Rising costs and falling confidence in the U.S. economy are fast becoming a toxic cocktail for the housing market. As a result, a growing number of buyers are backing out of deals they’ve made w...
Tag: Real estate
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...
U.S. is in housing recession, homebuilders say
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images Builder sentiment in the market for single-family home...
WeWork’s Adam Neumann secures millions in funding for his new company Flow
Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
Duke Energy Sees a Bright Future for Nuclear Power
I figured I’d put the uranium rods near the basketball hoop. Water from the nearby garden hose would serve as both the coolant and the moderator, slowing the neutrons enough to keep my chain reaction ...
Anguilla Residency Program Offers New Tax Haven For Investors
Picture from the Caribbean island of Anguilla. getty Anguilla, a British territory in the Caribbean, is a new member of the group of countries offering citizenship-by-investment. It could well become ...
Why an analyst says sell these four big software stocks
Salesforce Inc.’s stock gets a lot of love on Wall Street, with 43 of the 49 covering analysts tracked by FactSet rating the shares the equivalent of buy. But Guggenheim analyst John DiFucci bucked th...
Which Are Morningstar’s 10 Most Undervalued REITs?
While real estate investment trusts have rallied over the past eight weeks, the FTSE Nareit Equity REITs index remains down 12% in 2022 through Aug. 10. Rising interest rates have dented REITs, which ...
Here’s where China’s real estate troubles could spill over
China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a residential complex under construction on Dec. 15, 2021, in Guizhou ...
Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap
Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of large-cap oil stocks a...
Why home prices can stay high, complicating the Fed’s battle against inflation
Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...
BBC Reality Series Dubai Hustle Exhibits The UAE’s Growing Real Estate Sector
DUBAI, UNITED ARAB EMIRATES – FEBRUARY 24: Dubai city skyline is seen from The Five hotel on The … [+] Palm on February 24, 2021 in Dubai, United Arab Emirates. Dubai is open for business,...
New Technology Brings New Opportunities: U.S.-China Business Forum
Zhonglu Group Vice Chairman George Wang George Wang Technology advances are bringing new ways for U.S. and China businesses to try to work together at a time of geopolitical tension, Zhonglu Group Vic...
Detroit real estate developers rebuild city amid budget shortfalls
A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. &...
Anguilla Residence Program Great For Tax Avoidance
Picture from the Caribbean island of Anguilla. getty Anguilla is a British territory located in the Caribbean. Unlike other Caribbean programs, such as those in St. Kitts, Dominica, Grenada, or Antigu...
Wild swings in mortgage rates last week caused a rare surge in refinancing
An “Open House” sign at the Saratoga Homes Glendale Lakes community development in Arcola, Texas, on Tuesday, July 12, 2022. Mark Felix | Bloomberg | Getty Images After dropping at the end...
Japanese shipping giant to take part in tidal power project
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power pr...
‘The real mortgage rate is a negative number.’ As inflation stubbornly sits at a 40-year high, do current mortgage rates look better than they seem?
What is the so-called ‘real mortgage rate’ and does it matter? Getty Images/iStockphoto I write about mortgage rates every week, but recently, I’ve heard some sources chattering about what’s called th...
Consumer confidence in housing market hits lowest in over a decade
A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market dropped to the lowest leve...
Climate change is making some homes too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural di...
Should you rent or sell your home if you’re setting off overseas?
One of the biggest questions that many older workers face when embarking on an international remote working or digital nomad lifestyle is what to do with their single most valuable asset: their home. ...
‘I’m in a very lucky position’: I will receive a $300,000 inheritance. Should I pay off my mortgage or invest the money?
I currently owe $300,000 on my house with a 2.5%, 30-year mortgage. I am maxing out my retirement accounts — IRA and 401(k) — and looking to retire in less than 10 years. I will receive an inheritance...