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HomeHousing

Housing

EnergyNews

Maine hopes IRA money will get heat pumps to more people, especially in multifamily housing

November 16, 2023 Mariel Alumit

​ Maine is drafting plans for its share of nearly $9 billion in home energy and efficiency rebate funding from the Inflation Reduction Act, with a straw proposal due out by the end of the […]

Market
Housing

How Affluent Homebuyers Are Keeping Luxury Real Estate Market Afloat

November 9, 2023 Mariel Alumit

Undaunted by rapidly rising mortgage rates, many rich Americans haven’t given up on their poolside pads and high-end condos just yet. Luxury home prices climbed 9% to hit $1.1 million, the highest third-quarter level ever […]

Electrical Generation / Utilities

Maine eyes time-of-use rates to encourage cheaper home electrification

November 8, 2023 Mariel Alumit

​ Maine is considering new kinds of electric rates to encourage more widespread home adoption of electric vehicle chargers and heat pumps while easing the strain these technologies add to the power grid. Central Maine […]

England
Housing

UK mortgage approvals nosedive – Bank of England data

October 31, 2023 Mariel Alumit

British lenders approved 43,328 mortgages in September, the lowest number since January, the Bank of England reported on Monday, adding to concerns about the housing market. The figure was down from 45,400 in August, marking […]

Property
Housing

These Are The Cities With The Most Bubble Risk In Their Property Markets

October 28, 2023 Mariel Alumit

Buoyed by low interest rates for the last decade, many property markets have seen substantial price growth since 2010. Experts warned that real estate bubbles—in which the price of assets moved up far beyond their intrinsic value—were […]

Housing

Is The 6% Fee For Selling A House About To Get Trashed?

October 24, 2023 Mariel Alumit

Authored by Mike Shedlock via MishTalk.com, An antitrust lawsuit against the National Association of Realtors (NAR) is underway. I expect the NAR to lose. Antitrust Lawsuit Against the NAR The case, filed in Missouri is Burnett […]

Price
Housing

Census Data Shows 871,000 Californians Left The Imploding State In 2022

October 21, 2023 Mariel Alumit

California has sustained massive population declines since the Covid pandemic. Residents have been fed up with radical authoritarian progressive politicians, as well as shit-covered streets, imploding metro areas, out-of-control homelessness, open-air drug markets, soaring violent […]

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 […]

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 […]

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