Efforts to pull together more funding for the ship, stuck in Cambodia, appear to have faltered, leaving its passengers unsure about what to do next.
Category: Real Estate and Housing (Residential)
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Odyssey ‘Endless Cruise’ Ship Stranded in Cambodia May Be Headed for Auction Block
The New York Times – Travel: -
A Punishing Housing Market Is Squeezing Renters
The New York Times – Business:Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.
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Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas
The New York Times – Business:The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.
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When Do Rules on Historic Preservation Go Too Far?
The New York Times – Business:Saratoga Springs, N.Y., stands out for its preservation efforts. But some say strict designs have become a burden for residents.
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Mortgage Rates Hover at 7.4%, Highest Since 2023
The New York Times – Business:The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
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Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
The New York Times – Business:Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
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California’s Proposition 45 Brings the Sprawl Debate Back
The New York Times – Business:Among the measures up for a vote in November is one that would amend the state’s landmark environmental law and make it easier to build large housing developments outside cities.
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San Francisco Is Still Pushing to Turn Offices Into Homes
The New York Times – Business:The city has not completed a single office-to-housing conversion, despite hopes to meet housing demand and inject life into empty downtowns.
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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.