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Month: September 2023
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They say you can never tell that we are in a speculative bubble until it’s too late. Part of the nature of a collapse is that it surprises everyone. This was true in nearly every example throughout economic history. In 2008 very few people were sounding alarm when it came to housing. The common belief
Balkan-Swedish soccer legend Zlatan Ibrahimović — one of the game’s all-time greatest strikers, who retired at age 41 — just sold his one-bedroom condo at the W South Beach. Built in 2009, the ninth-floor pad at 2201 Collins Ave. sold for $2.3 million, just under its $2.4 million ask. It was on the market for
Many Americans are house-rich, at least on paper. Thanks to skyrocketing housing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve — just shy of the 2022 peak. That’s roughly $200,000 cash per homeowner in equity that can be tapped, which is the amount most lenders
The United States embassy has urged every citizen to leave Haiti “as soon as possible” due to threats of escalating violence. Redacted correspondent Dan Cohen is in Haiti and says that the situation is “calmer than it has been in years, thanks to a truce between various armed groups.” He calls this an attempt to
Andy and Sean will be joined by Larry West, EA, MBA @larryd.westiii7619 to discuss tax planning strategies for real estate investors. Sean St. Clair has developed a niche of representing real estate investors in their transactions and business ventures. Sean assists his real estate investor clients with their business planning and organizational structure. He is
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Today, we’re going to talk about some of the TOP REAL ESTATE MARKETS in the USA and what the real estate market is doing in these top cities. Don’t miss this LIVE real estate discussion with Levi Lascsak, Travis Plumb, and Krissy Owens! If you’re thinking about living in Frisco, or any other Dallas Texas
Temporary mortgage rate buydown programs grew in popularity due to the rise in mortgage interest rates last year. This is a type of home loan program in which the homebuyer temporarily reduces their mortgage payment. For example, in a 2/1 rate buydown the interest rate during the first year is reduced by two percentage points.
A taste of a bygone era’s opulence will soon be up for sale: For the first time, items from the Rothschild family’s private collection will be up for auction in North America. This October, Christie’s in New York will sell hundreds of curated pieces from the decadent banking dynasty’s trove in a series of events.
NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of Chinese property developer Evergrande jumped over 70% on Wednesday, leading gains on the Hang Seng Index. The real estate sector was
A “For Sale” sign is displayed in front of a home on August 30, 2023 in Los Angeles, California. Mario Tama | Getty Images After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with
Oli London is an expert on gender ideology and one of the more well known de-transitioners. He had over 32 surgeries in his quest for perfection until he had a wake up call that made him realize that surgeries were not the answer. His new book is called Gender Madness: One Man’s Devastating Struggle with
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