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Housing prices are soaring in America — here's where they've climbed the most since the housing crisis
News 2 days ago
Housing prices are soaring in America — here's where they've climbed the most since the housing crisis

The average home value has risen 16% since the 2008 housing crisis. Prices have risen by as much as 75% in the hottest markets. Data from...

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Costco rival BJ's Wholesale Club just filed to go public — here's what it's like to shop there
News 2 days ago
Costco rival BJ's Wholesale Club just filed to go public — here's what it's like to shop there

BJ's Wholesale is a membership-based warehouse club selling everything from fresh produce to furniture. BJ's competes with other warehouse clubs...

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A 'self-fulfilling prophecy' is making the housing market more hellish for first-time buyers
News 5 days ago
A 'self-fulfilling prophecy' is making the housing market more hellish for first-time buyers

The share of Americans who think now is a good time to buy because home prices won't fall is at a record high, according to the University of...

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'A difficult pill to swallow:' California's housing industry is bracing for a new regulation that could make its affordability crisis worse
News 1 week ago
'A difficult pill to swallow:' California's housing industry is bracing for a new regulation that could make its affordability crisis worse

Last week, California became the first US state to require solar panels on all new homes.  The regulation takes effect in 2020, and some economists...

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Half of the biggest housing markets in the US are overvalued — and it could spell trouble for homebuyers
News 1 week ago
Half of the biggest housing markets in the US are overvalued — and it could spell trouble for homebuyers

The US housing market is tough for buyers right now — low supply has led to high demand and an increase in prices. Nationally, home prices rose by...

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Amazon's partnership with GM is a 'vast and lucrative' opportunity for the struggling automaker (AMZN, GM)
News 3 weeks ago
Amazon's partnership with GM is a 'vast and lucrative' opportunity for the struggling automaker (AMZN, GM)

Amazon can now deliver packages to certain OnStar-equipped GM vehicles, the companies said this week. Not only will this help Amazon reduce...

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Americans agree housing is a good investment — but some deeper differences reveal how severe the new crisis is becoming
News 1 month ago
Americans agree housing is a good investment — but some deeper differences reveal how severe the new crisis is becoming

The majority of Americans think housing is a good investment, a survey by the New York Federal Reserve showed. But there are interesting...

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Bed Bath & Beyond's stores have been slammed as 'devoid of inspiration' and 'a mess' — we went shopping there to see if it was true (BBBY)
News 1 month ago
Bed Bath & Beyond's stores have been slammed as 'devoid of inspiration' and 'a mess' — we went shopping there to see if it was true (BBBY)

Bed Bath & Beyond is struggling to keep up with its competition.  Its stock took a hit after the company reported disappointing guidance for 2018...

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Sears is closing its last Chicago store after 80 years in business (SHLD)
News 1 month ago
Sears is closing its last Chicago store after 80 years in business (SHLD)

Sears is closing its last remaining store in Chicago. Sears was based in Chicago for more than a century. In its heyday in the 1970s, the company...

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Sears is closing more stores and selling others in an online auction (SHLD)
News 1 month ago
Sears is closing more stores and selling others in an online auction (SHLD)

Sears is closing several stores and selling 16 others in an online auction. The closing stores include Kmart and Sears locations in Wilmington,...

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Teachers in San Francisco are some of the best-paid in the US, but they still don't make enough to afford 99% of the homes on the market
News 1 month ago
Teachers in San Francisco are some of the best-paid in the US, but they still don't make enough to afford 99% of the homes on the market

Housing is so costly in San Francisco that the average teacher can only afford 0.7% of the homes on the market, according to a Trulia study. Most...

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Manhattan home sales plunge to the slowest pace since 2009 as buyers fight for bigger discounts
News 1 month ago
Manhattan home sales plunge to the slowest pace since 2009 as buyers fight for bigger discounts

The pace of condo and co-op sales in Manhattan slowed in the first quarter to an almost nine-year low, according to the real-estate appraiser...

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The impending shutdown of a New York City subway line is clobbering rents in parts of Brooklyn
News 1 month ago
The impending shutdown of a New York City subway line is clobbering rents in parts of Brooklyn

Rents in North Brooklyn are falling more than a year before the L train is set to shutdown between Manhattan and Brooklyn, according to Streeteasy....

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Americans in almost every state saw their incomes go up last year
News 1 month ago
Americans in almost every state saw their incomes go up last year

The Bureau of Economic Analysis recently released data on personal income growth between 2016 and 2017 in each state and Washington DC. Income rose...

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We went to Nike and Under Armour to see which was a better store — and the winner was clear (NKE, UA)
News 1 month ago
We went to Nike and Under Armour to see which was a better store — and the winner was clear (NKE, UA)

Under Armour has been struggling to keep up with its biggest rivals. The brand has made a big push to be more fashionable, but many of its efforts...

