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Yahoo
7 days ago
- Business
- Yahoo
5 US Metros Where Buyers Could Buy a Luxury Home for Less Than $1 Million
For years, the phrase 'million-dollar home' has evoked images of sprawling estates, high-end finishes and exclusive neighborhoods. But as home prices continue to climb across the U.S., $1 million doesn't stretch as far as it used to. This is especially true in major cities. According to a recent Redfin report, the median price for a luxury home nationwide has soared to almost $1.35 million, up about 70% from nearly $798,000 in 2020. However, if you're dreaming of luxury living on a sub-million-dollar budget, a few U.S. metros still offer opportunities. Read Next: Find Out: Here are five cities where luxury is still within reach, without crossing into seven-figure territory. Also see the most expensive place to buy a home in every Western state. Cleveland Median luxury home price: $757,046 Cleveland is quickly gaining recognition as a hidden gem in the luxury real estate market. With the city's median luxury price of just over $757,000, buyers can afford spacious homes with upscale features in desirable neighborhoods like Shaker Heights and Cleveland Heights. These areas are known for their historic charm and tree-lined streets. Since 2015, Cleveland's luxury prices have climbed 59%, but prices still pale in comparison to markets like San Francisco or Seattle, where the median prices top $6 million and $2.9 million, respectively. Check Out: Pittsburgh Median luxury home price: $846,715 Pittsburgh offers a unique blend of modern amenities, green spaces and a strong local economy all while keeping luxury home prices surprisingly low. With a median price around $847,000 for a luxury property, it's one of the last larger metros where buyers can still purchase a top-tier home without hitting the million-dollar mark. According to Redfin, the city has seen a 53.2% increase in luxury home prices since 2015, a slower pace compared with national trends, leaving plenty of room for potential growth. Indianapolis Median luxury home price: $914,276 Indianapolis might not be the first city that comes to mind when thinking of luxury, but it's quietly become a top destination for buyers seeking high-end homes without the hefty price tag. The metro's median luxury price of just over $914,000 makes it one of the most affordable places to live large. Neighborhoods like Meridian-Kessler and Geist Reservoir offer spacious homes, private lots and access to top-rated schools. With a 65.3% increase in luxury home prices since 2015, Indianapolis has seen steady appreciation, which is a sign of long-term value for homebuyers. Its low cost of living and growing economy also make it a strong contender for those relocating from higher-cost areas. St. Louis Median luxury home price: $914,453 Next up is St. Louis. With a median luxury home price just shy of $915,000, buyers here can find historical mansions, modern new builds and everything in between. Neighborhoods such as Ladue and Clayton offer stately homes with high-end finishes, all within commuting distance to downtown. Luxury home prices in St. Louis have climbed 51.9% over the last decade, but the city remains significantly more affordable than other large metros. For those looking to trade in sky-high prices for space and serenity, St. Louis may be a perfect fit. San Antonio Median luxury home price: $957,854 San Antonio stands out as the only Texas metro on Redfin's list with luxury homes priced just under $1 million. Known for its rich history, cultural attractions and warm weather, San Antonio is increasingly drawing in buyers from Austin, Dallas and beyond who are looking for more space and less competition. The city's luxury housing market has grown significantly, with prices rising nearly 68.7% since 2015. San Antonio's relative affordability, along with its vibrant downtown and strong job market, keeps it high on the list for both local buyers and out-of-state transplants. More From GOBankingRates 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance (And 2 Reasons They Should) This article originally appeared on 5 US Metros Where Buyers Could Buy a Luxury Home for Less Than $1 Million Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Reuters
14-07-2025
- Business
- Reuters
Trump administration leaves Congress in dark on spending decisions
WASHINGTON, July 14 (Reuters) - Around 300 students in Cleveland Heights, Ohio, may face changes to after-school tutoring and English-language proficiency instruction unless the district's $860,000 federal grant is freed up by President Donald Trump's administration in time for the new school year. This funding is a part of more than $6 billion in school funds held up on July 1 for school programs nationwide, leaving superintendents including Cleveland Heights' Elizabeth Kirby in a budget bind. "We have not received any information about whether or not this money is coming," she said. The lack of clarity follows a broader pattern in which the Trump administration has provided less detail on how it plans to spend taxpayer dollars, drawing criticism from some Republicans in Congress. "Delayed budgets, missing