Sales

When looking at the least difficult places to buy a home in the U.S., a new real estate indicator reveals that Iroquois County, Illinois, is the most cost-effective or affordable housing market among the measured counties. Cost is one of the contributing factors that determine the ease of purchasing a home in a particular area.
0 Comments
The real estate market is facing some significant challenges, with sales of previously owned homes at a 30-year low. In May, existing home sales barely moved, dropping by 0.7% from April. This comes at a time when prices are reaching new record highs and mortgage rates remain high. According to the National Association of Realtors
0 Comments
Forever 21, a well-known fast fashion brand, is currently facing financial challenges that have led them to seek assistance from landlords in reducing their rent. With over 380 stores in the U.S., the retailer has reportedly asked some landlords to cut rent by up to 50%. This move comes as the company’s sales continue to
0 Comments
Broadcom, a once-obscure chipmaker based in Palo Alto, California, has recently experienced a surge in market value that has brought it close to Warren Buffett’s Berkshire Hathaway conglomerate. With a market capitalization of $839 billion as of Tuesday’s close, Broadcom is now just behind Berkshire’s $882 billion and Eli Lilly’s $845 billion. This growth has
0 Comments
Darden Restaurants recently released their quarterly results, showcasing a mix of positive and negative outcomes. Notably, Olive Garden, one of their leading chains, experienced a decline in same-store sales for the second consecutive quarter. This decline in sales can be concerning, especially for investors who were expecting stronger results. When we delve deeper into the
0 Comments
The recent drop in mortgage rates did not seem to have a significant impact on consumer behavior. According to the Mortgage Bankers Association, total mortgage application volume only rose by a mere 0.9% compared to the previous week. This minimal increase raises questions about the factors influencing consumer decisions regarding mortgage applications. The average contract
0 Comments
Goldman Sachs has recently upgraded Toll Brothers, a construction company, with an optimistic outlook on the stock. This comes as the company continues to capture building demand and sees potential for growth in new home sales. The analyst predicts that Toll Brothers’ revenues, profitability, and returns will outperform historical norms. Additionally, the company is expected
0 Comments