The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.6% from the prior month, the second month in a row of declines. The index formed […]
Inflation might not go back into the bottle voluntarily, and these mortgage rates – considered low in 1970-2000 – might stick around. By Wolf Richter for WOLF STREET. The average conforming 30-year fixed mortgage rate rose to 7.0% […]
Environmental agencies in nine states will work together to reduce planet-warming carbon emissions by making electric heat pumps the norm for most new home HVAC equipment sales by 2040. The memorandum of understanding, spearheaded […]
It’s called the “solar coaster:” The ups and downs the industry faces as solar-friendly policies ebb and flow. And in North Carolina, rooftop installers are in the middle of one wild ride. On the […]
Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going […]
For the fourth year in a row, liberal California topped U-Haul’s Growth Index list for having the largest net outbound movers in 2023. U-Haul publishes its Growth Index report every year, analyzing the difference between the number […]
Despite enormous federal and state subsidies for rooftop solar installations, the industry is failing due to a change in California’s “net metering” law that lowered the rate that rooftop homeowners could receive for their excess […]
Communities in southern Maine are collaborating on a pilot program that aims to help residents overcome cost and logistical barriers to accessing climate-friendly home energy upgrades. Five towns and two regional nonprofits received a three-year, […]
New Hampshire’s Department of Energy has requested a $70 million federal grant to expand community solar programs for low-income residents, an infusion of funds that supporters said could lower energy bills, accelerate decarbonization, and […]
While China keeps regurgitating the same tired and trite line about an “imminent” fiscal and housing stimulus, which reportedly is in the “trillions” of yuan, yet which to date is entirely imaginary and never actually […]
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