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A $2.3 million home listing in Nantucket slashed its price by a whopping 74% after its shoreline experienced drastic erosion in just a few weeks

aol.com Major cities are not alone in feeling the effects of climate change. Small vacation towns are starting to get the brunt of sea-level rise—as evidenced by one home listing in…

Here's how much you have to make to afford a starter home in the U.S

aol.com Americans must earn at least $76,000 a year to afford a basic home in the U.S., a sharp increase from the recommended income to become a homeowner before the pandemic,…

A $2.3 million home listing in Nantucket just slashed its price by a whopping 74% after its shoreline eroded drastically in just a few weeks

fortune.com Major cities are not alone in feeling the effects of climate change. Small vacation towns are starting to get the brunt of sea-level rise—as evidenced by one home listing in…

Chief of job-search portal Indeed wants to be 'world’s most powerless CEO'

financialpost.com Hisayuki “Deko” Idekoba, chief executive of the company behind top job-search engine Indeed.com, doesn’t seem to place much significance on his own position. We apologize,…

Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

aol.com None US income earners must make $75,849 to afford a starter home, Redfin reported. • None That's an 87% jump from the how much a buyer needed to earn pre-COVID, in 2020. •…

In Florida's housing market, insurance-free homes become big selling point

newsweek.com A significant number of Florida's homeowners and agents trying to offload their properties are trying to attract buyers with the promise of not having to pay for flood…

Most Diverse Neighborhoods in the Midwest

247wallst.com Diversity in the Midwest, like in most of the country, has different root causes, including the Great Migration of 1910 to 1970. At the time, Black Americans moved in droves…

This Houston man is stuck paying $6K/year in HOA fees for a condo complex in total ‘disrepair’

aol.com John Seckar can’t even hear the words “homeowners association (HOA)” without it sounding like a “cuss word” to him. The Houston man pays over $6,000 a year ($550 a month) in…

The ‘Echo Housing Boom’ is here

fastcompany.com Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. Last week, Wyoming Gov. Mark Gordon signed four bills that…

Squatters took over a Beverly Hills mansion worth millions for 5 months

businessinsider.com Squatters threw parties in a house they occupied in Beverly Hills, California, for five months this winter. Haojun Li/Getty Images Squatters infiltrated a posh Los Angeles…

New Rule Change Could Be 'Worst Thing Ever' for Realtors And Great News For Homebuyers, With This Real Estate Stock Seen As A 'Beneficiary'

finance.yahoo.com In a recent settlement, the National Association of Realtors agreed to change its rule so that anyone who lists a home for sale on any of its databases can no longer offer…

Adding features, such as an outdoor TV or pizza oven, can help sell your home for over $10,000 more, research finds

cnbc.com If your home boasts certain trendy outdoor features, you may be able to sell it for more in today's market. At the top of the list is outdoor TVs, which may help raise the…

Looking to buy or sell a home this spring? Here's what to expect

latimes.com Prospective home buyers might see slightly more homes for sale this spring. Spring is less than a month away, and with it typically comes a busy time to buy and sell a home…

Tinder-owner Match Group names new board directors after Elliott push

aol.com Tinder-owner Match Group named Instacart executive Laura Jones and Zillow co-founder Spencer Rascoff to its board on Monday, after talks with activist investor Elliott…

Federal Reserve won't cut interest rates this year, Apollo's Torsten Slok says

financialpost.com Torsten Slok is one of Wall Street’s most closely followed economists. After earning his PhD, he has worked for the International Monetary Fund, the Organization for…

Match Group Appoints Laura Jones and Spencer Rascoff to Board of Directors

benzinga.com DALLAS, March 25, 2024 /PRNewswire/ -- Match Group MTCH ("Match" or the "Company") announced today that it has appointed Laura Jones and Spencer Rascoff to the Company's…

This couple was priced out of Seattle’s housing market, so they bought a farmhouse in Japan for $30K instead

finance.yahoo.com Leika and Brandon Hansen purchased a 100-year-old Kominka-style farmhouse with swathes of rice fields in Japan’s countryside last year. “We have stable jobs and we're trying…

Realtor commission change delivers a boon to homebuilders, a blow to real estate platforms

finance.yahoo.com A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners. This week, Compass (COMP) agreed to pay…

Why buying a home isn't likely to get much cheaper even under Biden's housing plan

aol.com None Biden has a plan to make housing more affordable, but prices might be stuck in the stratosphere. • None Biden's proposals may not be enough to tackle the housing…

Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers

nbcnews.com Create your free profile or log in to save this article Create your free profile or log in to save this article The process of buying a home has seemingly never been…

US housing market faces biggest shakeup in years

theguardian.com A major shift in how Americans buy homes could come this summer after a powerful real estate group settled an antitrust lawsuit, agreeing to change a rule that dictates how…

Real-estate agents are going extinct just like travel agents did, award-winning professor says. ‘You just don’t need’ them anymore because of the internet

fortune.com Last week, the National Association of Realtors, one of the country’s largest industry associations, reached a groundbreaking $418 million settlement over an alleged…

