housing

Why Seniors’ Surprisingly Strong Spending Power Starts at Home
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
July 25, 2023  |  Consumer Finance

Paid-off homes and higher savings cushions could be behind the elder generation’s purchasing abilities. Even as they ease out of their peak earning power, baby...

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Homeowners Turn to HELOCs as Mortgage Rates Rise
Homeowners Turn to HELOCs as Mortgage Rates Rise
July 16, 2023  |  Consumer Finance

 American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July...

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Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
June 13, 2023  |  Economy

Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show...

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Blueground Doubles Size of Rental Platform With Nestpick Purchase
Blueground Doubles Size of Rental Platform With Nestpick Purchase
May 30, 2023  |  Acquisitions

Furnished rental service Blueground says it has acquired fellow housing platform Nestpick. The move, announced Tuesday (May 30), creates an invite-only network of furnished apartment providers, and more than...

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Rising Housing Costs Set Stage for Solutions Aiding Renters and Homebuyers 
Rising Housing Costs Set Stage for Solutions Aiding Renters and Homebuyers 
February 06, 2023  |  Real Estate

Consumers’ financial well-being has been strained as housing costs outpace both inflation and wages.  PYMNTS’ most recent “Consumer Inflation Sentiment” report examines this issue across age...

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Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to...

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Stoa Raises $100M for House-Flipping Platform
Stoa Raises $100M for House-Flipping Platform
August 14, 2022  |  Real Estate

Stoa, the Arizona company that debuted the FlipOS by Stoa platform for single-family home investors, has gotten another $100 million securitization toward helping to close...

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Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
May 19, 2022  |  Connected Economy

Charity begins at home, and home is often the endpoint as well. In a rental housing market that’s got millions feeling frantic, desperation is yielding...

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CFPB: 10 Pct Of US Households At Risk Of Eviction, Foreclosure
CFPB: 10 Pct Of US Households At Risk Of Eviction, Foreclosure
March 02, 2021  |  Economy

A new Consumer Finance Protection Bureau report says that there are currently 11 million people at risk of losing their housing, whether by evictions or...

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