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

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

Business Insider

Home prices increased somewhat last year, and they're expected to tick up a bit in 2024 as well. Here's why we probably won't see home prices drop in 2024.

Will home prices drop in 2024?

The S&P 500 has produced a positive return 100% of the time during the second half of election years involving an incumbent president. The S&P 500 has returned an average 4% during the second half of presidential election years, but it has returned an average of 11% when the election involved an incumbent (like Joe Biden in 2024).

This Stock Market Indicator Has Been 100% Accurate Since 1964. It Signals a Big Move in the 2nd Half of 2024.

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

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

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?

Virginia State

History Facts lists eight names US parents no longer give their newborns, which you may no longer hear in Virginia. The girls' names are Doris, Gertrude, Mildred, and Judith. I know or have known women with all four names, but they are either baby boomers or boomer parents' ages and someone's grandma or great aunt. Consider the ages of females in Virginia you know with these names.

Eight names parents in Virginia may no longer be giving to their newborns

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

Markets Insider

Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.

The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says

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

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Pennsylvania State

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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

North Carolina State

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Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

The U.S. gross domestic product (GDP) expanded at an annualized rate of 2.8% in the second quarter, which marks a massive jump from the 1.4% growth rate observed in the first quarter and much higher than the consensus of 2.0%. "While that handily exceeded expectations, we suspect that it may...

Citi sees Fed cutting rates at each consecutive meeting staring in September

New Jersey State

Burlington County, NJ

Morristown Minute

Officials Celebrate Success and Expansion of Meal Initiatives for Children. Morristown, NJ — State and local officials, including New Jersey Secretary of Agriculture Ed Wengryn, gathered July 18, 2024, at Pemberton Early Childhood Learning Center in Burlington County to spotlight the achievements of the Summer Food Service Program (SFSP) and the innovative Summer EBT initiative, which provides substantial support to low-income families during the summer months.

NJ's $120 Summer EBT Feeds Child Nutrition

NewsByJoshua

Bob’s Stores, a beloved retailer known for its mix of sports apparel and discount clothing, is now facing a heartbreaking turn as it undergoes liquidation following its bankruptcy filing.

Beloved Retailer Moves to Liquidate Assets Amid Bankruptcy

West Virginia State

Norfolk, VA

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

Washington State

Timothy A Gruver

Washington state Insurance Commissioner Mike Kreidler announced on Monday that he has fined Unite Health Share Ministries $300,000 for illegally selling insurance in Washington.

Unite Health Fined $300K for Unauthorized Insurance Sales

NewsBreak

Average rate on a 30-year mortgage inches up to 6.78%, first uptick in three weeks

LOS ANGELES (AP) — Mortgage rates inched higher this week, keeping the average rate on a 30-year mortgage essentially flat and near the 7% range it’s...

Average rate on a 30-year mortgage inches up to 6.78%, first uptick in three weeks

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