Inflation Drops to 3.5% in Welcome Sign for Mortgage Rates
Falling energy prices drove down inflation in June, offering the Federal Reserve's policymakers and would-be homebuyers a welcome reprieve after May's dramatic surge. Beating economists' expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month'
Boomers Hold $93 Trillion in Assets—but Their Heirs May Get Less Than Half
Baby boomers hold roughly $93 trillion in assets, but only $36 trillion could reach Gen X and millennial heirs over the next 20 years, according to new data. The estimate, released last week by Visa Business and Economic Insights, is far below Cerulli Associates’ widely cited projection that as much
Columbus Multifamily Housing Permits Hit 7-Year High Following Major Zoning Overhaul
Multifamily permitting—the critical pipeline for new rental units—remains well below pre-pandemic levels in large U.S. cities. But a handful of major metros are bucking this trend, led by a Midwestern powerhouse where bold zoning reforms have unlocked development. Columbus, OH, has emerged as the le
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