Real Estate News

Business

Smaller Amazon Go store tested in Seattle as retailer eyes new venues

Amazon continues its experiments with new physical retail formats and technologies, this time with a shrunken version of its no-checkout convenience stores.

Business

Downtown LA’s latest retail renaissance? Broadway’s burgeoning ‘Sneaker Row’

LOS ANGELES – USC freshman Mahmood Alfayoumi, 18, had heard about "Sneaker Row" in downtown Los Angeles, but even this seasoned fan of athletic footwear wasn't prepared for what he found.

Most homeowners want to own their homes free and clear. For some, that means using a raise, inheritance or savings to pay off their mortgage early. But this seemingly responsible move may not always be in your best financial interest.

Business

Real estate Q&A: Yes, probate is tricky – but you can make it easier

Q: I inherited two lots in Florida from my mother who recently died. Her estate was probated in South Carolina, and she left everything to me. The Florida tax bills still show the property is in her estate. How do I transfer the lots to my name? – Barbara

Business

Kendall Little: 7 safe investments with decent return

Fixed-income investments play an important role in an investment portfolio. Returns are relatively predictable, and they're usually much less risky than stocks.

Business

More millennial homebuyers? Digital brokerage bets on it

The founder of a fast-growing mortgage lender is launching a tech startup in San Diego, hoping to help millennials and other tech-savvy buyers find houses within their budgets.

Business

Housing has peaked. Here are the reasons the market has cooled.

The housing market is one of the key sectors in the economy. When housing booms, many segments of the economy are pulled along. But this sector is now slowing.

Business

Changes to Seattle’s single-family zoning could improve housing picture, city report says

The single-family zoning that dominates Seattle has priced people who aren't rich out of most of the city's neighborhoods, is contributing to income and racial inequality, and has forced the city's booming population to crowd into small pockets of the city, a new planning-commission analysis concludes.

Business

‘It’s so much better here’: Tenants who followed Bay Area landlord to Colorado aren’t looking back

The first snow dusted Colorado Springs in late October.

Business

The Mortgage Professor: Retiree’s dilemma: Deprive self or risk destitution?

A retiree of 64 has $1 million in her 401(k) common stock fund and expects a long lifespan. Her conundrum is deciding how much she can draw from the fund every month without worrying about running out while she is still alive. Existing options for coping with the conundrum are poor.

Business

Matthew Goldberg: 4 things you need to know about the yield curve

Forecasts are everywhere.

Business

Real estate Q&A: Can we separate taxes, insurance from mortgage payment?

Q: We want to separate our taxes and insurance from our mortgage payment, but our mortgage servicer says no. It did not collect enough to pay our taxes, and now there is a shortage. We want to prevent this in the future. Is the servicing company right? – Tania

A flag flies amidst the remains of Jerry and Joyce McLean’s home Wednesday, Dec. 5, 2018, in Paradise Calif. Some residents of a California town devastated by a catastrophic wildfire nearly a month ago were finally allowed to return home to sift through the charred remains in search of precious family heirlooms, photos and other possessions. A long line of cars waited in a cold drizzle at a checkpoint on their way to neighborhoods on the east side of Paradise.

Business

How Northern California’s destructive wildfires could exacerbate the state’s housing crisis

Northern California's recent wildfires have burned homes at a greater pace than developers are building them, deepening a housing shortage that already has left millions struggling to find affordable places to live.

The Wake County school system wants to expand its administrative office space at Crossroads Corporate Park in Cary.
Courtesy of Galen Neilly

Politics & Government

Wake County schools looking for new school sites, more administrative space

The Wake County school board has agreed to buy 27.83 acres at 9305 Creedmoor Road in northwest Raleigh for use as a future school. The school board has also agreed expand how much office space it leases at Crossroads Corporate Park in Cary.

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.

Real Estate News

Trending Stories

Top Photos

Subscriptions

Learn More

Advertising