• Wed, April 16, 2025

by: Fortune

How much do you need to make to afford a $1 million house? We'll help you do the math

We'll break down the 28/36 rule, consider whether you might need a jumbo loan, and consider how much house $1 million actually buys.

by: GEEKSPIN

New York City Housing Costs Soar to World's Second Highest

If your rent feels criminal and your shoebox-sized apartment costs more than a house in the Midwest, you might be onto something. A new global report from wealth advisory firm Henley & Partners just confirmed the obvious: New York City is now officially the second-most expensive city in the world to buy a home. Only […] Read the original here: York City Housing Costs Soar to World's Second Highest

by: wjla

Arlington Mortgages | News, Weather, Sports, Breaking News

WJLA is the local ABC affiliate for the greater Washington DC area. From our studios in Arlington, VA ABC7 covers national and local news, sports, weather, traffic and culture and carries entertainment and sports programming. WJLA serves Alexandria, Springfield, Annandale, Tysons, Reston, Ashburn, Centreville and Manassas, Virginia and Bethesda, Rockville, Gaithersburg, Silver Spring, Wheaton, Beltsville, Greenbelt, Bowie, College Park, Largo, Crofton, Annapolis, Hyattsville and Takoma Park, Maryland, and all the communities in between.

by: news4sanantonio

San Antonio Mortgages | News, Weather, Sports, Breaking News

WOAI NBC News Channel 4 San Antonio provides local news, weather forecasts, traffic updates, investigations, and items of interest in the community, sports and entertainment programming for San Antonio and nearby towns and communities in South Central Texas, including Windcrest, Uvalde, Universal City, Somerset, Seguin, Schertz, San Marcos, Sabinal, Poth, Poteet, Pleasanton, Pearsall, Braunfels, Live Oak, Kerrville, Hondo, Helotes, Goliad, Fredericksburg, Floresville, Eagle Pass, Devine, Del Rio, Cuero, Crystal City, Converse, Cibolo, Castroville, Carrizo Springs, Boerne, Bandera.

by: WGME

Should you buy a house during a recession?

How might a recession affect the housing market?

by: fox6now

Milwaukee house fire, 24th and Mitchell, 3 rescued from balcony

One person was taken to the hospital for treatment of minor injuries.
  • Thu, April 17, 2025

by: abc7NY

Crews battle massive fire at Morris County home for third time in a week

The house was the scene of a similar second-alarm fire Monday afternoon, which rekindled Wednesday.
  • Fri, April 18, 2025

by: KUTV

Salt Lake City Mortgages | News, Weather, Sports, Breaking News

KUTV CBS 2 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Salt Lake City and nearby towns and communities in the Great Salt Lake area, including Jordan Meadows, Millcreek, Murray, Holladay, Kearns, West Valley City, West Jordan, South Jordan, Sandy, Draper, Riverton, Bluffdale, Herriman, Magna, Bountiful, Centerville, Cottonwood Heights, Alpine, Highland, Summit Park, Park City, Heber City, Grantsville, Farmington, Kayville, Layton, Syracuse, Clearfield, Morgan, Roy, Ogden, American Fork, Orem, Provo, Springville, Spanish Fork, Payson, Nephi, and Tooele.

by: WGME

Should I get a home warranty? Are they worth it?

Learn what a home warranty covers and when it's a good idea to get one.

by: CNN

24 home finds from this year's HGTV Smart Home we're currently eyeing, starting at $30 | CNN Underscored

We pulled together some of our favorite home finds from this year's HGTV smart home, including the editor-loved Samsung Frame TV.

by: deseret

Congress report card: First 100 days

Also, here's what Utah lawmakers have been up to — and how they work together
  • Sat, April 19, 2025

by: Newsweek

Donald Trump gets bad news from Americans about housing market

A new report from the Federal Reserve Bank of New York found that households expect 30-year mortgage rates to increase to a median of 7 percent a year from now.

