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These are the 9 most rent-burdened cities in the U.S. where tenants spend more than one-third of their income on housing, Moody’s says

New Yorkers spend nearly 60% of their income per month on housing, the report shows.

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Entering the ‘amenities arms race’ at luxury apartments: IV drips and Botox without having to leave your home

“Yesterday's pool is today's pet spa—and tomorrow's pool is the Botox [and] rehydration lounge,” UrbanDigs co-founder John Walkup tells Fortune.

26.05.2024 20

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There’s a way to land a sub-4% mortgage rate for buyers locked out of the housing market. But they’ve been hard to get—until now

Roam launches new product making it easier to take over sellers’ current mortgages.

25.05.2024 10

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Flights take off for the new Bark airline, where you can pay $6,000 to travel with your dog

“We built our service to be 100% focused on the dog,” Dave Stangle, vice president of marketing for Bark, tells Fortune.

24.05.2024 10

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Second homes are out of reach for most people so this $1.5 billion startup invented a clever workaround—here’s how it works

Pacaso offers an easier way to co-own a vacation home in luxury markets.

20.05.2024 30

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NYC’s rat problem is so bad it’s holding a summit of vermin experts to ‘know our enemy’

"Preeminent rat researchers" are invited to attend.

17.05.2024 70

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Texas and Florida are now buyers’ markets. Here’s why it could be time to move to the South

High inventory and price cuts have pushed Texas and Florida into a buyers’ market.

17.05.2024 60

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Tinder, Bumble, and Hinge have turned into a ‘wasteland’ for Gen Z and millennials—and now many are breaking up with dating apps for good

Bumble's turnaround ad campaign massively backfired, fueling a general trend of choosing celibacy or in-person interactions over app dating.

16.05.2024 40

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An heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died

Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet.

09.05.2024 40

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Billionaire heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died

Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet.

08.05.2024 20

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Renters care more about having a pet-friendly apartment than having a washing machine, Zillow and Bark study shows

ZIllow data shows that 59% of renters have at least one pet, with 40% having a dog in 2023.

03.05.2024 80

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'Almost impossible': Janet Yellen despairs at housing market's one-two punch for first-time buyers

Home prices are up in every major U.S. city, plus mortgage rates are nearing their 2023 peak.

02.05.2024 40

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Study finding South Florida homes are 35% overvalued sparks bubble worries

The combination of rising housing premiums and mortgage rates is “a potential worrying sign for the housing market,” the researchers said.

02.05.2024 40

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Pennsylvania vs. Perrier: Your beloved mineral water is actually a soda, court rules

The battle started over a $0.24 sales tax tacked onto a Sheetz purchase.

30.04.2024 20

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Millennials have it better than everyone thinks, accumulating wealth faster than anyone else since the pandemic, new data shows

"This historic growth is without parallel in recent decades," according to an analysis from the Center for American Progress.

29.04.2024 20

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The economy is moving us back into the 19th century as fertility rates plunge

The U.S. birth rate from 2023 was down 2% from 2022, according to the Centers for Disease Control and Prevention.

26.04.2024 7

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Now might be the time to move to Florida as inventory levels surge and sellers slash prices

It may only be worth it, though, if you’re willing to pay higher insurance rates.

25.04.2024 8

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Luxury home prices have gotten so unwieldy that Ye, formerly Kanye West, had to slash the price of his Malibu mansion by around $14 million

Some of Ye’s Malibu neighbors reportedly said the property was "left to rot."

25.04.2024 90

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Former HGTV star slapped with $10 million fine and jail time for real estate fraud

An investor found a property “to be a burnt down shell with no work done on it.”

19.04.2024 7

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Meet the CEO who makes your dog-food delivery feel like visiting a Disney resort

Chewy CEO Sumit Singh gives customers “the best personalized service you should expect at the best local neighborhood pet store.”

18.04.2024 20

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High mortgage rates are finally hitting new home construction as builders are pulling back on projects

“It makes little economic sense to ramp up construction on homes that won't be sold in the near future,” one engineer said.

17.04.2024 40

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Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI

A major transition is coming for the highly coveted junior analyst position at big Wall Street banks, experts agree.

16.04.2024 30

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Bill Gates unloaded one of his properties in less than two weeks on the market—and it only cost $5 million

Gates still owns another mega mansion in a Seattle suburb worth about $130 million.

15.04.2024 30

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Nearly 30% of recent home buyers have zero clue how much their realtor is paid—and a lot of people don’t know where that money came from

“Many Americans make the biggest purchase of their life” without knowing how much their realtor gets paid, Redfin chief economist says.

11.04.2024 10

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The Trump donor who Biden can't fire is running the US Postal Service directly into the ground—just what everyone warned about when he was confirmed in the depth of the pandemic

Under the leadership of Postmaster General Louis DeJoy, the USPS has made two price hikes to shipping and mailing services in just six months.

11.04.2024 100

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Billionaire Rupert Murdoch is taking an L on a Manhattan penthouse, slashing the asking price nearly 40% to $38.5 million

The 7,000-square-foot Flatiron District penthouse was first listed in 2022 at $62 million.

09.04.2024 10

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Nvidia CEO Jensen Huang launched his company in a booth at Denny's with his friends. Meet his co-founder who donated his shares worth $70 billion and moved off the grid

“I did a little crazy thing,” Nvidia co-founder Curtis Priem said. “And I wish I'd kept a little bit more.”

