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News Articles: homebuyer

Katrina Wooten signed a contract to buy this home that's under construction near Gainesville, Fla. Then mortgage rates jumped sharply higher.

Tagged as: 

  • Your Money

Adjustable rate mortgages can be cheaper but risky. Here's what you need to know

With mortgage rates up sharply, many more homebuyers are turning to adjustable rate loans. These can be more affordable, at least at first. But they come with a big risk. Is it worth it?

September 10, 2022
|
By:
  • Chris Arnold
Mike Noel at the Heritage Plantation community, June 8, 2022. Noel retired and bought a home in the mobile home park and looked forward to fishing in the ocean 20 minutes away.  "I thought I was moving to paradise," he says.

Tagged as: 

  • Home Page Top Stories

From floods to slime: Mobile home residents say landlords make millions, neglect them

Elderly homeowners in Florida are suing the billion dollar company that owns their mobile home park. Big companies are buying up parks around the country, but critics say residents pay the price.

August 21, 2022
|
By:
  • Chris Arnold and
  • Robert Benincasa
A "for sale" sign is posted on a home last month in Philadelphia.

Tagged as: 

  • Economy

First-time homebuyers are getting squeezed out by investors

With a historic shortage of homes for sale, investors making cash offers are pushing first-time homebuyers out of the market.

February 18, 2022
|
By:
  • Chris Arnold and
  • Anthony Tellez
Lauren Barber stands in her home in Columbus, Ohio, on Nov. 16. Barber has been inundated with offers from investors and companies that want to buy her house. She sometimes gets called or texted more than five times a day with offers.

Tagged as: 

  • Economy

Hey, I want to buy your house: Homeowners besieged by unsolicited offers

Lots of speculators are jockeying to get in on the hot market. Sometime they call homeowners multiple times a day. It can be an invasive nuisance, or worse.

November 20, 2021
|
By:
  • Chris Arnold

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