House-Flipping Rate Rises, but Investors’ Profits Are Falling
Nearly 10 percent of U.S. homes sold in the first quarter of 2022 were flipped, but investors were challenged by shrinking supply and rising costs.Roughly one in 10 U.S. homes…
In Bronx Housing Court, Tenants Fight to Stay in Their Homes
Rocio Quero Yescas is 56 and walks with a cane, and she fears she will trip and fall because the floor tiles in her apartment keep peeling up.Kenya Whitt, a…
Cost of Owning a Home Surges Above the Cost of Renting One
A new report shows that having a mortgage is far more expensive than having a lease, a disparity that is helping to cool a red-hot housing market.Housing costs, pushed higher…
Dog Owners Want More Space. Here’s Where They’re Finding It.
Areas with homes that have pet-friendly features and are close to a dog park are in hot demand, a new analysis shows.Pet ownership has soared in the pandemic, and those…
Lego Plans to Build a Factory in Virginia
Hoping to shorten the supply chain for its popular building sets, the toymaker Lego said on Wednesday that it was planning to invest $1 billion in a new factory in…
Jump in Mortgage Rates Could Add $100,000 to Housing Costs
With interest rates at 5 percent, borrowers could pay thousands in extra costs over the lifetime of a 30-year home loan, a report shows.The recent rise in U.S. mortgage rates…
Homeownership Remains the American Dream, Despite Challenges
A new survey reveals that nearly three-quarters of Americans place owning a home above career, family and college as a sign of prosperity.Nearly three-quarters of Americans say owning a home…