🤠 Y'all Street's Bull Run: Financial firms are flocking to Dallas, making it the second-largest U.S. finance hub after New York — WSJ

💰 Retire-mentality Shift: American workers are feeling more optimistic about their retirement savings goals as inflation weakens, with increased confidence in achieving their targets and greater engagement with their 401(k)’s — HW

🏡 Home Sweet Loan: Kamala Harris proposes $25,000 aid for first-time homebuyers to address housing affordability concerns, alongside other economic initiatives aimed at easing voter anxiety over rising costs — Bloomberg

🏗️ Harris's Housing Hullabaloo: Harris also proposed an ambitious plan to boost the housing supply, including 3 million new units and incentives for developers, as part of her economic strategy to address affordability concerns — Bisnow

🥊 Portal Pandemonium: CoStar's Homes.com claims second place in residential listing platform traffic, challenging competitors amidst legal battles and disputed metrics — TRD

💸 Million-Dollar Madness: The share of U.S. homes valued at $1 million or more has reached a record 8.5%, up from 4% pre-pandemic, driven by soaring prices and low inventory across most major metros — Inman 

😁 So, Rentals Reign: Renting surpasses buying in affordability across all 50 largest US metros, driven by high mortgage rates and home prices, despite a slight narrowing of the rent-buy cost gap — Globe St

🏢 …Plus: Asking rents across all bedroom types in 33 metro regions show the first year-over-year drop since 2020, with varying impacts across different markets and apartment sizes — Globe St

📊 Delayed Payments Deluge: Mortgage delinquency rates are rising across different stages, indicating potential challenges in the housing market — MPA

🏠 Realtor Roulette: New commission rules shake up the real estate industry, potentially weeding out less experienced agents and forcing brokers to justify their value to homebuyers — Axios 

🏗️ Building Blocks of Recession: Residential construction employment trends signal potential economic downturn as housing starts to decline and remodeling slows — HW 

🏠 Investors' Real Estate Romp: Investor home purchases rose 3.4% year-over-year in Q2 2024, outpacing overall market trends as they capitalize on strong rental demand amid high mortgage rates and home prices — HW

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