Wall Street Journal, Feb. 7, 2024–Mengqi SunThe Treasury Department proposed a new rule that would require the disclosure of the names of people behind anonymous shell companies and trusts involved …
Category: Top National News
Rent Comes Down for the Wealthy, While Rising for the Rest
The Wall Street Journal, Feb. 6, 2024-Will ParkerLandlords are slashing rents this year. Most renters won’t save a dime.Click here for more (subscription)
Why Americans Are So Down on a Strong Economy
The Wall Street Journal, Feb. 7, 2024-Aaron Zitner, Amara Omeokwe, Rachel Wolfe and Rachel Lousie Ensign Clayton Wiles, a truck driver in North Carolina, earns about 20% more than three …
DataDigest: Where For-Sale Inventory Went and When It’s Coming Back
HousingWire, Feb. 7, 2024-Will RobinsonIt’s no secret that 2023 was a difficult year to buy a home. With mortgage rates briefly topping 8% and home prices breaking records throughout the …
Homeowners Are Refinancing Mortgages as Rates Stabilize
Newsweek, Feb. 7, 2024-Omar MohammedRefinancing activity rebounded for the week ending February 2 after declining the previous week, as mortgage rates stabilize in the under-7 percent level, contributing to a …
Weekly Mortgage Demand From Homebuyers Is Flattening as Interest Rates Rise
CNBC, Feb. 7, 2024-Diana OlickMortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back.Click here for more
Rent Comes Down for the Wealthy, While Rising for the Rest
Wall Street Journal, Feb. 6, 2024–Will ParkerLandlords are slashing rents this year. Most renters won’t save a dime. At penthouse apartments and sprawling single-family homes, property owners are offering big …
Luxury Retailers Are Buying Out Their Landlords
The Wall Street Journal, Feb. 5, 2024-Kate KingLuxury retailers, flush with cash, are spending big on real estate in the world’s most expensive and exclusive shopping corridors.Click here for more …
The $1B Question: Will the Money Raised for Distressed Office Be Successful?
Commercial Observer, Feb. 6, 2024-Brian PascusAssuming the office market comes back to reasonable health, then Jan. 28, 2024, could be an important date for future historians of finance to consider.Click …
Rental Market Heats Up–Most Popular Cities Revealed
MPA, Feb. 6, 2024-Candyd MendozaJanuary has emerged as a prime month for renters to secure deals on apartments, and recent data from RentCafe.com revealed which cities were the hottest markets …