Rental housing designed to stress your budget, a municipal fine against Elon Musk that is not stressing his wallet and a Chinese property developer who is stressing investors. From the wild and woolly world of real estate, here are the hits and misses for this week....
The Malibu, California-based site of a former rehabilitation center that received international attention for treating celebrities dealing with addiction, exhaustion and other self-induced health issues has been listed for sale at $19.9 million. PopCrush.com reported...
Nearly one in 10 U.S. homes are worth $1 million or more, according to new data from Redfin (NASDAQ:RDFN). “The supply shortage is making many listings feel hot,” said Redfin Economics Research Lead Chen Zhao. “In most of the country, expensive properties that are in...
The July median home price in the Mid-Atlantic region – defined as Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia – was $400,000, up 3.9% year-over-year and the strongest price growth since January. According to data...
Goodyear (NASDAQ: GT) has partnered with the Akron, Ohio-based nonprofit The Well CDC to revitalize the iconic Goodyear sign that shines over the company’s former Akron headquarters, which is now the mixed-use development Goodyear Hall. The Goodyear sign has not...
Truist Financial Corp. (NYSE: TFC) and Truist Foundation announced a $15 million program to support affordable housing in North Carolina. According to Charlotte-headquartered company, there will be a $15 million equity investment from Truist Community Capital in the...
