Tag: real estate

Montana may be the future for older or retired homeowners elsewhere

https://apple.news/AoiREkcyWSdqPzet6lF4FFA Older, retired homeowners struggling to pay rising insurance and taxes Eliza Relman for Business InsiderJul 10, 2024 | 5:56 AM ET Owning a home doesn't guarantee financial security in retirement — even when home values have skyrocketed, as they have in communities across the country over the past few years. This is particularly apparent … Continue reading Montana may be the future for older or retired homeowners elsewhere →

Banks finally realizing what climate change will do to housing

http://www.wired.com/story/banks-are-finally-realizing-what-climate-change-will-do-to-housing/ SCIENCE JUN 17, 2024 6:30 AM Banks Are Finally Realizing What Climate Change Will Do to Housing Extreme weather threatens the investment value of many properties, but financing for climate mitigation efforts are only just getting going. Rising sea levels, biodiversity collapse, extreme weather—these are the grisly horsemen of climate apocalypse. But don’t forget … Continue reading Banks finally realizing what climate change will do to housing →

Can turning office towers into apartments save downtowns?

http://www.newyorker.com/magazine/2024/05/06/can-turning-office-towers-into-apartments-save-downtowns Can Turning Office Towers Into Apartments Save Downtowns? Nathan Berman has helped rescue Manhattan’s financial district from a “doom loop” by carving attractive living spaces from hulking buildings that once housed fields of cubicles. By D. T. Max April 29, 2024 Berman, through his firm, Metro Loft Management, has added some five thousand units to … Continue reading Can turning office towers into apartments save downtowns? →

How does Paris stay Paris? By pouring billions into public housing

http://www.nytimes.com/2024/03/17/realestate/paris-france-housing-costs.html How Does Paris Stay Paris? By Pouring Billions Into Public Housing One quarter of residents in the French capital live in government-owned housing, part of an aggressive plan to keep lower-income Parisians — and their businesses — in the city. Even on a gray winter’s day, the Eiffel Tower stands out from the balcony … Continue reading How does Paris stay Paris? By pouring billions into public housing →

Housing market in Austin TX cools

https://apple.news/AbkRAi386Q56KS4nRV2_tng [click thru for photos and charts] PROPERTY REPORT Once America’s Hottest Housing Market, Austin Is Running in Reverse Home prices have fallen more than anywhere in the U.S. Follow the WSJ in Apple News The Sunbelt city that came to symbolize the pandemic housing boom is now leading a national property cool-down. Home prices … Continue reading Housing market in Austin TX cools →

Rules for buying and selling real estate changing in a major way

http://www.wsj.com/real-estate/realtors-settlement-change-buy-sell-homes-da45eb23? Realtors Reach Settlement That Will Change How Americans Buy and Sell Homes Groundbreaking $418 million legal agreement could drive down commission rates and shrink the number of real-estate agents By Laura Kusisto and Nicole Friedman Updated March 15, 2024 4:36 pm ET The Realtors’ agreement will make it easier for home buyers to negotiate fees with agents. PHOTO: M. … Continue reading Rules for buying and selling real estate changing in a major way →

Off the book roommates have rights in NYC

http://www.nytimes.com/2024/02/24/realestate/how-do-i-evict-my-roommates.html How Do I Evict My Roommates? Even if your rental arrangement is off the books, tenants have legal rights that you need to consider. Credit...Nadia Pillon By Jill Terreri Ramos Feb. 24, 2024 Q: I lease a three-bedroom market-rate apartment in Brooklyn. I rent out two of the bedrooms, but the situation with my roommates … Continue reading Off the book roommates have rights in NYC →

Home sales lowest in almost 30 years during 2023

http://www.wsj.com/economy/housing/home-sales-likely-fell-to-15-year-low-in-2023-3da220e1? Home Sales Were the Lowest in Almost 30 Years in 2023 High mortgage rates, prices made home buying prohibitively expensive for many last year By Nicole Friedman Updated Jan. 19, 2024 2:59 pm ET Home-shopping activity has started to tick up, real-estate agents say. PHOTO: JIM LO SCALZO/SHUTTERSTOCK Home sales last year dropped to the lowest level … Continue reading Home sales lowest in almost 30 years during 2023 →