More articles on this subject
Profile picture of New York Post
Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Once the West Coast's crown jewel, San Francisco's real estate market is ...
Quick Glance: San Francisco's Real Estate Market in Turmoil
  • The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.

  • In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.

  • Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'

  • San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Profile picture of The Hill (newspaper)
The cost of buying a home has hit an all-time high: It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate ...
thehill.com/business/4620542-the-costs-of-buying-a-home-has-hit-an-all-time-high-report/
The cost of buying a home has hit an all-time high
Profile picture of The Hill (newspaper)
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of CNN.com
US pending home sales jumped in March, beating expectations by a mile: Home sales based on contract signings jumped in March despite elevated mortgage rates that ...
cnn.com/2024/04/25/economy/us-pending-home-sales-march/
US pending home sales jumped in March, beating expectations by a mile
Profile picture of Kiplinger
Hot Tips for Home Buyers and Sellers Right Now: Real estate looks to be especially hopping this spring, thanks to pent-up demand and buyers adjusting to higher ...
kiplinger.com/real-estate/hot-tips-for-home-buyers-and-sellers-right-now
Hot Tips for Home Buyers and Sellers Right Now
Profile picture of CNET
Today’s American Dream Is Renting, Not Buying. This Expert Agrees: Some people rent because they can't afford to buy a home. Others do it simply because ...
cnet.com/personal-finance/mortgages/advice/todays-american-dream-is-renting-not-buying-this-expert-agrees/
Today’s American Dream Is Renting, Not Buying. This Expert Agrees
Profile picture of Daily Mirror
Taxi driver won lottery six weeks ago – but hasn't seen a penny due to new rule: Ray Laird from Bootle, Merseyside, has been playing the National Lottery for 30 ...
mirror.co.uk/news/uk-news/i-won-national-lottery-six-32571231
Taxi driver won lottery six weeks ago – but hasn't seen a penny due to new ...
Profile picture of The Japan Times
Tokyo-area condo prices hit record high for third year in a row: In central Tokyo's 23 wards, the average condo price rose 5.7% to ¥104.64 million ...
japantimes.co.jp/business/2024/04/19/tokyo-condo-price-record-high/
Tokyo-area condo prices hit record high for third year in a row
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of NPR
Housing experts say there just aren't enough homes in the U.S.: The United States is millions of homes short of demand, and lacks enough affordable housing units ...
npr.org/2024/04/23/1246623204/housing-experts-say-there-just-arent-enough-homes-in-the-u-s
Housing experts say there just aren't enough homes in the U.S.
Profile picture of NPR
Housing experts say there just aren't enough homes in the U.S.: The United States is millions of homes short of demand, and lacks enough affordable housing units ...
npr.org/2024/04/23/1246623204/housing-experts-say-there-just-arent-enough-homes-in-the-u-s
Housing experts say there just aren't enough homes in the U.S.
Profile picture of BBC News
First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
First-time buyers face toughest test for 70 years, lenders say
Profile picture of San Francisco Chronicle
Empty SF office tower at 995 Market St sells at near 90% discount: An empty San Francisco office tower in the Mid-Market neighborhood at 995 Market Street ...
sfchronicle.com/realestate/article/s-f-tower-sells-90-discount-19418186.php
Empty SF office tower at 995 Market St sells at near 90% discount
Profile picture of The Wall Street Journal
The Hidden Costs of Homeownership Are Skyrocketing: Rising insurance premiums, property taxes and maintenance costs show little sign of abating ...
wsj.com/economy/housing/housing-affordability-taxes-insurance-costs-rise-bca64df1
The Hidden Costs of Homeownership Are Skyrocketing
Profile picture of New York Post
Chris Pratt and Katherine Schwarzenegger face backlash after demolishing a historic home to build a mega-mansion
nypost.com/2024/04/22/real-estate/critics-rip-chris-pratt-for-tearing-down-beloved-la-home/
Chris Pratt and Katherine Schwarzenegger face backlash after demolishing a ...
Quick Glance: Controversy Surrounding Demolition of Historic Home in LA
  • Actor Chris Pratt and his wife Katherine Schwarzenegger face backlash for demolishing a historic home to make way for a massive mansion.

  • The 1950 Zimmerman house designed by Craig Ellwood with landscaping by Garrett Eckbo was purchased for $12.5 million and torn down.

