Tag Archives: houses

The housing market boomed in 2020 and 2021 but is now cooling rapidly.AFP/Getty Images US home prices are already falling and are set to tumble in the coming months, an economist said Tuesday. Ian Shepherdson, chief economist at Pantheon Macro, told clients “the next few months will be very tough” for the housing market. Property markets boomed in 2020 and 2021 but are rapidly cooling as central banks hike interest rates, pushing up mortgage costs. US home prices are already falling and are… Source link

The former head of Yahoo, Marissa Mayer, tore down three homes to build a pool.  She bought the houses for $700,000-$800,000 each, the San Francisco Business Times reported.  City officials initially rejected the plan, citing a law meant to protect California’s housing stock.  … Source link

WASHINGTON (AP) — With coronavirus cases surging again nationwide, the Supreme Court barred New York from enforcing certain limits on attendance at churches and synagogues in areas designated as hard hit by the virus. The justices split 5-4 late Wednesday night, with new Justice Amy Coney Barrett in the majority. It was the conservative’s first publicly discernible vote as a justice. The court’s three liberal justices and Chief Justice John Roberts dissented. The move was a shift for the… Source link