Prospective home sellers who sat tight as U.S. prices climbed higher and faster than ever during the pandemic are finally emerging to cash out, a step toward easing a dire shortage in the frenzied housing market.
The number of U.S. homes for sale climbed 6.7% in early June from the same weekly period in May, according to Haus, an investment ...Read more
Some SFH-only areas and cities are inviting denser development
A big culprit in the housing shortage bedeviling many of the country’s most popular and dynamic cities is a long history of zoning that enshrines the single-family home (SFH) at the cost of other more economical forms of housing. That’s starting to change, just a little bit, and...Read more
Q: A few weeks ago, another apartment in our condo was having their hot water heater replaced. The management company only placed signs in one section notifying that the water would be shut off. We lost water in my unit, so I went outside to investigate. Seeing no one around, I noticed that the main water valve was shut off. When I opened the ...Read more
The era of pandemic rent declines appears to be over.
After falling through much of the COVID-19 crisis as people relocated to suburbs or moved in with relatives, rents in big cities including Los Angeles, San Francisco and New York are now on the rise. And experts say that prices are likely to keep swinging upward.
"Landlords are really eager...Read more
Try reading up on the topic of grade inflation at U.S. colleges, and you’ll very soon encounter grim opinion essays about moral decay and the erosion of academic standards. We can guess that most of these missives were penned by those with secure jobs, little or no student debt remaining and a certain distance from, shall we say, economic ...Read more
You don’t want to be that parent who’s a pain in the neck
Many parents have great hopes for their children — and for their kids’ elementary school years. This is where children develop friendships, a sense of self and a lifelong love of learning.
I guess that’s why parents get involved at school. I couldn’t say, as everyone’s ...Read more
Applications to build coach houses, basement units and attic apartments poured in during the first month of a pilot program in Chicago, as the addition of units became legal in the city for the first time in nearly 65 years.
The program is designed to expand access to moderate-cost and affordable housing, provide space for multigenerational ...Read more
The Achilles heel of community colleges also happens to be their strength. They’re flexible, affordable and supportive of students from all walks of life. But because of that flexibility and chronic underfunding from state and local governments, “they’re often not providing very consistent, structured support,” says Xueli Wang, author of...Read more
Community college seems like an oasis of affordable opportunity: It’s cheap! It’s nearby! And you can just see the number in your bank account ballooning with the salary boost from your new degree or certificate! But proceed with caution. Without a strategy, community college can also be a bonfire of wasted time and funds.
The key, says ...Read more
By Arianne Cohen
Rate.com careers editor
To launch your career into the stratosphere, aim for roles with ample decision-making tasks.
“It’s basically impossible to keep getting pay increases after (age) 35 or 40 if you’re not in a job that requires decision-making,” says David Deming, a professor of public policy at Harvard Kennedy ...Read more
Work buddies are like school friends: Fall into the wrong crowd, and your path can swerve southward. Becoming besties with a tired-and-over-it manager might tank your attitude, while friendship with the head of the company volunteer group might socially engage you.
“Some friendships are very positive in terms of performance, motivation and ...Read more
Families who don't normally file a tax return will need to pay close attention to a new online tool from the IRS.
A special non-filer tool is now available to help eligible families who don't normally file a tax return register for the monthly Child Tax Credit advance payments that are scheduled to kick off July 15.
Eligible families will ...Read more
Their tax bill is accelerated under new law
By Carla Fried
Rate.com financial news editor
Of the many changes wrought by the SECURE Act of 2019, one of the most significant governs how those who inherit retirement accounts take distributions. Starting in 2020, new non-spouse beneficiaries have just 10 years to empty the account. Under old tax...Read more
Overdraft fees remain a moneymaking machine for banks and a devastating financial gotcha for poor families and communities of color.
Some consumers lose enough money in just one day to cover a monthly utility bill. Think about that one for one minute.
Many vulnerable consumers just don't have a financial cushion to absorb those kind of ...Read more
Q: If you wear a mask to a restaurant, when should you take it off and where do you put it?
A: When it comes to mask etiquette at a restaurant, my personal protocol is to always err on the side of safety and to follow the current recommended mandates.
When entering and traveling through a restaurant, I prefer to wear a mask until properly ...Read more
It's going to be a busy summer at "The Hope Factory," an 8,000-square-foot warehouse in Seattle's SoDo neighborhood, where around a dozen volunteers will come in six days a week to build at least 10 shed-sized homes a month for homeless people.
"All of our weekends are booked, except two Saturdays, through Labor Day," said Barb Oliver, director...Read more
Q: When my husband divorced his former wife, he was awarded the house. We have been married for 10 years and recently paid off the mortgage. We want to remodel the home but do not want to pour more money into the house until her name is taken off of the deed. What can we do? — Melisa
A: Being awarded the house in a divorce does not ...Read more
When it comes to taxes, many people now are focused on trying to track their refund. Or they're looking forward to getting a monthly check beginning around July 15 for an advance of the Child Tax Credit.
But plenty of people should consider whether they're going to have enough money withheld this year to cover the taxes owed in 2022.
It may ...Read more
Connecticut lawmakers approved a bill meant to protect owners of homes with crumbling foundations and prevent the faulty concrete that caused the costly and widespread problem from ever being used again.
Gov. Ned Lamont is reviewing the bill, his spokesman said Tuesday.
Among other provisions, the legislation removes a five-year cap on ...Read more
If you’ve saved well enough to retire, but can’t quite decide which you’d enjoy more — retiring now or continuing to work — there’s a piece of research that suggests you might live somewhat longer if you keep working.
This only applies to men; working longer doesn’t seem to deliver a similar health boost for women.
Work longer, ...Read more
- Tight US housing market uncoils with sellers ready to cash out
- Arianne Cohen: Why college grade inflation is good for America
- Home insurance canceled or not renewed? Beware of force-placed coverage
- Residential upzoning: What it means for housing and for you
- The falling rents of COVID times are behind us. Expect prices to rise