Buyers

New Home Sales Rise for Third Straight Month as Mortgage Rates Fall

Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.

U.S. Weapon Sales Rose Dramatically in 2022

U.S. weapon sales to other nations were more than $51.9 billion due to the war in Ukraine.

House Oversight Requests Testimony From Hunter Biden Art Dealer

House Oversight Committee chair James Comer (R-KY) requested Georges Bergès, Hunter Biden's art dealer, to testify before Congress.

Florida Blocking China from ‘Gobbling Up Land’

"We do not need to have CCP influence on Florida's economy," Republican Governor Ron DeSantis said on Tuesday.

Used-Car Prices Record ‘Largest Annualized Decline in Series’ History’

Cox Automotive reported that its Manheim Used Vehicle Value Index (MUVVI), which tracks the auction prices of used cars, plunged the most on record in December from a year ago as the auto market cools.

U.S. Suffering From the Second Biggest Home Price Correction of the Post-WWII Era

The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era.

$1.7 Trillion Spending Bill Requires Verification of Sellers Earning $5,000 Annually

The INFORM Act requires e-commerce companies to collect, verify, and disclose personal information from high-volume, third-party sellers with annual revenues exceeding $5,000 and will be enforced by the Federal Trade Commission.

Toyota CEO Says ‘Silent Majority’ Doubts Pursuing Only EVs

“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”

Oregon Appeals Pause on New Gun Legislation

The state of Oregon is set to appeal a pause placed on a new gun law. The law prohibits the sale of high-capacity magazines.

More Than 40 Percent of Americans Expect the Housing Market to Crash Next Year

A lot of consumers have a very gloomy outlook about the market due to news of mass layoffs, high inflation, and rising credit card debt, according to a new survey that shows 41 percent of Americans believe the housing market will crash next year.

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