by LCD Staff | Aug 22, 2022 | Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source & Credit: 24/7 Wall St.) — The number of unfilled jobs has hit multi-decade highs in recent months, and businesses across the country are struggling to find and hire workers. There were more than 11 million job openings nationwide at the end of May...
by LCD Staff | Jul 23, 2022 | Affordable Housing, Housing, News & Analysis, News of Interest
(Source: CoreLogic) — A new report compiled by CoreLogic’s ClosingCorp shows that the national average for home mortgage closing costs for a single-family property in 2021 were $6,905 including transfer taxes and $3,860 excluding transfer taxes. These...
by LCD Staff | Jun 6, 2022 | Economy, In the News, News & Analysis
(Source: CNBC) – Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we...
by LCD Staff | May 23, 2022 | Home Loans, Housing, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source: The Center Square) – Potential homebuyers in North Dakota are having a difficult time finding affordable housing as home prices continue to soar and houses are on the market for increasingly shorter time periods. Shawn Ostlie, president of the North Dakota...
by LCD Staff | Apr 25, 2022 | In the News, Lewis & Clark Development Group, News & Analysis, News of Interest
(Credit: CNBC) – Many rural Americans may have stronger finances than urban dwellers, but their wealth may lack diversification, jeopardizing a more secure retirement. That’s according to a report from the Employee Benefit Research Institute analyzing data...
by LCD Staff | Feb 8, 2022 | Economy, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source: Bismarck Tribune) — North Dakota’s economy is showing signs of recovery and growth, according to a quarterly outlook from North Dakota State University. The most recent modeling predicts growth for wages and salaries, as well as a growing labor...
