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When in Rome, or Chicago: thermal baths open in former paint factory

Consumer / Home and Consumer News /

CHICAGO -- Chicagoans looking to soak in ancient Roman thermal pools, housed inside a somewhat less ancient restored former paint factory: Your bath is almost ready.

Aire Ancient Baths, a Spanish company, is opening a 20,000-square-foot facility in the River West neighborhood later this month, featuring cold, warm and hot baths, a salt water ...Read more

Meet the startups fighting Bay Area's soaring housing costs

Consumer / Home and Consumer News /

SAN JOSE, Calif. -- An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region.

These founders, intent on disrupting the housing market and bringing down costs, are stepping in as government officials and nonprofits ...Read more

The Mortgage Professor: Why the HECM reverse mortgage market is stunted – and what can be done about it

Consumer / Home and Consumer News /

During my lifetime, retirement planning has become more and more challenging. People are living a lot longer, which makes retirement periods longer, and fewer people retire with employer-provided defined benefit pension plans. On the positive side of the ledger, the rate of homeownership is higher, home equity is a major part of the wealth of ...Read more

The Mortgage Professor: Why the HECM reverse mortgage market is stunted – and what can be done about it

Consumer / Home and Consumer News /

During my lifetime, retirement planning has become more and more challenging. People are living a lot longer, which makes retirement periods longer, and fewer people retire with employer-provided defined benefit pension plans. On the positive side of the ledger, the rate of homeownership is higher, home equity is a major part of the wealth of ...Read more

Bay Area startup hopes to solve housing crisis by turning shipping containers into homes

Consumer / Home and Consumer News /

OAKLAND, Calif. -- When Luke Iseman looks at the huge stacks of shipping containers that loom over the Port of Oakland, he imagines an end to the Bay Area's housing shortage.

With the cost of renting and buying homes continuing to soar, Iseman's Oakland startup is finding creative ways to turn cold, corrugated steel containers into cozy homes. ...Read more

Hot Property: Mother-daughter condominiums

Consumer / Home and Consumer News /

LOS ANGELES -- The family that buys real estate together stays together, apparently.

"Keeping Up With the Kardashians" matriarch Kris Jenner and her daughter Kim Kardashian West have both bought condominiums at Avanti, a new upscale community in Calabasas. Jenner paid $1.497 million and $1.65 million for two separate residences; Kardashian West...Read more

The Journey: 2nd or 3rd time around –– money matters

Consumer / Home and Consumer News /

If gray divorce doesn't rain down enough financial stress on a retirement plan, a second (or third) marriage or domestic partnership certainly will. What to do?

Heading into a new committed relationship means both partners need to take stock of their retirement plans and legal documents, having detailed conversations not only about how to split...Read more

Susan Tompor: 'Downtown' Josh Brown talks about bitcoin and boomers

Consumer / Home and Consumer News /

"Downtown" Josh Brown, a panelist on CNBC's "Fast Money Halftime Report," isn't afraid to be blunt. Ask him to talk about what baby boomers need to do if they're edgy about what's driving the Dow Jones industrial average beyond 23,000 and he gives you quite an earful.

Brown says someone who is 65 now cannot afford to take all the risk off the ...Read more

Bad news for tenants: Bay Area rents are still rising in dozens of cities across the region

Consumer / Home and Consumer News /

SAN JOSE, Calif. -- A new report dissecting rent trends across the Bay Area is filled with bad news for tenants. With a handful of exceptions, today's rents are higher in most of the region's cities than they were a year ago.

The fastest rent growth was in Concord, where year-over-year rents were up 7.3 percent, according to the report from the...Read more

A new social phenomenon in an intense housing market: 'Are you interested in selling?'

Consumer / Home and Consumer News /

SEATTLE -- Bring me your ghosts and ghouls, your Wonder Women and White Walkers. Bring Pennywise and Eleven, Fake Melania and Harvey Weinstein in a bathrobe.

Nothing this Halloween will scare me as much as The People Who Want My House.

