Author: josh
If you’re selling your home, unexpected fees like a special assessment can come up at the closing table. A special assessment is an extra charge levied by a homeowners association (HOA) or local government for specific projects, such as repairing a roof, resurfacing roads, or upgrading community amenities. Typically, the seller pays any assessments that are due or approved before closing, while the buyer covers those approved afterward — though this can sometimes be negotiated in the purchase agreement. Whether you’re selling a home in Chicago, IL, San Diego, CA, or Orlando, FL, this Redfin guide explains who typically pays…
In This Article Remember the days when workers retired at 62 with a pension and lived comfortably for the rest of their days? Actually, I don’t remember those days. But plenty of workers still believe in outdated retirement myths that just don’t hold true anymore. Rethink your retirement, or face a rude awakening when the sun sets on your career. Here’s a look at some of this advice that doesn’t work anymore. “Retirement Is the Finish Line” In the 20th century, people worked until that final Friday, when the office threw a retirement party and handed you an engraved watch.…
In This Article I grew up with a basketball in one hand and a box score in the other. My life was all late-night practices, cheap cafeteria food, and coaches yelling about discipline while we ran until the lights went out. I was never the tallest player, but I could see the game before it happened: angles, timing, spacing. That was how I survived on the court. When I got into real estate, I realized it felt a lot like basketball. Scouting markets was just another form of film study. Some cities are all offense with great returns, but no…
In This Article This article is presented by Connect Invest. Prices on the West Coast are sky-high. San Francisco median home prices are over $1.4 million, while LA rents go for an average of $2,760, if not higher. Meanwhile, new coastal rent-control laws are squeezing cap rates and drying up inventory for West Coast landlords, leading to slower rental growth. At the same time, capitalization rates in California for apartments and multifamily homes average between 5% and 7%—well below levels that might justify the risk of buying. Investors are getting squeezed by fewer deals, tighter returns, and tougher exit options.…
This Week In A Nutshell Rates are steady heading into the week following a cool inflation report last Friday, but they could rise even if the Fed cuts as expected on Wednesday—if Fed officials push back on expectations for a subsequent cut in December. Upcoming Attractions Fed Press Conference (Wednesday): The Fed will cut rates by 25 bps—as priced in by futures markets—but the question is how Chair Powell will characterize expectations for the December meeting. He won’t provide formal guidance, deferring instead to the data. But markets have priced in over 90% odds for a December cut and the…
China is currently dominating the open-source AI space, according to Andreessen Horowitz’s Anjney Midha. Speaking at the Fortune Global Forum, Midha said this raises geopolitical and competitive concerns for the U.S. and its allies. However, he thinks Western companies can make a comeback, citing U.S. policy support and the potential for American labs to release new open-source models in the coming months. China’s progress with open-source models could pose a problem for the U.S. in the global AI arms race, according to Anjney Midha, a general partner at Andreessen Horowitz. “What has not been great is that the speed at…
When selling a home, it’s not uncommon for buyers to ask for more time before closing. This request to extend the closing date can leave sellers wondering what it means for their timeline, their plans, and sometimes even their bottom line. Understanding how to respond is key to keeping your sale on track. Whether you’re selling a home in Denver, CO, San Francisco, CA, or Atlanta, GA, this Redfin guide will walk you through why buyers request extensions, how sellers can respond, and what to consider before agreeing to a new closing date. Why buyers may want to extend the…
AI may be the topic du jour, but there’s still a lot of hesitancy around adopting the rapidly changing technology. More than one in three US workers are afraid that AI could displace them, and some HR leaders are concerned about its unknown effects on their roles and employees. HR Brew recently sat down with Steven Mills, chief AI ethics officer at Boston Consulting Group, to demystify some of the risks and opportunities associated with AI. This conversation has been edited for length and clarity. How do you deal with workers’ AI hesitations and fears? Once people start using the tech and realizing the…
When the Italian luxury carmaker Ferrari announced in early October its first ever fully-electric vehicle, it begged the question “What will a company known for prioritizing speed and sleek design over fuel efficiency bring to this competitive corner of the car market?” While most details about Ferrari’s Elettrica EV, including its appearance and price, remain a mystery ahead of a planned launch in the spring of 2026, the company said it will go from 0 to 62 miles per hour in 2.5 seconds; have a battery with a capacity of 122 kWh to ensure recharging in as little as eight…
Tony Han, founder and CEO of autonomous driving technology company WeRide, likened the development of self-driving cars to the Wright Brothers’ successful first flight of a powered aircraft. This four-year development process culminated in 12 seconds of being airborne. The iterative invention process made headlines for crashes, not unlike the ones autonomous vehicles are making now, with 3,979 incidents involving autonomous vehicles from 2019 to 2024, 10% of which resulted in injury. While the accident rate for traditional cars was 4.1 accidents per million miles driven in 2021, the rate for autonomous vehicles was more than twice that at 9.1…