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Real Estate

“Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates”

March 15, 2024

“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…

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Business

“House passes bill that could lead to a TikTok ban; fight shifts to the Senate”

March 14, 2024

“The House approved a bill Wednesday that calls for China tech giant ByteDance to divest TikTok or the popular social video app will effectively be banned in the U.S. The measure passed with a resounding 352-65 vote and with one… Continue Reading…

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Economy

“Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history—and experts say it could cost Americans their homes, spending power and national security”

February 14, 2024

“…Jamie Dimon says Washington is facing a global market “rebellion” because of the tab it is racking up, while Bank of America CEO Brian Moynihan believes it’s time to stop admiring the problem and instead do something about it. Elsewhere The Black Swan author Nassim Taleb says the… Continue Reading…

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Banking

“Wells Fargo froze his bank account. Now he might lose a house, lawsuit claims”

September 12, 2023

“…Parker’s adoptive mother died in 2020, leaving him as the designated beneficiary for a retirement account with AIG. After complying with the requirements for receiving death benefits, Parker received two checks – one for just over $9,700 and another for… Continue Reading…

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Real Estate

“Home prices hit record highs in nearly two-thirds of major markets”

August 8, 2023

“Home prices are ticking up again and reaching new highs in many markets across the country, according to a new report. Prices grew by 0.8 percent in June after slowing for more than a year, pushing prices to record levels in around… Continue Reading…

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Real Estate

“More homebuilders lower prices as sentiment falls for ninth straight month”

September 19, 2022

“…Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative… That is the ninth straight month of declines and the lowest level since May… Continue Reading…

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Real Estate

“A record low number of consumers say now is a good time to buy a home”

February 7, 2022

“…A monthly survey from Fannie Mae showed home purchase sentiment in January fell to its lowest level since May 2020, at the start of the pandemic. Weaker affordability is clearly the problem.   Just one quarter of respondents said now… Continue Reading…

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Personal Finance

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

September 17, 2021

“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…

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Economy

“House prices climb to record levels in US and Europe”

June 23, 2021

“House prices have set records in the US and parts of Europe as vast fiscal and monetary stimulus help residential property markets to continue shrugging off the impact of the coronavirus pandemic. The median price for US existing houses rose… Continue Reading…

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Stocks

“3 Monster Growth Stocks With More Room to Run”

April 12, 2021

“Full House Resorts (FLL)… Overall, it’s clear that Wall Street agrees with Sigdahl here – FLL shares have 3 recent reviews, all are to Buy, and the analyst consensus rating is a Strong Buy. The shares are priced at $9.50, with… Continue Reading…

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