Category: Real Estate and Housing (Residential)

Homeownership Is Out of Reach for Many Americans, Despite a Buyer’s Market

The New York Times – Business:
A growing split between low-to-middle-income families and wealthy households is changing who has access to homeownership now.
Shopping for Teapots

Because a beautiful teapot makes drinking tea even better.
A San Francisco Renovation Inspired by ‘American Gigolo’

When an interior designer and a software engineer set about renovating their new house, they had no idea what it would ultimately involve.
House Hunting in the Virgin Islands: Hillside Splendor for Under $2 Million

After enduring back-to-back crises in recent years, the British Virgin Islands are beginning to see the return of tourists and foreign investors.
4 Takeaways from Supreme Court Hearing on Trump’s Firing of Fed Official

The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
Real Estate Crash Weighs on China’s Economic Growth

Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 percent growth last year.
Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability

Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
The Priest, the Financier and the $10 Millon Townhouse

When a pastor learned his childhood home might undergo a glow-up, he saw his beloved Brooklyn further receding — and took to a different kind of pulpit.
Earnings Fall Short at Bank of America, Citi, JPMorgan and Wells Fargo

This week, Bank of America, Citi, JPMorgan and Wells Fargo released fraught earnings reports as President Trump’s threatened cap on credit card rates loomed large.
As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It

Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
Where Did All the American-Born Roofers Go?

The real story of how immigrant labor came to define the construction industry.
Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs

White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.