by: WHIO

2 found dead in Troy home, police investigate

The Troy Police Department is investigating after they found two people dead in their home.

by: BBC

Stately home restoration shows life 'downstairs'

The Butler's Pantry at Temple Newsam House in Leeds has been restored and opened to the public.
  • Sun, April 20, 2025

by: PBS

NJ Spotlight News | Housing market adjustment due to interest rates, inventory | Season 2022

Inflation and the high cost of living are hurting people's purchasing power

by: WJZY

Here's where home prices have dropped the most since 2024

Across the nation, 10 ZIP codes have seen noticeable drops in home prices since 2024.

by: 13abc

Boards removed from doors on Havre Street home

Tuesday morning, 13 Action News found the wood on the front door and back doors ripped off and a man claiming he owns the property.

by: KITV

Mattress catching on fire leads to cottage fire at a Kaimuki home

Firefighters extinguished a fire at a Kaimuki home on Sunday afternoon after a mattress in the backyard cottage caught on fire.

by: NewsNation

Baby boomers are buying more homes than millennials

Older buyers — who are more likely to purchase homes with cash — have been less affected by elevated mortgage rates.

by: InStyle

There Is a "Mysterious Property" Right Next to Kate Middleton and Prince William's Home, Adelaide Cottage

There is an "eerie and empty" property, Adelaide Lodge, right next door to Prince William and Kate Middleton's home, Adelaide Cottage, on the Windsor Castle estate.

by: Fortune

Current mortgage rates report for April 16, 2025: Rates take a small dip after rapid increase

  • Mon, April 21, 2025

by: PBS

NJ Spotlight News | NJ's housing market is booming. How long will it last? | Season 2021

The housing market in New Jersey is booming. It's what's known as a seller's market.

by: WFTV

Church-turned-townhome hits market

Three-story residence features elevator, ensuite bedrooms and roof deck.

by: NewsNation

44% of home sellers are giving concessions to buyers: Redfin

In Seattle, 71% of home sellers are giving concessions to buyers, according to a new Redfin report.

by: Fortune

Current mortgage rates report for April 11, 2025: Interest rates continue their rapid rise

See Friday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop

by: wjla

In a major shift, corporate investors are backing out of the real estate market

Some economists say we are on the verge of a housing correction — but in Austin, Texas, that might be good news for regular homebuyers.To figure out what direct

by: Vogue

Prada to Buy Versace from Capri

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

by: WYFF

Wanted 'violent offender' found hiding inside home's ventilation system, deputies say

A convicted felon, wanted in Georgia, was found hiding inside a home's ventilation system, according to authorities.

by: ThePrint

DAC Developers Pre-Launches 'Prospera by DAC', India's First Women-friendly Homes

NewsVoir Chennai (Tamil Nadu) [India], April 21: DAC Developers, a leading builder in the city, has pre-launched 'Prospera by DAC' - a luxury residential project in Porur that proudly stands as India's first women friendly homes. A residential community featuring standout amenities such as She-Corner, a women-exclusive space for relaxation and networking, a surveillance-enabled creche […]

by: wjla

How to prepare your home for sale: 4 steps to follow

Follow these steps when prepping your home for sale to attract the most interest — and the best offers.

by: ThePrint

Luxury That Lasts: How Premium Luxury Projects Are Becoming Family Heirlooms

NewsVoir New Delhi [India], April 21: In an era where trends change overnight, the idea of legacy is finding new roots in the real estate sector. For buyers, a home has become more than just a place to live, it is a statement of values, a vessel of memories, and increasingly, a gift meant to […]
  • Tue, April 22, 2025

by: Patch

Home Sales Skyrocket | Hacked Crosswalks Mock Musk, Zuckerberg: CA Business News

Catch up with the latest CA consumer and business news, plus under-the-radar stories and the week's best sales and freebies.

by: Fortune

Current mortgage rates report for April 22, 2025: Rates hold steady, slightly down from recent highs

See Tuesday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: ThePrint

Location, Layout, Lifestyle: How SKA Divine is Shaping a New Residential Narrative in NCR

