AvatarFortuneAvatarAvatar5 hours agoA $2.3 million home listing in Nantucket slashed its price by a whopping 74% after its shoreline experienced drastic erosion in just a few weeksverified_publisherFortune - Sydney LakeMajor 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 …
AvatarFortuneAvatarAvatar5 hours agoSelf-made real estate millionaire Barbara Corcoran says home prices could go up another 10% if mortgage rates dropverified_publisherFortune - Alena BotrosBarbara Corcoran has said it before, and she’ll probably say it again: when mortgage rates fall, home prices will rise. “If rates go down just …
AvatarFortuneAvatarAvatar7 hours agoHome Depot’s largest acquisition ever is an $18.25 billion bet on the housing market’s severe shortage of new homesverified_publisherFortune - Michelle Chapman, The Associated PressHome Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. It is Home Depot’s …
AvatarFortuneAvatarAvatar8 hours agoA woman purchased a vacant Hawaiian lot for about $22,000. She was surprised to see a $500,000 home was built on it by mistakeverified_publisherFortune - The Associated PressA woman who purchased a vacant lot in Hawaii was surprised to find out a $500,000 house was built on the property by mistake. She’s now mired in legal …
AvatarFortuneAvatarAvatar8 hours agoStanford economist says forcing people back to the office full time is a costly mistake: ‘They want to learn, they want to socialize—they just don’t want to go in five days a week’verified_publisherFortune - Jane ThierThe office debate is over: Work from home—in some capacity—is here to stay. That’s according to the so-called “guru” of the matter, Stanford economist …
AvatarFortuneAvatarAvatar1 day agoDiddy’s estimated $1 billion fortune is at risk after 5 lawsuits with explosive allegations. Here’s how the entertainment mogul made his moneyverified_publisherFortune - Sydney LakeOn Monday, federal agents and police raided Sean “Diddy” Combs’ lavish Los Angeles and Miami homes, the latest development in an ongoing …
AvatarFortuneAvatarAvatar1 day agoIt’s a ‘nepo’ housing market. More than a third of Gen Zers and millennials expect their parents to help with a down payment, survey findsverified_publisherFortune - Alena BotrosEverybody needs a little help sometimes. And in this housing market, people need their parents’ help. More than a third of millennials and Gen Zers …
AvatarFortuneAvatarAvatar1 day agoRed Bull boss Christian Horner and wife Gerri Halliwell are in a fight with neighbors over ‘disrespectful’ plans to build a swimming pool by an old churchyardverified_publisherFortune - Ryan HoggChristian Horner and his Spice Girls wife Gerri Halliwell have gotten themselves embroiled in a local scandal with angry neighbors over plans to …
AvatarFortuneAvatarAvatar1 day agoIngka CEO Jesper Brodin wants more of Ikea shoppers’ wallets as group buys up Swedish bankverified_publisherFortune - Ryan HoggIkea shoppers have gotten used to dipping deeper into their pockets as the furniture giant offers them interest-free loans on everything from their …
AvatarFortuneAvatarAvatar2 days agoRenting will be cheaper than buying for years, especially as home prices keep setting new all-time highsverified_publisherFortune - Alena BotrosMore bad news for anyone who wants to ever own a home: Home prices just went up again. The S&P CoreLogic Case-Shiller U.S. National Home Price index …
AvatarFortuneAvatarAvatar2 days agoThe housing market is so unaffordable that buyers need to make $30,000 more than they currently do to buy a homeverified_publisherFortune - Alena BotrosThe picture is bleak—housing is severely unaffordable. Your typical American household makes almost $30,000 less than it needs to afford a …
AvatarFortuneAvatarAvatar3 days agoThere’s one week in April that will be the best time to sell a house this year, Realtor.com says. Here’s whyverified_publisherFortune - Alena BotrosThe housing world’s pivotal spring season has arrived. Home sales bloom in the spring, at least normally they do, but this year’s season isn’t a …