Real estate
Why Californians are fleeing to Mexico
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In 2021, more than 360,000 people left California in what many are calling the “California Exodus” as residents move to states like Texas, Arizona and Washington. But a rising number of them are migrating out of the country and instead, heading south […]
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Big landlords jump into the homebuilding business as demand for single-family rentals surges
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to […]
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Here’s how to fight a higher-than-expected property tax bill
Momo Productions | Digitalvision | Getty Images If the value of your home ballooned during the Covid pandemic, you may receive an inflated property tax assessment in the mail. There are ways, however, to combat a higher bill, experts say. Despite double-digit growth in single-family home prices, property taxes only increased by 1.8% in 2021, […]
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Trump and his kids, Don Jr. and Ivanka, set to testify in New York attorney general investigation starting July 15
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty […]
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Mortgage demand falls to the lowest level in 22 years, amid rising rates and slowing home sales
Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York. Newsday LLC | Newsday | Getty Images Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage […]
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‘Yellowstone’ boom pits lifetime Montana residents against wealthy newcomers
“Yellowstone” has become one of the hottest shows streaming. Filmed on location in the West, much of it in Montana, the scripted drama tells the story of a modern day ranch owner John Dutton, played by Kevin Costner, and his family dynasty. The storyline is deliciously captivating, with back-stabbing and family intrigue, high stakes power […]
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Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices […]
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How companies are shifting their office spend to lure reluctant workers back
As companies and workers continue to try to figure out where and how work will take place in a hybrid environment, the costs being spent on existing office spaces previously built around the 9-to-5, five-day workweek are being closely examined. Flexibility has become the buzzword for both sides of the employee-employer power dynamic. Workers have […]
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How China’s Shein became more valuable than H&M and Zara combined
Shein is a Chinese fashion e-commerce company that’s outperforming many of its competitors. Its reported valuation in April 2022 was $100 billion – more than H&M and Zara combined. Chinese e-commerce company Shein took the top spot as the most downloaded app in the United States in May, according to a report from intelligence firm Marketplace […]
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Mortgage rates rise sharply after three weeks of easing
A “For Sale” sign outside a house in Crockett, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose sharply this week, after pulling back over the last three weeks. The 30-year fixed hit 5.36% Monday and then moved higher again Tuesday to 5.47%, according to Mortgage News […]
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