Real Estate

Things you should check before buying property

Given the population in our country and the land available, every piece of property seems precious. Even if that wasn’t the case, property is important, even if you buy it just as an investment or to move into it immediately. There are a couple of things that you must absolutely consider before signing the papers or the agreement. You wouldn’t ... Read More »

Actor Jonathan Rhys Meyers Is Selling Modest but Dreamy Laurel Canyon Home

You might recognize Jonathan Rhys Meyers as Elvis, King Henry VIII, orDracula. Now, the hunky Irish-born actor is taking on another role: home seller. Meyers is selling his surprisingly modest and absolutely dreamy modern home in the Laurel Canyon area of Los Angeles. Listed for just shy of $1.55 million, the two-bedroom home isn’t huge by Hollywood standards, but the ... Read More »

Homes in the U.S. Towns With the Fastest-Growing Economies

Victorian homes in Wheeling, West Virginia: Ryan Stanton/Flickr/Creative Commons When the Commerce Department reported Wednesday on the economic growth of certain metropolitan areas across the U.S. in 2014, The Wall Street Journal was quick to note a common theme among these boomtowns: the energy sector! All of them are major centers for mining and other energy-related natural resources. So it’s not ... Read More »

New-Home Sales Are Up! How About Prices?

The housing market ended summer on a positive note, with sales of newly built homes increasing 6% in August. According to estimates released jointly on Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new homes in August were at a seasonally adjusted annualized rate of 552,000—a 6% increase over July’s 522,000. This was ... Read More »

Superman Foe Says New York City Real Estate Is ‘Idiotic’

Michael Shannon as General Zod, courtesy manofsteel.com We’ve heard a lot of words used to describe the price of New York City real estate, from “expensive” to “astronomical.” Here’s one we haven’t heard: “Idiotic.” That’s what the actor Michael Shannon, who played villain General Zod in the 2013 movie “Man of Steel,” told the New York Post. “How much it costs to buy ... Read More »

Renters Will Continue to Struggle for the Next Decade, Harvard Study Says

Renting is unlikely to get easier anytime soon. An estimated 11% more households will pay more than half of their incomes in rent in 2025, according to a new report from Harvard University’s Joint Center for Housing Studies and Enterprise Community Partners, an affordable-housing organization. The situation could have significant policy implications. Renters who are severely cost-burdened—meaning they pay more than ... Read More »

What you need to know about the Volkswagen scandal

What did Volkswagen do? The company is said to have been caught cheating on American air pollution tests. Volkswagen installed sophisticated software known as “defeat devices” in the electronic control module of diesel vehicles issued between 2008 and 2015. This software was able to sense when emissions testing was in progress based on the position of the steering wheel, vehicle ... Read More »

Cramer Remix: My prediction for Volkswagen

Jim Cramer had a hunch that there must be other reasons why the market keeps going down, besides the recent drama of the Fed. “I see three real worries that have people buzzing, and I want to point them out, not to scare you, but to help explain how foreign markets are connected with ours,” the “Mad Money” host said. ... Read More »

Turing to roll back pricing for Daraprim amid controversy

The pharmaceutical company boss under fire from Hillary Clinton and many others for jacking up the price of the drug Daraprim 5,000 percent overnight said Tuesday he will lower the cost of the life-saving drug. Martin Shkreli did not say what the new price would be but expected a determination to be made over the next few weeks. He told ... Read More »

Do homebuyers really care about rising rates?

Do homebuyers care about rising rates?The short answer is: sort of. Potential homebuyers certainly care if the monthly payment goes up for the same house they were considering a month earlier. That concern, however, comes in third place after the ability to get a mortgage and the ability to find a home they like, according to a survey conducted this ... Read More »