  • Despite being a potential historic site, the house was demolished to make room for a modern farmhouse, sparking regret and criticism from architecture enthusiasts.

  • The Los Angeles Conservancy and Eichler Network raised concerns and lamented the loss of the architectural gem, while designers and Mid-Century architecture fans expressed frustration over the demolition.
Profile picture of Khaleej Times
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
UAE: Indians, Pakistanis among top investors in Sharjah property - News | ...
Profile picture of Axios (website)
Mortgage rates reach new high for 2024: Our frozen housing market may not unthaw this spring due to lack of affordability.
axios.com/2024/04/24/mortgage-rates-high-april-2024
Mortgage rates reach new high for 2024
Profile picture of BBC News
South Poorton: Historical coins found under floor sell for £60,000: The cache of more than 1,000 gold and silver coins was found during renovation work at a ...
bbc.com/news/uk-england-dorset-68885685
South Poorton: Historical coins found under floor sell for £60,000
Profile picture of Reuters
The best time to sell your home in the US is now: If you are selling a home in the U.S., you may wonder when to put it on the market and get the best price.
reuters.com/markets/us/best-time-sell-your-home-us-is-now-2024-04-15/
The best time to sell your home in the US is now
Profile picture of The Seattle Times
U.S. housing market paralyzed by lock-in effect | Analysis: For homeowners not looking to move anytime soon, the low rates they secured will benefit them for ...
nytimes.com/2024/04/15/upshot/mortgage-rates-homes-stuck.html
U.S. housing market paralyzed by lock-in effect | Analysis
Profile picture of The Wall Street Journal
The $1.6 Billion Quest to Build America’s Tallest Skyscraper in…Oklahoma: A developer plans a 1,907-foot tower overlooking sprawl and farmland ...
wsj.com/us-news/oklahoma-skyscraper-americas-tallest-eaae69d2
The $1.6 Billion Quest to Build America’s Tallest Skyscraper in…Oklahoma
Profile picture of CNA
Quick Glance: Homeowners Face Prolonged High Mortgage Rates Amid Market Challenges
  • Currently, mortgage rates can be above 4 percent. An anticipated rate decrease is now expected by the end of next year.

  • Observers noted a trend of homeowners transitioning to fixed mortgage rates due to a high interest rate environment.

  • Real estate agents highlighted challenges in finding tenants with an oversupply of apartments in the market.

