Annuities are often associated with retirees looking for a steady income stream later in life. But does it make sense to lock in guaranteed income in your 40s, potentially decades before retirement?

On the surface, the idea of guaranteed income sounds appealing. But annuities are complicated financial products, and buying one too early can tie ...Read more

When my husband and I refinanced our mortgage in 2009, we felt confident we were making the right move. Since both of us had exceptional credit, we knew we could reduce our mortgage rate by one percentage point or more, as is considered de rigueur when refinancing. A no-brainer, right?

In retrospect, I wonder. We should have considered other ...Read more

As destructive wildfires have ravaged California over the past decade, the insurance industry has dropped hundreds of thousands of homeowners statewide, raised their premiums, and, in some cases, stopped writing new home policies anywhere in the state.

Few understand the crisis better than Dave Jones, the former California insurance ...Read more

Approximately 10,000 acres of prime land that could be developed are sitting vacant in Southern Nevada, according to a new study.

A total of 31,650 tax lots, encompassing 78,285 undeveloped or underutilized acres, with 10,000 of those acres considered prime for residential and commercial development potential are available in the region, ...Read more

A group of Clark County, Nevada, property owners has filed a federal lawsuit in U.S. District Court against the county and state challenging the government’s ability to enforce restrictions on providing short-term rentals to visitors to Southern Nevada.

The Greater Las Vegas Short-Term Rental Association and several of its individual members ...Read more

Since graduating college in May, I’ve been thinking about my future a lot. One question has stood out: Am I going to be able to buy a home like my parents did less than 30 years ago?

Pretty much everywhere, home prices have climbed in recent years. The median price for metro Atlanta, which spans multiple counties, grew from $190,634 in April ...Read more

Rocket Companies announced Tuesday that it has closed on its previously announced $1.75 billion deal for real estate brokerage Redfin, a deal that combines Redfin’s home search platform with Detroit-based Rocket’s mortgage lending.

“I’ve used Redfin every day for the last 20 years. It helped me find and fall in love with my first home, ...Read more

After Britt Baker graduated from Harvard Business School in 2016, her friends back in California begged for a souvenir: the best investment advice she'd learned.

Baker, 37, indulged them, starting out of her Fairfax, California, living room a finance club that eventually became her present-day financial education startup, Dow Janes — which ...Read more

Lafayette, Colorado’s mayor, JD Mangat, can’t afford a house in the city he leads.

On a salary as a middle school social studies teacher, home prices in the Boulder County city of 30,000 are out of reach for the 29-year-old Lafayette native.

“I live at home with my parents,” he said. “None of my friends growing up still live in ...Read more

Two more property insurers have been approved to serve Florida’s beleaguered homeowner market, the state Office of Insurance Regulation announced.

The office on Friday identified the two new companies in a news release as Incline National Insurance Company, headquartered in Texas, and Florida Insurance and Reinsurance Company, a Florida-...Read more

More millionaires are choosing to rent in Philadelphia.

In 2023, 102 households making $1 million or more annually chose to rent in the Philadelphia metropolitan area, according to a new report from rental listing website RentCafe. That’s up from 22 in 2019.

Across the country, millionaire tenants are attracted to the ease offered by turnkey...Read more

BALTIMORE — Customers who ventured into Rite Aid at Gittings Marketplace in North Baltimore during its final week in mid-June found a shuttered pharmacy, empty refrigerator cases and an assortment of greeting cards and beauty products at 90% off, but little else.

Across from the drugstore on York Road, a Party City sign tops a building that ...Read more

Like many downtown Los Angeles residents, Ricardo Sebastián doesn’t own a car and prefers it that way.

“I do not want the responsibility of owning a vehicle. That’s not for me,” said Sebastián, who grew up in Chicago relying on public transit.

The 38-year-old consultant travels around L.A. by train and bus, but finds most of what ...Read more

Seattle will soon ban the controversial rent-setting platform RealPage and similar services, becoming the latest local government to take aim at a technology that critics say helps drive up housing costs.

The Seattle City Council voted unanimously Tuesday to ban a widely used class of software that gathers information from an array of ...Read more

Illinois has a shortage of about 142,000 housing units and must build 227,000 in the next five years to keep pace with demand, a number that would require recent annual production rates to double, according to a new economic study.

The joint study published Tuesday by the Illinois Economic Policy Institute and the Project for Middle Class ...Read more

BOSTON — Critics of a proposed Boston zoning plan are fuming over new regulations that they say will “Manhattanize” the city’s historic downtown with shadow-casting 700-foot skyscrapers.

Downtown Boston Neighborhood Association representatives say the administration of Mayor Michelle Wu “blindsided” them with the final draft of a ...Read more