Business & Real Estate
In a further sign of the effects of higher interest rates, Redfin today reported investor purchases dropped by 30 percent in the third quarter, the worst since the Great Recession. Aside from the second quarter of 2020, this is the largest decline since the Great Recession, when investor activity plummeted
Business & Real Estate
Redding-Calif. based Black Bear Diner announced opening three new restaurants as it continues expansion in Texas. Last week Black Bear announced it has entered two new Texas markets – San Antonio and Amarillo. Significantly, the San Antonio opening marks Black Bear Diner’s 150th diner, while the new Amarillo location is
Business & Real Estate
As if to confirm the intentions of the Federal Reserve to cool the economy, the National Associations of Realtors today reported existing home sales have dropped for the ninth consecutive month. All four regions reported month-over-month and annual declines. Nationally, sales from September to October declined by 5.9 percent.
Business & Real Estate
Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on December 30, 2022 to stockholders of record as of December 6, 2022. Ross Stores, Inc. is an S&P 500, Fortune
Business & Real Estate
CHICAGO–(BUSINESS WIRE)–The Thanksgiving holiday brings many things: the crisp fall air, early morning turkey trots, delicious food, and of course, those uncomfortable conversations with extended family members that you haven’t seen in a while. To bring comfort to every facet of Thanksgiving this year, including your conversations
Business & Real Estate
A recent study by the personal finance website WalletHub.com rating the best American real estate markets ranked Elk Grove in the top 20 percent of mid-size cities. Of the 99 mid-size cities rated by WalletHub, Elk Grove was ranked 19th and 43 among all 300 locations. First place for
Business & Real Estate
Over the last several years, real estate prices have swiftly increased nationally and in Elk Grove. While price increases continue, there are signs that the growth rate could be slowing. The most significant reason for the lower increases is higher mortgage rates caused by the Federal Reserve. The prime rate
Business & Real Estate
By Dan Walters | CalMatters.org | Californians face stubborn shortages of necessities — housing, water and perhaps electrical power — but in this election year, politicians are offering numerous plans to give them billions of dollars to offset a sharp increase in gas prices. Why, with so many other issues needing political attention,
Business & Real Estate