Sales of cheaper houses spiked in July: Analysis
Sales of the lowest priced homes surged in July, a sign that the housing sector, battered by interest rate hikes by the Federal Reserve, is recovering. Pending sales in the “starter home” category have increased 10.2% since July 2023, according to figures released Monday by real estate firm Redfin. That compares with a 6.5% decrease […]
Sales of cheaper houses spiked in July: Analysis
Sales of the lowest priced homes surged in July, a sign that the housing sector, battered by the Federal Reserve’s interest rate hikes, is recovering. Pending sales in the “starter home” category have increased 10.2% since July 2023, according to figures released Monday by real estate firm Redfin. That compares with a 6.5% decrease in […]
We’re retired sisters and live in France — buying a house abroad was cheaper than the US
Jennifer McGuire and Kat McAfee They wanted to retire but quickly realized they couldn’t afford it. “I realized I wasn’t going to have a decent quality of life living off my Social Security benefits,” McAfee said. “I still had a mortgage and no savings or investments.” As of 2020, Maguire, 72, was working as a […]
Buying into Charlie Scharf’s 5-year turnaround plan for Wells Fargo just got a bit cheaper – CNBC
When Charlie Scharf took the reins at Wells Fargo five years ago, the bank was in turmoil. A series of scandals had put the 172-year-old bank under regulatory scrutiny, badly damaging its reputation and causing its stock price to fall by billions of dollars. Now in 2024, Wells Fargo looks like a completely different bank, […]