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REAL ESTATE

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HOME VALUES 

Here’s Why a Rally in Real Estate ETFs is Likely Ahead

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The U.S. homebuilding sector is on fire. Thanks to extremely low mortgage rates, home sales are upbeat. But higher demand for home buying as well as lack of labor and land has boosted home prices. The median home sale price rose 15% year over year to $320,625 — the highest on record, according to a new report from the technology-powered real estate brokerage Redfin. The largest increase ever recorded in the Case-Shiller national home price index (which goes back through 1988) was 14.5% in September 2005.

Inside the Details of Rising Home Prices

In the week ending Oct 4, home prices shot up 16% from the same week a year earlier. Since the four-week period ending Jul 5, home prices have grown 6.8%. On the contrary, over that same period in 2018 and 2019, prices dropped an average of 4.4%. During the four-week period ending Oct 4, the median asking

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FORECLOSURE HOMES 

Despite news of foreclosure, Hunsader Farms presses ahead with festival

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Timothy Fanning
 
| Sarasota Herald-Tribune

MANATEE COUNTY — This weekend, head east on State Road 64 until the stores with candy corn and plastic Halloween costumes disappear. Keep going when the road narrows to two lanes and wooden barns dot large open farm land. 

Go beyond the DeSoto Speedway with the revving stock car engines until the road breaks off to Waterbury. There you’ll find the Hunsader family farm and nearly three decades of fall tradition — a fall tradition that appears unspoiled despite a global pandemic and concerns that the beloved Manatee County farm is facing foreclosure. 

The 29th Annual Pumpkin Festival — seen by many locals as the true beginning of fall — will press ahead on Saturday and Sunday and continue every weekend through Oct. 25, according to the farm’s website. The farm’s U-pick fields also appear to be open until June. 

Aside from mask requirements inside

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HOME FOR SALE 

Google Chromecast hits Home Depot shelves ahead of official launch, report says

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We’re just two days away from the new Chromecast, but some people have been able to buy it already. 


XDA Developers

Two days before Google’s Pixel 5 event, the company’s rumored new Chromecast has been spotted for sale at Home Depot for $50. People on social media as well as tech site The Verge said they were able to purchase the still unannounced streaming device at the home improvement retailer. The receipt listed the new Chromecast as “Sabrina-Abbey Rock Candy,” the hardware’s codename, according to The Verge. 

Read more: Best streaming device of 2020: Roku, Apple TV, Fire Stick, Nvidia Shield and more compared

CNET has reached out to Google for comment, and we’ll update when we hear back.

The new device apparently isn’t available at all Home Depot locations, so

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HOME FINDER 

Spain says ‘tough weeks’ ahead as Madrid hit hard by virus

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MADRID – Health authorities warned Madrid residents Thursday to brace for tough weeks ahead as a sustained coronavirus spread that is hitting the Spanish capital hard brought the country’s total infections over the 700,000 mark.

With over 10,600 new infections confirmed on Thursday, in line with the average for the past week, Spain’s total tally reached 704,209. There were also 84 new confirmed fatalities, raising the overall death toll to 31,118.

Because of limited testing, among other factors, the figures don’t capture the true extent of the pandemic.

The extended region around Madrid, comprising a population of 6.6 million, is struggling to control outbreaks that have hit harder in high-density working-class areas.

“Tough weeks are coming for Madrid,” Health Minister Salvador Illa told a press conference. “We have to act with determination to bring the pandemic under control.“

The region’s government is set to announce Friday new restrictions in the

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