When it comes to pain and stress, selling your home ranks right up there with divorce and changing jobs. It doesn’t matter if you are selling your starter home or if you’ve been through this before, expect a lot of pain and frustration as you trudge through the process. And if you have a mortgage or a reverse mortgage on it, it will definitely make the process longer.
Real estate database company Zillow is warning that nearly 1.9 million homes in the United States could be flooded by the end of the century. That’s about two percent of the nation’s total housing stock, amounting to $882 billion in value.
Housing costs are out of whack with incomes across the country, making the task of finding an affordable place to live a real struggle, even for many full-time workers.
Private-Equity firm Blackstone Group is planning to acquire Market Center in San Francisco, a 720,000 square-foot complex that consists of a 21-story tower and a 40-story tower.
What would you do if you couldn’t afford to pay rent in the city of your dreams?
According to the broker, it’s the cheapest home on the market in San Francisco, and it’s an unlivable shack.