Quick answer: Indeed, basketball flourishes in cities because it demands little room—a few yards of concrete pavement, a hoop, and enough skill to compete. But now, basketball players in the streets of New York and San Antonio are finding themselves displaced from their own courts as gentrification threatens their access to the public playing spaces where generations honed their skills.The New York...
For many homebuyers, the dream of homeownership comes with a difficult choice: live close to work and pay a premium for limited space, or move farther away and enjoy a larger home at a more affordable price. This decision has fueled the growth of what planners, real estate professionals, and economists commonly refer to as a bedroom community.If you've ever wondered what is a bedroom community, you're...
It appears that the US real estate sector provided some much-needed hope in the form of rising sales of existing homes in May, indicating that buyers have begun coming back despite high-interest rates and affordability challenges.There were 4.17 million sales on an annual basis, the highest level since late 2025 and also ahead of analysts' expectations. This rise indicates that a certain portion of buyers...
Most sellers tend to get cold feet the minute their home inspector brings up asbestos. That is because of all the years and decades worth of lawsuits, horror stories, and bad press. But the reality in the market is much easier than what most people expect – houses containing asbestos are sold daily, even for substantial prices, by those who know how to handle this issue intelligently.Having asbestos in...
There's a new proposal before the U.S. House that gives older homeowners an incentive to sell. Introduced by Rep. Nicole Malliotakis of New York, the Nest Egg Protection Act would raise the capital gains exclusion for Americans aged 65 and over temporarily. For the next four years—from 2027 to 2030—homeowners who qualify may exclude up to $1 million in profits from taxation for property owned for at...