Washington State

Fox Business

New data published Tuesday by the National Association of Realtors shows that the median existing home sale price smashed another record high in June.

Home prices smashed another record in June as sales slump

In June, new home construction in the US accelerated, yet a drop in single-family housing starts to an eight-month low highlighted challenges in the real estate market exacerbated by high interest rates…. According to Yahoo, building permits, a proxy of future construction activity, rose 3.4% to a 1.45 million annual...

US Housing Starts Increase on Pickup in Multifamily Construction

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

Blanco, TX

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Brigid Pfeifer

There were a number of celebrities who passed away within the past week, including two notable actresses: Shelley Duvall and Shannen Doherty. Shelley Duvall passed away on Thursday July 11th at her home in Blanco, Texas. The cause of death was complications from diabetes and news of her death was confirmed by her partner Dan Gilroy.

Two Beloved Hollywood Actresses Have Passed Away This Week

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

WashingtonExaminer

Existing home sales fell in June for the fourth month in a row as median sales prices hit record levels, bad news for the housing market and the broader economy. Existing home sales in June fell a notable 5.4% to a seasonally adjusted annual rate of 3.89 million, the National Association of Realtors reported on Tuesday, as higher mortgage rates and home […]

Bad housing market news: Existing home sales plunge as prices hit record

Reuters

TOKYO (Reuters) - Japan's factory activity contracted slightly in July as output and new orders fell and firms remained under pressure from higher prices, a business survey showed on Wednesday.

Japan's July factory activity slips, service sector solid, PMI shows

Home prices are projected to increase in 2025. We're just halfway through 2024 and experts are already developing opinions about the 2025 housing market. According to Fast Company, which cites data from the ResiClub blog, most experts predict an average 2.5% rise in home prices during 2025. Goldman Sachs predicts the highest increase at 4.4%, while Moody's is the most conservative, expecting only a 0.3% rise. Beyond 2025, Goldman Sachs anticipates that home price growth will align with the historical average of 4.5% per year, while Moody's expects prices to remain relatively flat.

Here’s What Experts Are Predicting for the US Housing Market in 2025

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Jackson, MS

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Byram, MS

Mississippi News Group

Written with A.I. assistance. According to the Byram Police Department, in a coordinated effort involving multiple law enforcement agencies, 19-year-old Martravious Jamye Douglas of Canton was apprehended at Spring Lake Apartments in Byram yesterday evening. Douglas, wanted by the Jackson Police Department in connection to two separate murder cases, was located in building 6 of the apartment complex.

Suspect in Two Murders Apprehended in Byram Apartment

Homebuyers shouldn’t expect market conditions to improve too much in the second half of 2024, with mortgage rates likely to remain elevated and supplies tight. Economists expect home prices will rise by about 4%, and mortgage rates to remain at about 6.5%, in the second half. Despite strong demand...

What to Expect in the Housing Market in the Second Half of the Year

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

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

California State

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Georgia State

Douglas, GA

Daily Coffee Press

Last week, a 32-year-old was arrested on trafficking charges after allegedly fleeing from a traffic stop and abandoning the vehicle with a child in the passenger seat. The chase resulted in the discovery of 230 grams of methamphetamine, which the suspect allegedly threw out while fleeing on foot. According to local detectives, the vehicle the suspect was driving was registered to NFL football player Tyreek Hill.

Man Driving Vehicle Registered to Tyreek Hill Arrested on Drug Trafficking Charges in Douglas

Shenandoah, PA

The Shenandoah (PA) Sentinel

NORTHERN SCHUYLKILL – The following is a collection of police incidents reported by local law enforcement...
The post Police Log, 7/10/2024 first appeared on The Shenandoah Sentinel.

Police Log, 7/10/2024

Morgan Stanley has forecasted that the crude oil market, currently experiencing tight conditions, will likely move into surplus next year as the investment bank anticipates that oil prices will drop to the mid-to-high $70s range by 2025. Morgan Stanley said that the tight market conditions are expected to persist for...

Oil market forecasts surplus in 2025, predicts Morgan Stanley

Existing home sales fell 5.4% month over month in June, sinking to a seasonally adjusted annual rate of 3.89 million units, according to data from the National Association of Realtors (NAR). That makes June the fourth straight month with a decline in resales, bringing activity to its slowest pace since...

Existing home sales slide for fourth consecutive month in June

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a net loss of $205.0 million, or $6.99 per share, the company website shows 54 stores closing in California with a 20% off sale.

List of 54 Big Lots stores closing in California with 20% off sale

NewsBreak

Washington Construction Aggregate Prices Increase 17.5%

As the U.S. economy has wrestled with the impacts of inflation over the last few years, construction has been one of the industries most impacted by...

Washington Construction Aggregate Prices Increase 17.5%

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