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

Homes in some pandemic boom towns are as much as 30% overvalued, one real estate analyst estimates.

The housing market is close to a rare buying opportunity with prices set to drop in pandemic boom towns, analyst says

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

The housing market looks far different than it did when the pandemic was just starting. These charts help explain why. It's no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken away consumers' purchasing power,...

The housing market, explained in 6 charts

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NewsByJoshua

Rite Aid is making headlines again, but unfortunately, not for the best reasons. The essential pharmacy chain is closing a staggering 400 stores, a major uptick from the 143 closures initially planned when it filed for Chapter 11 bankruptcy last October.

A large retail chain is shutting down hundreds stores after going through Chapter 11 bankruptcy

Lancaster County, PA

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

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

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

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?

Denver, CO

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David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

North Carolina State

Town Talks

As much as we want our pets to live forever, there will come a day when we have to say goodbye. Holding a memorial service for your pet and laying them to rest can be a great way to begin the healing process.

Can you bury a pet at home in your backyard in North Carolina? Here’s what state law says

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

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

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

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

Wyoming State

WyoFile

The Wyoming Democratic Party is calling on U.S. Rep. Harriet Hageman to apologize for calling Vice President Kamala Harris a diversity, equity and inclusion hire. “It took only three days for Harriet Hageman to disgrace herself on national television by launching a reprehensible and racist attack on Vice President Kamala Harris,” the WDP wrote in a statement .

Wyoming Dems demand Hageman apologize for calling Harris a ‘DEI hire’

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

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

NewsBreak

30-year fixed-rate mortgage edges up to 6.78%, Freddie Mac says

NEW YORK — The average rate on the popular U.S. 30-year fixed-rate mortgage edged up to 6.78% for the week ending Thursday, leaving it about half...

30-year fixed-rate mortgage edges up to 6.78%, Freddie Mac says

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