Thursday, 14 November 2024

Reporter: D. Ong

Study Shows Renting Is Now Cheaper Than Monthly Cost Of Owning A Home In Bay Area

'Here’s Where $1,500 Can Get You the Most and Least Apartment Space in the US: Analysis

The study focused on multifamily properties of 50 or more units in cities with a population of more than 225,000.

Mortgage Rates Affected By Latest Interest Rate Rise

'US Mortgage Rates See Sharp Decline, Lowest Level Recorded in Over a Year

Mortgage rates on a 30-year loan dropped to 6.47% this week, falling from a peak of 7.22% in May this year.

Jim Parson's starter home in Los Feliz

'A Starter Home in the US Now Costs $1 Million in Over 200 Cities: Report

Starter homes are defined as properties in the lowest third of home values in a given region or area.

EDITOR'S PICKS

'Tech Billionaire Scott McNealy Sells His Luxury Bay Area Mansion at Nearly $62M Loss

The mansion sold for only $35 million, nearly 65% below its original asking price of $100 million.

By D. Ong
'Magician David Copperfield Sued for Trashing Manhattan Penthouse, Compromising Building’s Structural Integrity

Photos of Copperfield's unit showed peeling paint, crumbling ceilings, and a rusty bathtub.

By D. Ong
'7 Things You Should Never Keep at Home To Avoid Clutter

Are you looking for ways to keep your home tidy? Here are some things you should consider removing to achieve a clutter-free home.

By D. Ong
'Younger Buyers Are Sacrificing Safety, Access to Healthcare To Afford a Home: Survey

Gen Zers are most likely to trade safety in order to afford a home, the survey found.

By D. Ong
'Airbnb To Expand Beyond Short-Term Rentals, Will Soon Offer ‘Experiences’ and Co-Hosting Services

Airbnb's new plans are part of an effort to sway more travelers from choosing to stay in hotels.

By D. Ong
'More Than Half of Americans Believe Homeownership Will Remain Unattainable Despite Fed Rate Cuts: Report

A recent analysis also found that a September rate cut from the Federal Reserve would unlikely relieve the US housing affordability crisis.

By D. Ong
'Here’s Everything That Will Change for People Buying and Selling Real Estate Properties

Provisions in a settlement agreement between the NAR and home sellers are set to take effect beginning Aug. 17.

By D. Ong
'Real Estate Tips: A Quick Guide To Successful Virtual Staging

Are you looking for ways to attract potential buyers? Here's why you should consider virtual staging.

By D. Ong
'Real Estate Tips: A Comprehensive Guide Into Mortgage Interests and How It Affects Payments

If you're new to the market, here's a comprehensive guide on mortgage interests to help you make informed decisions about your home financing.

By D. Ong
'Biden’s Rent Hike Cap Proposal Faces Pushback From Real Estate Groups

The NAR said Biden's proposed rent hike cap would not work in improving the financial situation of renters.

By D. Ong
'US Housing Market Unlikely to See Much Relief in the Second Half of 2024: Experts

Foreclosure activity in the first half of 2024 has surpassed 177,400 as housing costs continue to soar.

By D. Ong
'Homebuilder Sentiment Falls To Seven-Month Low Amid High Mortgage Rates

Homebuilders sentiment fell to 42 points in July, the lowest level recorded since December 2023.

By D. Ong