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Size doesn’t always matter. But in the rarefied world of superyachts, bigger tends to be better. Long a status symbol for the masters of the universe, superyachts are defined by their excess, not their practicality, and as the rich get richer, their boats are getting longer. The trend illustrates an unofficial yachting rule of thumb:…
The landmark 21st Century Road to Housing Act became law after midnight Saturday without the signature of President Donald Trump. His inaction and the subsequent path to enactment capped months of work for what is one of the most significant housing reform packages in 30 years, Realtor.com reported. Its enactment comes at a time when…
Courtesy of the city of Garland A Digital Realty data center under construction in Texas in 2024 Despite soaring demand for artificial intelligence capacity, there are signs that the pipeline of data centers is slowing. While the development of data centers is still at record levels and is driving overall growth in U.S. construction, the number of data…
The results reveal a market where the barriers to homeownership have not so much disappeared as changed form, shifting from the rate shock of recent years to a deeper psychological freeze driven by macroeconomic unpredictability. “Rising costs and shifting economic conditions have made every step of the homebuying journey feel higher-stakes, and the pressure of…
That view aligns with what commercial mortgage professionals have been hearing from their clients. Damon Conrad, vice president of REMAX Canada Commercial, told Canadian Mortgage Professional earlier this year that “the strongest office environments today are those that offer quality space, accessibility, and amenities,” and that older assets face mounting pressure to reposition or restructure….
The local industrial market has remained stable amid economic uncertainty, but experts speaking at Bisnow’s Denver Industrial Outlook said population growth is needed to make Denver a top-tier market. “The No. 1 thing that has to change is population growth,” Colliers principal TJ Smith said at the June 30 event, held at Four Seasons Hotel Denver. “Industrial…
Rates are based on bonds and bonds have been taking cues from oil prices this week. Oil was flat overnight, bringing bonds along for the sideways ride. As such, the average mortgage lender began the day almost perfectly in line with yesterday’s latest levels. All that having been said, bonds experienced some of their own…
Optimism surrounding the remodeling market dipped slightly in the second quarter, despite strong May numbers, a new survey found. Processing Content The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point drop from the first quarter but still comfortably in positive territory and up from…
Trump: US and Iran Will Continue Talks Despite Ceasefire Ending and Escalating Tensions Escalation of US-Iran Tensions and Ongoing Diplomatic Efforts By Steve Holland and Enas Alashray WASHINGTON/CAIRO, July 11 (Reuters) – President Donald Trump said the U.S. and Iran had agreed to continue talks despite an escalation of hostilities this week but he declared…
Key insight: Circle has now been granted a national trust bank charter from the OCC so it can manage custody of digital assets such as its USDC stablecoin. Expert quote: “Opening the national trust bank is a tremendous accomplishment for Circle and, for stablecoins, a step into the world of the GENIUS Act.” — FS…