Builders pull back as more homebuyers
are priced out of the market
Posted By: NorthernDog, 7/20/2021 7:39:18 PM
There are several signs in the market for newly built homes that point to a potential slowdown for the nation’s homebuilders. Data released Tuesday added to the evidence that builders are pulling back. Single family housing starts continued to rise in June, many of those for homes already sold. But building permits, an indicator of future construction, fell more than expected last month to the lowest point since August and were about 100,000 units below the six-month average, according to the U.S. Census Bureau. “The single family market in particular desperately needs more new homes, especially on the lower end
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NorthernDog"
Police in Aurora, Ill., on Wednesday released dashcam video that they said shows an officer being attacked and strangled during a traffic stop last month. Aurora police said the officer was struck repeatedly in the head and body during the June 21 attack before he was strangled by a female passenger to the point where the officer lost the "ability to breathe."(Snip) Police said the two female passengers ran after the officer and allegedly punched him and kicked him in the body and head. Around this time, the officer said he heard a male’s voice and was "struck repeatedly in
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong recovery heading into the fall. Initial filings for unemployment insurance totaled 419,000 for the week ended July 17, well above the 350,000 Dow Jones estimate and more than the upwardly revised 368,000 from the previous period, the Labor Department reported Thursday. The news sent stock market futures off their highs for the morning, with Wall Street pointing to a slightly negative open. Government bond yields also endged lower. The total was the highest weekly count since May 15 and comes
American Pickers star Mike Wolfe confirmed Frank Fritz is Not returning to the show. The news comes after the co-stars got into a nasty feud. Mike took to Instagram to set the record straight on whether or not Frank will return to the show on Wednesday. Alongside a photo of Mike and Frank sitting with co-star Danielle Colby, Mike wrote: “I have known Frank for as long as I can remember, he’s been like a brother to me. The journey that Frank, Dani and I started back in 2009, like all of life, has come with its highs and lows
Failing the pandemic test, as World Health Organization Director-General Dr. Tedros Adhanom Ghebreyesus believes the world is, means even countries with high vaccination rates could once again find themselves back where they were in March 2020. Ghebreyesus has long advocated for high-income countries to help fill inequities in health care by sharing vaccine doses with other countries' most vulnerable populations. Focusing on a country's own people and not the world's population allows for more mutations of the virus to pop up and in a global world, a deadly variant in one place poses a threat to everywhere. "The more transmission
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A majority of likely voters lack confidence in Vice President Kamala Harris's readiness to be president, according to a new poll. A survey administered by Convention of States Action and the Trafalgar Group found 58.6% of respondents said they were "not confident at all" that Harris, who would succeed President Joe Biden if he were to vacate office, is ready to be president "based on her performance as vice president." Five percent of those surveyed said they were "not very confident" in Harris. Only 36.4% of the more than 1,000 people surveyed said they were "very confident," "somewhat confident," or
2020 polls badly understated support for GOP
candidates, review finds, and nobody's sure why 22 replies
candidates, review finds, and nobody's sure why 22 replies
The 2020 polls were off by an "unusual magnitude," missing the national results by the biggest margin in 40 years and erring in state surveys by the greatest amount in at least 20 years, according to a new study released Monday by the American Association for Public Opinion Research (AAPOR). "There was a systematic error that was found in terms of the overstatement for Democratic support across the board," said Vanderbilt University political scientist Josh Clinton, chair of the 19-member task force. "It didn't matter what type of poll you were doing, whether you're interviewing by phone or internet or
2 More Texas Democrats Who Flew
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To Washington Test Positive For
COVID-19, Bringing Total To 5 31 replies
WASHINGTON – Two more Texas House Democrats who flew to Washington, D.C. last week to block a vote on Republicans’ elections bill have tested positive for COVID-19, bringing the total to five since Friday. The Texas House Democratic Caucus on Saturday said one member tested positive on Friday and two others on Saturday. Now, two more have gotten the virus, a person familiar with the situation told CBS News. All five of the members who tested positive are fully vaccinated. “The House Democratic Caucus is following all CDC guidance and protocols. This is a sober reminder that COVID is still
WASHINGTON - With training camp less than two weeks away, the Washington Football Team has one of the lowest player vaccination rates for the coronavirus. It remains below 50 percent along with the Arizona Cardinals, Indianapolis Colts, and Los Angeles Chargers out of the 32 NFL teams. It’s not just NFL players, but even Olympic athletes are speaking out that they are willing to take the risk of not being vaccinated. A local sports agent tells FOX 5 that these types of conversations with players and he says many of them don’t want to risk any side effects that could
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The United States women's soccer team was just trounced by Sweden at the Olympics — and forward Megan Rapinoe is acknowledging, "We got our asses kicked." Sweden scored a stunning 3-0 victory over the United States in women's soccer at the Olympics on Wednesday, The Associated Press reports. It was an upset after the U.S. had been the favorites to win gold, the AP notes, while Sweden was ranked No. 5. The loss came after Sweden previously defeated the U.S. in the quarterfinals at the Rio de Janeiro Games in 2016. "We got our asses kicked, didn't we?" Rapinoe said after
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Donald Trump Tells Dinner Guests He is Running
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for President in 2024, According to New Report 35 replies
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The Woke War on Air Conditioning
33 replies
As summer reaches peak heat, a recent piece in Time magazine on air conditioning exemplifies the rot pervading academia and threatening the nation.
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All of this was intertwined
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Failing the pandemic test, as World Health Organization Director-General Dr. Tedros Adhanom Ghebreyesus believes the world is, means even countries with high vaccination rates could once again find themselves back where they were in March 2020. Ghebreyesus has long advocated for high-income countries to help fill inequities in health care by sharing vaccine doses with other countries' most vulnerable populations. Focusing on a country's own people and not the world's population allows for more mutations of the virus to pop up and in a global world, a deadly variant in one place poses a threat to everywhere. "The more transmission
Young, unvaccinated people dying from COVID-19 say they wish they had received the coronavirus jab, one Alabama doctor claims. Dr. Brytney Cobia, who works at Grandview Medical Center in Birmingham, made the assertion in a devastating Facebook post published on Sunday and shared more than 700 times. 'I'm admitting young healthy people to the hospital with very serious COVID infections.
California Gov. Gavin Newsom says he‘s not worried about a bill meant to combat homelessness exacerbating the problem because the state embraces everyone looking for “new beginnings.” The Democrat made the comment when asked about the possible unintended consequences of signing the $12 billion AB-140 housing bill. Officials are required to “develop a framework for the California Dream For All Program, the goals of which would … [make] homeownership more affordable.” “To the extent that people want to come here for new beginnings and all income levels, that’s part of the California dream and we have a responsibility to accommodate and enliven and inspire, and the California dream
Comments:
Biden's screwball policies are impacting the marketplace. Costs go higher and higher even as home building slows dramatically.