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Friday, jun 28
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Charleston, SC
Weather
Ian Takes Aim Again: Here's Where Monster Storm's Now Headed, When It Will Affect Northeast
After devastating southwest Florida as a strong Category 4 storm, Ian has restrengthened again ahead of what is expected to be its fourth landfall before it will affect much of the Northeast. After being downgraded to a tropical storm, Ian is back to hurricane status as a Category 1 storm. Its latest landfall is expected in South Carolina -- between Charleston and Myrtle Beach -- sometime in the early afternoon on Friday, Sept. 30, according to the National Hurricane Center. Already one of the Top 10 strongest storms on record in the United States, the death toll in Florida continues t…
Real Estate
Albany Among 'Juiced Up' Areas Likely To See Home Prices Decline, New Report Says
The Albany area is among the US housing markets that are most likely to see home prices decline as the COVID-19 pandemic housing boom comes to an end, Fortune Magazine reports. Analysts told the outlet that US home prices are now priced ahead of what incomes can support, with the overvaluation varying greatly by market. A market risk assessment found that of roughly 400 metropolitan statistical areas, 67.9 percent were deemed overvalued, Fortune reports. That’s up from 64.7 percent in April. Analysts told the outlet that only 24.5 percent of US housing markets are considered “…