Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished Friday at all-time highs, and we belive the others show promise for patient investors. 1. Eaton Electrical power management company Eaton posted a … Read more
A “For Sale” sign outside a house in Albany, California, on May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected. The average rate on the 30-year fixed mortgage … Read more
Eduardo Munoz Alvarez | Getty Images While both renters and homeowners are beginning to take climate hazards into consideration, affordability continues to drive moving trends. Between 2021 and 2022, about 1.2 million more homeowners and renters moved out of than moved into U.S. cities with high risk of poor air quality, according to a new … Read more
A Brisbane cottage vandalised by previous tenants is set to be auctioned next weekend. The one-bedroom home is located at 14 Haylock St in Wynnum, a coastal suburb in Brisbane’s eastern suburbs, and is described as a “hidden gem” in the listing. The steel-framed cottage was renovated and completely rebuilt four years ago, and is … Read more
Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024. Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total mortgage application volume fell 2.3% … Read more
Jodi Jacobson | E+ | Getty Images More than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University’s Joint Center for Housing Studies. That exposure isn’t spread evenly. While most states have at least one “high-risk” county with 2,000 or more … Read more
Homelessness is increasing in hotspots where rents are also on the rise, prompting calls for increased funding for support services and more public housing. Half the people seeking help for homelessness in NSW are not receiving it due to underfunded services, the head of a peak agency for homelessness has warned. “NSW’s housing crisis is … Read more
A New Zealand tenant has been ordered to pay her landlords more than $A1000 after a “careless” act set fire to the property she was renting. A home on New Zealand’s South Island was destroyed when a tenant did not properly extinguish ashes from a wood burner, according to a Tenancy Tribunal ruling following a … Read more
A coastal NSW property, located amid a “private bushland sanctuary”, is set to go under the hammer later this month — but there’s a catch. The property, located in Phegans Bay on the Central Coast, cannot be inspected by prospective buyers. It is being sold by the Central Coast Council for overdue rates and charges … Read more
D3sign | Stone | Getty Images Extreme weather and climate hazards are becoming more frequent, posing a threat not only for homeowners but for renters. More than 18 million rental units across the U.S. are exposed to climate- and weather-related hazards, according to the latest American Rental Housing Report from Harvard University’s Joint Center for … Read more
