Many Americans lack knowledge of basic concepts about home ownership, including misconceptions about mortgage terms and knowledge about home buying, maintenance, and renovation, as well as home building, a new study has revealed. The study was conducted in May by Lombardo Homes, a Midwest home builder specializing in new construction in Michigan and Missouri, which surveyed…

British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don’t sit empty. A statement from the Ministry of Finance says the Speculation and Vacancy Tax now includes the municipalities of North Cowichan, Duncan, Ladysmith, Lake Cowichan, Lions Bay and Squamish. Starting early next…

LIBERTY, Missouri—An 84-year-old white man charged in the shooting and wounding of a Black teenager who mistakenly walked up to the man’s house in Kansas City pleaded not guilty to felony charges on Wednesday during his first court appearance in the case. Andrew Lester would face a maximum sentence of life in prison if convicted…

LIBERTY, Missouri—An 84-year-old white man charged in the shooting and wounding of a black teenager who mistakenly walked up to the man’s house in Kansas City pleaded not guilty to felony charges on Wednesday during his first court appearance in the case. Andrew Lester would face a maximum sentence of life in prison if convicted…

An 84-year-old white man charged in the shooting and wounding of a black teenager who mistakenly walked up to the man’s house in Kansas City surrendered to police, the Clay County Sheriff’s Office said on Tuesday, but was freed on bond within a few hours. Andrew Lester had been charged a day earlier with first-degree…

Purchasing a home is probably the biggest expenditure you’ll ever have. So, of course, trying to save money is a goal many buyers have. That’s why qualifying for first-time home benefits is so important. But what if you’ve taken advantage of this program in the past? Is there a way to take advantage of it…

LOS ANGELES—Homeowner equity climbed to record highs in the first half of this year, though its rate of growth is slowing as the housing market cools. Average homeowner equity per borrower reached $298,380 in the second quarter, according to data from CoreLogic. That works out to $3.6 trillion in equity gained by U.S. homeowners with…

Over the past five months, I’ve watched the dream of some neighbors I have yet to meet start to take shape on my own street. It started just after the snow melted when two men arrived with a giant machine that wrestles logs and chain saws. Their job was to cut down and haul away…

Two men have died after allegedly attempting to force their way into a home in Phoenix, a move that resulted in one of the residents of the home firing deadly shots against the intruders. The incident took place on June 25. Officers responded to 911 calls coming from 27th Street and McDowell Road at about…

A new study conducted by Chartered Professional Accountants of Canada (CPA Canada) finds that Canadians who don’t own homes think home ownership remains far out of reach despite prices cooling slightly across the country. CPA Canada says half of non-homeowners surveyed believe it’s unlikely they ever will buy a home, 21 percent think it’s very…