Three times in the last few weeks, someone has asked, point-blank and apropos of nothing, if I was interested...Read more

Got old smoke detectors? It's OK to put them in the garbage

Consumer / Home and Consumer News /

Q: What can I do with a household full of ionization smoke alarms, which say they contain ninth-tenths of a microcurie of the radioactive material americium? I've tried calling everyone I can think of, but nobody has been able to give me an answer.

S.F., of Belleville

A: I know it probably defies common sense, but Keep Northern Illinois ...Read more

Real estate Q&A: Deeding your home to children? Avoid pain and probate with 'living trust' or 'life estate deed'

Consumer / Home and Consumer News /

Q: Our friend bought a condo five years ago and put her son's name on the deed just in case something happened to her. Now she wants to take his name off and he is refusing to cooperate. She paid for the condo, lives there and covers the expenses. What can she do? – David

A: In my experience, people will often include the names of their ...Read more

How Fort Lauderdale's long-overlooked downtown became South Florida's latest hotspot

Consumer / Home and Consumer News /

MIAMI -- For many years, as once-dismal downtowns in Miami and West Palm Beach were transformed by sweeping redevelopment and an influx of fresh-faced residents hungry for some urban sizzle, Fort Lauderdale's city center remained by comparison an overlooked patch of sleepy streetscape.

How swiftly things change in South Florida.

Fort ...Read more

The Mortgage Professor: Another look at simple interest mortgages

Consumer / Home and Consumer News /

Over the years, I have received a steady flow of inquiries and complaints about simple interest mortgages (SIMs), and have written several articles explaining how they work and how borrowers should deal with them. In doing this, I always viewed SIMs as the product of outdated practices, which in time would disappear. Only recently have I become ...Read more

The Mortgage Professor: Another look at simple interest mortgages

Consumer / Home and Consumer News /

Over the years, I have received a steady flow of inquiries and complaints about simple interest mortgages (SIMs), and have written several articles explaining how they work and how borrowers should deal with them. In doing this, I always viewed SIMs as the product of outdated practices, which in time would disappear. Only recently have I become ...Read more

3 housing myths, debunked: Poverty, property values, and gentrification

Consumer / Home and Consumer News /

CHICAGO -- Homeownership can come with a hefty supply of emotions, paperwork and financial planning. And as one grows more attached to a residence over the years, feelings often deepen as house becomes home and memories start to accumulate.

So when terms like gentrification, poverty and low-income housing are bandied about in your neighborhood,...Read more

Seattle marks a full year as America's hottest housing market, with no end in sight

Consumer / Home and Consumer News /

SEATTLE -- Seattle is now a full year into its reign as the hottest housing market in the country, an unusually long surge that doesn't look likely to end anytime soon.

Single-family home prices across the metro area grew 13.2 percent in August compared to a year prior, easily the most in the nation and twice the U.S. average, according to the ...Read more

A new social phenomenon in an intense housing market: 'Are you interested in selling?'

Consumer / Home and Consumer News /

Bring me your ghosts and ghouls, your Wonder Women and White Walkers. Bring Pennywise and Eleven, Fake Melania and Harvey Weinstein in a bathrobe.

Nothing this Halloween scared me as much as 'The People Who Want My House.'

Three times in the last few weeks, someone has asked, point-blank and apropos of nothing, if I was interested in selling ...Read more

Here's the best place to survive if there's a nuclear apocalypse

Consumer / Home and Consumer News /

KANSAS CITY, Mo. -- Do escalating tensions with North Korea have you scared of a nuclear apocalypse?

If you're a resident of the Kansas City metro area, you have less to worry about: The city has the best shot at survival out of the 200 largest metro areas in the country, according to Realtor.com.

The site analyzed home and property attributes...Read more

Experts spill secrets for a well-stocked bar cart

Consumer / Home and Consumer News /

Want to throw a proper cocktail party, but don't know where to start?

Proper tools and spirits are musts, and having them in a central location facilitates festivities. Natalie Jacob, a New York City-based beverage and creative consultant, said to start by choosing a bar cart.

"The bar cart should be a reflection of your style," Jacob said, ...Read more