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Stocks

“Coca-Cola earnings top estimates as consumers drink more beverages away from home”

“…Coke shares rose around 3% in premarket trading on the news. Here’s how the company did compared with what Wall Street analysts surveyed by Refinitiv were expecting: Earnings per share: 65 cents adjusted vs. 58 cents expected Revenue: $10.04 billion vs. $9.75… Continue Reading…

Real Estate

“Goldman Sachs: Home prices to climb another 16% by the end of 2022”

“…The investment bank projects that home prices — already at record highs — will grow another 16% by the end of 2022. Despite price increases of 20% over the past year, the analysts at Goldman Sachs suggest that homes remain “relatively affordable” thanks to historically… Continue Reading…

Personal Finance

“Student debt can make buying a home feel impossible…”

“Half of people who haven’t yet purchased a home point to their student debt as a reason for the delay. That’s the finding from a new report by the National Association of Realtors, which partnered with Morning Consult to conduct an online… Continue Reading…

Stocks

“May home sales rebound to highest level since 2005, shocking even the Realtors”

“Pending home sales, a measure of signed contracts on existing homes, jumped an unexpectedly high 8% in May compared with April, according to the National Association of Realtors. Analysts expected a 1% drop. This is the highest level of sales… Continue Reading…

Real Estate

“Pending home sales fell over 10% in February, as record low supply stifles the housing market”

“The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared… Continue Reading…

Business

“Home Depot to Buy Former Unit HD Supply in $9.1 Billion Deal”

“Home Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart. Home Depot will buy all outstanding shares for about $56 apiece,… Continue Reading…

Personal Finance, Real Estate

“The pros and cons of refinancing your home”

“…refinancing can be a little complicated, especially if your credit score is less than ideal or you’re not completely sure what to expect.  When you refinance, it means you’re essentially taking out a brand new loan on your property, often for the… Continue Reading…

Real Estate

“U.S. new home sales rise to near 14-year high”

“Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August… The Commerce Department said on Thursday new home sales rose 4.8% to a seasonally adjusted annual rate of 1.011 million units last month,… Continue Reading…

Real Estate

“Existing home sales jump to 14-year high, as prices set another record”

“Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5% higher compared with August 2019. This is the highest sales pace since December 2006,… Continue Reading…

Real Estate

“July pending home sales jump over 15% annually, as properties go under contract in record time”

“Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually “We are witnessing a true V-shaped sales recovery as homebuyers… Continue Reading…