Page 20 - Mark Vitner News Today

The Breakout Cities on the Forefront of Americas Economic Recovery 05/09/2021 | 12:31pm EDT Send by mail : Message : By Justin Baer | Photographs by Clark Hodgin for The Wall Street Journal GREENVILLE, S.C. -- The pandemic is accelerating growth in midsize cities, positioning them to lead the charge in the nations economic rebound. Even before Covid-19, these rising stars -- such as Greenville, Des Moines, Iowa, and Provo, Utah -- had been quietly building out vibrant economies in t...

How a jump in lumber prices — they’re up more than 300% — is hitting Utah’s quest for affordable homes Mills are behind since the onset of COVID-19 and more construction coming, and there’s little relief ahead. (Trent Nelson | The Salt Lake Tribune) Jason Butterfield and Jason Barnett walk through the sparse yard at regional building supplier Sunpros store in Salt Lake City on Tuesday, April 27, 2021. A national shortage of lumber is stalling and driving up costs on ...

How a jump in lumber prices — they’re up more than 300% — is hitting Utah’s quest for affordable homes Tony Semerad © Trent Nelson (Trent Nelson | The Salt Lake Tribune) Jason Butterfield and Jason Barnett walk through the sparse yard at regional building supplier Sunpros store in Salt Lake City on Tuesday, April 27, 2021. A national shortage of lumber is stalling and driving up costs on big construction projects and small home improvements alike in Utah. Editor’s n...

MarketScale + more U.S. new-home sales rebounded sharply in March to the highest since 2006. Watch or read below to hear Mark Vitner, senior economist at Wells Fargo, speak about the causes and long term impacts of the U.S. housing demands. Host: I’m curious, Mark, when you look at some of the data that we’ve been getting out of the housing market, particularly in light of the...

NorthJersey.com With two children and a third on the way, Heather and Patrick Healy decided their 1,900-square-foot home in New Providence was just too small. Knowing the real estate market was hot early this year, the couple figured looking in the million-dollar range would give them a cushion. But the market was just too tough. They lost out in bidding wars for homes in Chatham and Basking Ridge before snaring a Basking Ridge 4,300-square-foot colonial revival built in the 1980s. The purchas...

Rates have surged this year from a record low 2.65 percent in January. Continue reading and search the latest listings on realestate.boston.com.

While mountainous states have thriving real estate markets in the pandemic, other states' markets are struggling.

NorthJersey.com PARSIPPANY — The unremarkable, red-brick home along a busy stretch of Parsippany Road had been empty for more than six months. The interior walls and flooring are worn and the kitchen covered with floral wallpaper, highlighted by dated oak cabinetry. The four-bedroom Cape Cod in Morris County was being offered in an estate sale after the owner died. The listing agent, Lou Ann Fellers of KLS Sothebys International Realty of Mendham, priced it at $200,000, in as-is condition...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/u-s-job-openings-rise-4/"></div>WASHINGTON (Reuters) – U.S. layoffs eased in December and job openings increased modestly, suggesting the decline in employment that month was largely due to companies cutting back on hiring amid uncertainty caused by a raging COVID-19 pandemic. Though the Labor Department’s monthly Job Openings and Labor Turnover Survey, or JOLTS report, offered caut...

WCCB Charlottes CW January 28, 2021 CHARLOTTE, NC. —   A new generation of investors is changing the game on Wall Street, using social media. The shakeup started when a group of small day traders organized on Reddit came together, forcing shares of GameStop up 1700% this month. “A lot of people, little money, but they’re forcing the big guys too, you know, they are forcing the hands of the big guys,” says the founder of WallStreetBets Jaime Rogozinski. These mostly young traders are bu...