The latest report from the National Association of Realtors has revealed that a massive 75% of homes in the United States are unaffordable for middle-income buyers. This comes as yet another unsettling development for the already-struggling housing market, which has been gradually declining over the past years.
As stock futures rise and latest market moves are analyzed, the outlook for tech stocks is looking bright. According to Wedbush’s Dan Ives, the tech sector may rise up to 12% in the latter half of the year due to developments in artificial intelligence.
Meanwhile, Goldman Sachs has analyzed over a thousand hedge and mutual funds, totaling a staggering $4.8 trillion in holdings. The bank has identified nine standout stocks that may be worth investing in.
On the political front, Russia has begun selling Chinese yuan from its wealth fund and North Korean hackers have managed to siphon off $3 billion in cryptocurrency over the last five years.
Amidst all of this, a housing economist has given a breakdown of home-price increases and falls for 51 cities in the next year. Areas like Indianapolis, Charlotte, and San Antonio are predicted to see rising prices, while others may experience a decline. Furthermore, one real-estate investor has shared how he used a home equity loan to purchase his first Airbnb and any individual can follow this same strategy to buy a property.
Finally, Elon Musk’s Tesla shares have hit an all-time high with its 12th straight gain on Monday. With the company striking key deals with competitors General Motors and Ford, the future looks bright for the electric vehicle industry.
Frequently Asked Questions (FAQs) Related to the Above News
What percentage of homes in the US are unaffordable for middle-income buyers?
According to the National Association of Realtors, 75% of homes in the United States are unaffordable for middle-income buyers.
What is the outlook for tech stocks in the latter half of the year?
Wedbush's Dan Ives predicts that the tech sector may rise up to 12% in the latter half of the year due to developments in artificial intelligence.
Which nine standout stocks have been identified as worth investing in by Goldman Sachs?
The specific nine standout stocks that may be worth investing in have not been mentioned in the news article.
What has Russia recently begun selling from its wealth fund?
According to the news article, Russia has begun selling Chinese yuan from its wealth fund.
How much cryptocurrency have North Korean hackers managed to siphon off over the last five years?
North Korean hackers have managed to siphon off $3 billion in cryptocurrency over the last five years.
Will home prices in Indianapolis, Charlotte, and San Antonio rise or decline in the next year?
According to a housing economist's predictions, areas like Indianapolis, Charlotte, and San Antonio are predicted to see rising home prices in the next year, while others may experience a decline.
How did a real-estate investor purchase his first Airbnb property?
According to the news article, the real-estate investor used a home equity loan to purchase his first Airbnb property and any individual can follow this same strategy to buy a property.
What recent development has occurred with Tesla shares?
Tesla shares have hit an all-time high with its 12th straight gain on Monday.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
