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    Iryna Imago | Istock | Getty Images Ah, the joys of homeownership … until something breaks and there's no landlord to call. If you just moved into your new home or are in the market for a house, be aware that 77% of homeowners have dealt with an unexpected issue that required shelling out money for a repair in their first year of owning their house. That's according to a recent survey from insurance firm Hippo. Among first-time homebuyers, the share was slightly higher, at 81%. "Many homebuyers … are vastly unprepared for what's waiting for them as homeowners," said Courtney Klosterman, home insights expert at Hippo. More from Personal Finance:The 'money talk' couples should have before marriage8 in 10 consumers pay above sticker price for new carHere are 3 ways to spend your tax refund this year With demand for homes strong amid tight inventory and interest rates generally low during 2020 and 2021, home prices have been climbing unabated. The median price reached $350,300 in January, according to the National Association of Realtors. That's 15.4% more than a...
    Sherry Heffernan, 55, faces two murder counts and two weapons counts for allegedly stabbing to death her father, John Enders, 87, and the man's girlfriend, Francoise Pitoy, 75 A Pennsylvania woman has been charged with stabbing to death her 87-year-old father and his girlfriend at his luxury waterfront home at the Jersey Shore, where the bodies were discovered days after the killings. Authorities in Ocean County announced they arrested 55-year-old Sherry Lee Heffernan in Landenberg, Pennsylvania, on Monday.  Heffernan faces two murder counts and two weapons counts and was being held in Pennsylvania pending extradition to New Jersey. The woman is suspected of killing her father, 87-year-old John Enders, and his romantic partner, 75-year-old Francoise Pitoy, on September 29 at the man's $1.9million home in the 300 block of North 7th Street in Surf City, but the victims' bodies were not discovered until late Sunday afternoon, when police arrived to perform a welfare check.      Police said both victims had sustained multiple stab wounds, and Enders also was determined to have suffered a severed carotid artery and blunt force trauma. An...
    A new book has delved into President Joe Biden's sometimes fraught history on racial issues, revealing that in the 1970s he lived in a home with a restrictive deed banning black owners or occupants. The book by Politico reporter Ben Schreckinger, titled The Bidens, is due out next week, and one chapter explores the incident with the racist covenant, according to an advance copy obtained by Fox News.  Biden's father first purchased the home in Faulkland, Delaware in 1969, and Biden then swapped houses with his dad in order to remain within the council district he then served. Biden, now 78, lived in the home from August 1971 to October 1974, during his first campaign for US Senate. The house came with a 'restrictive covenant' that said it couldn't be 'owned or occupied by any Negro or person of Negro extraction.'  A new book has delved into President Joe Biden's sometimes fraught history on racial issues, revealing that in the 1970s he lived in a home with a racially restrictive deed From August 1971 to October 1974, Biden lived in...
    NAPA (KPIX) — A new real estate company is buying homes in single-family neighborhoods and reselling them to up to eight owners at a time. Neighbors in Napa Valley say it is making a bad housing crisis even worse. Rainier Avenue in Napa is a quiet, working-class neighborhood with 1,300-square-foot homes normally selling for about $700-800,000. But one was just purchased by a company called Pacaso that is offering the house for sale to up to eight buyers, each getting 44 days in the home and each paying $184,000 for their share. READ MORE: Arrow Attack On VTA Driver In San Jose A Possible Hate Crime The idea of offering a “time-share” vacation home in a suburban neighborhood isn’t sitting well with the neighbors. “It’s people that aren’t going to use the doctor here, the dentist here, their kids won’t go to school here. And they’re not paying transient tax,” said neighbor Cindy Ruff. “Rent a hotel, rent a condo, but not sneaking into our neighborhoods. This is where we live!” “Second home ownership is a problem in...
    New York : For: Pierina sanchez March 25, 2021 Just after the New Year, one of my neighbors approached me in great distress. He is in his 40s and has lived in our building for 15 years. He had received a letter saying that his lease will not be renewed and that he would have to leave the community that he has called home for decades. And she was not alone, many neighbors in our building received the same letter. Across the Bronx and upstate Manhattan, people were getting that letter, too. This story was heartbreaking, but unfortunately not unique. Today, our ZIP code leads the City in number of evictions filed * during * the State’s moratorium on evictions, with an estimated 2,500 families involved in an eviction case in the Northwest Bronx (estimated from this source). Here in the Bronx, 96% of our neighbors are renters. Before the pandemic, 70% of our households were just an income shock from being behind on rent (source) and therefore at risk of eviction. COVID-19 has made this precariousness...
