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Remains of US soldier who went missing during military exercises in Morocco have been recovered

Remains of US soldier who went missing during military exercises in Morocco have been recovered

The U.S. military says that the remains of a U.S. Army soldier who went missing during military exercises in Morocco a week ago have been recovered
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Inflation's Impact on Home Equity: A Study of U.S. Metropolitan Areas

Inflation's Impact on Home Equity: A Study of U.S. Metropolitan Areas

Inflation's Impact on Home Equity: A Study of U.S. Metropolitan Areas
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Urban New-Construction Homes in U.S. Command High Price Premiums

Urban New-Construction Homes in U.S. Command High Price Premiums

Urban New-Construction Homes in U.S. Command High Price Premiums
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Durham, NC: A Hidden Gem Among Underrated U.S. Destinations

Durham, NC: A Hidden Gem Among Underrated U.S. Destinations

Durham, North Carolina, has emerged as one of CNN's 25 most underrated U.S. destinations, showcasing its transformation from a tobacco factory town to a vibrant hub of science, arts, sports, and entertainment. The city boasts a revitalized downtown and the reimagined American Tobacco Campus, offering visitors a mix of cultural and recreational activities. Highlights include the Durham Bulls minor league baseball games, the Duke Lemur Center, and a thriving craft brewery and distillery scene. Durham's turnaround over the past 25 years has made it a must-visit destination for those seeking a blend of history, innovation, and leisure.
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Rising Costs Prompt Floridians to Leave 'Tax Haven' State

Rising Costs Prompt Floridians to Leave 'Tax Haven' State

Florida, once considered a tax haven due to its lack of state income tax, is seeing an exodus of residents like Lorraine English, who moved to North Carolina. The state has become less attractive due to rising property taxes and insurance premiums, exacerbated by frequent natural disasters. Florida's property taxes, although capped by the Save Our Homes Amendment, have increased significantly, making housing less affordable. Insurance costs, particularly for homeowners, have surged due to factors like insurance fraud and inflation in construction costs. This has led many residents to seek more affordable living conditions in states like Georgia, Texas, and North Carolina.
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Urban New-Construction Homes Command Massive Price Premiums, Impacting Affordability in U.S. Cities

Urban New-Construction Homes Command Massive Price Premiums, Impacting Affordability in U.S. Cities

A recent analysis by Realtor.com reveals that newly constructed homes in urban areas across the United States are significantly more expensive than existing homes, exacerbating affordability issues. The report highlights that only 10% of new-construction homes are located in urban areas, compared to 30% of existing homes. This scarcity is driving up prices, with the median listing price for new urban homes reaching over $738,000, a 78.4% premium over existing homes. Miami stands out with a 300% premium for new urban homes, where the median price exceeds $2.57 million. Other cities like North Port-Bradenton, Tampa-St. Petersburg, and St. Louis also show high premiums. The report suggests that the limited supply and high demand are creating a structural deficit in the housing market.
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Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting

Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting

By Nolan D. McCaskill WASHINGTON, May 11 (Reuters) - Democrats will win control of the U.S.
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U.S. Housing Market Faces Persistent Challenges Amid Inventory Squeeze

U.S. Housing Market Faces Persistent Challenges Amid Inventory Squeeze

U.S. Housing Market Faces Persistent Challenges Amid Inventory Squeeze
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Lawmakers Consider Indexing Capital Gains to Inflation, Impacting Homeowners' Equity

Lawmakers Consider Indexing Capital Gains to Inflation, Impacting Homeowners' Equity

Lawmakers Consider Indexing Capital Gains to Inflation, Impacting Homeowners' Equity
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Why millions of Americans pay for unfinished electricity projects

Why millions of Americans pay for unfinished electricity projects

By Tim McLaughlin BOSTON, May 9 (Reuters) - Millions of Americans are unknowingly financing electric grid projects before they get any benefit.
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New Study Highlights Premiums on Urban New Builds Across U.S.

New Study Highlights Premiums on Urban New Builds Across U.S.

New Study Highlights Premiums on Urban New Builds Across U.S.
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Realtor.com Study Reveals High Premiums for New Urban Homes in U.S. Cities

Realtor.com Study Reveals High Premiums for New Urban Homes in U.S. Cities

A recent study by Realtor.com highlights the significant price premiums associated with newly built homes in urban centers across the United States. The research indicates that these new constructions are priced 78.4% higher than existing urban homes. This disparity is attributed to the limited availability of new homes in urban areas, where only about 10% of new constructions are located, compared to nearly 30% of existing homes. The study identifies Miami as the city with the highest premium, where new urban homes are listed at a median price of $2.58 million, a 461.8% increase over existing homes. Other cities with high premiums include St. Louis, Detroit, and Chicago. The findings underscore a growing demand for urban housing amidst a chronic supply shortage.