From a Wall Street Journal online article:
The jewel-box home—small, but loaded with amenities and costly finishes—is luring more home buyers. An analysis by Home Innovation Research Labs, a subsidiary of the National Association of Home Builders, found that the number of new-construction luxury homes at 3,000 square feet or less has increased nearly 20% since 2013—with a corresponding decline in larger-size, high-price homes.
Changing demographics might be driving the trend. More than half of all households now consist of single people or couples, U.S. Census Bureau data shows—with traditional nuclear families accounting for just 20%.
“Empty-nesters want to downsize, but they want luxury homes not starter homes—luxury kitchens, marble surfaces, all the latest and greatest,” said Tim Costello, CEO of Builder Homesite, a consortium whose New Home Source website—an online clearing house for new-construction homes—tracks home buyers’ preferences.
To read more: https://www.wsj.com/articles/luxury-homeowners-put-a-ring-on-jewel-box-homes-11576081060
Political advertising is flourishing online, but federal guidelines regulating those ads are virtually absent. WSJ’s Emily Glazer explains why Facebook, Twitter and Google are making their own rules.
Pet-supply stores had long withstood the threat posed by online shopping. That was until Chewy came along. WSJ’s Miriam Gottfried tells the story of how PetSmart responded to the new competition.
Tuesday, Friday and Sunday, he is out before dawn for a 1.5- to two-hour run with Abby and Finn on one of the many trails accessible from Tucson along the Catalina Highway. The dogs are disciplined enough to run off-leash in a pack with him. The farthest he has taken Abby is a 13-mile, three-hour run. “She came home quite tired, as did I,” he says. When training for a marathon or longer distances, he adds a solo run on Wednesdays. He’ll run up to 23 miles on a network of paths in Tucson called the Loop.
Wall Street Journal corporate bureau chief Marcelo Prince explains the competition between retailers Amazon, Target and Walmart to provide one-day shipping to customers during the holiday season.
The complementary pair—Onassis the sophisticate, and Simon the nervous hippie—were close until Onassis died in 1994. Over a sprawling conversation, Simon discussed seeing the “goofy” side of Onassis, what she misses about performing and what she envied about Onassis.