details, and omitted spend plans make the federal budget less transparent and less accountable to the people and their elected representatives," Republican Senator Susan Collins of Maine, who chairs the Senate Appropriations Committee told Russell Vought, director of the U.S. Office of Management and Budget, at a June 25 hearing. The OMB and the White House did not respond to a request for comment. In previous statements, the OMB said the held-up education funds are a part of an "ongoing programmatic review" due to initial findings of grant programs being "grossly misused to subsidize a radical leftwing agenda." Budget experts say this unwillingness to share a broad range of spending details skirts funding law, complicates the budget process going forward, and breaks from precedent aimed at increasing spending transparency. "At this point in the year, there has never been less reliable information available to either the public or Congress about actual agency spending than at any time since the modern budget process was established in 1974,' said David Taylor, a former leader of President George H.W. Bush's White House budget office and chief budget aide to Senate Majority Leader Bob Dole, who now runs the research firm Federal Budget IQ. The U.S. Constitution gave Congress the power of the federal purse to decide how to allocate taxpayer money for the executive branch to disburse throughout its agencies. But since lawmakers passed a full-year stopgap funding bill in March -- signed by Trump -- they have been left with questions about where the money is going because a wide swath of federal agencies across the government either failed to share spending plans required by the stopgap bill, or sent incomplete data, according to U.S. lawmakers. 'This administration has — more than any other in my time in office — refused to share basic information with this committee," said Democratic Senator Patty Murray, a 32-year veteran of the chamber and her party's top appropriator. This standoff on federal funding powers will be tested again this week as the Senate considers the administration's $9 billion request to cancel foreign aid and public media, which could undo the funding passed on a bipartisan basis in March with a simple Republican majority. The Republican-controlled Congress early this month narrowly passed Trump's sweeping tax-cut and spending bill, overriding some Republicans' objections about the heavy toll it was expected to take on the nation's $36.2 trillion in debt. The administration's reluctance to share detailed spending plans has placed Cabinet secretaries in the hot seat on Capitol Hill for the last several weeks, as the funding law required these details by the end of April. 'We need more information than we have gotten," Republican House of Representatives Appropriations Chair Tom Cole of Oklahoma told Defense Secretary Pete Hegseth in June, more than a month after his department's spending plan was required. 'I'm doing the best I can," FBI Director Kash Patel said at his May hearing, pointing the finger at other parts of the administration when hounded about the lack of spending details. 'We have a lot of irons in the fire ... as we try to build up staff,' explained Interior Secretary Doug Burgum when pressed by Democratic Senator Jeff Merkley of Oregon about the lack of clarity on conservation projects. Even the agency plans that were submitted had notable gaps. There were 530 asterisks in the Health and Human Services Department's plan where specific funding amounts for programs should have been listed, according to Murray and Representative Rosa DeLauro, the top House appropriations Democrat. "The fact that appropriators are discussing these issues in open hearings means that multiple attempts to get this information behind the scenes has failed," said Joe Carlile, a former Democratic budget official. Trump's focus on slashing the federal government also has made his administration less concerned about congressional queries, said Cerin Lindgrensavage, counsel at Protect Democracy, a group which is suing the administration over removal of online spending details. "Usually, administration officials would be wary of angering the appropriations committee for the same reason it's a bad idea to bite the hand that feeds you, but now, Congress is negotiating against an executive branch that seems happy to cut more spending," Lindgrensavage said. Veterans Affairs Secretary Doug Collins cited White House budget office guidance and a 1983 Supreme Court ruling over congressional restraints on emergency powers to defend how his department notified Congress to "reprogram" money away from initiatives the administration deemed wasteful. Congressional leaders tasked with overseeing VA funding demanded the department request approval to redirect money. "The way this secretary, and this administration, has interacted with Congress on moving hundreds of millions of dollars from one account to the next is unprecedented," said Democratic Representative Debbie Wasserman Schultz of Florida. The panel's Republican leader, Representative John Carter of Texas, backed Schultz up: "I've been on this committee for 20 years ... and we are not going to change it now."
