Aspen Treehouse Dweller Faces County Lawsuit Over His Nontraditional Home

Matthew Franzen, a military veteran and arborist from Aspen, CO, has spent the past decade living in a treehouse he built himself. However, that home could now be at risk, as Pitkin County has filed a lawsuit against him alleging land-use and building-code violations. The county claims that the tree

Home Sales Surge to 5-Month High Powered by Uptick in First-Time Buyers

Sales of existing homes climbed in May to their highest level since December, as affordability gains and rising incomes paved the way for more first-time homebuyers to enter the market. Existing-home sales rose 3.2% both month over month and year over year to a seasonally adjusted annual rate of 4.1

SpaceX IPO Set To Mint 4,000 Millionaires, Triggering a Massive South Texas Housing Boom

SpaceX will debut on the Nasdaq on Friday under the ticker SPCX, in what is expected to be the largest initial public offering in Wall Street history, targeting a $135 share price and a valuation of nearly $1.8 trillion. According to some estimates, the IPO will create 4,000 new millionaires among S

In These Cities, the Housing Market Runs on Generational Wealth

For generations, the promise of upward mobility was simple: Get a good job, save carefully, and buy your way into the middle class. But in many of America’s most expensive housing markets, that ladder is becoming harder to climb, according to new research. The study, published by the National Bureau