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☆ Tight supply is driving home values up. Here are the price and inventory changes by state over last year, according to a real-estate analytics company.
  + stars: | 2023-06-18 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +4 min
National median closing prices for single-family homes have been on the rise for the last 13 weeks. The major contributor to the upward price pressure is a lack of inventory, says Brandon Lwowski. Below are two tables that demonstrate the inventory and price changes by state. The major contributor to the upward price pressure is low inventory. Supply of single-family homes has been slipping since the 2008 financial crisis.
Persons: Brandon Lwowski, we're, Price, Lwowski Organizations: MLS, HouseCanary, Dakotas, New, District of Columbia, Alabama, South Carolina Locations: HouseCanary, Wyoming, Dakotas . State, New Mexico, Texas, Florida, Oklahoma, Louisiana, Arkansas, Mississippi, Tennessee, Arizona, Carolina, Utah, Georgia, Nebraska, Michigan, Oregon, Indiana, Hawaii, Delaware, Virginia, Maine, Nevada, Iowa, Kentucky, Pennsylvania, Washington, Ohio, Maryland, Vermont, York, Minnesota, Massachusetts, California, Illinois, Hampshire, Wisconsin, Idaho, Colorado, Missouri, Connecticut, Jersey, Alaska, Kansas, Montana, Arkansas , Wyoming
☆ Tornado kills 5 after tearing through southeastern Missouri
  + stars: | 2023-04-05 | by ( Brendan O'Brien Tyler Clifford | Brendan O'Brien | Tyler Clifford | ) www.reuters.com   time to read: +2 min
April 5 (Reuters) - Five people were killed in a predawn tornado that ripped through southeastern Missouri on Wednesday, shearing off roofs, splintering trees and taking down power lines in devastated Bollinger County, officials said. First responders from multiple agencies combed through destroyed homes and businesses in the rural area that Missouri Governor Mike Parson said faces "a long journey ahead" toward recovery. Five people were also injured and 87 structures damaged with 12 of those buildings destroyed, said Eric Olson, superintendent of the Missouri State Highway Patrol. "It's just heartbreaking to see people's homes missing roofs and their homes gone," Missouri State Patrol Highway Sergeant Clark Parrott told Reuters said after surveying the damage. A week before, a tornado devastated the Mississippi Delta town of Rolling Fork, killing 26 people.
☆ Anti-ESG drive in U.S. could have cost taxpayers up to $708 mln - study
  + stars: | 2023-01-12 | by ( Tommy Wilkes Ross Kerber | Tommy Wilkes | Ross Kerber | ) www.reuters.com   time to read: +2 min
The study, commissioned by non-profit The Sunrise Project, attributed the higher costs primarily to reduced competition to underwrite government bonds in six states furthest along in restricting financial firms or considering doing so. The restrictions would mean fewer banks seeking to underwrite municipal bond issuance, a common way for cities to raise money. According to the new study, taxpayers in six states - Kentucky, Florida, Louisiana, Oklahoma, West Virginia and Missouri - could have faced up to $708 million in additional interest charges on municipal bonds over the past 12 months. The study based its analysis on a recent Wharton School of Business paper that found Texas taxpayers could have faced up to $532 million in additional interest payments because of restrictions introduced in that state. Reporting by Tommy Reggiori Wilkes and Ross Kerber; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
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