ATLANTA — It wasn’t the price, it was the rate.
Kevin Johnson and his wife closed in December on a newly constructed, five-bedroom, three-bath home in Dallas for $449,000 — $100,000 more than the price they got for their Powder Springs, Georgia, home — a move they weren’t making because they really wanted to leave their home of eight ...Read more
About two-thirds of homeowners with mortgages are sitting pretty with a rate below 4% — and feeling stuck. With rates almost double where they were last year, housing inventory stubbornly low, and prices still high, they can’t afford to move.
It may be easier to fix what you don’t like about your current house than to find a new one. ...Read more
As the Bay Area struggles to confront a chronic housing shortage and million-dollar home listings, a new poll indicates residents here are more concerned than most Californians about the high cost of housing.
The survey by the nonprofit Public Policy Institute of California, found 80% of Bay Area residents see housing affordability as a big ...Read more
Strip malls and other outdoor shopping centers throughout the Twin Cities suburbs are busier than ever.
Demand from retailers has driven nationwide shopping center occupancy to its highest level since 2007, when commercial real estate firm Cushman & Wakefield first started collecting the retail data.
Local real estate brokers and property ...Read more
Mortgage rates in the U.S. fell for a fourth straight week.
The average for a 30-year, fixed loan was 6.09%, down from 6.13% last week, Freddie Mac said in a statement Thursday.
Mortgage costs have come down almost a full percentage point from their recent high, giving hope to some would-be homebuyers looking for a way into a deal. The ...Read more
Q: Our condo recently passed a special assessment to make us pay for some improvements to the pool area that are a waste of money. What happens if I refuse to pay since I disagree with how the money will be used? — Alfie
A: Community associations, including homeowners, condominium, and cooperative associations, have the power to pass “...Read more
Home sellers in South Florida made record profits last year, even with the housing market slowing down in the later half.
In South Florida, home sellers made about $159,300 profit on the typical sale, a 51% increase from the year before, according to a year-end report released by ATTOM Data, a nationwide provider of property data.
It ...Read more
Overlooking the New River in Fort Lauderdale not far from million-dollar homes situated across the waterway lies a well-kept secret: a luxury RV resort.
It offers what many think of when they visit South Florida: gorgeous waterfront views, lush greenery and million-dollar yachts floating by, but with a twist.
Instead of condos or sky-high ...Read more
BALTIMORE — A lawsuit alleging that a Baltimore-area apartment management company owned by former President Donald Trump’s son-in-law illegally charged additional fees on late rent payments can proceed, the Appellate Court of Maryland ruled this week.
The ruling by the state’s second-highest court is a loss for Westminster Management LLC,...Read more
Atlanta-based PulteGroup on Tuesday reported net income of $882 million for the last quarter of 2022, up 33% from the same period a year earlier.
Revenues during the quarter were $2.6 billion, 19% higher than during the same three months of 2021 — news that sent shares of company stock to their highest level in more than a year during ...Read more
The US housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in June.
Prices also fell roughly 0.3% in November from a month before, according to a seasonally adjusted data of national prices from S&P CoreLogic Case-Shiller.
Last year’s run-up in mortgage rates cast a chill on the housing market, ...Read more
The share of Americans who say they live paycheck-to-paycheck climbed last year, and most of the new arrivals in that category were among the country’s higher earners, a new study shows.
Some 64% of US consumers — equivalent to 166 million people — were living paycheck-to-paycheck at the end of 2022, according to the survey by industry ...Read more
See them circling? Feel their gaze?
The "Venmo Vultures" are out there — and they want their money.
Say your pal laid out the cash for your latte at the place near the thing where you went that time. Your share came to $4. Not long ago, your ol' buddy would have channeled their inner Bezos and swallowed the cost, no problem.
But inflation ...Read more
As landlords struggle to get people back into office buildings that emptied during the pandemic, some are turning to entertainment and other enticements such as yoga classes to woo wary workers.
At the Water Garden office complex in Santa Monica, a dance troupe has taken up residence and puts on free performances and classes for kids. Flower ...Read more
San Diego City Council voted unanimously Tuesday to declare housing as a human right, a rare move for a city with a lot of housing issues.
San Diego's resolution states housing is a "fundamental human right and reaffirms its commitment to providing more housing and services geared toward putting a roof over the head of every San Diegan." ...Read more
Already reeling economically from the COVID-19 pandemic, rampant real estate speculation and looming gentrification, residents and business owners in Miami’s Little Haiti neighborhood are now confronting a new source of worry and uncertainty: The purchase by developers of a significant slice of properties along its main commercial street.
Just before noon last Friday, a crowd gathered quietly on the corner of Sixth Avenue and Pike Street, waiting to pay their last respects to the downtown Seattle Nike store before it closed for good.
"I'm heartbroken," said Richard Green, who had come up from Tacoma and who, despite being entirely outfitted in Nike (including, he attested, ...Read more
Thanks to its impressive list of celebrity residents and impressive collection of record-setting mega-mansions, the Los Angeles Westside neighborhood Bel-Air has developed a reputation as one of the ritziest enclaves in the country.
A 260-acre property that spans 6% of the famed neighborhood is being auctioned off to the highest bidder.
The ...Read more
Q: Several months ago, I discovered a large hole in the building’s exterior that exposed the inside of the wall in behind my apartment. I emailed our condominium’s manager a few times and have not gotten a response. What should I do? — Steven
A: It is good that you are taking damage to your condominium building’s condition seriously. It...Read more
The explosive cost of rent around the country continued to cool in December, according to a report released Thursday, but one expert says the high prices of the past two years are likely to be “the new normal” for Orlando, Florida.
The median rent in metro Orlando was $2,130 per month in December, up about 2% from November, according to the...Read more
- Alexis Leondis: How to pay for a renovation if you can't afford to move
- Homebuyers lured by dip in mortgage rates still higher than a year ago
- Just what improvements qualify for Florida's $10,000 home-hardening grant? Answers aren't always easy to find
- Outdoor shopping centers are hot, even in the cold
- Housing costs trouble Bay Area residents more than elsewhere in California, new poll finds