US homeowners are sitting on $28.7 trillion of equity
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Source: biztoc.com
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Top News In None That Today - Breaking & Trending Today
Housing is so unattractive that investor purchases have plummeted 45%
None Real estate investors bought 45% fewer homes in the second quarter than a year ago, Redfin reported. • None That outpaced the 31% overall dip in home…
Source: biztoc.com
Defaults of risky high-yield corporate debt are rising at the fastest pace since the pandemic
None The default rate for US speculative-grade debt has been rising and notched 4.2% in July. • None That's the highest rate since 2021, according to Societe…
Source: biztoc.com
Auto workers want 40% pay increases. Analysts worry that will drive up car prices and make it harder for Ford, GM, and Stellantis to compete with Tesla
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
Source: biztoc.com
Homes are so expensive in the US that 38% of young buyers say they were only able to break into the market with help from their family
None A Redfin survey found 38% of under-30 homebuyers relied on financial help from family to afford a down payment. • None That came in the form of a cash…
Source: biztoc.com