The R.V.s are seen as an eyesore — the most visible sign of the state’s homelessness crisis. Neighbors and politicians want them gone. The people who call them home feel under siege.
Category: Real Estate and Housing (Residential)
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An Option That Can Help Cut Housing Prices Catches On
Preapproved plans trim weeks or months off the process of getting a building permit. “Every month of delay adds costs that ultimately land on the buyer,” one housing expert said.
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Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began
The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending.
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China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
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First-Time Home Buyers Are Staying on the Sidelines as Costs Rise
The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters.
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Retirees Expect Their Home to Be a Financial Safety Net. They Shouldn’t.
Older homeowners often don’t see the value of, or can’t afford to, maintain and renovate their homes of many years. And that can mean thousands lost when they sell.
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The Return for These Investors Isn’t Money, It’s More Affordable Housing
Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
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A 22,000-Home Community Is Being Built in a 5,000-Person Town
Chatham Park, a master-planned community in Pittsboro, N.C., is expected to expand the town to 60,000 people when completed.
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Congress May Finally Recognize That Mobile Homes Aren’t Really That Mobile
An obscure federal rule requires manufactured homes to be built on a chassis, making them more costly. A bill in Congress would remove the mandate, enacted five decades ago.
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You Have Some Options for Dealing With Rising Property Taxes
The average bill rose 3 percent last year, in part because of higher tax rates. There are ways to try to reduce what you owe, experts say.
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China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
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America’s Furniture Stores Struggle to Survive a Frozen Housing Market
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.