Home Construction Drops as Builders Confront Higher Mortgage Rates
Construction of new single-family homes faced a reversal in September following a brief August rebound, the U.S. Census Bureau reported Tuesday. Single-family housing starts fell last month to a seasonally adjusted annual rate of 859,000, down 4.6% from August's 900,000, which has been revised down
EXCLUSIVE: Dolly Parton’s Former West Hollywood Retreat Pulled From Rental Market
Dolly Parton's former West Hollywood property has been taken off the market, having previously been listed for $12,000 a month. Parton, who passed away Aug. 25, purchased the two-bedroom, two-bathroom property in 2007 for $1.2 million; however, it is not thought to have ever served as her primary re
Why You Can’t Take Your Low Mortgage Rate to a New Home
With mortgage rates on a brutal climb, Congress has once again brought up the idea of creating portable mortgages. The idea might sound good, but it could have huge implications for the U.S. housing market and would be more difficult to implement than it may seem. A portable mortgage would allow you
America’s Landlords Are Aging. Will Their Heirs Take On the Job?
America’s landlords are getting older, setting up a generational handoff that could reshape how millions of rentals are owned and operated. About 11.2 million U.S. rental properties are owned by individual investors. Among them, roughly 6.9 million—62%—are managed by the owner or an unpaid family me
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