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Hot Property: 'Full House' for a lesser price

Consumer / Home and Consumer News /

LOS ANGELES -- There are plenty of "Full House" fans out there, but apparently none with pockets deep enough to buy the show's famous home.

The San Francisco Victorian -- used to portray the Tanner family's residence in the famous sitcom -- listed last year for $5.999 million. With no takers, it's back on the market for half a million less.

...Read more

Jared Kushner divests from startup Cadre over future conflict concerns

Consumer / Home and Consumer News /

WASHINGTON -- Jared Kushner has divested from Cadre, the real estate technology startup he cofounded, according to a person familiar with the matter, after the business attracted investment offers that could pose conflicts of interest for the White House aide.

Kushner, who is President Donald Trump's son-in-law as well as one of his senior ...Read more

Real estate Q&A: Can siblings sell house they inherited before brother died?

Consumer / Home and Consumer News /

Q: My sister passed away and left her house to me and our two brothers. The three of us decided to sell the house, but before we could, one of my brothers also passed away. He was single with no children and did not have a will. Can we still sell the house? -- Richard

A: You will be able to sell the house eventually, but there will be some work...Read more

Dee Gill: ADUs part 3 — Sample projects show costs, returns of building additions

Consumer / Home and Consumer News /

If you've looked into building a rentable addition inside your house or in your backyard, you may, understandably, be shocked at the cost. Those basement apartments, garage units and other accessory dwelling units cost more per square foot to build than most traditional homes.

If you'd like to learn the basics of accessory dwelling units (ADUs)...Read more

Jeff Opdyke: Is it still retirement if you have to work?

Consumer / Home and Consumer News /

Most Americans don't have enough money saved to retire on, and Social Security isn't sufficient all by itself. Where do you find yourself in relation to these figures?

--The U.S. Bureau of Labor Statistics reports that households headed by those over 65 spend, on average, about $46,000 a year, or about $3,833 a month.

--The average couple ...Read more

Jeff Opdyke: Unpleasant surprises in retirement aren't what you think

Consumer / Home and Consumer News /

Our brains are ill-equipped to handle what they cannot foresee, the result of something known as status quo bias, an assumption that every tomorrow will pretty much look like every today.

Problem is, life constantly changes. Most changes are small and either unnoticed or easily managed. A few, however, are substantial and radically disrupt our ...Read more

Warren Buffett says Apple is probably the 'best business' in the world

Consumer / Home and Consumer News /

Warren Buffett, the legendary investor known for his no-nonsense approach to putting his money into stocks and businesses, has some high praise for what is arguably the most-iconic of all Bay Area companies, Apple.

On Monday, Buffett, the chief executive of Berkshire Hathaway, called Apple "probably the best business I know in the world," and ...Read more

Erin Arvedlund: 'Dark Towers' shines light on Deutsche Bank — financier of Trump, Kushner, and Russian oligarchs

Consumer / Home and Consumer News /

The juiciest parts of the new book Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction pick up where the last scandal involving the bank left off -- manipulating interest rates amid the 2008 financial crisis. This isn't just an expose of a massive global bank. It's also the tragic story of a senior Deutsche executive, Bill...Read more

5 home projects that will pay off in 2020

Consumer / Home and Consumer News /

Want to spend less and recoup more on home improvement projects? The Remodeling 2020 Cost vs. Value Report (costvsvalue.com) compares the price of popular projects across the country and provides insight into which retain the highest value at resale. Before you start your next renovation, take a look at which projects will offer the highest ...Read more

Social Graces: How to handle dating someone who is in an open relationship

Consumer / Home and Consumer News /

Q: You are dating someone who is in an open relationship. How do you set boundaries?

A: Open relationships seem to be growing in popularity, but the feelings around this relationship type vary from partner to partner.

As for setting boundaries, I recommend that you and the person you are dating renegotiate your relationship status each ...Read more

Sales of Chicago commercial buildings plunged in 2019: 'Everyone was asking me what's wrong with Chicago'

Consumer / Home and Consumer News /

Investors cast a wary eye on Chicago last year, causing commercial property sales to plummet amid worries about property taxes, and adding to already mixed signals about the city's real estate outlook.

