Second homes make a comeback, but mainly for wealthier white Gen Xers
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First-time buyers could save hundreds of pounds a year by buying rather than renting in some of the UK’s most affordable areas, according to analysis by Pepper Money. The study of Office for National Statistics (ONS) data found the average first-time buyer property costs around £261,700, while the average monthly rent for a three-bedroom property…
U.S. home builder sentiment remained in deeply negative territory in August as the Iran war churned into its sixth month, maintaining pressure on the new-home sector. The National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI) showed a score of 35 in August, just one point above July levels and its…
Cracker Barrel Old Country Store Inc. sold an underperforming asset and entered into a sale-leaseback deal to bolster its finances and increase future profitability. Maple Street Biscuit Co. The brand known for its traditional Southern cuisine and old-country stores sold its Maple Street Biscuit Co. restaurant assets to fast-casual chain Biscuit Belly but anticipates incurring…
RFA Financial logs record broker-channel originations as its asset disposal strategy gains pace
Life sciences developer Longfellow Real Estate Partners has parted with its first-ever New York City project at a discount. Longfellow’s Hatch Life Sciences Building, located at 43-10 23 Street in Long Island City, Queens, has sold for $86.9 million, according to city records filed Friday. Pearl Realty Management’s Jack Guttman signed for the buyer, under…
On Wednesday, CME Group announced plans to introduce financially settled Wind Power futures and options in the fourth quarter of 2026, subject to regulatory review. The new contracts are designed to help market participants manage risk tied to wind power generation, expanding the exchange’s existing suite of energy products. The futures will be based on…