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.
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.
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.
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.
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.
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.
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.