News
Blackpink’s Lisa Snaps up Chic Beverly Hills Mansion for $4 Million
Squatters Take over Marco Pierre White’s Shuttered London Restaurant Days After Invading Gordon Ramsay’s Pub
3 Florida Property Insurance Companies Announce Plans To Reduce Rates
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Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
Homes listed during this week earn 18.4% more views than the typical week. Homeowners waiting on the sidelines for the best time to sell their homes are now advised to list their properties on the market as the spring season brings with it potentially bigger bids, research data showed. Real Estate Mogul Voices Concern Over How Americans Will Handle Rising Squatting Issues
The real estate mogul warned that Americans might "take matters into their own hands" in an attempt to resolve squatting. Over 70% of Baby Boomers Have No Plans of Selling Their Homes Anytime Soon: Redfin
A separate survey also found that empty-nest baby boomers own 28% of three-bedroom-plus homes in the US. Cost of Homeowners Insurance Projected To Increase a Further 6% This Year
A 6% increase would place insurance rates at $2,522 by the end of the year. The cost of homeowners insurance is projected to increase a further 6% this year, even as insurance rates are already soaring in some states. New York Could Soon Introduce a Bill To Ease Housing Affordability Crisis
The bill would allow developers to convert vacant office buildings to apartment units and make it more affordable to build new properties. Squatters Take over Gordon Ramsay’s $16M London Pub
The squatters also threatened to sue anyone who attempts to remove them from the property. A group of squatters have taken over a pub in London belonging to celebrity chef Gordon Ramsay. 14 States Where Americans Earning Less Than $75,000 Can Afford a Home: Analysis
That number dropped from 36 states over the last four years amid soaring home prices and mortgage rates. Nearly 40% of Renters in the US Believe Homeownership Is No Longer Possible: Survey
Last year, only 27% of renters said they do not believe they will ever own a home. Nearly 40% of renters in the United States said they believe they will never be able to buy a home amid the country's housing affordability crisis, according to a new survey. Home Sellers in San Francisco Are Losing Over $155,000 on Their Sale: Report
That number is at least four time the national median loss of $39,912. Nearly one in five (17. 8%) of homes that were sold in San Francisco during the three months ending February 29 were sold at a loss of at least $155,500, according to a recent report. Biden Administration Mulls Reducing Closing Costs Amid Housing Affordability Crisis
The measure could provide relief to home buyers struggling to purchase homes due to rising closing costs and home prices.