Yahoo
14-07-2025
- Business
- Yahoo
Analysis-Trump administration leaves Congress in dark on spending decisions
By Bo Erickson WASHINGTON (Reuters) -Around 300 students in Cleveland Heights, Ohio, may face changes to after-school tutoring and English-language proficiency instruction unless the district's $860,000 federal grant is freed up by President Donald Trump's administration in time for the new school year. This funding is a part of more than $6 billion in school funds held up on July 1 for school programs nationwide, leaving superintendents including Cleveland Heights' Elizabeth Kirby in a budget bind. "We have not received any information about whether or not this money is coming," she said. The lack of clarity follows a broader pattern in which the Trump administration has provided less detail on how it plans to spend taxpayer dollars, drawing criticism from some Republicans in Congress. "Delayed budgets, missing details, and omitted spend plans make the federal budget less transparent and less accountable to the people and their elected representatives," Republican Senator Susan Collins of Maine, who chairs the Senate Appropriations Committee told Russell Vought, director of the U.S. Office of Management and Budget, at a June 25 hearing. The OMB and the White House did not respond to a request for comment. In previous statements, the OMB said the held-up education funds are a part of an "ongoing programmatic review" due to initial findings of grant programs being "grossly misused to subsidize a radical leftwing agenda." Budget experts say this unwillingness to share a broad range of spending details skirts funding law, complicates the budget process going forward, and breaks from precedent aimed at increasing spending transparency. "At this point in the year, there has never been less reliable information available to either the public or Congress about actual agency spending than at any time since the modern budget process was established in 1974,' said David Taylor, a former leader of President George H.W. Bush's White House budget office and chief budget aide to Senate Majority Leader Bob Dole, who now runs the research firm Federal Budget IQ. The U.S. Constitution gave Congress the power of the federal purse to decide how to allocate taxpayer money for the executive branch to disburse throughout its agencies. But since lawmakers passed a full-year stopgap funding bill in March -- signed by Trump -- they have been left with questions about where the money is going because a wide swath of federal agencies across the government either failed to share spending plans required by the stopgap bill, or sent incomplete data, according to U.S. lawmakers. 'This administration has — more than any other in my time in office — refused to share basic information with this committee," said Democratic Senator Patty Murray, a 32-year veteran of the chamber and her party's top appropriator. This standoff on federal funding powers will be tested again this week as the Senate considers the administration's $9 billion request to cancel foreign aid and public media, which could undo the funding passed on a bipartisan basis in March with a simple Republican majority. The Republican-controlled Congress early this month narrowly passed Trump's sweeping tax-cut and spending bill, overriding some Republicans' objections about the heavy toll it was expected to take on the nation's $36.2 trillion in debt. 'NEED MORE INFORMATION' The administration's reluctance to share detailed spending plans has placed Cabinet secretaries in the hot seat on Capitol Hill for the last several weeks, as the funding law required these details by the end of April. 'We need more information than we have gotten," Republican House of Representatives Appropriations Chair Tom Cole of Oklahoma told Defense Secretary Pete Hegseth in June, more than a month after his department's spending plan was required. 'I'm doing the best I can," FBI Director Kash Patel said at his May hearing, pointing the finger at other parts of the administration when hounded about the lack of spending details. 'We have a lot of irons in the fire ... as we try to build up staff,' explained Interior Secretary Doug Burgum when pressed by Democratic Senator Jeff Merkley of Oregon about the lack of clarity on conservation projects. Even the agency plans that were submitted had notable gaps. There were 530 asterisks in the Health and Human Services Department's plan where specific funding amounts for programs should have been listed, according to Murray and Representative Rosa DeLauro, the top House appropriations Democrat. "The fact that appropriators are discussing these issues in open hearings means that multiple attempts to get this information behind the scenes has failed," said Joe Carlile, a former Democratic budget official. TRANSPARENCY DIVIDE Trump's focus on slashing the federal government also has made his administration less concerned about congressional queries, said Cerin Lindgrensavage, counsel at Protect Democracy, a group which is suing the administration over removal of online spending details. "Usually, administration officials would be wary of angering the appropriations committee for the same reason it's a bad idea to bite the hand that feeds you, but now, Congress is negotiating against an executive branch that seems happy to cut more spending," Lindgrensavage said. Veterans Affairs Secretary Doug Collins cited White House budget office guidance and a 1983 Supreme Court ruling over congressional restraints on emergency powers to defend how his department notified Congress to "reprogram" money away from initiatives the administration deemed wasteful. Congressional leaders tasked with overseeing VA funding demanded the department request approval to redirect money. "The way this secretary, and this administration, has interacted with Congress on moving hundreds of millions of dollars from one account to the next is unprecedented," said Democratic Representative Debbie Wasserman Schultz of Florida. The panel's Republican leader, Representative John Carter of Texas, backed Schultz up: "I've been on this committee for 20 years ... and we are not going to change it now."
