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News Articles: real estate

This is one of 194 homes The Port of Greater Cincinnati Development Authority bought this year. The purchase is a first for the agency, which wanted to prevent investors from buying the homes and possibly increasing rent or evicting tenants.

Tagged as: 

  • National

It's harder to buy a house. This city fought back by outbidding corporate landlords

A Cincinnati agency says large investors are taking some of the most affordable homes off the market, exacerbating the racial wealth gap. It's now helping its new tenants buy the homes themselves.

November 03, 2022
|
By:
  • Jennifer Ludden
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
Wildfires are causing billions in damage every year and yet many homebuyers have little idea whether their house is at risk.

Tagged as: 

  • Climate

Is your house at risk of a wildfire? This online tool could tell you

Many people move without realizing the danger that wildfires pose to their new home. A new risk rating system could help buyers learn more on real estate sites.

May 16, 2022
|
By:
  • Lauren Sommer
GPB News NPR

Tagged as: 

  • National

Home prices are up. For Black families, is selling Grandma's house the right choice?

Fast-rising home prices are creating opportunities for some longtime Black homeowners. Those high valuations can also raise big questions about the best way to tap into that wealth.

December 28, 2021
|
By:
  • Laurel Wamsley
Regan Adams at her home in northeast Knoxville.

Tagged as: 

  • National

Home prices are up. For Black families, is selling Grandma's house the right choice?

Fast-rising home prices are creating opportunities for some longtime Black homeowners. Those high valuations can also raise big questions about the best way to tap into that wealth.

December 28, 2021
|
By:
  • Laurel Wamsley
Homes line the street of a neighborhood in Brooklyn, N.Y., in March. Zillow announced it will stop buying and reselling homes, citing the volatility of the housing market.

Tagged as: 

  • Business

Zillow will stop buying and renovating homes and cut 25% of its workforce

The company disclosed Tuesday that it lost about $304 million in the third quarter after purchasing homes at higher prices than it now expects to sell them at.

November 03, 2021
|
By:
  • Joe Hernandez and
  • Chris Arnold
The halted under-construction Evergrande Cultural Tourism City, a mixed-used residential, retail and entertainment development in Taicang in China's eastern Jiangsu province.

Tagged as: 

  • Asia

5 Lessons Evergrande Taught Us About The Chinese Economy

Here's what a troubled property developer tells us about the Chinese economy.

September 28, 2021
|
By:
  • Greg Rosalsky and
  • Darian Woods
A "For Sale by Owner" sign is posted in front of property in Monterey Park, Calif., in April 2020.

Tagged as: 

  • Business

Black And Latino Homeowners Are About Twice As Likely As Whites To Get Low Appraisals

A new analysis by Freddie Mac has found that only 7.4% of appraisals in majority-white census tracts came in below contract price, compared with 12.5% for Black areas and 15.4% for Latino ones.

September 23, 2021
|
By:
  • Joe Hernandez
Half-finished apartment towers are part of Evergrande's Cultural City real estate project in Taicang, China. The firm has run out of money to finish the buildings as regulators force developers to pay back debts.

Tagged as: 

  • World

The Evergrande Group's Debt Issues Could Be A Drag On China's Economy

For decades, rising property prices helped enrich China. Now one of the country's biggest developers is facing bankruptcy. Policymakers fear it could send China's financial system into a tailspin.

September 22, 2021
|
By:
  • Emily Feng
A sign for the China Evergrande Centre, the Hong Kong home for China Evergrande Group, is shown last week. Fears of a debt default at the property developer sparked a global stock market sell-off on Monday.

Tagged as: 

  • Business

A Chinese Real Estate Company Is Walloping Your Stocks. Here's Why

The Dow Jones slumped over 600 points as financial troubles at property developer China Evergrande Group became the latest in a growing list of concerns for Wall Street.

September 21, 2021
|
By:
  • David Gura
Marissa Lovell had hoped to buy her small Boise, Idaho, rental home until the price shot up by nearly $100,000 amid the coronavirus pandemic.

Tagged as: 

  • National

Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade

The pandemic has made the housing market even tighter in the mountain West, where first-time buyers are trying to decide whether this is just the future or a bubble headed eventually for a bust.

May 28, 2021
|
By:
  • Kirk Siegler
Home for sale in Macon

Tagged as: 

  • Economy

Demand For Houses In Macon Continues To Soar: Here's Why

Macon’s housing shortage is both a reflection of national trends and a unique blend of local realities.

April 13, 2021
|
By:
  • Jenna Eason
Sacramento's Elmhurst neighborhood is comprised of mostly single-family homes. The City Council has voted on a draft plan to allow fourplexes in all residential areas.

Tagged as: 

  • National

Facing Housing Crunch, California Cities Rethink Single-Family Neighborhoods

By allowing multi-family housing, proponents across the state say the move could lower housing costs and redress decades of racial segregation.

March 13, 2021
|
By:
  • Erin Baldassari
Lachlan (left) and Lillian Barilleau play in the backyard of their home in Central, La. They were displaced from the house for months after a flood in 2016.

Tagged as: 

  • Science

Living In Harm's Way: Why Most Flood Risk Is Not Disclosed

About 15 million properties in the U.S. are prone to flooding, but patchwork and ineffective disclosure laws mean most people get little to no information about flood risk before they move.

October 20, 2020
|
By:
  • Rebecca Hersher
A new study has found that home sale prices and volume appear to be declining in Florida coastal areas at vulnerable-to-rising sea levels compared to coastal areas with less risk. Here, the balcony view from a luxury condo in Sunny Isles Beach, Fla., in 2017.

Tagged as: 

  • Environment

Is The Risk Of Sea Level Rise Affecting Florida Home Prices? A New Study Says Yes

Research published this week finds that home sales volume and prices have declined in coastal census tracts vulnerable to sea level rise, relative to coastal areas less threatened by climate change.

October 16, 2020
|
By:
  • Laurel Wamsley
  • Load More

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