americas | The Property Chronicle

Spendthrift Uncle Sam no longer can afford to run the world

by Doug Bandow | Nov 4, 2021 | Golden Oldie, Political Insider

Originally published September 2021. Virtually no one in Washington even pretends to be concerned about federal spending and deficits anymore. The Biden administration is going wild as the US nears the debt-to-GDP record set after World War II. Under President George...

The Big Apple’s post-Covid trajectory

by Brian Bader | Nov 3, 2021 | The Analyst, zLead Article, zNewsletter

From emptying out to filling back up, New York City is changing. New York’s real estate market has moved from epicentre to bellwether. In early 2020, the city was regarded as at the centre of the Covid pandemic sweeping America. About 18 months later, New York City is...

Existing-home sales rose and inventory fell in September

by Robert Hughes | Oct 27, 2021 | Residential Investor

Sales of existing homes jumped 7.0% in September, to a 6.29 million seasonally adjusted annual rate. Sales are still down 2.3% from a year ago. Sales in the market for existing single-family homes, which account for about 89% of total existing-home sales, rose 7.7% in...

Housing activity slowed in September but remains brisk

by Robert Hughes | Oct 26, 2021 | Residential Investor

Total housing starts fell to a 1.555 million annual rate in September from a 1.580 million pace in August, a 1.6% decrease. From a year ago, total starts are up 7.4%. Total housing permits also fell in September, posting a 7.7% drop to 1.589 million in September from...

Lonely guy seeks old café and three buddies

by Garrison Keillor | Oct 18, 2021 | The Storyteller, zLead Article, zOtherDiversions

I am an orphan, which is not so unusual for a man of 79, and like everyone else I know, I work out of my own home. At the moment I’m sitting at the kitchen table with a bowl of Cheerios beside the laptop and a cup of coffee (black). I have no office anymore. I’ve had...