Is the Palisades Fire a Reignition Blaze from New Year’s Eve?
The deadly Palisades fire may have been caused by the reignition of a New Year’s Eve fire caused by fireworks, according to evidence from...
American Homebuilder Sentiment Reaches New High After Election
Michael Sasso of Bloomberg reports that US homebuilder sentiment reached a seven-month high after the election. Sasso writes:
Confidence among US homebuilders advanced to a...
Rate Cut Was Too Late in the Year to Lure Home Buyers
Nicole Friedman and Gina Heeb of The Wall Street Journal report that September home sales fell 3.5% from a year earlier. In 2023, home...
U.S. Warehousing Boom Has Ended
Liz Young of The Wall Street Journal reports that warehouse vacancy rates are rising, and payrolls in the sector also contracted sharply last month...
Home Buyers Staying on the Sidelines
Nicole Friedman of The Wall Street Journal reports that home prices remain high, and many buyers are sticking to the sidelines despite falling rates. Freidman...
Home Prices Hit Record for Second Straight Month
Nicole Friedman of The Wall Street Journal reports that home sales slowed again, ending a disappointing spring selling season as prices hit a record...
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”...