Sales of office, apartment, hotel and industrial buildings in the city totaled $8.07 billion in 2019, down from the post-recession peak of $16 ...Read more

Hot Property: The Kardashian empire expands in La Quinta

Consumer / Home and Consumer News /

LOS ANGELES -- Kim Kardashian West has followed in the footsteps of her mother, Kris Jenner, and sister Kylie Jenner, buying an undeveloped home site in La Quinta's Madison Club community for $6.3 million, records show.

The property is on the same street as the minimalist mansion that Kris Jenner purchased in 2018 for $12 million. It's also a ...Read more

Susan Tompor: Wealthy who don't file tax returns may get a knock on the door from IRS

Consumer / Home and Consumer News /

The IRS is taking to the streets to track down high-income earners who aren't filing federal income tax returns or paying taxes.

A new step in an ongoing effort involves making roughly 800 face-to-face visits in the next two months to high-income individuals who haven't filed tax returns in 2018 or previous years. The Internal Revenue Service ...Read more

As other cities embrace 'mass timber,' Chicago remains wary

Consumer / Home and Consumer News /

CHICAGO -- Wood is having a moment in the world of architecture.

Cities such as Milwaukee and Minneapolis are going all-in on an innovative type of wood whose boosters claim takes less energy to produce than concrete or steel.

It might even be on the verge of making inroads in Chicago, where the Great Fire of 1871 incinerated vast stretches of...Read more

Cost, difficulty of renting depend on who and where you are

Consumer / Home and Consumer News /

Some people have an easier time finding an apartment than others, and it has nothing to do with their ability to pay rent.

According to a new Zillow analysis, renters of color are disproportionately more likely than white renters to pay an application fee when they are searching for a new home, even when researchers controlled for age, income ...Read more

Real estate Q&A: Can condo owners withhold dues to force board to rehire employee?

Consumer / Home and Consumer News /

Q: Our condominium recently let go off a popular employee. Several residents are upset and want him rehired. They are threatening to withhold their monthly dues until the board of directors gives in to their demands. What is the best way to deal with these maverick owners? -- John

A: There is a right and wrong way for unit owners to address ...Read more

Carla Fried: Many millennials who came of age in recession are risk-averse

Consumer / Home and Consumer News /

An established line of psychological theory is that what we experience in late adolescence and early adulthood ends up having a large pull on our behavior throughout life. And economic gut punches pack a wallop.

Numerous studies have shown those entering the job market during a recession suffer significant and long-term income penalties, ...Read more

Tiny homes, big ideas: Finding a place for downsized dwellings

Consumer / Home and Consumer News /

Nestled in a wooded RV park south of Atlanta, Larry Singleton's home stands out. With its beige wooden siding, exterior shutters and a metal roof, it's technically not an RV. This is a tiny home.

Singleton lives his life in just 230 square feet, and at the forefront of what he sees as a growing real estate trend.

"I absolutely love it," said ...Read more

The most expensive home in LA cost Jeff Bezos only 0.13% of his net worth

Consumer / Home and Consumer News /

It can be hard to grasp the wealth of Jeff Bezos, the planet's richest man. Thankfully his decision to spend $165 million on a Beverly Hills mansion last week -- a California record -- offers some clarity.

For starters, there's this easy calculation. Amazon's stock, the source of Bezos' fortune, bounces around daily, but as of the close of ...Read more

As Seattleites and their money flow south, Tacoma residents grapple with changing neighborhoods

Consumer / Home and Consumer News /

TACOMA, Wash. -- Real estate agent Marguerite Martin built a business convincing Seattleites they could move to Tacoma.

Now, as Tacoma housing grows increasingly unaffordable for its own longtime residents, particularly in historically black neighborhoods, she said she wishes she hadn't.

In 2013, as the Tacoma housing market recovered from the...Read more