A report from the Honolulu Star advertiser in Hawaii. "A Hong Kong-based company with plans…
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From the first 6 minute video:
Are FORECLOSURES on the rise in Concord North Carolina?
We Love Concord
Mar 9, 2023
Are FORECLOSURES on the rise? Will we see an increase in foreclosures in 2023 in Concord, North Carolina, and the surrounding Greater Charlotte Metro area? Due to the changing economy and high-interest rates, foreclosures are always a possibility, but we see foreclosures in any market condition. Tune in to find out what to expect with foreclosures in 2023, how to avoid foreclosure, and if you are looking to invest in a foreclosed property, discover other options to find a great value on your next property!
The second 8 minute video:
Seattle Housing Market Weekly Update! Real Estate Stats for February 25th to March 3rd 2023
Urban Living
Mar 8, 2023
During the week of February 25th to March 3rd, new listings were up 23% week-over-week for a total of 231. Finally some new listings for buyers! This was the first week with more than 200 listings in four months. Even though rates are just under 7%, buyers put 177 homes under contract. This is up nearly 20% week-over-week.
The third 3 minute video:
Is a wave of mortgage defaults coming to Canada?
CTV News
Mar 8, 2023 TORONTO
The rise of people using private lenders for their mortgage in Canada may spell trouble amid falling house prices and rising interest rates.
The fourth 19 minute video:
Drastically Low Inventory In Vaughan, Richmond Hill & Markham Real Estate – Mar 1
Team Sessa Real Estate
Mar 9, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Feb 23 – Mar 1, 2022.
Sewage from Tijuana has overwhelmed the international treatment plant in San Diego — which is now discharging 30 million gallons a day of partially treated wastewater into the Pacific Ocean.
Officials announced the situation Wednesday after five primary treatment tanks became clogged with sewage, garbage and sediment at the South Bay International Wastewater Treatment Plant just north of the U.S.-Mexico border.
“With the primary tanks out of commission that means we’re not skimming the solids off the top,” said Morgan Rogers, the San Diego area operations manager for the U.S. section of the International Boundary and Water Commission. “That means there’s going to be more solids when it leaves.”
Since a major pipeline broke in Tijuana in August, the facility in San Diego has been forced to take an additional 5 million to 10 million gallons of sewage a day.
Officials said the pipe likely won’t be repaired until 2024, meaning the treatment plant may have to continue operating over its intended capacity.
“It was supposed to be fixed back in September, so we always knew something was up,” Rogers said of the broken pipeline. “I don’t want to say Mexico hasn’t been talking to us, but there hasn’t been a real clear plan.”
I cancelled my surfing trip to San Diego because of this. Instead I’m gonna do the National Triathlon in Milwaukee this year….. and maybe some ballroom dancing.
The Jersey coast suffered from NYC doing this way back. They only had primary treatment anyway.
Sorry to say, but this isn’t news. It’s happened before. I can’t recall how many times. A surfer could give you a better idea.
Unlike land (under certain administrations), water doesn’t have borders.
The dirt under it does.
Bay Area university faces default on loan for its huge property
East Bay Times|8 hours ago
Holy Names University, a 154-year-old private Catholic college in Oakland, has defaulted on the loan for its property.
JPMorgan Chase & Co JPM-N -5.41%decrease
has sued Jes Staley, its former private banking head and later Barclays Plc’s chief executive, accusing him of entangling it with sex offender Jeffrey Epstein, and saying Staley himself had been accused of sexual assault.
The largest U.S. bank filed two complaints on Wednesday night in Manhattan federal court, where it is also defending against lawsuits by the U.S. Virgin Islands and an unnamed woman, Jane Doe 1, who say JPMorgan aided in Epstein’s sex trafficking by keeping him as a client.
JPMorgan said Staley should cover some or all damages if it were found liable, and pay punitive damages for his “intentional and outrageous conduct” in concealing information about Epstein and putting his own and Epstein’s interests above the bank’s.
The Wall Street bank also wants Staley to repay all compensation from 2006 to 2013. Based on industry standards, that amount could total tens of millions of dollars.
Staley is not a defendant in the Doe or U.S. Virgin Islands lawsuits.
A lawyer for Staley did not immediately respond to a request for comment after business hours. Other media said a lawyer for Staley declined to comment.
Staley has acknowledged having been friendly with Epstein, but expressed regret for their relationship and denied knowing about the financier’s alleged crimes.
JPMorgan’s lawsuits attempt to shift blame to Staley, once considered a possible successor to Chief Executive Jamie Dimon, for allegedly helping shepherd the bank’s relationship with Epstein, a client from 2000 to 2013, and damage its reputation.
The complaints reference various claims in the earlier lawsuits, which JPMorgan has sought to dismiss.
These included Staley’s having allegedly “personally observed Doe as a sex trafficking and abuse victim,” and content from an estimated 1,200 emails that Staley and Epstein exchanged between 2008 and 2012, including some about young women that contained sexual content.
JPMorgan also referred to Doe’s accusation that “one of Epstein’s friends used aggressive force in his sexual assault of her and informed Jane Doe 1 that he had Epstein’s permission to do what he wanted to her.
“Upon information and belief, Staley is this person, who she described as a ‘powerful financial executive’ she had historically been afraid to identify,” the bank said in its complaints.
Lawyers for Doe did not immediately respond to requests for comment after business hours.
Epstein killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.
