All articles tagged with #buying
President Donald Trump announced that a group of wealthy buyers is set to purchase TikTok, pending China's approval, with details to be revealed in two weeks. The sale follows delays in legislation requiring ByteDance to sell the app or face a ban in the U.S.
U.S. President Donald Trump announced on Fox News that he has identified a group of wealthy buyers for TikTok, which would require China's approval to proceed, amid ongoing efforts to divest TikTok's U.S. assets due to regulatory pressures.
The article categorizes MLB teams into tiers based on their likelihood and approach to trading at the upcoming July 31 deadline, ranging from aggressive buyers like the Dodgers and Yankees to sellers like the Athletics and White Sox, with a special focus on the uncertain middle teams and the AL Central.
The Boston Red Sox, having recently traded Rafael Devers, are currently trending towards acquiring a big bat and possibly other key players before the 2025 MLB trade deadline, indicating a potential shift towards a buying strategy despite recent trades and team performance.
The article previews the upcoming MLB trade deadline, highlighting key teams as buyers or sellers, and discusses 10 notable trade candidates with potential landing spots, emphasizing the fluidity of the market as teams evaluate their rosters for a playoff push or rebuild.
A new report by Realtor.com reveals that renting is now more cost-effective than buying in all 50 of the largest metro areas in the US, with rental costs dropping steadily over the last seven months. Rising home prices have led to a $1,027 per month difference between owning a starter home and renting, with Austin, Seattle, and Phoenix showing the most significant gaps. High mortgage rates and low inventory are cited as the main reasons behind the cost disparity.
According to ATTOM's 2024 Rental Affordability Report, renting remains more affordable than buying a home in nearly 90% of U.S. markets, with housing costs still posing significant financial burdens for average workers. The report highlights how increasing home prices contribute to the escalation of rental costs, making both buying and renting properties challenging endeavors. Median rental rates require a smaller portion of average wages compared to homeownership expenses in 88% of U.S. counties, with the Midwest and South being the most affordable regions for renting. Conversely, Southern and Western regions have the least affordable counties for renting, with some areas requiring over 100% of average local wages to cover rent costs.
In a Fox News video, Rep. Michael Waltz warns that China is buying time and taking advantage of the United States' lack of action, highlighting the need for a strong response to their aggressive actions.
Bank of America economists have found that renting is currently cheaper than buying a home in all but two of the 97 major metro areas they analyzed. Despite rising rents and mortgage payments, renting remains more affordable than owning due to low affordability and the high cost of homeownership. However, the economists also noted that buying a home allows for the accumulation of equity over time, which is not possible with renting. The housing market is expected to improve in the future, with the Federal Reserve potentially cutting rates and increased demand and supply.
Apple has published a support document with tips for buying a used iPhone, emphasizing the longevity of their devices and the importance of choosing a trusted seller. The document provides guidance on checking for damage, verifying if parts have been replaced, assessing battery health, carrier lock status, and functionality of hardware components. While some tips may be obvious, the document is worth bookmarking for future reference if planning to purchase a preowned iPhone.
Choosing between renting and buying a home has become more complicated due to surging mortgage rates, record rents and home prices, a potential economic downturn, and other lifestyle considerations. On average, renting is often cheaper than buying, but it depends on individual circumstances. The decision should be based on the monthly payment that includes principal, interest, insurance, and property taxes. Buying a home is part of the American Dream, and 74% of respondents in a 2022 Bankrate survey ranked it as the highest gauge of prosperity.