A Cruel Summer: Hotel Prices Soar Due to Taylor Swift’s Europe Tour
Charles Passy of MarketWatch reports that as Taylor Swift makes her way through major cities this summer, lodging rates have jumped accordingly. He writes:
When...
Summer Rental
The summer rental market on the Cape has cooled and then some as reported by The Boston Globe:
In the not-too-distant past, the three rental properties Christine Peterson...
Timber!
This from the WSJ Logistic Report’s Paul Page:
Lumber prices have tumbled into building season, a sign that residential construction and home-improvement markets are buckling...
Record Hardship Withdrawals to Avoid Evictions or Foreclosures
Brett Arends of MarketWatch reports on record hardship withdrawals to avoid evictions or foreclosures. He writes:
Rising numbers of Americans are making emergency “hardship withdrawals”...
Housing Starts Hit Four-Year Low
Aarthi Swaminathan of The Wall Street Journal reports that U.S. housing starts fell short of expectations on Wall Street. Swaminathan writes:
Construction of new U.S....
Will China’s Property Rescue Plan Be Enough?
Thomas Hale and Joe Leahy of the Financial Times report that Beijing has unlocked funding to buy up unsold housing, but much more is...
NYC’s Plan to Develop a “Harbor of the Future”
Stephen Lee of Bloomberg reports that New York City will take control of 120 acres from Brooklyn Bridge Park to Red Hook to develop...
New Home Sales See Biggest Jump Since December 2022
Aarthi Swaminathan of MarketWatch reports that new-home sales are up nearly 9%, boosted by strength in the Northeast. He writes:
The numbers: Sales of newly...
America’s Pandemic-Driven Warehouse Boom is Losing Steam
Liz Young of The Wall Street Journal tells her readers that average leasing rates across the U.S. have flattened out, with deals to be...
Want to Buy a Home?
Want to buy a home or know someone you love who wants to? Don’t let current mortgage rates keep you from building equity. Get...