Published by Nikki Palmer on Thu, 12/15/2022 - 12:00am
The Federal Reserve is expected to raise interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, which would be the seventh increase this year. So far in 2022, the Fed has lifted its benchmark short-term rate, which influences most other borrowing costs in the economy, by 3.75 percentage points from a low of about zero as recently as March.
Published by Nikki Palmer on Thu, 12/08/2022 - 5:00am
OMAHA — A long-vacant property near Omaha’s riverfront is to come alive with a nearly $12 million residential condo project that stands out, in part, for the timing as well as a garage-top swimming pool.
The five-story “Riverplace” is believed to be the first new construction condominium structure set to rise downtown in more than a decade.
Published by Nikki Palmer on Thu, 12/08/2022 - 4:00am
Miami’s Little Haiti has been an immigrant community for decades. Its streets are lined with small homes and colorful shops that cater to the neighborhood, a predominantly Afro-Caribbean population with a median household income well below Miami’s.
Published by Nikki Palmer on Thu, 12/08/2022 - 12:00am
LONDON (AP) — A 1,300-year-old gold and gemstone necklace found on the site of a new housing development marks the grave of a powerful woman who may have been an early Christian religious leader in Britain, archaeologists said Tuesday.
Published by Nikki Palmer on Tue, 12/06/2022 - 4:00am
For small businesses hoping to establish or expand their brick-and-mortar presence, it may seem like a bad time to sink cash into a commercial property purchase.
Amid predictions of an upcoming recession, the Federal Reserve increased the federal funds rate for the sixth time in 2022, citing inflation risks and global conflict. Inevitably, this will make loans more expensive for borrowers.
Published by Nikki Palmer on Thu, 12/01/2022 - 5:00am
Almost all buildings today are built using similar conventional technologies and manufacturing and construction processes. These processes use a lot of energy and produce huge carbon emissions.
Published by Nikki Palmer on Thu, 12/01/2022 - 4:00am
It was the last Friday in October, and barges filled with mounds of glistening coal sat parked in the Ohio River below Lee Esther Logan’s high-rise public housing apartment complex in Cairo, Illinois. Wispy white clouds streaked a baby blue sky. The panoramic waterfront view is one that normally gives Logan peace as she takes it in from the brown recliner on her balcony.
Published by Nikki Palmer on Thu, 12/01/2022 - 3:00am
An eastern Iowa real estate appraiser accused of snooping through a homeowner’s bedroom has agreed to surrender his license.
According to the Iowa Real Estate Appraiser Examining Board, Josh Binneboese of JB Appraisal in Davenport obtained authorized, unaccompanied access to a residential property when the owners were absent.
Published by Nikki Palmer on Mon, 11/28/2022 - 1:00am
PORTLAND, Ore. (AP) — Good news for fans of "The Goonies:" the old Victorian home featured in the film is on sale in Astoria, Oregon, and potential buyers are considering making it more accessible to the public.
Published by Nikki Palmer on Thu, 11/24/2022 - 5:00am
OMAHA — The thought of a $1.83 billion economic impact and plenty of real estate development potential has local builders eager to push the idea of a 4,000-acre recreational lake in Nebraska.
After a state senator provided a progress report, members of the Metro Omaha Builders Association told the Nebraska Examiner they stand ready to do their part to get the project across the finish line.