Pending Home Sales Rise for Fourth Straight Month as Buyers Adapt to Higher Mortgage Rates
David Paul Morris/Bloomberg via Getty ImagesPending home sales rose in November despite higher mortgage rates and lingering affordability challenges, as buyers took advantage of growing supply.Signed contracts for existing homes increased 2.2% last month from October, in the fourth straight month of
The Data-Center Boom Eats Up a Lot of Land. Atlanta Says It’s Gone Too Far.
Prince Williams/WireImageAdair Park, a spit of land just southwest of this city’s downtown, is a neighborhood on the rise. Part residential, part industrial, it sits next to a train station and the popular Beltline walking trail. Developers have trickled in to turn empty lots and run-down buildings
The Salary Needed To Buy a Home in America’s 5 Most Expensive Cities
Justin Sullivan/Getty ImagesMost people are aware of the 30% rule of thumb, which recommends no more than that much of a household’s income should be spent on housing.But, in much of the country, the typical homebuyer would need to spend more than the recommended 30% of annual household income to af
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