Tag: North America

[ad_1] Real Estate By Shaina Mishkin Dec 23, 2023, 1:00 am EST Share Reprints Many home buyers no doubt are relieved to see this year’s inhospitable real estate market in their rear view mirrors. Mortgage rates nearly hit 8% as prices remained firm, making purchases the most expensive in decades. A limited selection of existing homes on the market added to the pain. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] Real estate stocks have been under pressure for a couple of years. The pressure rose two weeks ago for Blackstone Mortgage Trust, with the 50-page critique of a well-known short seller. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] The press is reporting that the Biden Administration is contemplating the use of military force in response to continuing attacks on commercial shipping by the Houthi militia in Yemen. It’s about time. The Houthi missile attacks pose the most significant threat to global shipping in decades, and they will continue unless a global coalition unites to stop them. The USS Carney, a destroyer operating in the Red Sea, shot down no fewer than 14 attack drones launched from Houthi-controlled territory in Yemen on Saturday. A British warship shot down a Houthi drone after it was dispatched to the region ... Read more