President Joe Biden announced that he is discontinuing his re-election campaign and offered his endorsement of Vice President Kamala Harris to become the Democratic Party’s nominee for president. The 81-year-old Biden added that he would remain as president for the...
The global market for tiny homes is predicted to grow by $4.82 billion from 2024 to 2028, with an estimated compound annual growth rate of 5.3%, according to a new forecast published by Technavio. The growing popularity of tiny homes is attributed to their lower...
A Phil Hall Op-Ed: One of the most famous quotes to come out of the early 19th century was made by John Marshall, the first Chief Justice of the U.S. Supreme Court, in his 1819 ruling on the McCulloch v. Maryland case: “The power to tax is the power to destroy.”...
At the Richmond Fed, we serve Virginia but also the District of Columbia, Maryland, West Virginia and the Carolinas. We are constantly on the ground working to better understand the economy. Just last year we had over 1,700 community engagements. These meetings take...
We all remember the housing crash of 2008 even if we didn’t own a home. It is something that stays embedded in our minds. As we take a look at the market over the last year, some of us have been at the edge of our seats wondering where it’s headed. Some say we’re...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
