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Author: Swapna Venugopal Ramaswamy, USA TODAY

Money

7 in 10 metros saw home price gains in the first quarter of 2023. See where.

May 9, 2023May 9, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on 7 in 10 metros saw home price gains in the first quarter of 2023. See where.

Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the first quarter.

Money

Single family homes for rent are getting more expensive. Here’s where prices are going up

May 7, 2023May 8, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Single family homes for rent are getting more expensive. Here’s where prices are going up

Single-family rentals saw a 5% increase at the close of the first quarter of 2023 compared to the same period in 2022.

Money

How will the housing market be affected with the Federal Reserve interest rate hike?

May 3, 2023May 4, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on How will the housing market be affected with the Federal Reserve interest rate hike?

The Fed raised the federal-funds rate. How will that affect the housing market?

Money

The Daily Money: Was the First Republic Bank another victim of the Fed rate hikes?

May 1, 2023May 2, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: Was the First Republic Bank another victim of the Fed rate hikes?

As in the case of Silicon Valley Bank and Signature Bank failure in March, failure of the First Republic Bank is being blamed on interest rate hikes.

Money

Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed.

April 28, 2023April 28, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed.

Pending home sales decreased in March for the first time since November 2022, according to the National Association of Realtors.

Money

Renting a room in your home? Consider these things before opening up your doors

April 27, 2023April 27, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Renting a room in your home? Consider these things before opening up your doors

The key to a successful home sharing arrangement is compatibility, so taking personal inventory and listing out what you want is important.

News

More ‘Golden Girls’ than ‘Friends’: Can home sharing be the answer to America’s housing affordability crisis? These housemates think so.

April 27, 2023April 27, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on More ‘Golden Girls’ than ‘Friends’: Can home sharing be the answer to America’s housing affordability crisis? These housemates think so.

The arrangement’s popularity is fueled by rising rents and the increasing carrying costs of owning a home.

Money

The Daily Money: U.S. wage growth is easing overall; bed frames and Swedish meatballs at eight new locations

April 21, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: U.S. wage growth is easing overall; bed frames and Swedish meatballs at eight new locations

The pullback is mostly affecting sectors that have struggled because of the Federal Reserve’s sharp interest rate hikes the past year.

Money

The Daily Money: BuzzFeed shuts down news division, lays off 15% of staff

April 20, 2023April 20, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: BuzzFeed shuts down news division, lays off 15% of staff

BuzzFeed News, the Pulitzer Prize-winning news website known for popularizing listicles, is shutting down.

Money

The Daily Money: At mega-contractors like Raytheon, Moderna and Lockheed, diversity remains a challenge

April 19, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: At mega-contractors like Raytheon, Moderna and Lockheed, diversity remains a challenge

People of color were underrepresented among executives at these corporations compared with the rest of their workforce, the analysis showed.

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Headlines

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U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

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Kia recalls nearly 320,000 cars because the trunk may not open from the inside

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

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