  • Analysts suggested that homeowners may need to endure longer periods of high mortgage rates before seeing significant declines.
Profile picture of The Hill (newspaper)
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
Mortgage rates hit highest level since November after hot inflation report
Profile picture of Sky News
Money latest: Four big lenders hike mortgage rates amid interest rate uncertainty
news.sky.com/story/money-latest-consumer-personal-finance-mortgages-13040934
Money latest: Four big lenders hike mortgage rates amid interest rate ...
Profile picture of The Wall Street Journal
5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret: Luxe bathroom trends, from zellige tiles to vessel sinks, seduced these homeowners and interior ...
wsj.com/style/design/bathroom-upgrades-homeowners-regret-1d921e72
5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret
Profile picture of Axios (website)
Renting vs buying: More renters say homeownership is out of reach, Redfin reports
axios.com/2024/04/12/rent-mortgage-housing-affordablity-report-redfin
Renting vs buying: More renters say homeownership is out of reach ...
Profile picture of Irish Independent
Mortgage price war breaks out as another lender cuts its rates: A mortgage price war has broken out as a new Spanish banking giant is set to enter the market ...
independent.ie/business/personal-finance/mortgage-price-war-breaks-out-as-another-lender-cuts-its-rates/a2046517416.html
Mortgage price war breaks out as another lender cuts its rates
Profile picture of BBC News
Jordan van den Berg: The 'Robin Hood' TikToker taking on Australian landlords: Jordan van den Berg's vigilante-style approach has won him fans and critics amid a ...
bbc.com/news/world-australia-68758681
Jordan van den Berg: The 'Robin Hood' TikToker taking on Australian ...
Profile picture of The New York Times
Sick of Your Blue State? These Real Estate Agents Have Just the Place for You.: Agents in South Carolina, the fastest growing state in the country last year ...
nytimes.com/2024/04/18/us/greenville-real-estate-conservatives.html
Sick of Your Blue State? These Real Estate Agents Have Just the Place for ...
Profile picture of New York Post
I had stable finances until I bought a house -- now I'm in deep debt: A TikToker named Samantha Barker was in good financial standing, until buying a house ...
nypost.com/2024/04/16/real-estate/homeownership-has-me-drowning-in-debt/
I had stable finances until I bought a house -- now I'm in deep debt
Profile picture of New York Post
Rosie O’Donnell relists her NYC triplex penthouse -- for a loss: The former talk show host has put her Manhattan apartment at 255 E. 49th St ...
nypost.com/2024/04/16/real-estate/rosie-odonnell-relists-her-nyc-penthouse-for-a-loss/
Rosie O’Donnell relists her NYC triplex penthouse -- for a loss
Profile picture of Insider (news website)
Millennial moved from Florida to southern Portugal for a better life: Andrew Ibrahim was tired of Florida, and worried about what it was turning into ...
businessinsider.com/millennial-moved-florida-southern-portugal-better-life-2024-4
Millennial moved from Florida to southern Portugal for a better life
Profile picture of The Age
No mortgage? No worries: Melbourne property buyers pay cash instead: Some investors have been deterred by higher taxes, but others are snapping up properties in ...
theage.com.au/property/news/no-mortgage-no-worries-melbourne-property-buyers-pay-cash-instead-20240325-p5ff3t.html
No mortgage? No worries: Melbourne property buyers pay cash instead
Profile picture of The Wall Street Journal
Rockford Is Now America’s Top Housing Market After an Improbable Turnaround: The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ...
wsj.com/real-estate/rockford-illinois-housing-market-rankings-realtor-d304570c
Rockford Is Now America’s Top Housing Market After an Improbable ...
Profile picture of The Wall Street Journal
This Luxurious Paris Apartment Was Originally Built for a French Noble: A couple renovated three separate apartments in a historic “hôtel particulier” and an ...
wsj.com/style/design/this-luxurious-paris-apartment-was-originally-built-for-a-french-noble-cc6ce349
This Luxurious Paris Apartment Was Originally Built for a French Noble
Profile picture of The Arizona Republic
Arizona cares about hockey. The problem is the Coyotes care about real estate: Letter to the editor: The problem with the Arizona Coyotes isn't the fans ...
azcentral.com/story/opinion/letters/2024/04/17/arizona-coyotes-owner-cares-more-real-estate-hockey/73345984007/
Arizona cares about hockey. The problem is the Coyotes care about real ...
Profile picture of The Birmingham News
