Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
Category: Renting and Leasing (Real Estate)
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Westfield Gives Up San Francisco Mall, Signaling More Pain Ahead
Retailers have been fleeing the city’s downtown, and some analysts say there may be more to come. It’s an issue facing various downtowns around the United States.
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WeWork Faces More Turmoil After Its CEO Departs
The company’s top boss, a real estate industry veteran, abruptly left in May after growing frustrated with SoftBank, its largest shareholder and lender.
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I Won $50,000 From a Scratch-Off Lottery Ticket and Bought a House
Sydney Bean was young, broke and tolerating a bad roommate to make ends meet. Then she won the lottery.
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Once an Evangelist for Airbnbs, She Now Crusades for Affordable Housing
Precious Price ditched her profitable business of renting home stays to tourists to combat the mounting housing crisis.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
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Buying or Selling a Home? Welcome to the Year of Disappointment
After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
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Inflation Is Slowing, Good News for American Consumers and the Fed
The New York Times – Business:Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Inflation slowed last month thanks to cheaper fuel and airfares.
The New York Times – Business:The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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What Would It Take to Turn More Offices Into Housing?
The New York Times – Business:Vast amounts of empty real estate are a crisis for building owners. But some politicians and business leaders hope they can be converted into something new — and transform downtown neighborhoods.
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Getting Creative With Vacant Office Space: Storage, Gym, Film Set
The New York Times – Business:Some landlords are skipping residential conversion and instead seeking alternatives that are cheaper and easier to manage.