Tag Archives: Real Estate and Housing (Residential)

Monte Anderson opened a broom closet in his kitchen and pointed to a door handle near a mop and a trash can. Somewhere on the other side lay one small solution to America’s affordable housing crisis. Mr. Anderson is a developer who rehabs commercial and residential buildings in and around Dallas, including the ranch-style house where he lives, for now, …

America is more prosperous than ever. U.S. household net worth reached a new peak at the end of 2024. The unemployment rate has levitated just above record lows for three years. The overall debt that households are carrying compared with the assets they own is also near a record low. But even a land of plenty has its shortcomings, influencing …

Last year, when Andre Rouhani and Gabriela Reyes toured Culdesac Tempe, a rental development outside of Phoenix, the place looked pretty sweet. It had winsome walkways, boutique shops and low-slung white stucco buildings clustered around shaded courtyards. The only surprise came when Mr. Rouhani, 33, a doctoral student at Arizona State University, asked about resident parking and was told there …

The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to borrow are likely to have to wait a bit longer for better deals on many loans, but savers will benefit from steadier yields on savings accounts. Economists …

“Paradise” is a TV show on Hulu about a postapocalyptic society that lives underground in a suburb. “Silo” is a TV show on Apple TV+ about a postapocalyptic society that lives underground in an apartment tower. Both are propelled by mysteries. Both feature curious heroes. Both have shifty leaders who lie, blackmail and murder to keep their secrets hidden and …

Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17 years, but a long-dormant idea of making them private businesses is starting to make the rounds in Washington again. Scott Turner, the secretary of Housing and Urban Development, said in an interview this week that coordinating the effort to privatize …

Fire and wind are certain to shape the future of Los Angeles as the world warms. Los Angeles had started taking steps to prepare. But there are lessons it can learn from other cities adapting to extreme fire weather: managing yards; taking care of neighbors; making it easier to get out of harm’s way. One big challenge, among many, is …

High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of a thaw. Americans bought just over four million previously owned homes last year, the National Association of Realtors said on Friday. That was the fewest since 1995 and far below the annual pace …

Three years ago, when Bob and Sandy Curtis moved into an upscale continuing care retirement community in Port Washington, N.Y., he thought they had found the best possible elder care solution. In exchange for a steep entrance fee — about $840,000, funded by the sale of the Long Island house they had owned for nearly 50 years — they would …