Yahoo
11-07-2025
- Business
- Yahoo
New Grocery Outlet opening in NE Ohio
[WATCH: The video above takes a look at the most popular grocery store chains.] CLEVELAND HEIGHTS, Ohio (WJW) — A new Grocery Outlet is opening in Northeast Ohio. According to a press release, the retailer known for 'extreme value' has more than 540 stores in 16 states. In Ohio, there are nine locations with nearby stores in Boardman, Brooklyn, Canton, Parma, and Ontario. Local mall pushing inventory to sidewalk sale The newest location is now opening in Cleveland Heights on Thursday, July 10, at 10 a.m. The new location is on Cedar Road. To celebrate the location's grand-opening, a press release said, the first 100 customers will receive a 'Bliss Buck' gift card for mystery amounts of cash ranging from $5 to $500. Shoppers will also receive a free reusable bag with their purchase through opening week, while supplies last, and customers can enter to win $1,000 in free groceries from July 10 through August 8. To learn more about Grocery Outlet, CLICK HERE. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-06-2025
- Politics
- Yahoo
Cleveland Heights council planning to send letters seeking investigation
CLEVELAND HEIGHTS, Ohio (WJW) – A Cleveland Heights council member told the Fox 8 I-Team that the council clerk will be sending letters to state officials and the Cuyahoga County Prosecutor's Office asking for an investigation of the mayor. The I-Team previously reported Mayor Khalil Seren was caught on video going into the law department after hours. His laptop was found hidden in one room. Bagworm outbreak threat growing in Ohio, OSU warns Law Department officials told the Cleveland Heights Police Chief that they were concerned the mayor either recorded or tried to record private meetings between attorneys and some employees concerned about a hostile work environment. On Friday, the city council passed a resolution calling for an investigation of the mayor. Agents with the state Bureau of Criminal Investigation previously declined a request by the police chief to investigate the matter, but council members are hoping the agency will reconsider. The council president said he asked the clerk to send letters to the state and local agencies Monday morning. The mayor declined to talk to the I-Team about the matter and has refused to answer our questions asking why he was in the law department after hours. Seren later released the statement saying he is being targeted because of this race. More than 80 shots fired at Cleveland block party; 1 killed, 5 injured 'Like many Black mayors during the Trump era, I've been subjected to a political lynching – driven by those who have weaponized our community's unaddressed racist biases and hate for their own gain, manipulating fear and division to serve their interests,' part of the mayor's statement reads. Several residents and council members disagree with him. 'From my personal system of values and regard for all humanity, I voted the way I did because we need to pursue the facts,' said Gail Larson, a Cleveland Heights Council member. 'My support of the legislation had nothing to do with the color of the Mayor's skin. Why was he in the law department 'after hours,' as the videos show? Why won't he answer you and your media colleagues when asked, 'Why were you there?' Council President Tony Cuda also released a similar statement that said the council passed the resolution to protect city residents. 'The mayor's statement was nothing more than a gaslighting rant designed to divide our community,' Cuda stated. 'Yet another shameful act on the part of this mayor. There is no way the mayor should be using city resources to do his political bidding.' A heat advisory is in effect in Alaska for the first time ever Many residents agree with the council, including James Bates, who is working with others to have the mayor recalled. Bates said the mayor's message is 'a shameful and manipulative attempt to distort reality and deflect from his own failures.' 'Let's be clear: no one is attacking Mayor Seren because he is Black,' Bates said. 'He is being held to account because of his behavior, his decisions, and his failure to lead with integrity. The community's concerns stem from troubling patterns of conduct, not from the color of his skin. To suggest otherwise is to falsely and dangerously paint Cleveland Heights residents—many of whom proudly support Black leadership—as bigots simply for daring to question their mayor.' Council members have also asked the mayor to resign. The mayor has said he plans to stay in office and is seeking re-election. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.