NewsVoir Delhi NCR [India], April 22: As NCR's real estate evolves, so do the aspirations of homebuyers. They are increasingly seeking residences that go beyond four walls-they want homes that are strategically located, offer expansive and well-thought-out layouts, and align with their aspirations for a modern, elevated lifestyle. Responding to this growing demand is SKA […]

by: ThePrint

Bajaj Finserv Introduces Blockbuster EMI Days - Save Up to 55% on Top Appliances

NewsVoir Pune (Maharashtra) [India], April 22: In every home, appliances are more than just machines-they're silent partners that simplify daily living. Whether it's a dependable refrigerator, a Smart TV for family movie nights, or an energy-efficient AC for round-the-year comfort, home appliances play an essential role in making a house truly feel like . Show […]
  • Wed, April 23, 2025

by: WHIO

Fire destroys area home, dog escapes

Fire officials described it as a "hoarder" house.

by: KITV

Former Boeing executive questioned over plans to rebuild Front Street home

During a meeting Tuesday, members of the Maui Planning Commission expressed a host of concerns over a controversial plan to rebuild former Boeing executive Stanley Deal's beachfront Lahaina home that

by: Fortune

Current mortgage rates report for April 17, 2025: Elevated rates holding steady

See Thursday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: ThePrint

Security Through Ownership: The Emotional Safety Net Redefining Luxury Homebuying in Delhi-NCR

NewsVoir Delhi-NCR [India], April 23: When Ananya Kapoor, a 38-year-old entrepreneur, closed her home-buying deal in Noida's Prateek Grand Begonia last month, she didn't just acquire a property. She secured what she calls her "emotional anchor" — a sanctuary where not only her children would grow, but also a place that reflects her lifestyle. "This […]

by: KIRO

Seattle leads U.S. in concessions for home buyers as housing demand slows

Seattle leads all major U.S. metropolitan areas in concessions for home buyers as the trend continues to escalate nationally.

by: fox6now

Racine home invasion ends in gunfire; 42-year-old man in custody

Police said when they showed up, they heard shots fired inside the home. That is when officers went inside and fired at the man in a stairwell.
  • Thu, April 24, 2025

by: BBC

Country house plan for former Belton House care home approved

The care home shut down two years ago and the building was sold to private owners in 2024.

by: KITV

'It was worth the wait!': Native Hawaiians awarded 91 homes on Maui

The Department of Hawaiian Home Lands awarded 91 turnkey homes today as a part of Phase 2 of the Pu'uhona project.

by: WGME

Existing-home sales retreat, prices keep rising

Existing-home sales are sliding amid record-high prices.

by: news4sanantonio

Squatter nightmare ends: Northwest side home finally vacated but damage lingers

An alleged squatter that moved into a Northwest side home has now vacated the property.

by: Fortune

Current mortgage rates report for April 10, 2025: Rates continue to climb

See Thursday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: BBC

New rules for multiple occupation homes in North Lincolnshire

All new developments will have to go through the full planning process, regardless of size.

by: Fortune

Current mortgage rates report for April 23, 2025: Rates head upward again

How much do you need to make to afford a $1 million house? We'll help you do the math

We'll break down the 28/36 rule, consider whether you might need a jumbo loan, and consider how much house $1 million actually buys.
To afford a $1 million home, a buyer typically needs an annual income of around $220,000, according to an analysis by Fortune. This figure is based on a 20% down payment, a 30-year fixed mortgage at a 7% interest rate, and the assumption that housing costs should not exceed 30% of gross income. The calculation also factors in property taxes, homeowners insurance, and mortgage insurance if the down payment is less than 20%. The required income can vary significantly depending on local property taxes, insurance rates, and other regional costs, but the $220,000 benchmark provides a general guideline for prospective buyers in the current economic climate.

Read the Full Fortune Article at:
https://fortune.com/article/how-much-income-do-you-need-to-afford-1-million-home/

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