Housing News
Let's get small: Rising home prices are fueling demand for so-called "tiny houses," domiciles that typically measure under 500 square feet. Lately, rivalry has stirred over which U.S. city is really the tiny house capital of the world. Colorado Springs, Portland, OR both claim the title, with Seattle and Austin, TX, not far behind. – realtor.com
Brexit polls: The effect of the British decision to leave the European Union will likely have little effect on U.S. real estate. In the short-term, construction in Britain will see real estate price declines, and probably raise first-time buyer participation. – National Association of Home Builders
Kiwi talk: Auckland, New Zealand, is so short on housing the government is willing to pay residents 5,000 New Zealand dollars to move away. A successful economy has drawn unprecedented immigration to the small city, straining the housing market and encouraging home-sharing, tenting and homelessness. – CNBC
This Week In History
1981 – On July 7, President Ronald Reagan nominates Sandra Day O'Connor to be the first female U.S. Supreme Court justice.
1976 – On July 7, female cadets enroll for the first time at West Point.
1946 – On July 5, designer Louis Reard unveils a daring two-piece swimsuit – the bikini.
1911 - Temperatures peak at 106 degrees July 4 at Nashua, NH. An 11-day heat wave in New England kills 380.
1865 – Mary Surratt is hanged July 7, A convicted conspirator in the assassination of Abe Lincoln, she is the first U.S. woman ever executed.
1863 – Confederate troops are rebuked July 3 at Gettysburg, PA, ending the most decisive battle of the U.S. Civil War.
1826 – Former presidents Thomas Jefferson and John Adams both die July 4, 50 years to the day after the Declaration of Independence.
1776 – On July 4, the U.S. declares independence from Great Britain.