The Daily Money: Good tidings for home buyers
Good morning! It’s Daniel de Visé with your Daily Money.
Homes sold below their list price at the peak of the housing season, Redfin reports, a development that could shift the real estate market to the buyer’s advantage.
The typical home that sold during a four-week span in May and June went for 0.3% less than its asking price, according to the real estate brokerage Redfin.
That data point matters, housing experts say, because the market hits its annual peak in late spring and early summer. In the last few years, the average home sold at or above list price at that time of year. This year, it did not.
What does this mean for buyers? For sellers?
How do you know if a financial app is safe?
Americans are increasingly using financial apps to manage their money, but they need to be careful about which ones they choose to share their most sensitive data and how they do it, Medora Lee reports.
Nearly 3 in 4 of the financial apps examined by researcher Creditnews share at least some information with third parties. On average, the apps shared about six types of data, including device or other ID information, names, email addresses, app interactions, and phone numbers, Creditnews said. The most egregious apps shared about three times that amount of data.
Due to sensitive information used in financial apps, they’re prime targets for cybercriminals. Each time the app shares your data with a third party, your data footprint widens, creating more opportunities for your data to get stolen. Criminals can use stolen information to steal your money, identity, or reputation.
Here's how to protect yourself.
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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Finding a remote job isn’t as easy as it once was, Bailey Schulz reports.
While experts say work-from-home is here to stay, research shows that there has been a dip in remote and hybrid job postings since pandemic-era highs. Data from job search site Indeed shows that the share of job postings advertising remote or hybrid work options fell from a peak of 10.3% in February 2022 to 8.3% as of November.
This dip is especially prevalent among high-paying jobs, according to a report from career site Ladders. It found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter, while six-figure remote jobs slipped 12%. The findings are based on an analysis of nearly a half-million job postings on the site between October and December.
Here's the full story.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.