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It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ago, Redfin found, one of the largest leaps in home prices since October 2022. The average 30-year fixed mortgage rate hit 7.1 percent this week, the highest it’s been since November 2023. Mortgage rates dipped briefly at the end of last year after the Federal Reserve signaled it would cut interest rates this...

An UdeM study unveils fresh insights into how Neanderthals and Homo sapiens organized their living spaces at the Riparo Bombrini site in northern Italy.How did our Paleolithic ancestors go about organizing their living spaces?...far from being more primitive, Neanderthals did much the same as their Homo sapiens successors: made themselves at home.Analyzing artifacts and features of the Protoaurignacian and Mousterian levels of the Riparo Bombrini site in northwestern Italy, the scientists uncovered common patterns of settlement between the two populations.By mapping the distribution of stone tools, animal bones, ochre, and marine shells across the surface of the site, they were...

(NEXSTAR) — Decades ago, buying a home for $100,000 or less was the norm. Today, you need to earn at least $100,000 just to afford a “typical” home, according to a new analysis. Data tracked by the Federal Reserve Bank of St. Louis shows the average sales price for homes sold in the U.S. was $492,300 last quarter, down from $552,600 a year prior. While there are signs of improvement, home sale prices are nowhere near where they were 40 years ago: in Q4 of 1984, the average sales price for houses sold nationwide was $97,800.

The Democrat mayor of Atlantic City’s home was raided by armed police officers last week in what he now calls a “political” attack as police investigated a “family matter.” Mayor Marty Small Sr. said Monday he was approached by two Atlantic City Prosecutor’s Office officers while he was helping his mother-in-law into the car so his wife could take her to get bloodwork done at around 8:30 a.m. on Thursday, Fox 29 reports. The officers then presented him with five search warrants on Small’s home and vehicles as part of an ongoing investigation the mayor said he had been aware...

New York’s most notorious squatting story is taking a new twist: The “squatter” at the center of it says he’s the victim — and will get out once he is paid for “upgrades” to the house. Range Rover-driving Brian Rodriguez told The Post he wants $18,000 to hand back the home in Flushing — and claimed all he was doing was trying to start a “side hustle” to cash in on the migrant crisis. The bizarre saga began when Adele Andaloro was handcuffed by police after a fiery caught-on-camera standoff as she tried to throw out squatters from the $1...

A “greedy and grotesque” LA woman has been sentenced to 20 years behind bars for fraudulently obtaining real-estate property in a multimillion-dollar squatting scheme that included dismembering and disposing of a body. Caroline Joanne Herrling, 44, of West Hills was sentenced Friday to 240 months in federal prison and ordered to pay $3,887,051 in restitution for the elaborate racket, the US Attorney’s Office for the Central District of California said in a statement. “This defendant’s misconduct was both greedy and grotesque, causing profound pain to the victims and their loved ones,” US Attorney Martin Estrada said.

Most Americans still dream about owning their own home but over 60 percent don’t think they will ever be able make that dream come true, according to a new survey from market research firm The Harris Poll. The 2,047-person survey shows while 81 percent of U.S. adults would like to own a home in the future, 61 percent don’t think they will ever be able to do it. A sizeable number of Americans — 42 percent — believe that no matter how hard they work they will never be able to afford a home they really love. For most Americans,...

CAR RAMS INTO XI JINPING’S HOME Footage shows the driver being carried away by Chinese securityservices after the car plowed into the main entrance to the RoyalPalace, where Xi’s main office and residence are located. It’s unknown if it was an intentional attack or an accident. (30 second video in link below)https://twitter.com/MarioNawfal/status/1766739014453715208

Six people, including four kids, were gunned down in a mass shooting inside a Canadian home overnight, cops said Thursday. Police made the grim discovery inside a townhouse in Ottawa’s Barrhaven neighborhood after a flurry of 911 calls shortly before 11 p.m., CBC News reported. One injured person was rushed to a hospital, while a man was arrested at the scene. Ottawa Police Chief Eric Stubbs described the horror as a “mass shooting.

SALINE COUNTY, Ark. – Deputies said an armed burglary suspect was shot by a Saline County man returning home Tuesday when he saw the suspect draw a weapon as he left the man’s house. Officials with the Saline County Sheriff’s Office said deputies responded to a call of shots fired at the home in the 10000 block of East Sardis Road. When they arrived, the deputies said they found the homeowner, who told them he had called 911. The man said he saw the suspect coming out of his house pointing a firearm at him. The homeowner then said he...

