Savannah Guthrie is among the most recognizable and respected luminaries in the world of New York–based international journalism. The face and voice of the former White House correspondent and Georgetown-educated attorney are regularly broadcast into millions of homes in her roles as co-anchor of the Today show and host of the Macy’s Thanksgiving Day Parade. … Read more
Stories about soaring rents and the search for a new place to live taking months are all too common in London right now. The city’s rental market is in crisis, and renters are facing the consequences. One of them is Daniel Lloyd, who lives with his flatmate in southwest London. After living in their two-bedroom … Read more
town Calculated Risk on 2/03/2023 09:44:00 AM This was a strong report, and the revisions show job growth was stronger over the last year than originally reported. With revisions: The 4.81 million jobs added, 2022 was the 2nd best year for job growth in US history behind only 2021 with 7.27 million. The headline jobs … Read more
China’s real estate market has slumped in the last two years after Beijing cracked down on developers’ high reliance on debt for growth. Future Publishing | Future Publishing | Getty Images BEIJING — China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday. The property market … Read more
Christopher Hobbs – Sotheby’s International Realty Canada On the west coast of British Columbia, winter is invigorating. Wild squalls batter the rugged shorelines, marine mists waft between the pristine mountains, and refreshing rains awaken the scents of spruce and red cedar. Amid this elemental melange, Salt Spring Island plays host to scenic inlets, robust evergreens, … Read more
Reno, like almost every other real estate market in the US, is experiencing a cooling off following the Federal Reserve’s recent rate hikes strategy to combat the recession. As a result, once skyrocketing, prices are on the decline rapidly. However, the falling prices have not positively affected demand. This is largely because the interest rates … Read more
Former US President Donald Trump addresses the crowd during a 2024 election campaign event in Columbia, South Carolina, on January 28, 2023. Logan Cyrus | AFP | Getty Images The New York attorney general’s office on Tuesday said it will ask a judge to impose sanctions on former President Donald Trump and his attorneys in … Read more
HELOC use rose as cash-out refis dropped Last year, as mortgage rates climbed higher, accessing home equity by taking cash against it during refinancing — a so-called cash-out refi — became less appealing. Rates on mortgages went from close to 3% at the beginning of 2022 to a peak of above 7% in the fall. … Read more
Two developers in California are looking to lure a buyer willing to do something no other buyer has ever done before in Los Angeles history – pay between $50 million and a $100 million for a condo. A deal anywhere near those asking prices would shatter a record in the City of Angels, where no … Read more
town Calculated Risk on 1/31/2023 09:09:00 AM S&P/Case-Shiller released the monthly Home Price Indices for November (“November” is a 3-month average of September, October and November closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P: S&P Corelogic Case-Shiller … Read more
