construction

The US cities where homes are most at risk from hurricanes and other storm damage

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according …

The US cities where homes are most at risk from hurricanes and other storm damage Read More »

Commercial Property Sales Slow as Rising Interest Rates Sink Deals

Commercial real estate is showing the first signs of cooling in more than a year, disrupted by rising interest rates that are already causing some deals to collapse. Property sales were $39.4 billion in April, which was down 16% compared with the same month a year ago, according to MSCI Real Assets. The decline followed …

Commercial Property Sales Slow as Rising Interest Rates Sink Deals Read More »

Salesforce stock rallies following raised outlook, with stronger dollar seen as only major headwind

Salesforce Inc. shares rallied in the extended session Tuesday after the cloud-based customer-relationship-management company said business remained strong amid the current rocky economic landscape and hiked its earnings forecast for the year. Prior to the report, some analysts were concerned that reports of a slowdown in capital spending would be reflected in Salesforce’s CRM, -2.94% …

Salesforce stock rallies following raised outlook, with stronger dollar seen as only major headwind Read More »

I’m the chief economist of Redfin. 5 things to know about the housing market now

Redfin chief economist Daryl Fairweather shares her thoughts and predictions on the housing market. Peak home buying season is in full swing, and many aspiring homebuyers are wondering: What should I know about the housing market if want to buy? After all, interest rates have been rising, with some pros saying that trend will continue …

I’m the chief economist of Redfin. 5 things to know about the housing market now Read More »