Tag: housing market
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As affordable housing disappears, states scramble to shore up the losses
LOS ANGELES (AP) — For more than two decades, the low rent on Marina Maalouf’s apartment in a blocky affordable housing development in Los...
Billionaires Are Selling Costco. These 2 Retail Stocks Are Better Buys.
Costco Wholesale (NASDAQ: COST) has been one of the best-performing stocks in the retail sector.Shares of the membership-based warehouse chain have jumped more than...
Caterpillar Stock Jumped To a Record High Thursday—Here’s Why
Key TakeawaysCaterpillar shares hit a record high Thursday and are up more than 30% this year.Reports of fresh Chinese stimulus measures drove a broad...
Uninsurable homes are selling for all cash at a deep discount
There’s an incredibly risky two-pronged trend in the housing market. Insurance companies are refusing to cover properties because they’re located in severe weather zones...
Something big is happening in the housing market: What Fed rate cuts will actually do
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.Most Read from Fast CompanyOn Wednesday, Fed Chair Jerome Powell announced that the...