Real Estate News

Business

Natalie Campisi: 3 reasons Americans count on their homes after retirement

Retirees who own their homes outright are often at an advantage over their renting – and retired – counterparts. There are two reasons for this: their housing costs are generally lower and they have access to safety-net cash in the form of home equity.

Business

Kendall Little: When stocks tank, retirees confront urge to flee

October 2018 was a dispiriting month for American investors.

Business

For California fire victims, it will be a long, tough road to rebuild

The fires that tore through California in the past week have reduced homes to ash, upending lives and leaving thousands in sudden need of shelter. But beyond the immediate challenges of finding a place to live in a state with a perpetual shortage of housing, property owners could face a number of challenges in trying to rebuild.

Business

The Mortgage Professor: Many reasons to refinance

Should I refinance?

Business

Twin Cities remain a strong draw for apartment developers

MINNEAPOLIS – Developers are on track to build a near-record number of rental apartments in the Twin Cities.

Business

Can I sell my home to my daughter for $1?

Q: I want to sell my home to my daughter for a dollar. Is this something I can do myself, or do I need to see a lawyer? – Carolyn L.

Business

Mary Wisniewski: Cashless retailers are becoming more common – and it’s triggering a heated debate and some rebellion

If you're buying an ice cream at Van Leeuwen, a taco at Dos Toros or a salad at Sweetgreen, you might encounter something unexpected when it's time to pay: your cold hard cash getting declined.

Business

World’s largest dorm-style ‘co-living’ apartment building coming to San Jose

The latest trendy new apartment building coming to downtown San Jose will offer plenty of luxury amenities, including cleaning services, laundry and dog walking. The catch? Each resident will share a kitchen and living room with at least a dozen other strangers.

Business

Beyond Craigslist, roommate match programs make use of extra space: ‘She made my house a home’

Stefanie Clark knew it was a good roommate match when their first breakfast together in late 2017 was full of laughter.

Business

Neighborhoods of million-dollar homes are growing across the country

Million-dollar home sales are booming in North Texas.

Business

Real estate Q&A: How can I help my children avoid probate after I’m gone?

Q: I live in a condo in a 55+ community and want to help my children avoid probate when I eventually pass away. What should I do? – Sheryle

Business

The Mortgage Professor: What shell collecting can teach about investing

Are rare seashells a good retirement investment?

Business

Katherine Reynolds Lewis: 7 ways the Fed’s decisions on interest rates affect you

When the Federal Reserve raises interest rates, you feel it.

Lantower Residential recently bought the Weston Corners Apartments for $73.9 million from Woodfield Development.

Business

Texas real-estate company buys Cary apartment complex for nearly $74M

Lantower Residential bought the Weston Corners Apartments in Cary from Woodfield Development for $73.9 million. The company also owns the BullHouse Apartments near the Durham Bulls Athletic Park and the Realm at Patterson Place.

Myrtle Beach residents fill sandbags ahead of Hurricane Florence

Local

$1 trillion in homes sit in the path of Hurricane Florence

Homes across the Carolinas and Virginia, all valued at $1 trillion are at risk of damage as Hurricane Florence heads toward the East Coast, according to Zillow and NOAA.

Local

Growth in western Cary is booming

Just 18 percent of the land within Cary remains available for development. With the town out of room to the north, south, and east, the west is Cary's last frontier for expansion.

Local

North Raleigh mansion sold in July 2018 breaks sales-price record for Wake County

The house at 1624 Morning Mountain Road near Falls Lake in North Raleigh sold for $5.5 million in July 2018. The buyer was not revealed, but the address is the same as that of Eli Global, a firm founded by Durham resident Greg Lindberg.

Carolina Hurricanes

Take a look inside Rod Brind’Amour’s North Raleigh mansion

Rod Brind’Amour, the coach of the Carolina Hurricanes, is selling his North Raleigh mansion for $3 million. Here's a look inside.

SciTech

Sea level rise has already sunk Carolinas beach property values — by $1.6 billion, study finds

Scientists found $7.4 billion has already been lost in home values across North Carolina, South Carolina, Virginia, Georgia and Florida because of sea level rise flooding. First Street Foundation scientists created a sea level rise flooding prediction tool so people can find out which coastal properties lost value.

The Wake County school board is buying much of the area shown in green for a new elementary school and middle school near Woods Creek and Friendship roads in the Apex/Holly Springs area.

Local

A new elementary school and a new middle school will be coming to southern Wake County

The Wake County school board has agreed to pay $2.8 million to Duke Energy Progress for 71 acres near the intersection of Woods Creek and Friendship roads. Wake plans to build an elementary school and middle school there.

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