As housing prices continue their relentless ascent and interest rates hit record highs, a new trend has emerged among younger generations eager to embrace unconventional solutions to secure their slice of the American Dream. Dubbed “house hacking,” this practice involves renting out parts of owned properties to generate additional income, such as a sublet to
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This looks like a good fit for FiDi: Health-club chain Fitness International signed one of the year’s biggest retail leases at AmTrust RE’s 58 Maiden Lane — a three-level, 36,650 square-foot home for a new “Club Studio” concept. The club will provide “next-level” amenities and boutique fitness classes together in a single, state-of-the-art facility — including
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In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates make affordability difficult. The term “house hacking” refers to the practice of renting out a portion of your home or
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Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year.
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