other Options
Although I may be new convert to alternate modes of transportation, many GRS readers have been working to reduce their car use for a long time, and for a variety of reasons. On Twitter last week, I asked people to share their stories:
Here are some of the replies:
@apricotrabbit wrote: “Between the bus & Zipcar, I don’t need a car in the city & I save tons of money. Plus, I can read while someone drives me around.”
@mrawdon wrote: “I’ve been biking to work twice a week this summer, for the exercise. Cuts down on gas consumption significantly, too.”
@grouchyladybug wrote: “i take the train & bus to work b/c it’s cheaper & more relaxing than driving”
@sarahperiwinkle wrote: “I take the commuter rail b/c its free with employer transit pass, w/in walking distance of home and work, and as fast as car.”
@jessemecham wrote: “is a sweet scooter alternate transportation? 70 mpg and I look good. (Yes, it was partially to save gas).”
It’s important to note that not everyone likes biking or taking the bus. I heard from some people who wish they could use a car more often, or who opt not to use other methods because they’re inconvenient.
Conclusion
Not all Americans have the luxury of being able to explore alternate means of transportation. For good or ill, we’re a car-centric nation that has built car-centric cities that encourage us to stay in our automobiles. But I suspect that there are a large number of people who could travel by bus, bike, or feet — if they only realized how easy it is. (That was certainly true in my case, anyhow.)
For some people, time is an issue, but I have intentionally created a lifestyle that allows me an opportunity to explore more leisurely modes of transportation.
All of this is well and good during the warm, dry months. But what happens when the Oregon rain returns in mid-October? I’m not sure. I suspect my bicycle will go into hibernation, I’ll only walk a couple of times each week, and I’ll really get to learn how Portland’s bus system works. And my spending on gas and car maintenance will continue to drop.
Walking photo by The Giant Vermin. Bus photo by Jason McHuff, who appears to be something of a bus fanatic.
Luxury homes are often called dream homes for a reason. They come with lavish features such as expansive floor plans, state-of-the-art appliances, and perfectly manicured gardens. In the competitive Orlando housing market, staying ahead of the curve is essential to maximize the value and desirability of your property. Popular home features for luxury listings in Orlando encompass a wide range of benefits, from enhanced functionality to aesthetic appeal.
If you’re looking to sell your Orlando home in the near future, investing in the right luxury features can increase your home’s equity and make it more attractive to potential buyers that are willing to pay top-dollar. Or, if you’re a potential buyer and want to know what luxury features to expect in Orlando, you’ll be able to make informed decisions and navigate the Orlando housing market with confidence.
Read on to discover the home features that set a luxury home apart from the rest. So, what features are most important to today’s home buyers? Let’s find out.
1. Spacious rooms that leave a lasting impression
When it comes to luxury homes, you can expect the wow factor to kick in right from the moment you step inside. The entryway is oftentimes grand, setting the stage for the entire property and the tone for what’s to come. You’ll find spacious rooms with high ceilings that create a sense of spaciousness and airiness. Exquisite architectural details add to the overall appeal, complemented by intricate moldings, recessed lighting, and carefully designed shelves.
2. Natural lighting for a brighter floor plan
One thing that luxury homeowners in Orlando truly value is natural light. It creates a seamless connection with the outdoors and enhances the overall ambiance. That’s why you’ll often find larger glass windows and doors in these homes, allowing an abundance of sunlight to flood the living spaces and providing breathtaking views of the surrounding environment. It’s all about embracing the beauty of nature and bringing it indoors.
3. Exquisite outdoor living spaces to relax and entertain
Unsurprisingly, one of the best things about living in Orlando is the natural beauty and warm climate. Orlando’s luxury homes benefit from their prime locations, often situated on coastlines, lakes, and springs, and provide the perfect backdrop for creating exceptional outdoor living spaces. Seamless integration between indoor and outdoor living is what sets luxury homes apart and elevates the overall living experience.
Additionally, the centerpiece of these outdoor spaces is often the luxurious, high-end pool and spa. Whether you’re lounging poolside under the warm Florida sun or unwinding in the bubbling waters of the spa, the outdoor living experience is truly unparalleled.
As a result, outdoor spaces have emerged as the most popular luxury home feature among potential homebuyers for Redfin Premier listings. The popularity of outdoor living is rapidly growing, with a particular focus on outdoor kitchens. These expansive culinary havens boast top-of-the-line appliances, ample seating areas, and meticulous attention to detail. As the demand for outdoor living continues to rise, incorporating well-designed outdoor kitchens has become a key selling point for luxury properties.
4. High-end kitchens to elevate your culinary experience
Spacious kitchens are highly valued in Orlando, with high-end finishes like marble or quartz countertops, top-of-the-line appliances, and fixtures, creating a beautiful and functional space. A butler’s pantry or extra storage options add convenience and organization to the space.
5. Luxury bathrooms for a spa-like retreat
In luxury bathrooms, elaborate glass showers or open areas near soaking tubs provide a spa-like experience. High-end fixtures, carefully curated lighting, and privacy windows strike a balance between elegance and practicality. These features set high-end homes apart from their non-luxury counterparts, offering refined spaces that combine opulence, style, and functionality.
