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Julnor Jean, 82, installed solar panels on his home in Miami-Dade through a program called PACE. While it allows people to make improvements regardless of income, which Jean had little of, it can also leave homeowners in a big financial hole.

Business

No job? No salary? You can still get $20,000 for ‘green’ home improvements. But beware

A program called PACE makes it possible for people with equity in their homes to get easy money for clean energy improvements, regardless of income. But some warn this can lead to financial hardship, even foreclosure.

Kim Kardashian West and Kanye West attend the Travis Scott Astroworld Tour at The Forum on Dec. 19, 2018, in Inglewood, California.

Real Estate News

So that’s what Kanye West and Kim Kardashian were really doing in Miami in December

Kanye West and Kim Kardashian bought a multimillion dollar apartment in the Miami Beach condo tower, Faena House, at 3315 Collins Ave., from Alex Blavatnik, according to the New York Post’s Page Six.

As the government shutdown halts the issuance of new flood insurance plans through the National Flood Insurance Program, Florida officials advise homeowners to turn to private insurance plans.

South Florida

Federal government shutdown creates a problem for closing home sales

As the government shutdown halts the issuance of new flood insurance plans through the National Flood Insurance Program, Florida officials advise homeowners to turn to private insurance plans.

Business

Southern California home sales drop 12 percent. Prices rise at slowest pace since 2015

Southern California home sales plunged 12 percent in November from a year earlier, while prices rose at the slowest pace in three years amid a broad cooling in the housing market.

Business

The timeshare industry is ‘in a war’ with companies that say they can cancel your timeshare

After Patricia and John Palombi paid $25,000 for an Orlando timeshare they immediately regretted, the Jacksonville couple desperately searched for a way out. A company that said it specialized in timeshare exits promised it could help – but it would be another $11,000.

Business

The Mortgage Professor: Does an annuity belong in your retirement plan?

An annuity is a stream of monthly income guaranteed for life, starting immediately or deferred to a specified time in the future, in exchange for an upfront lump sum payment. For example, a woman of 65 investing $500,000 can receive about $2,700 a month starting immediately, $3,900 a month starting in five years, or $5,900 a month starting in 10 years. The five and 10 years are the deferment periods, which can be as long as 25 years.

Business

Real estate Q&A: Neighbor’s drain pipe is ruining my lawn. What can I do?

Q: My neighbor's gutter downspouts drain water onto my property, damaging part of my lawn. What are my rights and what can I do to resolve the issue? – Richard

Business

Natalie Campisi: How to rent or Airbnb your home the smart way

On a corner lot, surrounded by lush live oaks and Florida-style bungalows, sits Jonathan Wilson's first real estate investment: a 2,100-square-foot bone-colored duplex. The area was a big draw for Wilson. Seminole Heights is part hipster and part historic, as one of Tampa's oldest neighborhoods and home to local breweries, art galleries and yoga studios.

Business

Dana Dratch: 5 things to know before switching credit cards

As your life changes, so should your credit cards. The travel rewards card you used when you were a globe-trotting college grad might not suit you after you settle into a full-time job, marry and have a family. A cash-back card might be better.

Visual Arts

These street artists once feared being arrested. Now they’re painting condos and offices

Once painting graffiti on walls came with the risk of arrest. Today, Miami street artists are being commissioned to paint in offices, condo buildings and train stations.

Business

Memphis’ Peabody Hotel eyes North Texas for expansion

The Peabody, a historic Memphis-based hotel famous for its Southern hospitality and marching ducks, is planning to branch out to North Texas, starting with a 300-room hotel in Roanoke near the Texas Motor Speedway.

Business

Aon Center owner wants to start building Chicago’s third observatory by spring

A planned observatory atop the Aon Center could welcome its first thrill seekers in less than two years as the Chicago skyscraper's owner nears zoning approval for the $185 million addition overlooking Millennium Park.

Business

A San Diego icon of postmodern architecture is dead. Should its remains be preserved?

Everyone agrees, Horton Plaza is dead. Whether or not the center's postmodern essence should live on for the sake of posterity, however, is a matter that's creating animus between historians, city staffers and the plaza's new owner, Stockdale Capital Partners.

Business

Planned Texas cricket stadium could be first of many around US

A 15,000-seat cricket stadium planned for Allen, Texas could be the first of 8 U.S. venues designed to help a Philadelphia developer translate his love of the sport into stateside zeal.

Business

Deborah Kearns: Mortgage rate and housing forecast for 2019

As we hurtle toward 2019, economic uncertainty looms ahead as investors keep a wary eye on trade tensions and wild stock market swings. One key economic driver that's increasingly difficult to peg is the housing market.

Business

Real estate Q&A: Neglected lot next door threatens my property. What can I do?

Q: The vacant lot next door is not maintained. It is overgrown and unsightly and the pepper trees are continually growing over my fence. My biggest concern is that the owner does not repair his seawall. It has caved in, and I am very worried it will damage my seawall soon. What can I do now and what are my rights if my seawall is damaged? – Robert

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