Fortune

Warren Rotax, 67, stacks a freshly milled board of tongue and groove pine June 19, 2024 at Clifford Lumber in Hinesburg, Vermont. Clifford Lumber was established in 1929 by Harold Clifford and is now run by his grandson, Lynn Gardner, and his son, Peter Gardner. (Photo by Robert Nickelsberg/Getty Images)

Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’

Markets Insider

"When it comes to the housing market, the laws of supply and demand don't seem to apply any longer," the economist David Rosenberg said.

The US housing market has entered bizarro world

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

Fox Business

Expensive mortgages are the "No. 1 killer of the marketplace right now," says National Association of Home Builders CEO Jim Tobin, who signals home builders, buyers and sellers are "pulling back."

Homebuilder warns real estate market is becoming victim to its 'No. 1 killer'

Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in June. NOTE: The tables for active listings, new listings and closed sales all include a comparison to June 2019 for each local market (some 2019 data is not available). This is the second look at...

2nd Look at Local Housing Markets in June

GOBankingRates

Halfway through the year and it's still a seller's market in many U.S. real estate markets. According to Forbes, there are only around three months' worth of inventory right now -- at least in some...

7 Types of Homes Expected To Soar in Value by the End of 2025

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

The Shy Green

Salt Life Beer, a beloved brand synonymous with ocean enthusiasts and craft beer lovers, is facing turbulent times as it files for Chapter 11 bankruptcy. Known for its crisp and refreshing lager inspired by the sea, Salt Life Beer has become a staple for those who cherish the ocean's allure.

Another famous beer brand is going bankrupt and will file for Chapter 11

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

J. Souza

After hitting the jackpot in the cruise ship's casino, one man was shocked by the prize he won. A recent TikTok video has gotten a lot of attention, showcasing a couple's unexpected windfall during a cruise vacation.

Cruise Passenger Wins Jackpot on Cruise and Gets $50k Cabin Upgrade

Competition is fading fast after the peak of this year's affordability-challenged home shopping season. SEATTLE, July 16, 2024 -- Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to the latest monthly report from Zillow®. "A growing segment...

Nearly 1 in 4 sellers cut home prices as inventory grows

Business Insider

These are today's mortgage and refinance rates. Mortgage rates decreased last week thanks to slowing inflation, and they should trend down further soon.

Mortgage Interest Rates Today, July 14, 2024 | Rates Low After Dropping Last Week

Tennessee State

Flour, Eggs and Yeast

We all know that bacon has a cult following, and it is very common to hear bacon makes everything better in everyday life. While bacon is rarely known for health benefits, it is a good idea to check your labels as this public notice deals with potentially serious side effects from sodium nitrate levels that exceed regulation limits.

Bacon Recalled Due to Extreme Sodium Nitrite Levels

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

North Carolina State

Charlotte, NC

Town Talks

When it comes to grocery shopping, consumers often debate the prices at different stores. In North Carolina, two chains are particularly known for their higher prices:. Locations: 16 across North Carolina, predominantly in larger cities like Charlotte and Raleigh.

North Carolina Is Home To Two Of The Most Expensive Grocery Stores in America

Pennsylvania State

WASHINGTON (Reuters) -The FBI said on Monday it has gained access to the phone of the Thomas Matthew Crooks, the suspect in the shooting of former President Donald Trump, as it continues to investigate his motive for the crime. The FBI stressed that its investigation into Saturday's shooting, which is...

FBI says it has gained access to Trump shooting suspect's phone

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Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

Mortgage rates aren’t as good as they once were, but they’re as good once… as they ever were. The 30-year fixed-rate mortgage (FRM) averaged 6.89% Thursday, according to Freddie Mac’s Primary Mortgage Market Survey. That’s not as good as it was June 27, at 6.86%, and definitely not as good as it was once, in 2020.

Average Mortgage Rate Drops Six Basis Points From Last Week

NewsBreak

US single-family housing starts hit eight-month low; green shoots in manufacturing

WASHINGTON (Reuters) - U.S. single-family homebuilding fell to an eight-month low in June amid higher mortgage rates, suggesting the housing market was likely a drag on...

US single-family housing starts hit eight-month low; green shoots in manufacturing

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