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Real Estate

“Manhattan real estate sales plunge 38%, but cash deals hit all-time record”

April 4, 2023

“Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile, according to new reports. Total sales volume fell to $4.4 billion in the quarter, with 2,242 apartments and… Continue Reading…

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Real Estate

“Home sales spike 14.5% in February as the median price drops for the first time in over a decade…”

March 21, 2023

“Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million units. It was the first monthly… Continue Reading…

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Real Estate

“84% of recent first-time home sellers have regrets…”

March 15, 2023

“Timing is everything, especially when it comes to real estate. But finding the perfect time to sell your home — especially if it’s your first time — may be a challenge as the residential real estate market fluctuates. A recent… Continue Reading…

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Economy, Personal Finance

“Credit card debt is at an all-time high, putting households near ‘breaking point,’ study shows”

March 9, 2023

“More consumers are leaning on credit cards to afford increasingly expensive necessities such as food and rent. That helped propel total credit card debt to a record $930.6 billion at the end of 2022, an 18.5% spike from a year… Continue Reading…

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Energy

“Billionaires emit a million times more greenhouse gases than the average person: Oxfam”

November 8, 2022

“The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. That’s the equivalent CO2 output to the whole of France and makes the average billionaire’s annual emissions a million times… Continue Reading…

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Real Estate

“U.S. mortgage interest rates top 6% for first time since 2008″

September 14, 2022

“…The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level it was one year ago, Mortgage Bankers Association (MBA) data showed on… Continue Reading…

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Economy

“China holdings of U.S. debt fall below $1 trillion for the first time since 2010”

July 19, 2022

“China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interest rates that have made Treasurys potentially less attractive. Continuing a trend that began early in 2021, China’s portfolio of U.S.… Continue Reading…

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Economy

“Video game sales set to fall for first time in years as industry braces for recession”

July 7, 2022

“…The global games and services market is forecast to contract 1.2% year-on-year to $188 billion in 2022, according to research from market data firm Ampere Analysis. The sector expanded 26% from 2019 to 2021, reaching a record $191 billion in… Continue Reading…

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Real Estate

“The 10 worst US cities for first-time homebuyers”

June 24, 2022

“…Here are the 10 worst metro areas for first-time homebuyers, according to Bankrate:  Los Angeles- Long Beach- Anaheim Las Vegas- Henderson- Paradise  Seattle- Tacoma- Bellevue Riverside- San Bernardino- Ontario, California   San Jose- Sunnyvale- Santa Clara, California   Denver- Aurora- Lakewood Houston-… Continue Reading…

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Economy, Personal Finance

“For Americans behind on saving for retirement, a bad stock market can be a good time to invest more”

June 6, 2022

“Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred retirement plan.… Continue Reading…

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