Extreme weather disasters, along with inflation, are elevating the cost of home insurance across the country, a new industry report found. Processing Content Home insurance makes up 8.5% of typical monthly housing costs for homeowners with a mortgage nationwide, which equates to $200 of an estimated total monthly housing cost of $2,354, according to LendingTree. […]
Prediction markets surpassed $50 billion in monthly volume in June, with their volume driven by trading on the FIFA World Cup 2026, CoinDesk reported Tuesday (July 14). Kalshi posted $31 billion in notional trading volume in June, Polymarket’s international exchange had $10.8 billion, Polymarket’s regulated U.S. platform logged another $3.5 billion, and Rothera processed $2 […]
Casa del Rey, a 30-unit mixed-use apartment building, located at 321 Broadway E. in Seattle’s Capitol Hill neighborhood, has sold for $4.57 million. Matt Johnston, Jerrid Anderson, Matt Laird, and Jack Shephard of Kidder Mathews’ Simon | Anderson Multifamily Team represented the seller, 321 Broadway Associates, LLC, a Seattle-based real estate investment company. The buyer […]
Somewhere in a client file right now, there is a will signed in 2014. The beneficiary designations reference a marriage that ended years ago. There is no durable power of attorney. The client is aware of all of this and so is the advisor. Yet the documents have not been updated. What keeps clients stuck […]
“Our markup to advance this significant package of legislation demonstrates a bipartisan commitment to maintaining and upgrading the nation’s water infrastructure,” said Sen. Sheldon Whitehouse of Rhode Island. The Senate Committee on Environment and Public Works is moving toward completing a markup of the Water Resources Development Act, a key step in resolving the future of […]
Bank of Ireland has launched Joint Borrower Sole Proprietor (JBSP) options for remortgage customers. The lender has made the change to allow borrowers to use JBSP to help fund renovations or refinance following changes in family circumstances such as separation or divorce. In order to access the JBSP products, borrowers will need to meet a number of […]
The International Maritime Organization, a UN agency, said “there is no legal basis through which to introduce mandatory tolls simply to transit through a strait,” according to CNBC. James Kraska, a professor of international maritime law at the US Naval War College, told the network that mandatory tolls break international law, though he said a […]
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Howard Hughes Communities has secured a $35 million loan to refinance Village Green at Bridgeland Central, a nearly 200,000-square-foot mixed-use development that includes retail and office space in Cypress, Texas, Commercial Observer can first report. Affinius Capital provided the debt, while JLL’s Colby Mueck, Kelly Layne, Jack Britton and Scot Sarlin arranged the transaction. SEE […]
Federal Reserve Chairman Kevin Warsh on Tuesday reiterated his call for a policy “regime change” at the central bank and ramped up his recent tough talk on inflation during testimony before a Congressional committee. In testimony before the House Financial Services Committee, Warsh called out the impact of inflation. “It has been a tax on […]