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30 places Google says Americans want to buy vacation homes, from Canada to Argentina
News 1 month ago
30 places Google says Americans want to buy vacation homes, from Canada to Argentina

Exotic locales from Canada to South America draw millions of tourists every year. But some vacationers are looking for more than a one-time visit —...

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First-time homebuyers are facing a 'perfect storm' — and there's no relief in sight
News 2 months ago
First-time homebuyers are facing a 'perfect storm' — and there's no relief in sight

Starter homes have become smaller, pricier, and of less quality than any category of houses over the six years that Trulia has been keeping track. ...

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American homes are more affordable than they've been in 40 years — but that could change sooner than you think
News 2 months ago
American homes are more affordable than they've been in 40 years — but that could change sooner than you think

Buying a home in America is the most affordable it's been since 1980, according to new data from Trulia. Mortgage rates have dropped, which...

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Nasdaq slams upstart rival IEX with an intellectual property lawsuit
News 2 months ago
Nasdaq slams upstart rival IEX with an intellectual property lawsuit

Nasdaq, the exchange operator, has filed a lawsuit against upstart rival IEX in a New Jersey court. It claims IEX, the exchange made famous in the...

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The new housing crisis is so bad that a growing number of buyers are rushing to bid on places they've never seen
News 2 months ago
The new housing crisis is so bad that a growing number of buyers are rushing to bid on places they've never seen

About one-third of homebuyers surveyed by Redfin late last year said they made offers on houses they hadn't seen yet.  It's a sign of how heated...

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America's richest people buy homes in 'power markets' — here are the 17 most expensive and exclusive places
News 2 months ago
America's richest people buy homes in 'power markets' — here are the 17 most expensive and exclusive places

Luxury real estate "power markets" are the places where rich people spend the most money, says a new report from Coldwell Banker. Rich people flock...

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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, ROKU, BCS, AMZN)
News 2 months ago
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, ROKU, BCS, AMZN)

Here is what you need to know. Stocks plunged at the end of Wall Street trade. The Dow Jones industrial average tanked 450 points off its highs in...

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Homebuyers now have something else to be worried about besides the housing shortage
News 3 months ago
Homebuyers now have something else to be worried about besides the housing shortage

Mortgage rates have climbed to a two-year high.  What's different about this rise is a growing concern that borrowing costs are more likely to...

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The most expensive houses in America are giving owners the worst bang for their buck (Z)
News 3 months ago
The most expensive houses in America are giving owners the worst bang for their buck (Z)

Starter home values are rising at a faster clip than luxury homes, according to Zillow. The trend has been in place for at least five years, but...

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JCPenney is laying off 670 workers as it closes its 2-million-square-foot facility in Wisconsin (JCP)
News 3 months ago
JCPenney is laying off 670 workers as it closes its 2-million-square-foot facility in Wisconsin (JCP)

JCPenney is closing a two-million-square-foot facility in Wisconsin. 670 employees will lose their jobs.  The decision was made to fix the fact...

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Pepsi is investing in a $1 billion part of its business to avoid the retail apocalypse that wrecked Sears and Macy's (PEP)
News 3 months ago
Pepsi is investing in a $1 billion part of its business to avoid the retail apocalypse that wrecked Sears and Macy's (PEP)

PepsiCo announced Tuesday it is reinvesting some of the millions of dollars it is saving under the new GOP tax plan in e-commerce. E-commerce...

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Someone is selling their New Jersey house for $2.3 million in bitcoin — and it's a growing trend
News 3 months ago
Someone is selling their New Jersey house for $2.3 million in bitcoin — and it's a growing trend

A $2.3 million house in Middletown, New Jersey, is accepting bitcoin as a form of payment. Bitcoin is becoming increasingly accepted in the real...

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The 15 American cities where competition to buy a home is fiercest
News 3 months ago
The 15 American cities where competition to buy a home is fiercest

Over-demand for homes is ruling the housing market in many cities. Buyers in the best position to buy a home typically have mortgage financing in...

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Amazon's new HQ2 could come with a scary consequence for renters in the final cities — here's who is most at risk
News 4 months ago
Amazon's new HQ2 could come with a scary consequence for renters in the final cities — here's who is most at risk

Amazon has narrowed its search for the site of its next headquarters, dubbed HQ2, to 20 cities. Amazon HQ2 would have great economic impact on the...

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ZILLOW: Here are the US cities where the housing shortage is at 'crisis levels' (Z)
News 4 months ago
ZILLOW: Here are the US cities where the housing shortage is at 'crisis levels' (Z)

America's housing shortage is at "crisis levels," according to Zillow.  The number of homes available for sale fell for a third straight year in...

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