briefcase | invest smarter | news

Phew…They found the debt ceiling.

The U.S. hadn’t been that close to default since 1878, when Rutherford Hayes installed the first telephone in the White House and immediately ordered 10,000 pizzas.

🥶 Housing Ice Age: If you don’t currently own a home, you may be frozen out of the market for a while — BI

🌞 Overtaking Oil: Global investment in clean energy is on course to rise to USD 1.7T in 2023, with solar set to eclipse oil production for the first time — IEA

🏢 Post Office: San Jose office sales are down 90% in Q1 2023 — TRD

👻 Ghost Town: Eagle Mountain, a California ghost town, sells for $22.6M to a mysterious company for unknown future use — Inman

👻 Ghosting: State Farm Insurance is ghosting California and no longer accepting new homeowner insurance policies — NPR

📉 70,000: Is the current supply of homes for sale in the U.S., a record low — HW

😞 Less TPS Reports: Most US companies expect lower office attendance rates to hold steady for the foreseeable future — CoStar

🚪 WeUsedToWork: Following the abrupt departure of WeWork’s CEO, the CFO is now leaving — CO

🤷‍♂️ In This Economy? Canadians are hungry for investment properties, with one in four planning to buy one in the next five years — FT

🏴‍☠️ Swashbuckling: Pirates of the Caribbean home hits the market in Texas, highlighting the value of themed real estate — Realtor.com