Real Estate

The path to generational wealth is through…rentership? That’s the premise behind the newly-launched Renter Wealth Creation Fund by Enterprise Community Partners in collaboration with Stake, the startup which provides banking services and cash back rewards for on-time rent payments. Enterprise was an investor in Stake’s Series A announced in July. The Renter Wealth Creation Fund,
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Former U.S. President Donald Trump throws caps as he attends a rally in Warren, Michigan, U.S., October 1, 2022. Dieu-nalio Chery | Reutersm Former President Donald Trump and related defendants are opposing New York Attorney General Letitia James’ call for an independent monitor to oversee the Trump Organization’s submission of financial statements to third parties
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Vaxholm, a municipality made up of several islands in Sweden’s Stockholm archipelago, became a popular spa town and summertime destination in the late 19th century, filled with second homes and small cottages. The getaway draw continues today among those seeking an undisturbed place to enjoy the water and the great outdoors. This archetypal villa, characteristic
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Florida is notorious for how volatile its housing market can be. During the housing bubble and subsequent crash of the late 2000s, Florida was one of the hardest hit states. Many Florida housing markets are notable for their heavy ownership by foreign investors. What’s more, Florida has a high rate of wealth inequality, creating a
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The Manhattan real estate market entered the typical busy fall season in a quote-unquote buyer’s market. To many, that conjures up visions of panicked sellers hastily making fire-sale deals at enormous discounts with whatever intrepid buyers remain. Others thought that with mortgage rates above 6%, cash would be king, and with it, they would get
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Leopatrizi | E+ | Getty Images Becoming a homeowner can be challenging enough under good circumstances. Add in higher mortgage rates, elevated home prices and unrelenting high inflation — i.e., the current home-buying environment — and it may feel decidedly unattainable. The average rate on a 30-year fixed-rate mortgage has been trending above 7% for
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Ikea is the iconic Swedish furniture brand known for its low prices, flat-pack shipping, and tiny screwdrivers. Millions of people have braved the maze-like big box store searching to furnish their first apartment or simply to find affordable Scandinavian home furnishings. But the Ikea bubble may have burst because the brand’s rock bottom prices have
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Juan Espinoza, far left, with his family. A combination of rising interest rates, high home values and limited inventory has been squeezing prospective homebuyers — and perhaps few know that as well as Juan Espinoza does. The 23-year-old resident of Santa Ana, California, has been on a three-year search for a dwelling that’s within the
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The New York Times NYT profiled older storm victims facing an uncertain future after Hurricane Ian. The featured picture was an older couple with their arms around each other, comforting each other. The reporter then disclosed that the couple was unable to rebuild the lives they had enjoyed for 20-plus years in their adopted state
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