    White people are evil and want to destroy an innocent black family in Amazon Prime’s Them, a new horror series that looks and sounds like a Jordan Peele production but in fact comes from executive producer Lena Waithe. Set to debut April 9, Them depicts a black family moving into their dream home in the then-all-white Los Angeles suburb of Compton, only to fall victim to their demonic white neighbors who are intent on terrorizing and ultimately destroying them. “This is how it begins. With one family,” says a blonde housewife (Alison Pill) before pouring sugar into the gas tank of their car. “They came from someplace worse. We’ll have to make this place worse,” she adds. Watch below: At a publicity event earlier this year, show creator Little Marvin explained his creative rationale for the series, which already has an order for a second season. “There’s no more quintessential part of the American dream than the dream of home ownership,” he reportedly said. “But, as you probably know, that’s been anything but a dream for black folks in...
    SAN FRANCISCO -- In the New Year, systemic racism has continued to force inequity in home ownership rates across the Bay Area, and Black families who are in a position to purchase a home often face discrimination.It is no secret that home ownership is a proven pathway to building wealth in the United States. But in a competitive housing market with some of the most expensive homes in the country, it is tough for Black Bay Area residents to buy a home to start the process."It was work, but it was exciting," said Paul Austin, a homeowner in Marin City.He and his wife Tenisha Tate Austin feel like they captured a slice of the American dream when they purchased their first home together in 2016.The couple secured an original Marin City pole home, but faced a number of challenges in obtaining the property.WATCH: How can the Golden State tackle the high price of housing and keep the California Dream alive?EMBED More News Videos The "California Dreaming" series looks at the state's future and the people working to keep the dream...
    Everything RHOC’s Braunwyn Windham-Burke Has Said About Her Sobriety 10 Useful Kitchen Tools You’ll Love for Under $30 Mariners ownership reportedly limiting teams spending in free agency The Mariners have just $51.5M committed to 11 players for the upcoming season and are just shy of $14M in guaranteed contracts on the books come 2022. (They also owe the D'backs $5M this year as part of the Mike Leake trade.) Despite their wide-open payroll outlook, they haven’t been major players in free agency. That, reports Ryan Divish of the Seattle Times, is due in part to ownership placing unexpected limitations on the team’s spending this winter. Divish cites multiple sources in indicating that the current limitations are being put into place with an eye toward spending next winter, when the free-agent class is deeper and when the club has even fewer commitments on the books. © Jake Roth-USA TODAY Sports There’s still an argument to be made that the Mariners should still jump the market, given the remaining slate of appealing free agents and the seemingly limited market for some of...
    (CBS DETROIT) – ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2021 Rental Affordability Report, which shows that owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 572, or 63 percent of the 915 U.S. counties analyzed for the report. Average fair-market rents are rising faster than average wages in 176 of the 915 counties analyzed in the report (19 percent), including Harris County (Houston), TX; Tarrant County (Fort Worth), TX; Fresno County, CA; Pinellas County (Tampa), FL and Macomb County, MI (outside Detroit). That has happened even though median home prices have increased more than average rents over the past year in 83 percent of those counties and have risen more than wages in almost two-thirds of the nation. The analysis incorporated recently released fair market rent data for 2021 from the U.S. Department of Housing and Urban Development, wage data from the Bureau of Labor Statistics along with public record sales deed data from ATTOM in 915 U.S. counties with sufficient home sales data (see full methodology below). Home ownership is more affordable in almost two-thirds of the country following a year...
    OAKLAND (KPIX 5) — Vanessa Bulnes says if you don’t think racism in housing still exists, you need to swing by her neighborhood. “Get in your car and take a ride, just ride down East 14th and go into East Oakland,” Bulnes said. She’s a renter now but used to own a home on 104th street nearby. “We were robbed of the memories that we had in our house. My oldest son went off to college from that house. My daughter was born in that house, my middle son, he graduated from high school in that house,” she said. During the mortgage crisis of 2008, her husband had a stroke. He stopped working which cut their family income in half. While applying for a loan modification Bulnes then fell victim to predatory lenders. She’s one of 35 homeowners in her neighborhood to lose their home to foreclosure that same year. “It was nationwide, we were literally losing the opportunity to pass wealth on to our children.” Bulnes ran a daycare at their first home and continued that business in their...
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