DALLAS - Dave Krauss keeps one souvenir from his short-term rental nightmare in his Deep Ellum office: a framed cease and desist letter from a Dallas apartment manager. He got the notice - and took a loss on the apartment - after his Airbnb guest threw a loud party. He and his co-founder, Andrew Schulz, say they've found a way to help others avoid a similar fate.
With a new administration in Washington, the time is ripe to reconsider some fundamental features of our housing finance system. In recent articles, I focused on three weaknesses of the system, and on how to fix them.
Q: I recently had a new fence installed, and I am pretty unhappy about it. The wood quality is terrible, as if they used seconds. The salesman said this is the way the fence should look. I have only paid half the total cost. Should I ask them to repair/replace anything before I pay the balance?
LOS ANGELES - On the corner of Wilshire Boulevard and Figueroa Street in downtown Los Angeles, workers are putting the finishing touches on the Wilshire Grand, the West Coast's tallest building. Owned by Korean Air, it rises 1,100 feet and will have a hotel, offices and observation deck when finished.
Cary Towne Center has begun the process to redevelop about a quarter of the mall property. No particular tenants have been lined up, and IKEA said the Swedish retailer hasn’t committed for a timeframe for entering the Triangle market and does not have a site in mind.
Habitat for Humanity of Wake County has said it hopes to build 23 townhouses on land the nonprofit has under contract with its current owner, nearby Bethel Baptist Church. But residents have objections before the Town Council holds a public hearing.
An increasing number of retirees, who are living longer and are less likely to be covered by a defined benefit pension than previous generations, risk running out of money. Those who have significant equity in a home, however, can reduce or eliminate the risk if they use their equity wisely.
Q: I am buying a new home, and the closing company told me that I could not use a certified check for the money I'm paying at closing. It wants me to wire it and confirm the wiring instructions before I send the money. I don't see why I need to jump through these hoops. What's going on?
Like many farms facing labor shortages in the West, the Tanimura & Antle vegetable farm in California's Salinas Valley was in a bind for the 2015 harvest season. It was more than 225 workers shy of the number needed to gather crops, and it had to plow under about $500,000 worth of produce.
As rising interest rates make it more expensive for people to buy homes, the U.S. Department of Housing and Urban Development announced Monday that the Federal Housing Administration is reducing the insurance premiums people pay monthly on FHA mortgages.
After 18 years in business, Tir Na nOg Irish Pub will close its doors in downtown Raleigh on Sunday, November 22, 2015. The 8000-square-foot restaurant will be leased to its neighbor Bida Manda. Plans are underway to open a brewery, dim sum restaurant, florist shop and bookstore in the space next year.
Tir Na nOg says goodbye
Wendell Falls project back on track
Hearing for Treasury secretary goes off the rails after Republican suggests Democrat needs a Valium
Gas leak on Raleigh's Capitol Boulevard causes traffic snafus during Thursday morning commute.