Condo Redevelopment Could Spark New Trend
Condo residents unable to afford structural repairs may sell their entire building to developers for redevelopment.
Condo residents unable to afford structural repairs may sell their entire building to developers for redevelopment.
Condo residents unable to afford repairs to bring the building up to code may turn to selling entire buildings to developers for redevelopment.
Some 350,000 low-income housing units are at risk of losing federal affordability protections by 2030. Local governments and nonprofits can purchase the properties.
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Extra mortgage payments can chop thousands off your mortgage. Use a good prepayment calculator to determine your strategy.
Despite the Fed’s decision to reduce its benchmark interest rates, commercial investors may find that it’s too little, too late for their highly indebted properties.
As the scope of the loss of life, infrastructure and property damages becomes clearer, the estimated U.S. damage and economic loss rises to $225B between $250B.
Home sellers who don’t use an agent are twice as likely as agent-assisted sellers to be unhappy with the results of their sale, says a study from Clever Real Estate.
The national unemployment rate dropped for the second month in a row, dipping to 4.1% in September. In addition, more jobs were added than economists expected.
The state’s general revenue collections in Aug. totaled $3.6 billion, 4.3% higher than expected, thanks to a boost from sales taxes and earnings on investments.