Nick Ivan 
Svetikd | E+ | Getty Images 1. You’re unsure about the long-term According to Kamila Elliott, a CFP and member of CNBC’s Advisor Council based in Atlanta, prospective homebuyers should have conviction about where they want to live. This includes considering factors such as the city or suburb, specific neighborhood, and the potential impact of …
The housing market is displaying resilience and experiencing a resurgence in home renovations, which could have positive implications for three companies in our Club portfolio. Recent weeks have seen an increase in the stock prices of Stanley Black & Decker (SWK) and Caterpillar (CAT), both of which provide tools and machinery used in homebuilding. Moreover, …
A picturesque home stands proudly at a vibrant housing development in Lemont, Illinois, on June 21, 2023. Scott Olson | Getty Images Last week witnessed a resurgence in mortgage rates. However, this increase failed to deter the demand for mortgages, as prospective buyers eagerly sought newly constructed homes. According to the Mortgage Bankers Association’s seasonally …
A new home lot shows sold as other home construction begins in a new neighborhood in Grasonville, Maryland, on January 19, 2023. Jim Watson | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to …
A “Sold” sign outside a home in the Toll Brothers Regency Ranch at Folsom housing community in Folsom, California, US, on Tuesday, May 16, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on …
Every weekday, the CNBC Investing Club with Jim Cramer conducts a captivating “Morning Meeting” livestream at 10:20 a.m. ET. Let’s delve into the highlights of Tuesday’s session. No Man’s Land The stock market saw a slight upward trend on Tuesday morning, attempting to recover from the losses incurred on Monday. However, the market remained in …
Selling homes in Cutler Bay, Florida, Real Estate Sales Associate Ryan Ratliff showcases a property to potential buyers Ryan and Ariadna Paredes on April 20, 2023. Image Source: Joe Raedle | Getty Images The housing market experienced a peak in home prices last June, followed by a significant decline at the start of this year. …
A shopper stands in front of a Tesla Motors showroom at a retail shopping mall in Hong Kong. Sebastian Ng | Sopa Images | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, …
A Tesla Inc. store in Beijing, China, on Wednesday, May 31, 2023. Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. …
Billions of federal dollars allocated by the Biden administration’s Infrastructure Investment and Jobs Act may be wasted due to outdated government precipitation modeling used in state highway and bridge projects. A new report from First Street Foundation, a nonprofit climate risk research and technology firm, highlights this issue. The outdated model in question is called …