Real Estate

After Northeast flooding, insurance woes swamp residents

Most of those caught off guard by the intense downpours from the remnants of Hurricane Ida and Tropical Storm Henri lived in areas outside of coastal floodplains, making flood insurance an afterthought for most of the working-class families whose neighborhoods were among the hardest hit.

China's Evergrande says it will make debt payment

Evergrande's struggle to comply with financial restrictions imposed by regulators to curb rising debt in the Chinese economy has prompted fears a default might cause global shockwaves.

China's Evergrande: What to know

China's Evergrande is among the country's largest lenders and is facing billions of mounting debt, roiling global stock markets.

Median home-sale price rose 16% annual in August

Compared to a year ago, median sales prices increased in each of the 85 largest metro areas tracked by Redfin except for Milwaukee, Wisconsin and Bridgeport, Connecticut, dipping 1.6% and 1.1%, respectively.