Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

Tech Insider
Homebuyers signing a mortgage.
Homebuyers signing a mortgage.

Getty Images

The exclusive island where people keep giving away homes for free — even though the typical house costs $3.6 million

Tech Insider
Nantucket Island shoreline with classic seaside homes
Dozens of homes are physically moved each year on Nantucket, an island off the coast of Massachusetts known for well-heeled homeowners.

J. Greg Hinson, MD, www.ackdoc.com

A startup's solar-powered backyard tiny home can help power the main house — see inside its first 100 prefab ADUs starting at $279,000

Tech Insider
person sitting outside an ADU at Cosmic's showroom in SF
San Francisco-based startup Cosmic is selling 100 prefab ADUs starting at $279,000 each in hopes of using the profit and a recent funding round to improve its manufacturing process and decrease the cost of its tiny homes.

Cosmic

Why buying a home isn't likely to get much cheaper even under Biden's housing plan

Tech Insider
buying a home

PM Images/Getty Images

Arizona's Democratic governor squashed an effort to make homes more affordable as Biden travels to the state to promote his housing plans

Tech Insider : Economy, Politics
An aerial view of new homes under construction at a housing development on June 7, 2023 in Buckeye, Arizona. Buckeye is one of the fastest growing cities in the country and is located on the fringe of the Phoenix metropolitan area.
An aerial view of new homes under construction at a housing development on June 7, 2023 in Buckeye, Arizona.

The viral 'Twitter menswear guy' just wants an affordable home in a walkable neighborhood

Tech Insider : Economy
Three Victorian homes in a row on a steep hill on Fillmore Street in the Cow Hollow neighborhood of San Francisco, California, August 28, 2016.
Menswear writer Derek Guy pays much more in rent than he'd like to. He says he'll likely never be able to afford to own a home.

Smith Collection/Getty Images

Gen Z is living with their parents to save money. But it's going to cost them, big time.

Tech Insider : Economy
A young woman standing in front of a house
Like millennials, Gen Z is living with their parents well into their 20s. But in the long run, it may not be a good idea.

iStock; Rebecca Zisser/BI

In Los Angeles, a 49-unit apartment complex is taking 17 years to complete, the result of complex laws that exacerbated California's affordable housing crisis

Tech Insider : Economy, Politics
Los Angeles, California
Los Angeles.

Neal Pritchard Photography/Getty Images

Meet America's newest mega-landlords: Google, Facebook, and Elon Musk

Tech Insider : Economy
For rent signs featuring logos for Google, Meta, and Tesla pop up in front of a row of gray two-story houses.
After years of running up against housing shortages, companies like Google, Meta, and Disney are taking matters into their own hands.

Arantza Pena Popo/Business Insider

Vince Toye wants to transform the American housing landscape, one affordable unit at a time

Tech Insider
Vince Toye on a dark blue background with lines
Vince Toye leads the community-development banking and agency lending businesses for JPMorgan Chase.

Courtesy of JPMorgan; BI

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