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As Climate Change Threatens More Homes, Some Properties Are Getting Too Costly to Insure
As climate change threatens the U.S. with more natural disasters, it’s becoming increasingly costly for Americans to insure their homes, experts say.
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Rents Are Climbing as Tenants Return to Cities
Landlords are raising rents across the U.S., and prices are up significantly in cities like New York and Los Angeles. Some tenants are staying in one place longer and avoiding upgrades, while others are moving to downsize, according to Jeff Tucker, senior economist at Zillow, who joins LX News.
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California Expands Mortgage Relief Program
The program started during the COVID-19 pandemic and uses money from the 2021 American Rescue Plan to help homeowners make their past-due payments. Video aired during Today in LA on Wednesday, June 15, 2022.
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Southern California-Based Companies Ranked in Fortune's Best Companies to Work For in 2022
Tustin-based New American Funding was ranked the 18th best place to work in the U.S. by Fortune Magazine and their 2022 list of the 100 Best Companies to Work For.
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Houses Are Selling Quicker in Most-Vaccinated Cities
The COVID-19 vaccine has helped homes sell faster in some areas, a new study from Zillow shows. Cities with high vaccination rates are having more open houses and in-person contact that helps speed up the process. And the speed of home sales has led to a decline in rental vacancies, as people who can’t find a home to own look...
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Homeowner's Warning on Fake Google Listings
The I-Team investigates fake listings on Google and offers some tips on avoiding these fraudulent services. Randy Mac reports for NBC4 News at 11 p.m. on July 26, 2021.
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Washington State Man Breaks Into Home, Starts Laundry, Makes Snack
A burglar in Washington broke into a home and proceeded to make himself comfortable before waking the homeowners.
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Privacy Advocates Are Sounding the Alarm About Cloud-Based Doorbells
Anyone who owns an Amazon Ring doorbell provides consent for the device to record anyone who comes to the door – footage that could also capture neighbors’ property. And clips from Amazon’s Ring doorbells can be sent to law enforcement, an element of surveillance that causes concern for PhD candidate Lauren Bridges at the University of Pennsylvania.
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Homes in Black Neighborhoods Are Routinely Undervalued by Appraisers, Studies Show
Carlette Duffy was trying to sell her home in Indianapolis, Indiana but was getting unsatisfying values at two appraisals. Then she removed photos from the property and had a white friend stand in for a third – and the value shot up. Andre Perry from the Brookings Institution explains the history of discrimination in housing and his research showing that...
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Proposition 19 Benefit, Approved in November Election, Goes Into Effect April 1
Starting Thursday, California homeowners who are over the age of 55 or are disabled or victims of a natural disaster can transfer their previous property-tax base when they sell their home and purchase a more expensive one.
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Mortgage Debt Reached an All-Time High: Here's What to Know If You're a First-Time Home Buyer
Americans mortgage debt climbed to a record high of nearly $10 trillion during the pandemic, according to the Federal Reserve Bank of New York. To help explain, NBCLX talked to the chief economist of the Association of Realtors, Lawrence Yun, and Danielle Hale, the chief economist at Realtors.com, who shared advice for first-time home-buyers.
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Moratorium extended for tenants and homeowners
The Federal Association of Lenders announced that amid the pandemic, the moratorium on evictions and foreclosures will be extended for another two months, so people who cannot pay their rent or mortgage will be protected.