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Triangle Luxury Home Sales Not Slowing |  WRAL Tech Wire

Triangle Luxury Home Sales Not Slowing | WRAL Tech Wire

RALEIGH- Inflation is sky-high, mortgage interest rates have skyrocketed this year, and there are signs that national and state economies are deteriorating. But that doesn’t discourage the sale of mansions and estates priced above $2.5 million in the Triangle and Triad regions. Since July 1, 29 homes have sold for more than $2.5 million, with …

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Home prices are falling again: what the experts say

Home prices are falling again: what the experts say

House prices fell for a third straight month in September amid a rapidly cooling housing market. The longest streak of monthly declines in a decade is due to a soaring mortgage rateswhich were encouraged by the Federal Reserve in order to stop inflationary pressures throughout the economy. As a reminder, the S&P CoreLogic Case-Shiller National …

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No long term care insurance? 5 more ways to plan ahead for aging at home in retirement

American retirees who would rather age in place than live in a nursing home or assisted living facility will need a lot of money to pay for it. It’s not a problem for the rich. For everyone else, you need long-term care insurance or some other way to cover the cost of home help, equipment, …

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Biden faces a wide range of challenges at home this holiday season |  CNN Politics

Biden faces a wide range of challenges at home this holiday season | CNN Politics

CNN — This holiday season is very different from last for many Americans, when Covid-19 testing shortages and an Omicron variant surge disrupted many family celebrations. But the country faces a new set of complex challenges in late fall and winter. Even though Covid testing as well as an updated reminder is widely available and …

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Quick to enter the market, institutional investors are now abandoning single-family home rentals

Quick to enter the market, institutional investors are now abandoning single-family home rentals

As housing prices fall across the country, institutional investors who had purchased properties during a pandemic-induced increase in rental rates are now unloading their properties. Nationally, profit margins on sales of median-priced single-family homes and condos in the United States fell from 57.6% in the second quarter to 54.6% in the third quarter, as house …

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U.S. Mortgage Rates Hit 7 Percent, Highest In 20 Years

Here’s Why Buying a Home May Not Be Cheaper Even if the Economy Crashes

Even if inflation slows and a recession is officially declared next year, a lingering housing shortage would prevent prices from falling significantly, two economists told the Daily Caller News Foundation. At current levels of demand, there are only enough homes currently available to satisfy just over 3 months of demand, according to the National Association …

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house prices, mortgage rates

Zillow: Home prices plateau as mortgage rates cool market

istock.com/Andrii Yalanskyi SEATTLE — Buyers and sellers are both pulling away as soaring mortgage rates have stabilized the housing market in a more balanced state, according to Zillow’s latest market report. Home values ​​remained nearly flat in October as new inventory dwindled and sales continued to fall due to the pandemic frenzy. “October home prices …

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Sam Bankman-Fried tries to negotiate FTX bailout from his home in the Bahamas, despite being kicked out of the crypto firm

Sam Bankman-Fried tries to negotiate FTX bailout from his home in the Bahamas, despite being kicked out of the crypto firm

Sam Bankman-Fried, CEO and founder of FTX, walks near the US Capitol, in Washington, DC, September 15, 2022. Graeme Sloan | Sipa via AP Images NASSAU, Bahamas — Despite being kicked out of the cryptocurrency giant he founded, Sam Bankman-Fried told CNBC he was trying to cut a multi-billion dollar deal to bail out FTX, …

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Companies are racing to market home STD tests.  But are they reliable?

Companies are racing to market home STD tests. But are they reliable?

Among the most remarkable legacies of the COVID-19 pandemic is how quickly federal regulators, the health care industry, and consumers moved to make home testing a reliable tool for managing a crisis. public health. But that fast-track approach is missing from another less publicized epidemic: an explosion of sexually transmitted diseases that can cause chronic …

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