They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply. As the economy improves, workers are moving out of shared living situations and looking for their own homes. In addition, the housing market is so expensive
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The economy is improving from the worst of the pandemic, but the situation for struggling renters isn’t. For the last six months or so, more than 11 million renters have reported being behind. That lack of progress is largely due to how slow states have been to get federal rental assistance out to people in
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Bzzz bzzz … Bee-yoncé is raising bees. Beyoncé’s fans have long identified as “the Beyhive,” but the legendary singer now has her own real-life beehives at home, she told Harper’s Bazaar for its September issue. “Now I’m building a hemp and honey farm. I’ve even got hives on my roof!” she said. She didn’t specify
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In this article CWK The CEO of commercial real estate brokerage firm Cushman & Wakefield told CNBC on Wednesday he’s seeing encouraging signs in the office market as it overcomes significant coronavirus-related disruption. “We lost about 2.9 million office jobs in April, May of last year. We’ve recovered 2.2 million of those jobs and we
Homes in the North Park neighborhood of San Diego, California. Bing Guan | Bloomberg | Getty Images After falling steadily for a month, demand for mortgages to purchase a home rose slightly last week. Coupled with a continued increase in refinancing, total mortgage application volume rose 2.8% for the week, according to the Mortgage Bankers
She made it nice! Ex-“Real Housewife of New York City” Dorinda Medley is renting her beloved Blue Stone Manor in Great Barrington, Massachusetts, on Airbnb for two nights only, asking $100 a night. Medley is famously attached to the nine-bedroom, 11,000-square-foot home, which was a $2.115 million gift from her late husband, Richard Medley, when
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