In the complex landscape of today’s housing market, the shifting dynamics of supply and demand are calling into question what we once thought we understood about real estate. As we witness the rise of inventory alongside a noticeable decline in buyer interest, a cooling of home prices is no longer a hypothetical situation but a
Utah has kicked off a remarkable venture that could symbolize the next chapter in its economic landscape: a bold bond financing initiative involving over $247 million in unrated tax-exempt revenue bonds. Scheduled to hit the market this Thursday, the funds are earmarked for the flashy Point Phase 1 Public Infrastructure District. This considerable investment will
As we plunge deeper into 2025, it’s becoming glaringly obvious that U.S. markets are feeling the weight of multiple uncertainties. After a dazzling two-year performance, the S&P 500 has crawled up a mere 2%. In stark contrast, international stocks have begun to glitter like diamonds in the rough. Investors, once enthralled by the alluring charms
The latest transportation bill in Oregon has ignited a fierce debate that extends beyond the black and white of fiscal policy. With a staggering price tag of $14.6 billion looming over the next decade, House Bill 2025 raises concerns about whether it represents a responsible step toward improving our infrastructure or a reckless leap into
In a bold move that has sent ripples across the financial and academic landscapes, Republican Representative Elise Stefanik is calling for a thorough investigation by the Securities and Exchange Commission (SEC) into Harvard University’s recent bond sale. This $750 million taxable borrowing, executed on April 9, has become a lightning rod for controversy amidst growing
In May, sales of previously owned homes experienced a modest uptick of 0.8% from April, shifting the annualized rate to 4.03 million units. This slight increase is a stark contrast to analysts’ expectations of a 1% decline, illustrating the unpredictable nature of current real estate trends. Despite this glimmer of hope, sales still lagged behind
The Oklahoma City Council’s recent approval of a monumental deal to keep the Thunder basketball team playing in a yet-to-be-built arena raises eyebrows. On the surface, the deal appears shiny and beneficial, promising a new, state-of-the-art arena and a 25-year commitment from the franchise. However, a deeper examination reveals troubling risks that could burden taxpayers
The American housing market is currently navigating treacherous waters, as mounting mortgage rates and an unpredictable economy have plunged builder sentiment to worrisome levels. In June, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) recorded a drop to 32, a score that is undoubtedly alarming for an industry that thrives on optimism
The lofty ambitions of President Donald Trump regarding the “Golden Dome” missile defense initiative reveal a profound disconnect from reality. Analysts, including Douglas Harned from Bernstein, are already scrambling to temper expectations, predicting that the completion of such a vast project by 2029 is improbable at best. When leaders put forth grand designs without considering
Lawrence Summers, former Treasury Secretary and a voice of reason in the often chaotic landscape of U.S. economic policy, has recently weighed in on President Donald Trump’s forthcoming decision regarding the Federal Reserve Chair. With whispers of impending interviews and potential candidates swirling around the political landscape, one striking observation arises: how much of this