Top Mayor Eric Adams aide Winnie Greco is being investigated by the feds for potentially using workers at a Queens mall to hide campaign donations to Hizzoner, law-enforcement sources told The Post on Friday. The FBI launched raids Thursday on two homes Greco owns on Gillespie Avenue in Pelham Bay in The Bronx — as well as the offices of the New World Mall in Flushing — over the alleged possible illegal straw donor scheme, sources said. The 61-year-old longtime mayoral adviser suffered a “medical episode” during the morning raids — which included federal agents hauling off boxes of files...

A New York City couple’s plan to move into a $2 million dream home to retire in with their disabled son has become a “nightmare” as they battle a squatter who claims he had an agreement with the previous owner. Susana and Joseph Landa, both 68, purchased the home next to family members in the quiet New York City residential neighborhood of Douglaston, Queens, in October 2023, ABC 7 reported. Close to relatives, the location was perfect for their son Alex, who has Down syndrome and could be easily looked after if something was ever to happen to the couple....

California could allow undocumented residents to qualify for new state backed home loan program

The astronomic rise in mortgage rates and spike in home prices over the past year has pushed a key tenet of the American dream out of reach for millions of families. Now, there is another obstacle to homeownership: higher home insurance premiums. The average cost of home insurance for a $300,000 property in the U.S. surged 12% in 2023 to roughly $1,770 per year, according to a new report published by Insurify, an insurance comparison website headquartered in Massachusetts. However, home insurance is even more expensive in states plagued by severe weather and other climate-related catastrophes. In fact, as the...

Existing home sales fell to their lowest point in 28 years in 2023, while the median price of a home reached a record high, according to a new report from the National Association of Realtors (NAR). Sales of previously owned homes dropped to 4.09 million last year, marking the lowest annual level of home sales since 1995, the report found. The median price of an existing home, on the other hand, rose to an all-time high of $389,800. Home sales fell 1 percent last month alone and fell 6.2 percent compared to December 2022, to a seasonally adjusted annual rate...

How the year will shape up in the housing market isn’t yet clear, but there are some predictions that things will ease up for homebuyers. We may see interest rates fall and inventory increase. But just because things could be easier on buyers this year doesn’t mean sellers are necessarily in for a tough time. Indeed, better days could be ahead, as some real estate experts anticipate housing sales to pick up in 2024. Rather than getting ahead of ourselves with predictions on what prospective sellers can expect in the housing climate in 2024, let’s back up a bit and...

The media U.S. mortgage payment was down nearly $400 in December from its October peak, enticing some homebuyers back into the market, according to a Thursday report from real estate group Redfin. The median mortgage payment was $2,361 for the four week period ending in Dec. 31, Redfin found. That’s $372, or 14 percent, less than it was in October and the lowest average monthly payment in nearly a year. The weekly average mortgage rate, which hit a 23-year high of 7.79 percent in October, also fell to 6.61 percent at the end of December after the Federal Reserve signaled...

Rep. Marjorie Taylor Greene (R-Ga.) said someone reported a fake crime at her home on Monday, the latest in a series of apparent swatting incidents that have targeted her. “I was just swatted. This is like the 8th time. On Christmas with my family here. My local police are the GREATEST and shouldn’t have to deal with this,” she said in a post on X, formerly known as Twitter. Greene added that she appreciates the local police and her family is in “joyous spirits” c toelebrating Christmas.

On Wednesday’s broadcast of “CNN This Morning,” White House National Economic Council Director Lael Brainard argued that the economy is better off than it was before, but home affordability challenges are still “very great,” and that people are also upset about healthcare costs and junk fees. After Brainard stated that the economy is better off than it was a year ago, two years ago, and three years ago, co-host Poppy Harlow asked about people who feel Bidenomics isn’t working, especially on housing prices. Brainard responded, “We are very focused on a few areas where affordability is still a challenge for...

A woman was arrested on Thursday after dousing Martin Luther King Jr.'s birth home in Atlanta, Georgia, with gasoline during an attempt to set the home on fire. The 26-year-old woman, whose name has not been released, is charged with criminal attempt to commit arson and criminal attempt to damage government property. She could also face federal charges in connection with the incident. Atlanta police officers responded to Martin Luther King Jr.'s birth home shortly after 5:45 p.m. on Thursday following reports of vandalism. Atlanta Police Chief Darin Schierbaum told reporters that two tourists from Utah told officers they observed...