Oil has brought great wealth and the nation’s lowest unemployment rate to North Dakota. Soaring homelessness, crime, and …
Real Estate Markets
Your Homeowner’s Insurance Is Soaring Thanks to Hail From 5 Years Ago
Brutal storms—including some that hit quite a few years ago—are causing rates on homeowner’s and flood insurance policies to skyrocket.
Guess Where the Middle Class Can’t Afford to Live Now
We’ve come to expect this sort of thing in places like San Francisco. But … Detroit?
Why Mortgages Will Soon Be More Expensive
Homebuyers are in a sudden headwind of rising home prices, mortgage rates and lending limits.
Milk, Smokes and Beer Are Shutdown Casualties
The federal shutdown has undeniably damaged the local economy in Washington, D.C., as well as regions where national parks are the lifeblood for local businesses. But—even as the ordeal appears to be winding down—it may have …
China Property Prices Surge in August
New home prices in China rise to highest levels this year to test government cooling measures
Upscale Armageddon: Sales of Swanky Underground Doomsday Homes Continue
“Buy now! Before it’s too late!” Many salespeople use some variation of this pitch to get buyers to bite. But this sales spiel takes on heightened new meaning when the item being hawked is a home built for riding out the apocalypse.
Good Jobs, Lots of Dollar Stores: The U.S.’s Best Cities for Cheapskates
Which American cities are best for folks who prefer to keep tight hold of their money? Don’t go looking anywhere along the coasts.
New Record Home Prices in Dallas, Denver
Although imperfect, the S&P/Case-Shiller Home Price Index is fairly closely watched as a guide to housing prices across the U.S. For the past few months, the index has been rising, so it’s not entirely surprising that the numbers released today show yet another jump — of 1.0%, on a seasonally adjusted basis, reflecting May …
Supersizing Strikes Back: Homes and TVs Get Bigger, Sales of Yachts, RVs, Trucks Rise
After years of downsizing and making do, American consumers are going big once again.
Housing Prices Show Biggest Jump in 7 Years — but Here Come Rising Interest Rates!
If you can’t stand the heat, stay out of the real estate market.
U.S. single-family home prices, as measured by the S&P/Case-Shiller Home Price Index, jumped 12.1% in April from the previous year. This is the fastest increase since 2006 for the 20-city index, which still shows home prices about a quarter off the highs of the real …
What Retirement Crisis? Retirees Say They’re Doing Just Fine, Thank You Very Much
The common narrative is that low yields are crushing retirees’ income and lifestyle. Why do so many report having all the money they need? Here are five reasons