(NewsNation) — Five U.S. cities are considered “impossibly unaffordable” when it comes to housing, placing them among the most expensive markets in the world, according to a new study. Researchers at Chapman University and the Frontier Centre for Public Policy in Canada analyzed 94 major cities in eight countries and determined San Jose, California is … Read more
File photos: “For Sale” sign Brandon Bell | Getty Images Consumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 … Read more
(NewsNation) — U.S. home sales in May dropped to the third-lowest level in a decade as homebuyers continue to face elevated mortgage rates, record-high prices and low inventory. Last month, 407,959 homes were sold, down roughly 3% from a year ago, according to real estate brokerage Redfin. To put that in perspective, only two months … Read more
Row of shophouses in Singapore’s Katong area. Olivier Chouchana | Gamma-rapho | Getty Images SINGAPORE — The ornate, colorful “shophouses” that line the streets in some old neighborhoods of Singapore are not what immediately comes to mind when people think of the city-state. In a country where land is scarce and public housing can cost … Read more
When my husband Brian first told me he’s from Laguna Beach, it took everything in me to play it cool. “Oh, is that near Los Angeles?” I asked. Like most elder millennials, I knew exactly where Laguna Beach was. I’d seen every episode of the reality show (I was an LC with a Kristin haircut) … Read more
NEW YORK CITY (NewsNation) — A squatter living in a New York home allowed the homeowner and NewsNation cameras into the home to retrieve decades-old family belongings. For years, Donna Kent wondered what was in the attic of her father’s old house. He died in 2012 and more than a decade later, the house is … Read more
A NSW property is on the market for just $65,000 — but there is, of course, a catch. The Tottenham property, located about six hours from Sydney, is a former church. It is situated on 1010sqm and has power, water and sewerage available. Know the news with the 7NEWS app: Download today Photos included in … Read more
Goodboy Picture Company | E+ | Getty Images More homeowners are listing their homes for sale — but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to the latest market report by Zillow. … Read more
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change. This year’s hurricane season is already underway, … Read more
It is “probably the worst-presented” home one real estate agent has put to sale in the last year, but that has done little to ward off buyers hoping to crack into the Perth housing market at an affordable price. The four bedroom, two bathroom property at 19 Ryland Road, Kelmscott, in the city’s southeast, was … Read more
