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Trump’s Palm Beach estate hits the rental market for $208,000 a month
Now you can immerse yourself in former President Donald Trump’s White House – the one in Palm Beach, that is. The sprawling Florida mansion owned by Trump has hit the rental market for $208,000 a month, according to a new listing. Built in 1956, the 10,455-square-foot expanse features eight bedrooms, 11 bathrooms, and 200 feet […]
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Real estate experts see slowing Bay Area housing market
Real estate experts see slowing Bay Area housing marketKPIX CBS SF Bay Area Bay Area home sales down 17%, report saysKRON4 More supply met with less demand in the Bay Area housing marketNBC Bay Area Is the California real estate market finally calming down? Here’s the latest home sales and price dataSan Francisco Chronicle See […]
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Rents in the United States have just reached a new record | CNN Business
CNN — Rents in the United States again hit a new high in April, and they are expected to continue to rise. The national median rent was $1,827 per month in April, up 16.7% from a year ago, according to a report from Realtor.com. The rent has been steadily increasing since the beginning of last […]
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US home sales fell again in April as prices hit new high | CNN Business
CNN — Home sales fell for the third straight month in April as rising mortgage rates and affordability issues pushed many potential buyers out of the market. Still, prices continued to climb, reaching an all-time high. The median home price in April was a record $391,200, up 14.8% from a year ago, according to a […]
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Sales of existing homes fell in April to the lowest level since the start of the pandemic
A pending sale sign is displayed in front of a home for sale on March 18, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Sales of previously owned homes in April fell at the lowest pace since the start of the Covid pandemic, according to the National Association of Retailers. Existing home sales […]
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Weekly mortgage demand from homebuyers drops 12% as rising interest rates wreak havoc
A sign of a house for sale is pictured in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Demand for refinance and purchase loans fell, leading to an 11% drop in total […]
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Home Depot raises full-year outlook after beating profits and posting first-quarter sales
The Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly results, fueled by the company’s largest-ever first-quarter sales. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared to what Wall Street expected, based on a Refinitiv analyst survey: Earnings per share: $4.09 vs $3.68 expected Revenue: […]
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Every home in America now has a wildfire threat score, and some regions are seeing a 200% jump in risk
Laguna Niguel, Calif. May 11, 2022 – Firefighters battle a brush fire at Coronado Pointe in Laguna Niguel on Wednesday. Wally Skalij | Los Angeles Times | Getty Images The raging wildfires in New Mexico and California may offer an ominous prospect for a growing part of America, and not just in the West. The […]
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China could take on more debt as lockdowns hit economy
Covid lockdowns have hit the Chinese economy, and the Asian giant may need to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are dampening its […]
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China could take on more debt as lockdowns hit economy
Covid lockdowns have hit the Chinese economy, and the Asian giant may need to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are dampening its […]