The city has not completed a single office-to-housing conversion, despite hopes to meet housing demand and inject life into empty downtowns.
Category: Real Estate and Housing (Residential)
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San Francisco Is Still Pushing to Turn Offices Into Homes
The New York Times – Business: -
Highest Mortgage Rates in 3 Years Chills the Housing Market
The New York Times – Business:The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
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Trump Administration Investigates Wells Fargo for Race-Based Lending
The New York Times – Business:The federal housing agency says the bank’s efforts to encourage Black homeownership amount to discrimination.
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As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs
The New York Times – Business:The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
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Could Homeownership Reverse the Decline in Birthrates?
The New York Times – Business:Researchers looked back at the baby-boom era and found that federal mortgage programs played a part in the country’s population upswing after World War II.
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Here’s Your New House. It Comes With Friends.
The New York Times – Business:Fresh pies. Book groups. Puzzle challenges. Developers of master-planned communities see fear of social isolation and desire for friends as a business opportunity. Welcome to Amity Lane.
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Here’s Your New House. It Comes With Friends.
The New York Times – Business:Fresh pies. Book groups. Puzzle challenges. Developers of master-planned communities see fear of social isolation and desire for friends as a business opportunity. Welcome to Amity Lane.
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Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market
The New York Times – Business:The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
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Inflation Complicates Trump’s Midterms Pitch to Voters
The New York Times – Business:Gas prices are high, mortgage rates are climbing and inflation remains well above target, complicating the president’s midterm appeal.
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CCRCs Are Expanding Retirement Home Care to Seniors’ Own Homes
The New York Times – Business:Continuing care retirement communities are widening their scope to help retirees age in place, with measured supports and a way to cap the soaring costs of aging.
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The Pros and Cons of Paying Off Your Mortgage Early
The New York Times – Business:Homeowners who make extra payments can save thousands of dollars in interest. But, financial experts say, paying down other debt, with higher interest rates, may be a better option.