"Interesting stat from Freddie Mac. Even with higher rates and sticky prices, first-time homebuyers remain the dominant force in the for-sale housing market, representing 58.2% of all home sales.
This is a deflating stat for the conspiracy theorists who continue to falsely claim that "Wall Street hedge funds" are pushing out first-time homebuyers."
Greater Toronto real estate prices are on the rise but may not be the usual sign of market strength. Toronto Regional Real Estate Board (TRREB) data shows the benchmark, or typical home, price climbed significantly in April. However, it wasn’t due to a tight market. Last month marked one of the...
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Cameron Gordon couldn't afford a rental, so he bought an ambulance to sleep in. He couldn't afford to buy a house, so he bought a vacant lot where he's created a hillside oasis — thanks to a loophole in the municipal code.
A new luxury residential tower in downtown L.A. reflects an unusual disconnect: While office rentals continue to struggle, downtown as a residential center is thriving.
The minimum income required to buy a home now hovers at $116,000 nationwide, according to a new Realtor.com report. This threshold varies greatly based on where you live.
Selling an inherited home as is proved a challenge for this real estate agent, but ultimately the deal closed. Here's how, with some advice for sellers.
John Daly, a 58-year-old upstate landlord, was arrested after police said he tried to get a prospective tenant to pose for nude pics in exchange for a lease on a new apartment.
WHITEHALL – State Police of Granville arrested John E. Daly Jr., 58, of Queensbury, N.Y., for Coercion in the third degree on Nov. 1, a press release from the State
Answer (1 of 16): 1 If the landlord is sexually harrasing your wife get proof. Hidden camera/cell phone, etc. File civil charges with a lawyer, criminal charges for assault with law enforcement. 2 flip side you pay your rent per lease agreement. You can be legally evicted for not paying rent. 3...
James Ernest Maxwell, 49, fronted Sydney's Downing Centre Local Court on Wednesday, where he was charged with hiding cameras in two Pyrmont buildings last year.
An Iowa landlord has agreed never to manage residential dwellings again after engaging in "severe, pervasive, and unwelcome sexual harassment," the DOJ says.
With five million square feet of available space across 47 office towers, downtown Toronto is becoming a tenant’s paradise - and an investor’s potential nightmare
New update by PropertySex with Ember Snow in My Dream Agent! Charles Dera’s been looking for his dream home for two years, and his dedicated agent is finally going to make his dream a reality. Not only has Ember found him the perfect home, today’s the day she’s going to tell him how much she...
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I pay $623 in rent and have a doorman: Everything you thought you knew about affordable housing is wrong
“People … don’t realize that my affordable housing apartment is in a luxury building that has all the amenities that I never dreamed of having, living in midtown Manhattan,” says Muenter. “I have a doorman, elevators, gym, roof terrace, courtyard, even a washer and dryer in my apartment.”
When Merete Muenter tells people that she pays $623 a month for her studio in an affordable housing complex in New York City, many assume the worst.
nypost.com
Merete Muenter, “Even though your name was pulled in the housing lottery, it doesn’t mean that you have automatically gotten an apartment,” says Muenter. “You have to go through a very stringent application process once your name is drawn, and it’s way more involved than just showing a few recent pay stubs.”
I'm kind of stuck in between a rock and a hard place...bought my first home about 6-7 years ago and got a crazy good rate at 2.7 percent but I really would like more space now and want to look for a new home. I'll make a killing on the sale due to home prices skyrocketing almost immediately after I bought my home, but I can't justify the sky high rates right now. I've been waiting for rates to at least hopefully drop to around 5 percent, but who knows when that will happen.
My cousins best friend who is like a lil brother to me did this when he bought his townhome in DC. He was talking about crypto back in 2019 and dude been invested for years.