State Farm and Allstate stop writing new homeowners insurance policies in California because of wildfires
Climate change has created a challenge for insurance companies, as more wildfires has led more insurance companies to leave California.
Home sales slide as buyers compete for fewer listings, giving prices a lift in April
Homeowners are hesitant to move, idling the housing market and limiting options for home shoppers.
Home seller profits tumble, a ‘striking reversal’ from the past decade
Higher mortgage rates are affecting buyers — and sellers, who are enduring some of the largest drop in profits of the past decade. But many are still enjoying some large money-in-pocket profits.
Most flipped homes since the Great Recession, but profits tumble in much of California
Almost 34,000 homes were flipped in California in 2022, but higher mortgage rates and falling prices are greatly affecting profits for home flippers. Find out how much by region. Also, find out the most cost-effective home-improvement projects for owners planning to sell.
Foreclosure filings soar in the first quarter, as the economy slows and layoffs surge
After a decade of few foreclosures, more homeowners are getting behind on mortgage payments. Blame higher mortgage rates and an increase in layoffs.
