Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. Housing inventory levels in Florida are up the most in the nation on a year-over-year basis (34%), but the bulk of the increase is really concentrated in sections of Southwest Florida. In particular, in markets like Cape Coral and Fort Myers, which were hard-hit by Hurricane Ian in September 2022. Hurricane Ian left behind thousands of damaged homes, and the subsequent need for...
Recent data has shown that the U.S. Federal Reserve could hold off on cutting short-term interest rates in the face of rising productivity results, according to Chris Waller, a leading
Off-the-grid housing options are gaining popularity—but some of them are still really pricey.
In observance of Good Friday, a religious holiday observed on the Friday
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Since its founding nearly two decades ago, Zillow has revolutionized the way Americans buy, rent, sell — and fantasize — about housing in the US. But a settlement that breaks the grip of powerful real estate agents could trigger a range of problems for the platform already suffering from...
Canada’s housing minister openly mocked Ontario Premier Doug Ford on social media Friday over his concerns over fourplexes. Throughout the week, the premier has made it clear that he does not support a provincial mandate to build fourplexes in residential neighbourhoods—something that both the Ontario Housing Affordability Task Force and the federal government have recommended. Later, he clarified he was just against four-storey “towers.” “You have to differentiate between putting four...
Idaho’s seasonally adjusted unemployment rate was 3.3% in February, unchanged from January.
As the Labor government moves to ban rent bidding, tenants’ advocates say more is needed to address the housing crisisFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastQueensland renter Anne Dirks has spent three months struggling to find a new home.Brisbane last month surpassed Melbourne as Australia’s third-most expensive city, now just behind Canberra and Sydney. She said it has been a hard search, and she has been...
Investors who want to make a difference are teaming up with a New Hampshire-based nonprofit in an unusual effort to create market-rate housing in downtown St. Johnsbury. The Northern Forest Center purchased a former hotel on Railroad Street in 2022 and is renovating it this year to create nine apartments and two commercial spaces. The center plans to create housing for workers who make too much money to qualify for affordable housing programs, but too little to buy a home in an...
Foreign Affairs Minister Melanie Joly says Canada's ambassador to Haiti will remain in the country. She said the decision sends an important message to Haitians and to Canadians.
Colorado’s unemployment rate ranked 27th lowest between Indiana and North Carolina. North Dakota has the lowest rate at 2%, while California pushed Nevada aside to claim the highest at 5.3%.
The agreement would spell the end of the the standard 6 percent commissions that real estate agents get upon the sale of a property.