“No American should face homelessness,” reads the U.S. Department of Housing and Urban Development’s news release accompanying the January 2024 Point-In-Time Count Report.Yes, the data is a year old, but each year’s snapshot gives us a better understanding of how many in our communities are facing just that.During the look at the number of individuals in shelters, temporary housing and unsheltered settings, researchers found more than 77
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Real estate professionals are drafting more purchase contracts as pending home sales surge to a 21-month high. Read more from NAR’s latest housing report.After home sales hit a 15-month low in summer, the housing market has been shifting toward the rosy real estate outlook economists are predicting for 2025.In the latest sign of improvement, pending home sales—a gauge of future home sales based on contract signings—rose 2.2% month over m
Price-conscious holiday shoppers opened their wallets for last-minute online discounts on clothing and stocking stuffers, potentially benefiting retailers that also offered such convenient options as free delivery and curbside pickup.The popularity of online shopping has surged due to its convenience, similar or lower prices than in-store, the availability of services like "buy online, pick up in-store (BOPIS)" and fast, free deliveries, said Mic
American consumers are feeling less confident in December, a business research group says.The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Analysts forecast a rise to a reading of 113.8. Consumers had been feeling increasingly confident in recent months, spending more in the run-up to the all-important holiday shopping season.The consumer confidence index measures both Amer
A New York City home where Bob Dylan lived quietly for years is for sale.The legendary singer-songwriter rented the townhouse on East 49th Street in Manhattan in the 1980s — then loved it so much that he bought it under a business associate's name in 1990 for an undisclosed amount.In 2005, he sold it to the current owners for $4.45 million; they have put it on the market with an asking price of $7.25 million.The five-story home is in Turtle B
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.There was also good news on inflation last month after a series of warmer readings. The report from the Commerce Department on Friday showed moderate monthly rises in prices, with a measure of underlying
After years of higher interest rates and speculation of a reckoning in the commercial real estate market, the sector may finally regain more momentum in 2025 — albeit at a slower pace than some had hoped for earlier this year.“2025 is a turning point for commercial real estate investment,” Marcus & Millichap CEO Hessam Nadji told me. “The market is beginning to come to terms with the fact that we're not going back to the lows of the
