Real estate
These are the 10 states where renters are most behind on payments — and high-cost California didn’t make the list
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households, […]
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Apartment demand unexpectedly fell during its busiest season, according to a new report
The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time the rental technology platform has recorded a third-quarter drop in the 30 years it’s been tracking the metric. Demand fell by more than 82,000 units nationally, according to the report. […]
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A $150 million beach home for sale would be the Hamptons’ priciest ever — if it can find a buyer
An oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The compound, called La Dune, is likely to be used as a summer home and draws from a tiny pool of buyers, probably billionaires, who could afford […]
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Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand
A sign points toward an Open House in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage […]
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High mortgage rates, tight supply and economic uncertainty: Here’s what’s happening with home prices
Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing more expensive for anyone needing […]
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Home finance loan mayhem sparks fears of a housing market place crash in Britain
U.K. mortgage prices have skyrocketed because Finance Minister Kwasi Kwarteng’s mini-price range on Sept. 23, prompting banks to pull house loan merchandise threatening a deepen an predicted housing industry downturn. Dan Kitwood | Getty Illustrations or photos LONDON — There are rising fears of a housing industry crash in the U.K., just after a swathe […]
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The United kingdom assets marketplace could be about crack. Here is how to trade the sector, analyst states
The U.K.’s house market has been thrown into turmoil after political turmoil saw borrowing fees in the place soar. Earlier this month, expansive tax cuts announced by U.K. Finance Minister Kwasi Kwarteng despatched fascination premiums on U.K. authorities bonds to their maximum ranges in about a ten years. This noticed British home stocks develop into […]
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Damages in Florida from Hurricane Ian could total $47 billion. Here’s how to protect your personal finances from natural disasters
Tap emergency resources Reach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, as well as state and local governments, for emergency assistance. You may also find help in your community. “Disasters bring people together,” McClanahan said. “People are really good at helping people. “If you have the […]
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Denver’s most expensive home lists for $28.9 million and features a stunning charred wood treatment
A multi-tiered sundeck connects the main house on the right to a poolside structure on the left both overlook a 75-foot lap pool. Nate Polta A modern residence just outside of Denver listed Monday for $28,888,888, which makes it the most expensive home for sale in the metro area. According to co-listing agent Jared Blank, […]
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American homebuyers are finding UK bargains, discounted by a weaker pound
Street in Chelsea district, London Alexander Spatari | Moment | Getty Images American homebuyers are searching for bargains in the U.K., as a weaker pound contributes to double-digit price cuts. The fall in the British currency over the past year, down 17.5% against the U.S. dollar so far in 2022, has made U.K. real estate […]
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