3 tips for homebuyers to navigate the new era of commissions

aol.com Homebuyers suddenly face uncharted territory in the wake of a Realtor settlement that dismantles the way agent commissions are paid. On one hand, buyers could face more…

‘It’s easy to live here’: This couple was priced out of Seattle’s housing market, so they bought a century-old farmhouse in Japan for $30K. Here are their 3…

aol.com Leika and Brandon Hansen purchased a 100-year-old Kominka-style farmhouse with swathes of rice fields in Japan’s countryside last year. “We have stable jobs and we're trying…

Reduced interest rates affect mortgage costs

aol.com Rates on 30-year fixed-rate mortgages averaged 6.74% the week of March 14, 2023, according to Freddie Mac. The mark represents a 1.29% drop from the rate's 23-year high of…

Could a major lawsuit against realtors mean lower home prices?

vox.com Are home prices about to fall? That’s the question many of us are asking after the National Association of Realtors, the trade group representing the industry, agreed to…

Young Money: 3 Stocks Perfect for Millennial and Gen-Z Investors

investorplace.com These three stocks should soar as younger consumers make up a larger part of the economy going forward Demographics are an underappreciated theme in investing. Over time, as…

Best and worst metro areas for first-time homebuyers in 2024

aol.com The past few years have been one of the worst periods for first-time homebuyers in America's history. Record home prices, chronically low inventory, 22-year-high mortgage…

There's 1 benefit that would entice people to sacrifice remote work, a survey found

businessinsider.com Some companies may need to get more creative to entice employees back to the office. Getty Housing benefits can lure employees back to the office and attract new talent.…

How DOJ paved the way for the NAR home-selling settlement

axios.com For decades, the Department of Justice pushed for more competition in the real estate market — now the agency might be getting its way. Why it matters: Pressure from the…

'People are not doing OK': Suze Orman says despite strong stock market and low unemployment rate, Americans are struggling with their 'individual economy'

aol.com Suze Orman isn’t so sure it’s all sunshine and rainbows for the American people despite a steady job market and seemingly robust economy. “It seems like we’re doing…

The frugal life of Warren Buffett: How the billionaire spends his fortune, from McDonald's breakfasts to a rare and 'indefensible' splurge

finance.yahoo.com The frugal life of Warren Buffett: How the billionaire spends his fortune, from McDonald's breakfasts to a rare and 'indefensible' splurge • None Berkshire Hathaway CEO and…

Shifting power in real estate commissions

entrepreneur.com Thanks to a recent court settlement, the real estate industry is teetering on the edge of a significant transformation. This change is poised to revolutionize how real…

Most Diverse Neighborhoods On the West Coast

247wallst.com The third most populous country, the United States is also one of the more ethnically and racially diverse countries in the world. Of course, not all parts are as equally…

US families need to earn a staggering 80% more than they did in 2020 to 'comfortably afford' a home nowadays

aol.com Homebuyers today need to bring in over six figures a year to “comfortably afford” a home in America — an 80% jump from just four years ago. A new Zillow report found the…

3 Real Estate Stocks to Buy on Commission Cuts

marketbeat.com You may be among the millions of Americans celebrating the National Association of Realtors (NAR) decision to repeal the old real estate transaction business model. The 6%…

Why Zillow Is Worried About the U.S.'s Housing Mkt Shakeup

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

20 best cities for retired renters on budgets

aol.com Whether they’re selling a house and downsizing or jumping from one lease to another, seniors on budgets who plan to rent their retirement homes have to choose their cities…

Tiny Home Community in Georgia Sells Out in 2 Months: Photos

entrepreneur.com The community's demographics range from ages 25 to 65, with incomes ranging from $50,000 to millionaires. Booker Washington dreamed of building a community where everyday…

Home prices have risen more than double the pace of inflation since the 1960s

aol.com None Home prices have risen at 2.4 times the pace of inflation since the 1960s, a study from Clever Real Estate found. • None Should the trend continue, the median home…

Why Zillow is worried about America’s housing market shakeup

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

The way Americans buy and sell homes is about to get turned on its head

cnn.com The way Americans buy and sell homes is about to get turned on its head. An earth-shattering, multibillion-dollar antitrust ruling against the National Association of…

The housing gender gap: Why women still face roadblocks in buying homes and building home equity

aol.com None Though they buy homes in greater numbers, single women lag behind men when it comes to building home equity and wealth. • None Women wait longer to purchase, pay more…

Traders May Enjoy ‘Double Duty’ With Zillow (Z) Options

barchart.com A legal settlement may end up lowering broker commissions on real estate sales, hurting a key revenue stream for Zillow. Still, traders can play both sides of Z stock.

'The phone keeps ringing': Las Vegas landlord shocked by the number of people eager to rent his 160-square-foot tiny home for $950/month

aol.com A landlord who listed a tiny home for rent in the Las Vegas Valley was shocked by the overwhelming response he received from renters desperate to find an affordable place to…

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