Columbus, OH

Axios

Ditching his first home in suburban Minneapolis for a bigger one nearby more than doubled Michael Vennerstrom's mortgage rate, but he's OK eating the cost. Why it matters: Even this expensive housing market can't stop a young family running out of bedrooms or a Baby Boomer who's tired of cleaning an empty nest.

Why some homeowners are leaving their low mortgage rates behind

Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. Property taxes and home insurance rates are rising, influenced by inflation and the increase in catastrophic weather events. More than...

Home valuations are rising faster than incomes. Here's why that could hurt homeowners' wallets

The Motley Fool

Owning a home during retirement might seem like a more financially stable option than renting. But learn why renting could be a great idea for retirees, too.

Is It Safe to Rent Your Home During Retirement?

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Historically speaking, 4% mortgage rates...

Will Mortgage Rates Ever Be as Low as 4.00% Again?

Georgia State

The pandemic sent the U.S. housing market into a spiral. Skyrocketing demand, inflation, rising interest rates, and dwindling supply have resulted in higher home prices. However, some housing markets in the South and Gulf areas are pretty “cool” at the moment. While no U.S. housing market has been immune to high home prices and rising interest rates, owning homes in these regions faces an additional hurdle. Homeowners’ insurance premiums have risen, which has made owning a home in these areas more expensive.

In Less Than a Year, You’ll Regret Not Having Bought Property in These 20 Housing Markets

Fox Business

If Fed rates don't decrease by at least 75 basis points soon, untapped home equity potential could serve as the "lifeline" for the U.S. economy, according to Meredith Whitney.

Expert who predicted 2008 mortgage crisis reveals the housing ‘lifeline’ if market doesn’t get moving

DC News Now

For years, real estate was considered a good investment. But is that still the case?

Is buying a home still worth it?

Ramit Sethi, self-made millionaire and star of Netflix's "How to Get Rich," says that renting is unfairly dismissed as "wasting money" because "it's going to a landlord" rather than building wealth. But when you pay rent, "you're not throwing money away," Sethi tells CNBC Make It. "You're paying for a...

You're not 'throwing away money' on rent, says self-made millionaire: 'I've made more renting than I would owning'

The US Sun

AMERICANS are rethinking their concepts of "dream homes" and "dream workspaces" as the housing market is increasingly growing out of reach for most. A recent poll of 2,000 American adults found that nearly 40% of people feel trapped in their current living situations due to the modern-day housing market. The...

Americans feel stuck in their homes as they ditch plans for ‘dream houses’ – soaring prices & ‘golden handcuffs’ blamed

Homeownership is supposed to be one of the true bastions of the American Dream, but for some, it's a nightmare. For many, buying a home will be the largest purchase they’ll ever make in their lifetimes. Experts continually say it will be worth it. But what happens when it isn’t?

Is Homeownership Even Worth It Anymore?

South Carolina State

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. It seemed as if everyone had the...

Here Are the 10 Most Affordable Southern U.S. Cities to Live In

Colorado State

Denver, CO

FinanceBuzz

Judged as the most laid-back cities in the nation, these are excellent choices for those who want to kick back, relax, and enjoy the fruits of their labor in retirement.

10 Cities for Retirees Who Want To Take it Easy

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Some experts believe Social Security benefits are losing buying power due to the way COLAs are determined, and the latest inflation data indicates that trend could intensify next year.

The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated. The Outlook for Retirees Remains Grim.

Bella Lin, 17, is the founder of GuineaLoft, a company that sells products for small pets, including guinea pig cages, bedding, food feeders and water bottles. In 2024, GuineaLoft has brought in an average of roughly $71,000 per month in revenue so far. That's up more than double compared to last year, when the company brought in $34,000 in average monthly revenue.

How this 17-year-old's Amazon side hustle brings in $409,000 a year

In its fiscal third-quarter report, Walgreens announced its plans to close a 'significant' amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027. This just the latest sign of trouble for the struggling retail pharmacy sector as CVS and Rite Aid both announced large closures in the past year. Watch the video above to learn why U.S. pharmacy chains are fighting for survival.

Why pharmacy chains like Walgreens and CVS are shuttering locations

Business Insider

Will it be easier to buy a house next year, and should we expect a housing market crash? Here's how to prepare based on housing market predictions for 2024.

Housing market predictions 2024: What homebuyers should know

Earlier this year, Sam Dogen quit his job. For most people, that wouldn't be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out. For one, it was his first gig since 2012. Dogen, 47, has lived as a retired, stay-at-home dad...

'Never quit your job,' says early retiree and self-made multimillionaire: Do this instead

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

GOBankingRates

According to Newsweek, millennials are driving a trend of young, self-made millionaires who break the mold of the traditional trust fund baby. Instead of relying on inherited wealth and old money,...

Top 5 States Where Rich Millennials Are Buying Homes, According to Real Estate Agents

NewsBreak

Why home payments are skyrocketing

More than 80% of recent homebuyers say they regret their purchase, according to a recent survey...

Why home payments are skyrocketing

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