Charlotte, North Carolina, is one of the hottest spots in the United States. From 1990 to 2000, its population grew by 36.6%: From 395,934 people to 540,828. From 2000 to 2010, it surged by another 35.2%: From 540,828 to 731,424 people. And though less but still impressive, from 2010 to 2020, Charlotte’s population grew by
Real Estate
The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current sky-high borrowing costs. Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range of 5.25% to 5.5%, the
Amid one of Europe’s most significant housing market downturns, Stockholm-based Beqo Hoti, who oversees Scandinavian markets, has set his sights on Spain and Greece south to better serve his Nordic clientele. The sun-soaked countries have long been favored by Scandinavians for second homes—and given their higher levels of income, many can afford the best. Beqo
An aerial image shows a red roofed house that survived the fires surrounded by destroyed homes and buildings burned to the ground in the historic Lahaina in the aftermath of wildfires in western Maui in Lahaina, Hawaii on August 10, 2023. Patrick T. Fallon | AFP | Getty Images Along East Boston’s waterfront sits The
Fall is in the air, and one of the great things about this season — aside from the cooler weather — is the opportunity to view such beautiful autumn colors. However, you don’t always have to go outside to see these brilliant hues. Here’s how to incorporate the luscious fall colors in your home. Decorate
Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the
The stately mansion has the type of presence one would expect in an affluent part of Washington D.C.: traditional, elegant and tidy. Yet beyond the restrained presence from the curb, the stone façade and the four-column entrance is a residence that delivers in big ways. Consider the mammoth size. This is not just a home
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the
For college students and those nearing graduation, it’s common to think about the future, including their career. Every year, undergrads call, email, and communicate with me on social media to ask for advice. They’re typically focused on finding their first full-time paying job. While gaining employment and becoming self-sustaining is essential to cover living expenses,
Residential buildings in Hong Kong, China on October 23, 2023. Vernon Yuen | Nurphoto | Getty Images Hong Kong’s leader John Lee this week eased the city’s decade-old residential property cooling measures — but questions remain on whether it’s enough to boost market sentiment and low transaction volumes for the private housing sector. “Although relaxation
With a reputation for having been the home of two early U.S. presidents, Charlottesville, Virginia, is steeped in history. Yet, only some things may be as old as they look. For example, a luxury 140-acre compound built in 2000 takes its style cues from historic estates while doubling down on modern-day luxuries. Eaglecrest, as it’s
Chris Wattie | Reuters The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting next week, even though the central bank’s preferred inflation indicator remains well above the 2% target rate. Late last month, Fed Chair Jerome Powell said ”inflation is still too high,” raising expectations that another rate hike may
The pattern shows up in many areas of the country: development activity fills in between two metropolitan areas, typically along one or more highways that connect them. Orlando to Tampa along I-4 is another prime example, and there are dozens more around the country. From New Braunfels to San Marcos, as well as closer-in suburbs,
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick / Getty As home prices and interest rates rise, would-be home buyers need a salary of $114,627 to afford a median-priced house in the U.S., according to a recent report by real estate site Redfin. If you want to buy in one of the most
As one of many actions to reach a net zero energy economy by 2050, the U.S. is finding ways to minimize the impact of existing housing, which is difficult because as a subset of the country’s overall decarbonization efforts, residential buildings have one of the most diverse existing landscapes. Variety is the spice of life,
Nurphoto | Nurphoto | Getty Images As mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing affordability dead? Has a version of the American dream — home ownership, kids, backyard barbecues — died with it? The question is sharp because housing affordability has dropped by
Concert ticket prices have soared to new heights this year, causing angst and financial stress for live music fans. Blame has been pointed at ticket sales companies like TicketMaster and profiteering scalpers. President Biden has even proposed legislation aimed at the problem. But similar to the housing market, the unaffordability of music tickets is due
Former President Donald Trump’s former lawyer Michael Cohen arrives for former attorney Michael Avenatti’s criminal trial at the United States Courthouse in the Manhattan borough of New York City, Jan. 24, 2022. Jeenah Moon | Reuters Michael Cohen, the former personal lawyer and fixer for Donald Trump, is set to begin testifying Tuesday in the
Although the pandemic severely affected housing markets across the United States, in Idaho’s capital — Boise — the impact was especially significant. Beginning in 2020, a notable migration occurred of Californians — particularly tech industry workers from the Bay Area — to the Rocky Mountain tranquility of Boise. This migration led to a marked rise
In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT The yield on the benchmark 10-year Treasury topped 5% again Monday, a key level that could impact mortgage rates, student debt, auto loans and more. Last week, the 10-year yield crossed the 5% threshold for the first time in 16 years after Federal Reserve Chair Jerome
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