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Mortgage Payments Require Largest Share of Income Since 2009, Zillow Finds

Mortgage Payments Require Largest Share of Income Since 2009, Zillow Finds

The combination of rising rates and strong home value appreciation led to one of the largest recorded quarterly increases in the mortgage burden for homebuyers since the Great Recession, according to a new analysis from online real estate company Zillow. In the first quarter of 2018, the share of median income needed for monthly mortgage payments […]

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The Power and Glory of Central Air Conditioning

The Power and Glory of Central Air Conditioning

Buyers are willing to spend more for the comforts of a cooler home, according to new analysis from online real estate company Zillow. Zillow finds that homes with air conditioning sold for 2.5 percent more than homes without it, which is a premium of nearly $5,500 for the typical U.S. home. The premium for air conditioning is highest in San […]

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Heart of a Walnut

Heart of a Walnut

An updated Harvard University study shows that walnuts may play a big role in a “heart healthy diet”, California Walnut Commission is happy to report. The Harvard University review examines 25 years of evidence for the role of walnut consumption on cardiovascular risk factors, including cholesterol, triglycerides, blood pressure, and weight. The original meta-analysis, “Effects of […]

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Posted in: Blog, Coffee Break

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New Foreign Direct Investment in the U.S. Declined Last Year

New Foreign Direct Investment in the U.S. Declined Last Year

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion in 2017, according to the government’s Bureau of Economic Analysis. This represented a big drop from previous years. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359.9 billion for 2014-2016. […]

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Posted in: Blog, The Economy and You

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FDA Investigates a Cyclospora Outbreak Potentially Associated with McDonald’s Salads

FDA Investigates a Cyclospora Outbreak Potentially Associated with McDonald’s Salads

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention, along with state and local officials, are investigating a multi-state outbreak of Cyclospora infections. Cyclospora is a parasite that can cause severe intestinal illness, but can be treated. Although it’s unknown exactly how food and water become infected with Cyclospora, people should be aware that […]

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Posted in: Blog, Well-Armed Consumer

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