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Real estate Q&A: Can my neighbor cut down avocado tree I planted?

Consumer / Home and Consumer News /

Q: I live in a small condominium community. About five years ago, I planted an avocado pit in a common area landscape island in the parking lot, which has since grown to be a lovely tree. I came home yesterday and noticed one of the residents decided to cut it down on his own. Our condo docs are silent on this issue. Do I or the Association have...Read more

Allen J. Schaben/Los Angeles Times/TNS

Could this Irvine neighborhood be the blueprint for a more fire-resistant LA?

Consumer / Home and Consumer News /

IRVINE, California — Four years before the Palisades and Eaton fires ravaged Los Angeles, Irvine braced for a blaze of its own.

A bone-dry summer left the landscape parched and primed to ignite as Santa Ana winds roared through the region at 80 mph. On the morning of Oct. 26, 2020, the Silverado fire erupted.

Firefighters deployed. The city ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Philadelphia is 'rare' city where eviction filings dropped and stayed down. Here's why

Consumer / Home and Consumer News /

PHILADELPHIA — Housing counselor Kenya Dow-Hill is good at striking deals.

Through Philadelphia’s Eviction Diversion Program, she was paired with a tenant living in a cold and leaky home who faced eviction after withholding rent for two months to try to force the landlord to make repairs.

During a mediation session last month, the landlord...Read more

Christina House/Los Angeles Times/TNS

Scams, bidding wars and predatory landlords: One couple's quest for housing after the fires

Consumer / Home and Consumer News /

As the flames plunged down Eaton Canyon on Jan. 7, Todd Smoyer fled his Altadena, California, home in tears knowing it would be the last time he’d see it.

His neighbor confirmed the next morning that the Midcentury ranch was a heap of ash.

The devastating news kicked off a manic January for Smoyer and his husband, who joined thousands of ...Read more

Joel Angel Juarez/ZUMA Press/TNS

California Gov. Gavin Newsom announces mortgage relief program for wildfire victims

Consumer / Home and Consumer News /

SACRAMENTO, Calif. — Gov. Gavin Newsom wants to use $125 million in settlement funds from the 2008 mortgage crisis to pay for people who have lost their homes in recent wildfires and face the threat of foreclosure.

Newsom announced Wednesday that he was proposing the creation of a new program within the California Housing Finance Agency to ...Read more

How to turn $1,000 into $1 million, according to a top wealth adviser

Consumer / Home and Consumer News /

It’s the dream of many to become a millionaire, and even those with just a little dough to start can achieve this goal with careful planning. While selecting the right investments is important, one other factor is still more important if you’re starting out with a relatively small nest egg: time.

Bankrate spoke with a wealth adviser to get...Read more

How to buy an annuity: Get passive income for life

Consumer / Home and Consumer News /

An annuity offers a stream of cash flow and the safety that you won’t outlive your income during retirement. Annuities are a popular retirement strategy, and you can buy them from an insurance company with a variety of features, depending on your specific financial needs and goals.

Here’s how to purchase an annuity and get passive income ...Read more

Terrence Antonio James/Chicago Tribune/TNS

Federal plan to reduce government office space could be a blow to Chicago, where selling properties wouldn't be easy

Consumer / Home and Consumer News /

The future of the federal government’s footprint in Chicago is uncertain as the Trump administration embarks on a plan to shed up to half of all government office space across the nation, while also shrinking the federal workforce.

The federal government owns 19 properties in Chicago, including the John C. Kluczynski Federal Building and the ...Read more

TNS

What happens to your 401(k) after you leave a job? 8 key things to consider

Consumer / Home and Consumer News /

If you’re changing jobs or have been laid off, chances are that your 401(k) account is the last thing on your mind. But it pays to include that money in your moving plans — even if you don’t deal with it right away.

Fortunately, these workplace retirement accounts are designed to be portable. However, moving your 401(k) and choosing when...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

Legal challenges to housing development aren't new to San Diego. But the group behind this one is

Consumer / Home and Consumer News /

SAN DIEGO — A proposed 224-unit housing development that’s been called an ideal way to add mid-rise homes to mostly single-family neighborhoods is facing a new hurdle: a lawsuit over its potential impact on traffic and wildfire risk.

