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Real Estate

“[Florida] Property prices boomed here during Covid – they are now being slashed as soaring numbers of homes sit unsold”

“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state. But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble… Continue Reading…

Economy, Real Estate

“Boomers Bought Up the Big Homes. Now They’re Not Budging.”

“Baby boomers bought up many of the big homes across the U.S. when they were raising their families. Now they’re staying put, even though their kids are all grown up.  Boomers are on top in a housing market where tight… Continue Reading…

Real Estate

“The Number Of New Homes For Sale Is At Its Highest Since August 2008”

“EDITOR’S NOTE: “Existing” homes for sale may be in short supply but, in contrast, “new” homes for sale are booming. Builders are ramping up production on new homes despite continuing labor shortages and supply issues. In fact, new homes are… Continue Reading…

Business

“Home Depot earnings top estimates fueled by 9.8% jump in sales as consumers fix up homes”

“Home Depot on Tuesday reported third-quarter earnings and revenue that beat analysts’ forecasts as customers spent more on home improvement projects. Strong demand is carrying over into the next quarter as the retailer readies for the holiday season. The company’s shares… Continue Reading…

Economy, Real Estate

“Nearly half of Americans selling their homes don’t plan to buy another: Here’s what they’re doing instead”

“The housing market is red-hot and showing few signs of slowing down. Home prices were at a median $386,888 in June, according to Redfin, up 24% since last June. And demand is high: The average house lasted just 14 days on the market,… Continue Reading…

Economy

“Gas, Food, Lumber, Homes: More and More Expensive”

“Used cars, homes, lumber, gas and chicken: What do they all have in common? They’re all getting more expensive. The stimulus-fueled economy is rebounding and Americans are again spending on shopping, traveling and eating out. But the pandemic is far from over, and supply-chain… Continue Reading…

Stocks

“9 Growth Stocks That Also Pay Dividends”

“Nine growth stocks that also pay dividends: — Anthem (ANTM) — Becton, Dickinson (BDX) — Cigna (CI) — Equitrans Midstream (ETRN) — CVS Health (CVS) — Domino’s Pizza (DPZ) — Invitation Homes (INVH) — Northrop Grumman (NOC) — Taiwan Semiconductor… Continue Reading…

Stocks

“3 ‘Perfect 10’ Stocks to Spice up Your Portfolio”

“Devon Energy (DVN)… Lear’s upbeat comments come with an Overweight (i.e. Buy) rating, and his $21 target price indicates his confidence in a 15% upside over the next 12 months… Overall, the analyst consensus on DVN is not unanimous, but almost.… Continue Reading…