Thursday, 30 January 2025

D. Ong

Some Celebrity Mansions Are Now Under Evacuation Orders as Franklin Wildfire Spreads in Malibu

It is unclear what caused the Franklin Fire. It is 0% contained, as of writing.
US Developers Building Housing in Abandoned Shopping Malls To Address Shortage in the Market

As of June, the US is short at least 4.5 million homes, which reflects a growing housing deficit from previous years.
Suspect in UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew up in This $800K Home

The alleged shooter comes from a prominent real estate family in Maryland that owns the Turf Valley Resort and Hayfield Country Club.
NYC Leader Pushed for Lucrative Real Estate Deals Despite Losing Bids: Report

Hamilton was accused of steering a lease to a property owned by an individual who raised donations for a trust paying the lawyers representing Mayor Eric Adams.
Most Vulnerable Housing Markets Facing High Risk of Declines Due to Home Affordability

The most vulnerable housing markets were found in clusters in Chicago, New York City, and inland California.
7 US Metro Areas Where Home Prices Are Expected To Soar in 2025

Home buyers are expected to return to the market next year, which could bring up home prices in some metro areas. Here are where prices are expected to increase the most.
Why You Should and Should Not Buy a Home in a Community With HOA Fees

Here are some things you should know before buying a home in a community that has HOA fees.
Here's What Experts Predict Could Happen to the US Housing Market in 2025

Experts predict that this is what could happen to the US housing market in 2025.
Mortgage Rates Fall to 6.69%. Here's How Much Your Payments Will Be at This Rate.

This week's mortgage rate dropped by 0.12% from last week's rate of 6.81% for the 30-year fixed-term mortgage loan.
Here's What Experts Believe Could Happen to Mortgage Rates in December 2024

The average contract rate for the 30-year fixed-rate mortgage moved down to 6.81% in the week ending Nov. 27.
5 Best 2024 Holiday Decor Finds Under $55

Christmas decorations do not have to be expensive. Here are five great holiday decor finds below $55.
7 Things Your Community Homeowners Association Can't Stop You From Doing

While HOAs are strict about how your home should look, there are some things they cannot stop you from doing. Here's a list.
Mortgage Applications Jump 12% After Rates Fell for the First Time in Two Months: Report

The average contract rate for the 30-year mortgage fell to 6.86% this week.
5 Old-School Home Features That Could Make a Comeback in 2025

Are you planning on redesigning your home? You might want to consider these old-school features.
New Home Sales Crash to 2-Year Low Amid Rising Mortgage Rates, Elevated Home Prices

The number of new home sales fell by 17.3% in October at a seasonally adjusted rate---the lowest level recorded since December 2022.
Mortgage Rates Inches Down to 6.81%. Here's How Much You Need To Buy a Median-Priced Home With That Rate

Mortgage rates inched down by 0.03% for the 30-year fixed-term loan. The contract rate for the 15-year term climbed in the same week.
A Look Inside Joe Regan's $14.4m Texas Mansion Where He Records His Controversial Podcasts

Rogan, 57, bought the mansion for $14.4 million and moved in during the COVID-19 pandemic largely due to California's strict restrictions.
5 Best Early Black Friday Deals to Shop Today

Are you looking for the best Black Friday deals for your home? Check these out!
Where Are Rents Falling in New York City?

As of October, the median asking rent for all rental properties in NYC was $3,374. That is 2% lower than in September.
6 Biggest Home Design Trends in 2024 That Will Still Be Relevant in 2025

If you're looking for design inspirations for next year, here are the top six trends that will remain relevant and timeless.
Diddy Finally Finds Interested Buyer for His Raided LA Mansion - But Only for Half the Asking Price

Diddy has received an offer for his $61 million, 17,000-square-foot LA mansion. The buyer, however, is only offering $30 million for the property.
1 in 5 Renters in the US Say All Their Regular Income Goes Directly To Paying Rent, Survey Finds

To afford their rent payments, 20% of survey respondents said they had to work a second job and 19% said they worked a job they hated.
What Could US Homebuyers Expect in the Next Two Years?

Experts say mortgage rates and home prices are unlikely to go down in the next two years despite hopes that buyers could come back to a more affordable market in 2025.
4 Home Design Trends for 2025, According to Zillow's Forecast

Are you looking for home design ideas in 2025? Here are some styles that are forecasted to trend next year.
5 Mistakes To Avoid When Handling Deceased Family Members’ Estates

Handling a deceased loved one's estate can be a challenging task. Here are some pitfalls to avoid.
Half of US Homeowners Under 50 Feel Trapped in Their Homes Due to Mortgage Rates, Survey Finds

The contract rate for the 30-year fixed mortgage is currently at 6.78%, which is significantly higher than rates recorded pre-pandemic.
Ken Griffin Sells Chicago Penthouse He Bought for $34M at a 44% Loss

Ken Griffin offloaded the top two floors of his penthouse at the No. 9 Walton condo tower in Chicago at nearly a 50% loss.
How Can Trump’s Mass Deportation Plan Affect the US Housing Market?

Donald Trump promised to hold the "largest deportation of criminals" in America's history on his campaign trail.
NYC Landlords Now Banned From Forcing Tenants To Pay Thousands of Dollars in Real Estate Broker Fees

The City Council passed the bill with a veto-proof majority of 42-8. Landlords in New York City are no longer allowed to force their tenants to shoulder thousands of dollars in real estate broker fees in a new legislation passed Wednesday.
A Look Inside Diddy’s $61.5M Beverly Hills Mansion Raided by Homeland Security

The property is currently failing to find a buyer due to the allegations surrounding Diddy. Amid ongoing legal battles, Sean "Diddy" Combs has put his Holmby Hills mansion in Beverly Hills up for sale for $61.

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