The project has been called ideal by city officials because it’s proposed for the edge of an existing ...Read more

Real estate Q&A: How can I get out of joint ownership of a home?

Consumer / Home and Consumer News /

Q: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his significant other moved in. Eventually, I met someone, and we want to buy a house. The problem is that we can’t qualify for the loan because I have the ...Read more

Martinmark/Dreamstime/TNS

Want to retire early? Here's how to calculate your FIRE number

Consumer / Home and Consumer News /

Early retirement isn’t exclusively for the rich. Many people, particularly followers of the FIRE movement — short for Financial Independence, Retire Early — use a couple of key calculations to determine how much money they need to sustain an extended stay in retirement, which can begin years or even decades earlier than the standard ...Read more

Jemal Countess/AFP/Getty Images North America/TNS

Trump administration shuts CFPB HQ, halts agency's activity

Consumer / Home and Consumer News /

President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff, the Associated Press reported.

In the notification, Vought ordered agency ...Read more

DREAMSTIME/TNS

6 essential rules for building your 'forever portfolio'

Consumer / Home and Consumer News /

Few things in modern life are built to last. But one area where longevity really matters is in your investment portfolio.

A “forever portfolio” is designed to generate wealth consistently, so you can live comfortably without running out of money later in life. It takes the stress and guesswork out of investing by focusing on long-term ...Read more

Smiley N. Pool/The Dallas Morning News/TNS

How tariffs could impact the housing market

Consumer / Home and Consumer News /

Mortgage rates could go up because of a trade war between the United States and Canada, Mexico and China, according to real estate experts.

Tariffs also could potentially increase prices on building materials, and more, and inflation invariably means mortgage rates will go up.

Nicholas Irwin, research director for UNLV’s Lied Center for Real...Read more

Tom Gralish/The Philadelphia Inquirer/TNS

The surprisingly smooth process of turning offices into apartments in Philadelphia's first big conversion project

Consumer / Home and Consumer News /

The first major office-to-residential conversion of the post-pandemic era in Philadelphia is set to be completed this spring.

Alterra Property Group is on schedule to finish the conversion of 1701 Market St. from an office building to apartments by Memorial Day. Units will begin leasing in March.

For all the talk of transforming empty offices ...Read more

Real estate Q&A: Can association's new tree block owner's ocean view?

Consumer / Home and Consumer News /

Q: Can a community association plant a tree on the common property that will obstruct a single owner’s view of the ocean? — Roy

A: Homeowners, including those living in a community association, ordinarily have no legal right to a certain view.

However, like most issues involving legal rights, the specific facts of the situation can make a ...Read more

Genaro Molina/Los Angeles Times/TNS

A Los Angeles ADU is inspired by West African textiles and a fresh take on modernism

Consumer / Home and Consumer News /

LOS ANGELES -- As an urban planner, Marina Martos Dabel was dreaming about adding an accessory dwelling unit, or ADU, long before she and her husband, Dr. Pascal Dabel, purchased their Silver Lake home in 2016.

“I always wanted to get my hands on a backyard rec room or ADU project,” Marina says. When it came to the stylish addition the ...Read more

Jane Tyska/Bay Area News Group/TNS

A major Bay Area real estate firm is leaning into private listings. Critics contend buyers and sellers will be hurt

Consumer / Home and Consumer News /

Today's housing market mostly operates out in the open — in one place, buyers surfing Zillow or Redfin can see nearly every home listed for sale.

But in recent months, one of the industry's largest brokerages, Compass, has been pushing for more sellers to list their homes "privately" — meaning they can only be viewed by buyers represented ...Read more

Dreamstime/Dreamstime/TNS

Survey: Almost half of loan applicants have been denied over the past 12 months

Consumer / Home and Consumer News /

As interest rates stay elevated and inflation remains stubbornly high, many Americans appear to be finding it tougher to access the financing they need — and it’s posing challenges for both their finances and their aspirations.

Nearly half of Americans (45%) said they have applied for a loan or financial product in the past 12 months since...Read more