News

10 States That Rank the Worst for Public Safety: Report

US Home Prices Have Soared More Than $400,000 Over the Last 50 Years

15 US Cities Where Home Prices Are Declining: Report
EDITOR'S PICKS
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 Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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 Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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 How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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 What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
 - The median sale price of a home in the U.S. is no $420,401, marking a 4.8% increase from last year. Home prices are soaring across the United States despite elevated mortgage rates, leading to concerns of a potential housing bubble. 
 - 10 States Where Buyers Are Required To Pay the Highest Unexpected Homebuying Costs: Report- The unexpected property fees that buyers need to pay when buying a home range from $11,000 to almost $18,000. 
 - Mortgage Rates Will Likely Remain Elevated ‘For the Foreseeable Future’: Expert- Mortgage rates are currently at 7.09% for the 30-year loan and 6.38% for the 15-year term. Mortgage rates are likely to remain elevated for the next few months after the Federal Reserve put a hold on interest rate cuts last week. 
 - Nearly 80% of Americans Believe It’s a Bad Time To Buy a Home Amid High Mortgage Rates: Fannie Mae- Of all Americans surveyed by Fannie Mae, 42% said they expect home prices to increase in the next 12 months. 
 - Martha Stewart Buys 4,600-Square-Foot Apartment in the Upper West Side for $12 Million- The $12 million apartment is located inside The Belnord, which is used as one of the locations in the Hulu series "Only Murders in the Building." 
- Low-Income Homebuyers Have Lost Their Pandemic Progress Due To Elevated Prices and Mortgage Rates: Report- Roughly one in five mortgages issued in 2023 went to low-income homebuyers, down from over 23% of all mortgages issued in 2020. 
 - 10 Cities Requiring the Highest Income To Buy a Home: Report- In all 10 cities, a hopeful homebuyer would need to earn more than $150,000 annually to afford a home. 
 - ‘Worst Landlord’ in NYC Indicted for Harassing Tenants With Unsafe Living Conditions- In one of the landlord's apartment buildings, leaky pipes caused the ceilings to collapse on a young child. 
 - Here’s What May Happen if Mortgage Rates Don’t Fall In 2024- Mortgage rates for the 30-year term were at 7.24% as of Monday. Mortgage rates remain elevated as inflation tops 3%, with the average 30-year mortgage rate now over 7%. 
 - Anne Hathaway’s Home in ‘The Idea of You’ Now Available for Rent- The home keeps the renovations and repaints done by the movie's production team. Anne Hathaway's home in the hit rom-com The Idea of You, streaming on Prime Video, is now available for rent on Airbnb.