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HomeReal Estate

Real Estate

Investments

US Home Prices Hit New Record High, Despite Soaring Mortgage Rates

September 26, 2023 Mariel Alumit

US home prices rose for the 5th straight month in July (the latest data from Case-Shiller), jumping 0.9% MoM and shifting into the green (+0.1%) on a year-over-year basis for the first time since February, […]

Finance

Chicago’s Trillion-Dollar Financial Engine At Risk Of Leaving Over $800 Million Tax Proposal

September 24, 2023 Mariel Alumit

As the winds whip through the canyons of Chicago’s skyscrapers, a storm is brewing between the city’s derivatives powerhouses like DRW, IMC, CME, and Cboe, and a new mayoral administration desperate to fill its half-a-billion-dollar […]

Price
Investments

Airbnb Stock: Is It A Buy Or Sell? Here’s What Fundamentals, ABNB Stock Chart Action Say

September 22, 2023 Mariel Alumit

Airbnb’s Relative Strength Rating stands at a respectable 89 on a scale of 1 to 99, but that’s down from 92 in recent days. The post Airbnb Stock: Is It A Buy Or Sell? Here’s […]

Mayor
Housing

Mayor Adams’ new housing plan targets every NYC neighborhood

September 22, 2023 Mariel Alumit

Mayor Eric Adams on Thursday unveiled a sweeping new plan meant to spur more housing development in every New York City neighborhood — from the suburban swaths of Staten Island to the skyscraper canyons of […]

Rishi
Climate Crisis

Rishi Sunak announces U-turn on key green targets

September 20, 2023 Mariel Alumit

Rishi Sunak has announced a major U-turn on the government’s climate commitments as he promised to put his party on a more radical path in an attempt to close the gap with Labour before the […]

Real Estate

Sliding Home Prices Weigh On China’s Feel-Good August Data

September 18, 2023 Mariel Alumit

By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and analysts 1. The worst of China’s economic downturn may be behind us as stimulus impact feeds through. Data released Friday showed industrial production and […]

Climate Crisis

New York’s New Anti-Pollution Law Is Here. Even Supporters Don’t Like It.

September 16, 2023 Mariel Alumit

This week, Mayor Eric Adams released proposed guidelines for Local Law 97, trailblazing climate legislation that limits fossil fuel emissions from large buildings. Not everyone was happy with the proposed rules. Much of the criticism was […]

Inflation

Rent Control Is The Wrong Solution For Housing Affordability

September 16, 2023 Mariel Alumit

Authored by Patrice Onwuka via RealClear Wire, My family moved to the United States from the Caribbean in 1985. About eight years later, my parents saved enough to purchase a two-family home in the quiet […]

Finance

Manhattan Rental Market ‘Peaks’ As Affordability Wanes

September 15, 2023 Mariel Alumit

Demand for apartments across Manhattan slowed in August, a month typically marked by a surge ahead of the back-to-school season. This indicates that record-high rents have likely pushed potential renters to the sidelines. More broadly, […]

International News

Forget The Second Home At The Lake, US Vacation Home Buyers Are Going To Mexico

September 13, 2023 Mariel Alumit

Authored by Mark Gilman via The Epoch Times (emphasis ours), With the average 30-year fixed mortgage interest rate now over 7 percent and a shockingly low inventory of homes available, Americans are looking for second […]

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