While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman, associate dean at the NYU Schack Institute of Real Estate, told Yahoo Finance Live (video above). “We’ll see the price declines, but I think the income gains that we are seeing lately are still not keeping up with the prices that we are seeing in the market — in most… Source link
Read More »Monthly Archives: December 2022
Homebuilder Lennar guards against ‘inventory overhang’ as housing market slowdown continues
Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes, beating estimates for 12,854 to be delivered. The homebuilder posted quarterly results that topped Wall Street expectations, with earnings per share coming at $5.02 compared to $4.89 consensus estimates compiled by Bloomberg. Revenue in the quarter totaled to… Source link
Read More »Homebuilder Lennar guards against ‘inventory overhang’ as housing market slowdown continues
Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes, beating estimates for 12,854 to be delivered. The homebuilder posted quarterly results that topped Wall Street expectations, with earnings per share coming at $5.02 compared to $4.89 consensus estimates compiled by Bloomberg. Revenue in the quarter totaled to… Source link
Read More »This Unlikely Spot Was the Most Searched For U.S. Landmark on Google in 2022
Home to the famed UFO Alley, interest in the area has spiked in part thanks to a History Channel series. Courtesy of Skinwalker Ranch Located about 150 miles away from both Salt Lake City and Grand Junction, Gusher — an unincorporated area in northeast Utah — is an unlikely location for Google Maps’ top searched cultural landmark in Google’s Year in Review 2022. But Gusher’s Skinwalker Ranch, famed for its paranormal activity, was No. 1 on the list this year. “Recognized as the most… Source link
Read More »Google says don’t expect a new core update by year-end
With the Google December 2022 link spam update and helpful content update both still rolling out, SEOs are worried that Google may have one more Google algorithm update up its sleeve before the year’s end. Well, it will not happen, said John Mueller from the Google Search team. No more core updates this year. John Mueller said on Twitter, “FWIW, just to be clear, there’s no core update lined up for the rest of the year.” Rankings might… Source link
Read More »Brittney Griner releases first statement since return from Russia, intends to return to Phoenix Mercury this season
Brittney Griner shed light on her time in Russia and plans for the future with an Instagram statement on Friday. After being released from Russian prison, the WNBA star was medically evaluated at the San Antonio Fort Sam Houston Base. “I appreciate the time and care to make sure I was okay and equipped with the tools for this new journey,” Griner wrote. “I also want to make one thing very clear: I intend to play basketball for the WNBA’s Phoenix Mercury this season, and in doing so, I look… Source link
Read More »Nikola Jokic’s chances of an MVP three-peat
Each week during the 2022-23 NBA season, we will take a deeper dive into some of the league’s biggest storylines in an attempt to determine whether the trends are based more in fact or fiction moving forward. Nikola Jokic belongs in the MVP conversation again The MVP case for two-time winner Nikola Jokic on the sixth-seeded Denver Nuggets last season centered around the unassailable advanced statistics that made his raw numbers even more impressive and carried his team to 48 victories in the… Source link
Read More »ChatGPT Hype Misses OpenAI’s Chatbot Limitations Compared to Google
OpenAI’s ChatGPT often produces wildly inaccurate responses and presents them as if they were correct. The few cents it costs per chat query would be exorbitant if they scaled to the billion of searches Google handles daily. The technology may surface as results from a search, rather than the wholesale replacement of search. The hype around ChatGPT, the sophisticated… Source link
Read More »Jets turn back to QB Zach Wilson with Mike White not medically cleared for contact
New York Jets quarterback Zach Wilson will start Sunday against the Detroit Lions, head coach Robert Saleh announced Friday. Mike White wanted to play and has practiced but was unable to get medically cleared for game contact. “He’s exhausted every measure he possibly can because he wants to be out there for his teammates,” Saleh said. “This is one of those deals where we gotta do what’s best for the player and protect the player from the player.” White injured his ribs during a Week 14 loss to… Source link
Read More »Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com
French accounting firm Mazars is pausing all its work with crypto firms including, Crypto.com, KuCoin, and Binance, according to a spokesperson for Binance. Mazars has since deleted all crypto reports from its website. In a statement, a Mazars spokesperson told Yahoo Finance the firm, “paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.” Mazars noted:… Source link
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