Tag: Living/Lifestyle
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I’m a recent widow. I’m building a house on my son’s and daughter-in-law’s land. Do I have legal ownership? What if they decide to sell, divorce, or die before me?
Dear MarketWatch, My son and daughter-in-law just moved into their new home, which is on a one-acre lot. They want me to move nearby, as I lost my spouse recently. My dilemma is this: Construction has already begun on a small one-bedroom house for me, for which I am paying cash. What if they decide ... -
‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market
Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish. Amid the heat and the occasional rain, there’s a mad scramble to rent affordable apartments in Gotham, which has been undersupplied for many years. Real estate agents describe the mayhem when it comes to prices. ... -
‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market and more than half of Americans are living paycheck to paycheck, making them more vulnerable to recession
Hi, MarketWatchers. Don’t miss these top stories. ‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession People living paycheck to paycheck were more likely to have experienced financially distressing events at some point over the last three years. Read More ... -
My family owns a house that’s split among my father and his three siblings. He spent $100,000 on renovations and wants to buy his siblings out. What can he do?
There’s been a property in our family going back decades. It was actually split into four equal parts among the original owners, who have now all passed away. So the kids of the owners have the rights to the property. They each have 25%. My grandma and her son (my uncle) were living there rent-free ... -
‘Not one sibling wants to pony up the money to purchase the property’: My father owns a family home with 3 siblings. He spent $100,000 on renovations. Can he force them to sell?
There’s been a property in our family going back decades. It was actually split into four equal parts among the original owners, who have now all passed away. So the kids of the owners have the rights to the property. They each have 25%. My grandma and her son (my uncle) were living there rent-free ... -
‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash
‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash The U.S. housing sector is losing steam amid rising rates, which is spooking some would-be home buyers, according to various reports. The housing sector’s been red-hot for months ... -
I put $200,00 towards a down payment for a condo with my boyfriend. He is on the title, but not on the mortgage. How do I protect my equity investment now?
Dear Quentin, I recently sold my condo and put the equity earned (over $200,000) towards a new condo I own with my partner. My partner — we are not married — is on title, but not on the mortgage. He pays half of all expenses monthly without fail. What would be the best way to ... -
New research casts doubt on rent control as a way to help the poor and a Chicago official applied for a Section 8 housing voucher in 1993, but only now ‘made it to the top of the waiting list’
Hi, MarketWatchers. Don’t miss these top stories. Reddit Co-Founder Alexis Ohanian Selling Brooklyn Condo for $2.3M Reddit co-founder Alexis Ohanian is ready to sell his Brooklyn apartment. It’s now available for $2,295,000. Read More New research casts doubt on rent control as a way to help the poor: ‘Tenants who gained the most from rent ... -
After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay.
There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the housing market is finally showing signs of cooling — in terms of demand and sales, if not those persistently high prices ... -
‘Celebrating that your job gets to live in your house rent-free’: Remote work has fueled U.S. house prices during the pandemic — so what happens when people return to the office?
Remote work has played a big part in the rise in house prices in the U.S. during the first two years of the pandemic, but just how much? Many fortunate people have had the freedom to live wherever they choose during the pandemic. John Mondragon, an economist at the Federal Reserve Bank of San Francisco ...