6. Specialized spaces tailored to your every need
Luxury homes now prioritize designated spaces for specific purposes, such as home offices, media rooms, and home gyms. While open living areas for gatherings remain desirable, including these specialized spaces adds functionality and convenience. Dedicated spaces are even more appealing when they come fully equipped for their intended use, enhancing both functionality and comfort.
For instance, a home office may feature built-in custom cabinetry, providing a practical and organized workspace. Media rooms are designed with comfortable seating and top-notch equipment, creating an immersive entertainment experience.
These dedicated spaces allow homeowners to have dedicated areas for work, leisure, and wellness, enhancing the overall lifestyle and enjoyment of the home.
7. Smart home technology is the ultimate convenience
Technology translates to convenience, and the integration of advanced automation systems offers homeowners a seamless living experience, elevating their lifestyle to new heights. With smart technology, homeowners can remotely manage and monitor various aspects of their homes, including door locks, garage doors, security cameras, and temperature control. This level of connectivity and automation enhances security, energy efficiency, and overall comfort.
Looking to buy a luxury home in Orlando?
If you’re in the market to buy a luxury home in Orlando, be sure to check out Winter Park, Lake Hart, Bay Hill, and Windermere – these are all prominent neighborhoods in the market known for their luxury homes. Winter Park, in particular, continues to see ongoing construction and is highly regarded for its upscale properties.
Looking to sell a luxury home in Orlando?
Selling a luxury home requires a specialized approach. From pricing to marketing, every aspect must cater to buyers with high expectations. As you move up the price range, strategic decisions become crucial to attract potential homebuyers.
A skilled real estate agent understands the unique demands of luxury buyers and can effectively communicate the value of your property. They possess the necessary insights to position your home in the market, target the right audience, and negotiate favorable deals.
There are several features and amenities that can elevate a Redfin Premier listing and make it stand out from others. One effective strategy for luxury homes in Orlando is to highlight outdoor photos and drone footage, particularly for waterfront homes.
In a recent Redfin Premier listing, unique home features that served as key selling points were the private pool and additional garage space. Several buyers who were relocating to Florida expressed a strong preference for homes that offered these amenities. The private pool provided a luxurious and refreshing oasis for relaxation and entertainment. At the same time, the extra garage space offered ample storage and flexibility for car enthusiasts or those needing additional workspace. Including these sought-after features significantly attracted and appealed to potential buyers, ultimately contributing to the successful sale of the property. Remember, your home’s unique and high-value features are your main selling points.
A final note on luxury homes features in Orlando
The luxury real estate market in Orlando, FL offers a wealth of opportunities for both buyers and sellers. As buyers search for their dream home, it’s important to be aware of the luxury features that Orlando has to offer, including waterfront properties, expansive outdoor living spaces, smart home technology, and breathtaking views. On the other hand, it’s essential for sellers to leverage these features and showcase their homes’ high-end features to capture the attention of potential buyers. Be sure to work with an experienced local real estate professional to help navigate Orlando’s luxury real estate market successfully.
The COVID-19 pandemic could result in waves of people moving from the city and into the suburbs in search of more space, forecasts show.
While 30% of American say they’ve browsed real estate listings recently, those who live in urban areas are twice as likely as those living in the suburbs or rural areas to actually be interested in buying or renting a home or apartment, according to a new Harris Poll conducted last month. Almost a third of American say they’re considering a move to a less densely populated area due to the coronavirus, the same poll shows. Moreover, nearly four in 10 of those respondents were urbanites who say COVID-19 is what has prompted them to consider such a move.
John Downs, a real estate pro with Berkshire Hathaway in Connecticut, told The Wall Street Journal he’s expecting to see much greater demand for McMansions in more remote locations, once the coronavirus has passed. He said that he’s already noticed an increase in inquiries about properties in remote areas from city dwellers.
A separate report by CNBC shows an uptick among New York’s wealthiest residents who’re looking to move into the suburbs or exurbs in order to enjoy a less crowded lifestyle. Most are seeking more space and distance from their neighbors and crowds, real estate professionals say. For some, it may be they’re interested in buying a second home that’s still close to the city. For others, it may be more permanent.
“It seems like everyone wants to leave the city,” said Steve Magnuson, a broker with Douglas Elliman in Greenwich, Connecticut, in an interview with CNBC. “Our problem is not enough inventory for sale. We’ve been on the phone 24/7 and on email.”
Magnuson recently rented a five-bedroom home with an infinity pool in Greenwich for $55,000 a month—a record high for the town. The rental is now available again but is listed at a more expensive price—$65,000 per month—and has a waitlist of 18 people desiring to rent it.
People in the city who are eyeing suburbia are looking for a more spacious place to run, walk, and ride bikes. Wealthy buyers are also focusing on homes with a pool, large home office, and strong internet and cell services, Magnuson notes.
Could the rush from city to the suburbs be temporary, as it was following the Sept. 11, 2001, terrorist attacks? Brokers report a momentary shift in the market during that time as more people fled the city. But they quickly returned, driven by overseas buyers and young professionals. Even without an exodus, brokers are still banking on a desire for second homes to grow among the wealthy after the pandemic.
“Being able to go someplace not far from your home, where you have a home office and can keep your friends and family safe—that’s number one,” Magnuson told CNBC.
Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at [email protected]