Social Security COLA 2026 Update Delayed: How It Affects Housing Decisions
The government shutdown has thrown a wrench into the Social Security Administration’s annual cost-of-living adjustment (COLA) announcement, a key update that determines how much more retirees and other beneficiaries will receive to keep pace with inflation. Originally scheduled for Oct. 15, the anno
Housing Market Stalls as Government Shutdown Drags On
Just over two weeks into the federal government shutdown, housing market transactions have slowed— a trend unlikely to reverse until the stalemate in Washington, DC, is resolved. For the week ending Oct. 11, listing and sales activity remained sluggish, reflecting buyers' and sellers’ reluctance to
Homebuilders Expect Sales To Improve in Coming Months Following Fed Rate Cut
Homebuilder sentiment rose this month to its highest level since April, as builders pinned their hopes on Federal Reserve rate cuts to revive the housing market. Overall builder confidence in the market for newly built single-family homes was at 37 in October, up 5 points from September and the high
Richard Gere Opens Up About His Upbringing in a ‘Methodist House’—and How His Father’s Faith Led to His Own Discovery of Buddhism
Hollywood star Richard Gere has shed some light on his decades-long commitment to the Buddhist faith, revealing how growing up in a Methodist household led him to discover his own religious path as a young actor living in New York. Gere, 76, who relocated to Spain from his home in the U.S. at the en
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