A Black Timber A-Frame Brings Mid-Century Cabin Style Back to Oregon
Two architects built their own weekend cabin in the Cascades for less than $300,000.
AuthorBusiness & Markets EditorNew York, NYVerified
Rachel writes about markets, small business and housing. She explains the economy the way she would to her neighbors.
Two architects built their own weekend cabin in the Cascades for less than $300,000.
A closely watched forecast predicts modest growth as shoppers hunt for deals and start earlier, while stores hire fewer seasonal workers than in recent years.
First-time purchases in outer suburbs rose 14 percent this year as hybrid work settles in and builders offer rate buydowns on smaller homes farther from downtown.
After weighing offers from private equity, the family behind Kessler Valve & Fitting chose an employee ownership plan to keep 420 jobs in a small river town.
Policymakers left the benchmark rate unchanged for a third straight meeting and said they want more evidence that price increases are easing before cutting borrowing costs.
A record number of apartment completions has pushed vacancies up and given renters bargaining power, with landlords offering free months and waived fees.
The average 30-year fixed rate fell to 6.12 percent this week, lowering monthly payments slightly and prompting a jump in refinancing applications.
After years of building ever-larger houses, developers in Ohio, Texas and the Carolinas are returning to compact homes on small lots aimed at first-time buyers.
The monthly jobs report showed steady hiring in health care, construction and hospitality, while wage growth cooled slightly, a mix economists called reassuring.
Drivers heading out for the long weekend will pay about 30 cents less per gallon than a year ago, thanks to lower crude oil prices and ample refinery supply.
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