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 …
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 …
How Chattanooga Boosted Affordable Housing Without Direct Subsidies Read More »
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 …
Why Mortgage Rates Just Hit a 9-Month High-What It Means for Buyers and Sellers Read More »
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 …
Nicolas Cage Reveals Truth About Visit to Elvis Presley’s Bedroom at Graceland Read More »
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 …
Madison’s West Side Could Add 529 Affordable Apartment This Year Read More »
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 …
Mamdani Announces Plan To Address NYC’s Housing Crisis ‘Block by Block’ Read More »
The storied Los Angeles estate where fitness guru Richard Simmons passed away in 2024 has undergone a significant $579,000 price cut, just a few weeks after it reappeared on the market as a $5.8 million “canvas for transformation.” Simmons, who died just days after celebrating his 76th birthday, had owned the home for decades—and spentRead …
EXCL: Richard Simmons’ Iconic L.A. Estate Gets $580K Price Cut Read More »
President Donald Trump’s eldest son, Donald Jr., has wed his socialite partner, Bettina Anderson, in a luxurious Bahamas ceremony that was attended by several members of the Trump family, including his sister, Ivanka Trump, his brother, Eric Trump, and his daughter, Kai Trump. Ivanka and Eric’s wife, Lara Trump, both shared a host of imagesRead …
Pop star and actress Jennifer Lopez celebrated Memorial Day Weekend in true style—by spending a fun-filled day wth her children and loved ones around the swimming pool at her newly-renovated $18 million Hidden Hills mansion. Lopez, 56, who is in the midst of promoting her latest on-screen project, “Office Romance,” in which she stars withRead …
Jennifer Lopez Breaks In Her $18 Million Hidden Hills Home With Family Party Read More »
Home prices were falling faster in Seattle than any other major U.S. metro in early spring, as the Pacific Northwest city displaced Denver as the nation’s weakest housing market. More than half of large metros posted year-over-year price declines in March. Seattle led the downturn with a 2.5% annual price drop, according to the latestRead …
Home Prices Are Falling Fastest in Seattle as Weakness Spreads Read More »
