The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.
Category: Real Estate and Housing (Residential)
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Loving an ‘Untouched’ Modernist House, and Then Getting Down to Work
A couple bought a home in Palo Alto, Calif., that was designed by an associate of Frank Lloyd Wright. Happily, they were also smitten with the two-year renovation.
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A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses
Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.
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When the Retirement Community Goes Bankrupt
It doesn’t happen often. But when it does, some residents risk losing everything.
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How to Come Up With a Down Payment on a House
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance programs in all 50 states.
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30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.
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Meet Japan’s Original Decluttering Guru (No, Not That One)
Before Marie Kondo stormed into the global consciousness, Hideko Yamashita taught Japan the art of creating tidier spaces.
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Why Cities Are Getting Rid of Decades-Old Parking Rules
Hundreds of cities have cut back parking requirements for real estate projects. That’s led to more housing development, but it has also resulted in backlash from residents.
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Bucks County, Pa., Is Now a Celebrity Hot Spot
First came the Hadids. Then Bradley Cooper. Now, with luxury inns going up, the area around New Hope, Pa., has become a rival to the Hamptons.
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How Bucks County, Pa., Became a Celebrity Hot Spot
First came the Hadids. Then Bradley Cooper. Now, with luxury inns going up, the area around New Hope, Pa., has become a rival to the Hamptons.
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Los Angeles Wildfires Will Make a Serious Housing Shortage Worse
With so many people displaced and looking for rentals, the region’s housing options could grow even scarcer and more expensive.
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30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.