05.04.2024 10

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 Bill Gates 'didn't believe in vacations' and worked on the weekends while building Microsoft—but regretted it. Here are his 3 tips for success

Gates eventually realized that ‘intensity was not always appropriate.”

04.04.2024 20

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Jeff Bezos continues home-buying spree with a $90 million mansion in the 'Billionaire Bunker' area of Miami

Bezos now owns three properties on the exclusive island, which is also home to Tom Brady, Ivanka Trump, and Jared Kushner.

03.04.2024 10

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America’s housing Catch-22: There are more ‘million dollar’ cities than ever before, but only the rich can afford them

California is home to 210 cities with $1 million median-priced homes.

02.04.2024 30

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Housing has gotten so expensive that buyers need $56,000 for the down payment on an average home. That’s up nearly 25% from last year, Redfin says

But more buyers are making all-cash offers to stay competitive.

01.04.2024 70

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Walt Disney World dedicated nearly 80 acres to a massive affordable housing project near its Orlando park. But Orange County NIMBYs aren’t having it

“They’re trying to pack an enormous amount of density into what is essentially the size of a Costco parking lot,” resident said.

30.03.2024 10

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A $2.3 million home listing in Nantucket just slashed its price by a whopping 74% after its shoreline eroded drastically in just a few weeks

Small vacation towns are reeling at the effects of climate change.

28.03.2024 20

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Diddy’s estimated $1 billion fortune is at risk after 5 lawsuits with explosive allegations. Here’s how the entertainment mogul made his money

Diddy’s fortune doesn’t come from his music alone.

27.03.2024 8

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How a park bench meeting led to Aflac’s $200 million mascot idea

"Quack, quack, Aflac became the idea," CEO Dan Amos told Fortune. The adoption of the avian mascot has coincided with a 621% run-up in share price.

26.03.2024 10

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Millennial and Gen Z credit scores are the latest sign of the 'vibecession.' Their credit scores will keep going up, Open Credit, TransUnion report shows

This could be a good sign for borrowers since lenders have historically been “hesitant” to extend loans to thin-file or low-credit consumers.

25.03.2024 10

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NYC vacancy rates are so low and affordable housing is so sparse that a super PAC formed to elect politicians to build more homes

New York City vacancy rates hit a historic low in February.

25.03.2024 40

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Real-estate agents are going extinct just like travel agents did, award-winning professor says. ‘You just don’t need’ them anymore because of the internet

Home buyers and sellers are no longer “dependent” on real estate agents, Andrew Spieler of Hofstra University tells Fortune.

23.03.2024 40

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Olive Garden’s earnings just pulled back the curtain on the economy: The rich are dining out while the poor are falling back

“We're clearly seeing consumer behavior shifts," Darden CEO Rick Cardenas said on an earnings call. “At every brand, transactions fell from...

22.03.2024 30

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'The American Dream is still very much alive,' Fannie Mae CEO insists—and she has essential advice for first-time homebuyers

“Did my parents dream of having a home? Was that home what changed the trajectory of our life? Absolutely,” said Fannie Mae CEO Priscilla...

21.03.2024 10

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‘Never complain, never explain’: The British royal family’s longtime mantra is backfiring with the Kate Middleton debacle

“They are letting the crisis they created grow in silence,” one PR exec told Fortune

21.03.2024 10

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Housing is so unaffordable in major cities that millennials are moving back to the suburbs, Harvard research finds

Millennials are leading a “back to the city” reversal.

20.03.2024 10

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‘Folks don’t live near the office anymore’: Remote work guru Nick Bloom gets real on why RTO is so hard

The Stanford economist's research show that firms are hiring out of bigger areas, and you know what that means for vacancies.

18.03.2024 30

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Distrust over the Kate Middleton saga threatens the royal family's 28 billion business empire

The royal family controls “enormous assets of incalculable value,” and they rely on public trust.

16.03.2024 50

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The uninsurable housing market: 26% of homeowners worry climate change will put them underwater either literally or figuratively

Homeowners insurance premiums are up 300% in California since before the pandemic, insurance exec says.

14.03.2024 10

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Joe Biden is admitting that nobody wants to sell their house—and he’s offering a measly incentive to fix it

The Pandemic Housing Boom increased the price of starter homes a whopping 45%. The White House thinks a $10,000 tax credit will get the market moving.

14.03.2024 10

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Kate Middleton's photo debacle is just the beginning of what AI will do to public trust

Growing AI sophistication “calls to question how we know what to believe anymore,” PR manager says.

13.03.2024 30

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How Nvidia’s billionaire CEO went from Denny’s dishwasher to leading a company with a $2 trillion market cap

“I’m still working on being a good CEO,” Jensen Huang said in an interview at his alma mater, Stanford University.

12.03.2024 30

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Kate Middleton’s Photoshopped family photo and the glaring errors that led to kill notices: 'Think of it as a Cat. 5 cyclone'

The Kate Middleton photo debacle has also surfaced concerns about AI photo manipulation.

11.03.2024 10

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This 79-year-old CEO is so passionate about the hydrogen-energy revolution that he hasn't taken a vacation in 20 years

How Seifi Ghasemi’s belief in the future of energy helped him build a $20 billion company into a $54 billion success—and where he’s aiming his...

09.03.2024 10

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