Tagovailoa brothers are ‘dreammates’ in NFL Draft ad: Taulia Tagovailoa is hoping to join his older brother in the pros.
al.com/sports/2024/04/tagovailoa-brothers-are-dreammates-in-nfl-draft-ad.html
Tagovailoa brothers are ‘dreammates’ in NFL Draft ad
Profile picture of Sky News
Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to ... Show more
23:11
Profile picture of MarketWatch
I got a loan modification and ended up with a 52-year mortgage. Is this normal? : ‘I found out last year, after talking to a few people who have also done a ...
marketwatch.com/story/i-couldnt-pay-my-370-000-mortgage-so-i-applied-for-a-loan-modification-now-i-have-a-52-year-loan-is-this-normal-0dd5efb5
I got a loan modification and ended up with a 52-year mortgage ...
Profile picture of The Sydney Morning Herald
Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
Should we use savings to pay down mortgage or invest in shares?
Profile picture of New York Post
Small California home size of hotel room hits market for $1.7M: Located at the end of a quiet, residential cul-de-sac in Cupertino, the home is overlooked by ...
nypost.com/2024/04/13/real-estate/california-home-size-of-hotel-room-on-the-edge-of-silicon-valley-hits-market-for-1-7m/
Small California home size of hotel room hits market for $1.7M
Profile picture of The New York Times
Picking a Jury to Try Trump, and What’s Next for Iran and Israel: Plus, the mortgages keeping people stuck in their homes.
nytimes.com/2024/04/15/podcasts/trump-trial-mortgage.html
Picking a Jury to Try Trump, and What’s Next for Iran and Israel
Profile picture of Insider (news website)
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
businessinsider.com/adam-neumann-opens-up-about-his-startup-transform-apartment-living-2024-4
Adam Neumann shares new details on how he wants to transform apartment ...
Profile picture of The Wall Street Journal
They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It.: Bryan Graybill and Daniel Dokos built their dream home in Sag Harbor but are now ...
wsj.com/real-estate/luxury-homes/they-love-their-14-95-million-hamptons-house-the-problem-their-dog-hates-it-0cd7e13b
They Love Their $14.95 Million Hamptons House. The Problem? Their Dog ...
Profile picture of The New York Times
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up: On a scale not seen in decades, many Americans are stuck in homes they would rather leave.
nyti.ms/3Q2xnlA
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
Profile picture of North Wales Live
Taxi driver still hasn't received lottery winnings after six weeks: Ray Laird, who has been driving taxis for 50 years, is frustrated as he waits for an £800 ...
dailypost.co.uk/news/north-wales-news/taxi-driver-still-hasnt-received-28981835
Taxi driver still hasn't received lottery winnings after six weeks
Profile picture of Insider (news website)
Warren Buffett's real-estate firm to spend $250M to get out of legal hot water: Warren Buffett's HomeServices of America agreed to pay $250 million to settle ...
businessinsider.com/warren-buffett-real-estate-brokerage-250-million-settlement-commissions-2024-4
Warren Buffett's real-estate firm to spend $250M to get out of legal hot ...
Profile picture of Bloomberg
Real Estate Billionaire Stephen Ross Bets Big on South Florida: The Related Cos. founder is following the money flowing south by bringing his influence to ...
bloomberg.com/news/features/2024-04-25/real-estate-billionaire-stephen-ross-bets-big-on-south-florida
Real Estate Billionaire Stephen Ross Bets Big on South Florida
Profile picture of The Local
How to lower the monthly cost of your Swedish mortgage: The mortgage makes up the biggest chunk of a lot of home owners' monthly bills ...
thelocal.se/20240216/how-you-can-lower-the-monthly-cost-of-your-swedish-mortgage
How to lower the monthly cost of your Swedish mortgage
Profile picture of Reuters
NatWest profit falls less than feared ahead of state escape: British bank NatWest's first-quarter profit fell by a less than expected 27%, it said on Friday ...
reuters.com/business/finance/natwest-first-quarter-profit-slides-27-2024-04-26/
NatWest profit falls less than feared ahead of state escape
Profile picture of Reuters
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit: Barclays reported a slightly smaller than expected 12% fall in first quarter profit on ...
reuters.com/business/finance/barclays-q1-profit-falls-12-2024-04-25/
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit
Quick Glance: Deutsche Bank Increases Quarterly Profit by 10 Percent
  • Deutsche Bank surpasses expectations in the first quarter of 2024 with a profit of 2 billion euros before taxes and 1.5 billion euros after taxes.

