Construction Maison

Name: Stephanie Betant and Chace Vanderwolk Location: French Concession — Shanghai, China Size: 2,150 square feet Years lived in: Rented 6 months Beijing and Shanghai dwellers often engage in friendly spats over which city is the better one. Stephanie Betant and her husband Chace Vanderwolk recently found themselves in the unique position of getting to know both. When Stephanie and Chace were told they had to relocate from China's capital for work, they moved their Beijing antique finds from their modern home in the Sanlitun DRC into a historical lane house full of 1940s Shanghai character in the French Concession . Despite moving away from a place they had only recently (painstakingly) renovated, starting over was a cinch for a couple who had grown up in Hong Kong, but then spent most of their twenties moving between cities around the world. Their three- story home effortlessly reflects this trail as it's dotted with treasures that have traveled with them, like an...

House-flipping hit its highest levels last year since before the recession as investors seek to capitalize on rising home prices and a seller’s market with tight inventory. But the process is nothing like what you see on TV, where it looks like a home can be bought, gutted, renovated and resold in less than an hour – not including commercial breaks . The truth is often much messier, real estate professionals in Charlotte said. “It’s a lot easier to lose money in this business than it is to make it,” said Jeff Johnson, owner of NewPath Properties , which specializes in buying and rehabbing distressed properties . Still, that’s not deterring people from giving it a try in Charlotte. First-quarter figures from Attom Data Solutions show flips – defined as the same property selling twice in a 12-month period same year – made up more than 6 percent of sales in the Charlotte region, or 540 sales. House-flipping increased almost 4 percent from a year ago, though it remains well below the cit...

House-flipping hit its highest levels last year since before the recession as investors seek to capitalize on rising home prices and a seller’s market with tight inventory. But the process is nothing like what you see on TV, where it looks like a home can be bought, gutted, renovated and resold in less than an hour – not including commercial breaks . The truth is often much messier, real estate professionals in Charlotte said. “It’s a lot easier to lose money in this business than it is to make it,” said Jeff Johnson, owner of NewPath Properties , which specializes in buying and rehabbing distressed properties . Still, that’s not deterring people from giving it a try in Charlotte. First-quarter figures from Attom Data Solutions show flips – defined as the same property selling twice in a 12-month period same year – made up more than 6 percent of sales in the Charlotte region, or 540 sales. House-flipping increased almost 4 percent from a year ago, though it remains well below the cit...