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Why federal support for tiny homes could be a game changer

As homelessness continues to rise nationwide, one nonprofit is pushing for a paradigm shift. DignityMoves, a San Francisco-based organization, has been leading the charge for what its founder and CEO Elizabeth Funk calls “interim supportive housing.” These cost-effective tiny home communities aim to help individuals stabilize their lives while waiting for permanent housing options that are often...

Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery

The communities engulfed in the Los Angeles-area wildfires continue to recover and pick up the pieces. And representatives of Los Angeles County have signaled they want to provide specific guidance for impacted reverse mortgage borrowers to navigate issues that arise with these loans in disaster areas. The county’s Aging and Disabilities Department will host a special event on Saturday, May 10. The...

Lenders witness surge of mortgage demand this week

It’s probably too early to get excited, but several lenders reported that mortgage demand climbed to 2022 levels this week. After months of hovering in the high 6% range—and most recently dipping to 6.84%— declining mortgage rates may finally be luring buyers back. Applications rose 11% last week, according to the Mortgage Bankers Association (MBA), as mortgage executives report renewed activity...

Deadline looms in Minnesota property tax forfeiture lawsuit

Thousands of Minnesota residents who lost homes over property taxes may now be eligible for compensation, following a landmark U.S. Supreme Court ruling and a resulting $109 million class-action settlement fund. The case began with Geraldine Tyler, a 94-year-old Minneapolis woman who owed $15,000 in property taxes on her condominium. In response, Hennepin County, Minnesota, seized the property, sold...

eXp Realty launches land and ranch division

eXp Realty has launched a new land and ranch division to serve real estate agents who specialize in rural, agricultural and recreational properties, the company announced this week. The new division is designed to support agents working in a growing sector of the housing market with tools tailored to land and ranch transactions. “Our launch of the Land & Ranch Division is yet another example...

5 New Kitchens With Island Design Ideas (10 photos)

Basic rectangular shapes dominate kitchen island designs. While there’s nothing wrong with the straightforward approach, it might not be the right setup for your space or lifestyle. To think outside the box — or rectangle — consider these five kitchens with personalized island designs that enhance...

U.S. Vacation Home Sales Fall to Lowest Level Since 2018

Demand for vacation homes is falling fastest in Florida A new Redfin report reveals that American appetite for vacation homes has continued its steady decline, reaching the lowest point in at least six years. In 2024, U.S. homebuyers took out just 86,604 mortgages for second homes--often used as vacation properties -- marking a 5% drop from the previous year and the lowest level since Redfin began...

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