Author name: Szabi

Lower Asking Prices Are the Silver Lining in an Otherwise Cloudy Market

Lower Asking Prices Are the Silver Lining in an Otherwise Cloudy Market

Asking prices continued to fall nationally this week, providing good news to homebuyers in a market that is otherwise clouded by rising mortgage rates and economic uncertainty. The national median asking price for active listings was down 2.4% for the week ending May 23, compared to a year earlier, according to the Realtor.com® economic researchRead …

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I Spent $100K to Transform My Outdated Bathroom Into a Spa-Like Paradise

I Spent $100K to Transform My Outdated Bathroom Into a Spa-Like Paradise

Considering a room revamp, but not sure where to begin—or how much to invest? In One-Room Renos, we explore renovation projects big and small, from simple upgrades you can accomplish in a weekend to total overhauls that can cost a small fortune and take months (or longer) to complete. Today, Kara Del Toro, a modelRead …

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Home Prices Are Dropping in Seattle as Buyers Refuse To Overpay

Home Prices Are Dropping in Seattle as Buyers Refuse To Overpay

Home prices are falling faster in Seattle than in any other major U.S. metro, as buyers there gain the upper hand and sellers are forced to accept reality. The Pacific Northwest city—where the median home listing price is $776,232—saw a 2.5% annual decline in single-family sales prices in March, according to the latest data fromRead …

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‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals

‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals

Desperate to win bidding wars in low-supply, high-demand markets, buyers often offer well over asking price, only to see the deal stall because the appraisal falls short of mortgage requirements. This leaves them with a stark choice—either pay out of pocket to bridge the financing gap or walk away from their dream home. Ted KoczonRead …

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How Chattanooga Boosted Affordable Housing Without Direct Subsidies

How Chattanooga Boosted Affordable Housing Without Direct Subsidies

With its corner of Southeast Tennessee growing, Chattanooga has developed a new tool to encourage more housing, without making taxpayers foot the bill. The city has secured the first set of new housing developments using a first-of-its-kind tool, which incentivizes the construction of below-market housing without direct subsidies. Chattanooga’s Payment in Lieu of Taxes (PILOT)Read …

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Why Mortgage Rates Just Hit a 9-Month High-What It Means for Buyers and Sellers

Why Mortgage Rates Just Hit a 9-Month High-What It Means for Buyers and Sellers

As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac reported last Thursday that the average 30-year fixed home loan rate reached 6.51%, a benchmark not seen since late August 2025—a period dominatedRead …

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Nicolas Cage Reveals Truth About Visit to Elvis Presley’s Bedroom at Graceland

Nicolas Cage Reveals Truth About Visit to Elvis Presley’s Bedroom at Graceland

Actor Nicolas Cage has revealed the truth about his somewhat infamous visit to the private floor of Elvis Presley’s iconic Graceland estate—finally debunking the rumors that he tried on the music legend’s clothes and actually sat on his toilet. Cage, 62, was given a very rare opportunity to tour the second floor of the rockRead …

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Madison’s West Side Could Add 529 Affordable Apartment This Year

Madison’s West Side Could Add 529 Affordable Apartment This Year

Two affordable housing projects could bring 529 new apartments to Madison’s west side, both in District 19 and both requesting city financing backed by Tax Increment District funds. The proposals are listed as file numbers 93149 and 93150 in the Common Council new business summaries from the May 19 meeting. Together, they seek a combinedRead …

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Mamdani Announces Plan To Address NYC’s Housing Crisis ‘Block by Block’

Mamdani Announces Plan To Address NYC’s Housing Crisis ‘Block by Block’

Mayor Zohran Mamdani announced a sweeping plan to confront New York City’s housing crisis “block by block” on Tuesday, setting a goal of building 200,000 new affordable homes and preserving or stabilizing another 200,000 existing homes over the next decade. “Block by Block: The Housing Plan for a New Era,” detailed in a 112-page reportRead …

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