Across the state, local politicians engaged in what authorities called an “extraordinary” wave of corruption, unable to resist favors and bribes from land developers…
End of Realtor Commission Model Poses Biggest ‘Jolt’ in Housing in 100 Years…
“Housing experts predict that this could trigger one of the most significant jolts in the U.S. housing market in 100 years,” Lokenauth said…
Investor Warns U.S. Entering ‘Greatest Real Estate Correction in My Lifetime’: ‘Going to be at epic levels’…
One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen…
Big Commercial Real Estate Downturn Could Sink 300+ Banks: Report…
A sharp downturn in commercial real estate performance could have a big impact on the banking sector, but not big enough to destabilize the financial system, according to analysis from one of the top real estate economists in the country…
New York Democratic Rep Dan Goldman Made Over 500 Trades During First Months on Job…
New York Rep. Dan Goldman really thinks he has the Midas touch…
U.S. Household Net Worth Drops $6.1 Trillion in Second Quarter, Despite Home Values Increasing $1.5 Trillion…
The U.S. Federal Reserve has published the second quarter 2022 balance sheet of U.S. total household wealth…
Vatican Announces Criminal Charges for Financial Corruption and Money Laundering; Trial Begins Tuesday…
The Holy See has announced criminal charges against ten individuals—both clergy and laymen—in ongoing attempts to punish widespread financial corruption…
A Longstanding Tax Break for Real Estate Investors Could Be Coming to An End…
The IRS recently issued new regulations affecting this tax break, and the Nov. 3 election could determine its future as well…
Fed Rate Cut to Boost Homebuyers’ Spending Power…
The Federal Reserve cut interest rates on Tuesday in response to the spreading coronavirus, and that could bring benefits to one sector of the U.S. economy just in time for spring: real estate. Mortgage rates were already low – and the addition of a rate cut could provide an even more attractive opportunity for prospective […]
Federal Reserve Chair Jerome Powell Statement and Press Conference Following 50 Point Fed Drop…
Earlier this morning the Federal Reserve (Fed) announced a .50 drop in their lending rate in response to the potential for economic impacts from the coronavirus. Following the rate cut Federal Reserve Chair Jerome Powell delivered a statement and held a press conference…