  • CEO Christian Sewing expresses satisfaction, citing the best results since 2013, emphasizing discipline in meeting cost targets, and the strong capital base.

  • Revenue in investment banking increases significantly, particularly through trading in bonds, currencies, and large loans.

  • Deutsche Bank invests in buying back its own shares, raises dividends, and plans job cuts to keep costs below 20 billion euros.
Profile picture of Bloomberg
Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...
bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales
Commercial Real Estate Debt Is Back With 170% Jump in Sales
Profile picture of Cellesche Zeitung
Rents in Germany: Where housing costs are becoming a burden: Rent levels in Germany differ fundamentally from region to region. In Munich ...
cz.de/bauen-und-wohnen/mieten-in-deutschland-wo-die-wohnkosten-zur-belastung-werden-HYQPWFBC5VBIDBHSRUD3D7WTCI.html
Rents in Germany: Where housing costs are becoming a burden
Profile picture of Bloomberg
Trump Lawyer Hints That Tabloid CEO Tried to Help Model’s Career: Donald Trump’s longtime personal assistant, who worked for his real estate empire for decades ...
bloomberg.com/news/articles/2024-04-26/trump-lawyer-hints-that-tabloid-ceo-tried-to-help-model-s-career
Trump Lawyer Hints That Tabloid CEO Tried to Help Model’s Career
Profile picture of Slate Magazine
My Husband’s Inheritance Could Change Our Family’s Life. But He Won’t Even Consider Using It.
slate.com/human-interest/2024/04/inheritance-anger-care-and-feeding.html
My Husband’s Inheritance Could Change Our Family’s Life. But He Won’t Even ...
Profile picture of Financialexpress
Inheritance tax unsuitable for India, wealth creation is key: Experts: “Levy on inherited assets to hit savings, administrative nightmare”
financialexpress.com/money/inheritance-tax-unsuitable-for-india-wealth-creation-is-key-experts-3468820/
Inheritance tax unsuitable for India, wealth creation is key: Experts
Profile picture of Bloomberg
Blackstone Strikes $1.6 Billion Student Housing Deal With KKR: Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
bloomberg.com/news/articles/2024-04-25/blackstone-strikes-1-6-billion-student-housing-deal-with-kkr
Blackstone Strikes $1.6 Billion Student Housing Deal With KKR
Profile picture of Money
Many Homeowners Couldn't Afford Their Current House at Today's Prices: In a new survey, 38% of homeowners say they could not afford to buy the houses they ...
money.com/home-prices-unaffordable-today/
Many Homeowners Couldn't Afford Their Current House at Today's Prices
Profile picture of Time
About 1 in 4 U.S. Adults Over 50 Say They Expect to Never Retire, Study Finds: Everyday expenses and housing costs, including rent and mortgage payments ...
time.com/6970537/about-1-in-4-u-s-adults-over-50-say-they-expect-to-never-retire/
About 1 in 4 U.S. Adults Over 50 Say They Expect to Never Retire ...
Profile picture of Westmorland Gazette
Lake District park acclaimed at Red Rose Awards 2024: Independent holiday park operator Pure Leisure Group has clinched the celebrated Tourism ...
thewestmorlandgazette.co.uk/news/24280198.lake-district-park-acclaimed-red-rose-awards-2024/
Lake District park acclaimed at Red Rose Awards 2024
Profile picture of The Dallas Morning News
Five thoughts from Dallas Stars' Game 2 loss to Vegas Golden Knights: The Stars face a 2-0 series deficit and will have to steal a game in Vegas to keep their ...
dallasnews.com/sports/stars/2024/04/24/five-thoughts-from-stars-game-2-loss-to-golden-knights-late-response-eludes-dallas/
Five thoughts from Dallas Stars' Game 2 loss to Vegas Golden Knights
Profile picture of Miami Herald
It’s still painfully expensive to buy a house, but relief could be on the way
miamiherald.com/news/business/article288050700.html
It’s still painfully expensive to buy a house, but relief could be on the ...
Profile picture of Fort Worth Star-Telegram
Dave Ramsey explains how your mortgage is key to early retirement: Retiring early is a financial goal that requires planning and lifestyle changes.
star-telegram.com/news/business/article287887730.html
Dave Ramsey explains how your mortgage is key to early retirement
Profile picture of MarketWatch
Pending home sales see unexpected jump in March, despite 7% mortgage rates: Increase in March pending home sales is the ‘best performance in a year,’ NAR says
marketwatch.com/story/pending-home-sales-see-unexpected-jump-in-march-despite-rising-mortgage-rates-cb4eaecc
Pending home sales see unexpected jump in March, despite 7% mortgage rates
Profile picture of Money
The Cost of Buying a House Reaches a New Record High: The cost of buying a home hit a new record high thanks to rising house prices and mortgage rates ...
money.com/cost-of-buying-house-record-high/
The Cost of Buying a House Reaches a New Record High
Profile picture of Hull Live
Eurocamp offering half-term family holidays for under £300: Breaks are available across Europe - including France and Croatia
walesonline.co.uk/whats-on/travel/eurocamp-offering-half-term-family-29057028
Eurocamp offering half-term family holidays for under £300
Profile picture of MarketWatch
Express files for bankruptcy, will close 95 Express and all UpWest stores: Clothing retailer seeks court approval to continue operating its stores and paying its ...
marketwatch.com/story/express-files-for-bankruptcy-will-close-95-express-and-all-upwest-stores-270dcc0e
Express files for bankruptcy, will close 95 Express and all UpWest stores
Profile picture of Bloomberg
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market
Profile picture of MarketWatch
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%: Mortgage rates jump to highest level since November 2023
marketwatch.com/story/home-buyers-turn-to-adjustable-rate-mortgages-as-30-year-rate-zooms-past-7-2c24221c
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past ...