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2 Midwest cities rank among top 5 cities for first-time homebuyers in recent list
A recent listing from ConsumerAffairs ranked two Midwestern cities near the top of a list of the country’s best cities for first-time homebuyers, with 11 different metrics used to determine the rankings.
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Illinois city ranks among top 5 for first-time homebuyers
The report, released by ConsumerAffairs, analyzed America’s 150 largest cities by 11 different metrics to compile the list
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Tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects
Shopping for a new home? Ready to renovate your kitchen or install a new deck? You’ll be paying more to do so. The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in...
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How much home $300,000 buys you in every US state — in Hawaii, it's about as much space as a shipping container
A $300,000 homebuying budget can get you four times more space depending on which state you live in.
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Civil rights complaint filed against 165 Chicago-area realtors, brokerages
The complaints accuse realtors, brokerages and landlords of breaking Illinois law, discriminating against housing voucher holders
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Over 160 housing discrimination complaints filed against local real estate agents, landlords
A civil rights watchdog group has filed 165 housing discrimination complaints against Chicago-area real estate agents, brokerage firms and landlords, accusing them of illegally discriminating against tenants. NBC Chicago’s Courtney Sisk reports.
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Democratic senators request Pentagon action as military housing costs skyrocket
Lawmakers want to know whether landlords’ higher rents are based on a technology being probed by prosecutors.
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New building offers accommodating homes for visually impaired residents
An affordable housing complex in Chicago designed to accommodate visually impaired residents have quickly made a significant difference in the lives of residents.
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Affordable housing complex designed to accommodate visually impaired residents
An affordable housing complex in Chicago designed to accommodate visually impaired residents has opened up. NBC Chicago’s Regina Waldroup reports.
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US Justice Department accuses six major landlords of scheming to keep rents high
The lawsuit accuses the landlords of sharing sensitive data on rents and occupancy with competing firms via email, phone calls or in groups.
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The housing market is heading into 2025 with a worrying supply trend
More than half of homes for sale in November had sat on the market for at least 60 days without going under a contract of sale.
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As older Americans downsize, over 20 million homes could become available—but they're not where young people want to move
“Empty nesters” downsizing isn’t likely to be the solution to the housing shortages facing major U.S. cities, recent Zillow research finds.
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3 families move into new homes ahead of Christmas
Three local families moved into new homes ahead of the Christmas holiday this week.
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These are the top 10 ‘housing hot spots' for 2025 — none are in Florida
It’s too soon to tell if 2025 will be a housing market favoring buyers or sellers. But some areas could offer affordable conditions, according to experts.
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More Americans are living in malls, as developers get creative to help ease the housing crisis
Real estate developers are building housing inside of or next to shopping malls as department stores like Macy’s, JC Penney and Sears shrink or cease to exist.
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Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.
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The most you should pay for housing if you earn $80,000 a year
Ideally, someone earning $80,000 would spend less than $2,000 a month on housing, but with rising costs, that’s often not realistic.
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Private equity landlords' screening process discriminated against renters, lawsuits contend
Inaccurate tenant histories can add to the many woes renters face finding homes.
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Here's what the Trump presidency could mean for the housing market, experts say
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.
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Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.