Staley resigned as Barclays’ chief executive in November 2021 amid a dispute with British financial regulators examining his ties to Epstein.
Epstein’s victims are also suing Deutsche Bank AG, where Epstein was a client from 2013 to 2018. Deutsche Bank is seeking a dismissal.
The cases are JPMorgan Chase Bank NA v Staley, U.S. District Court, Southern District of New York, No. 22-10019 and 22-10904.
Shares In Chinese Developer Kaisa Plunge As Trading Resumes
Barron’s|6 minutes ago
Debt-laden Chinese property developer Kaisa’s share price hit a record low on Friday as trading resumed following an 11-month trading halt, with the company saying it is in negotiations with creditors.
As a national lender explained, “Over 90 percent of all mortgages since 2011 are in fact subprime.”
He’s right.
Salt Lake City, UT Housing Prices Crater 26% YOY On Soaring Vacancies As Utah Economy Dries Up
From the first 6 minute video:
Are FORECLOSURES on the rise in Concord North Carolina?
We Love Concord
Mar 9, 2023
Are FORECLOSURES on the rise? Will we see an increase in foreclosures in 2023 in Concord, North Carolina, and the surrounding Greater Charlotte Metro area? Due to the changing economy and high-interest rates, foreclosures are always a possibility, but we see foreclosures in any market condition. Tune in to find out what to expect with foreclosures in 2023, how to avoid foreclosure, and if you are looking to invest in a foreclosed property, discover other options to find a great value on your next property!
The second 8 minute video:
Seattle Housing Market Weekly Update! Real Estate Stats for February 25th to March 3rd 2023
Urban Living
Mar 8, 2023
During the week of February 25th to March 3rd, new listings were up 23% week-over-week for a total of 231. Finally some new listings for buyers! This was the first week with more than 200 listings in four months. Even though rates are just under 7%, buyers put 177 homes under contract. This is up nearly 20% week-over-week.
The third 3 minute video:
Is a wave of mortgage defaults coming to Canada?
CTV News
Mar 8, 2023 TORONTO
The rise of people using private lenders for their mortgage in Canada may spell trouble amid falling house prices and rising interest rates.
The fourth 19 minute video:
Drastically Low Inventory In Vaughan, Richmond Hill & Markham Real Estate – Mar 1
Team Sessa Real Estate
Mar 9, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Feb 23 – Mar 1, 2022.
Sewage from Tijuana has overwhelmed the international treatment plant in San Diego — which is now discharging 30 million gallons a day of partially treated wastewater into the Pacific Ocean.
Officials announced the situation Wednesday after five primary treatment tanks became clogged with sewage, garbage and sediment at the South Bay International Wastewater Treatment Plant just north of the U.S.-Mexico border.
“With the primary tanks out of commission that means we’re not skimming the solids off the top,” said Morgan Rogers, the San Diego area operations manager for the U.S. section of the International Boundary and Water Commission. “That means there’s going to be more solids when it leaves.”
Since a major pipeline broke in Tijuana in August, the facility in San Diego has been forced to take an additional 5 million to 10 million gallons of sewage a day.
Officials said the pipe likely won’t be repaired until 2024, meaning the treatment plant may have to continue operating over its intended capacity.
“It was supposed to be fixed back in September, so we always knew something was up,” Rogers said of the broken pipeline. “I don’t want to say Mexico hasn’t been talking to us, but there hasn’t been a real clear plan.”
https://www.latimes.com/california/story/2023-03-09/millions-of-gallons-of-sewage-are-spewing-into-san-diego-waters-a-fix-could-take-weeks
The plan is, as always, fook the gringos.
I cancelled my surfing trip to San Diego because of this. Instead I’m gonna do the National Triathlon in Milwaukee this year….. and maybe some ballroom dancing.
The Jersey coast suffered from NYC doing this way back. They only had primary treatment anyway.
Sorry to say, but this isn’t news. It’s happened before. I can’t recall how many times. A surfer could give you a better idea.
Unlike land (under certain administrations), water doesn’t have borders.
The dirt under it does.
Bay Area university faces default on loan for its huge property
East Bay Times|8 hours ago
Holy Names University, a 154-year-old private Catholic college in Oakland, has defaulted on the loan for its property.
JPMorgan Chase & Co JPM-N -5.41%decrease
has sued Jes Staley, its former private banking head and later Barclays Plc’s chief executive, accusing him of entangling it with sex offender Jeffrey Epstein, and saying Staley himself had been accused of sexual assault.
The largest U.S. bank filed two complaints on Wednesday night in Manhattan federal court, where it is also defending against lawsuits by the U.S. Virgin Islands and an unnamed woman, Jane Doe 1, who say JPMorgan aided in Epstein’s sex trafficking by keeping him as a client.
JPMorgan said Staley should cover some or all damages if it were found liable, and pay punitive damages for his “intentional and outrageous conduct” in concealing information about Epstein and putting his own and Epstein’s interests above the bank’s.
The Wall Street bank also wants Staley to repay all compensation from 2006 to 2013. Based on industry standards, that amount could total tens of millions of dollars.
Staley is not a defendant in the Doe or U.S. Virgin Islands lawsuits.
A lawyer for Staley did not immediately respond to a request for comment after business hours. Other media said a lawyer for Staley declined to comment.
Staley has acknowledged having been friendly with Epstein, but expressed regret for their relationship and denied knowing about the financier’s alleged crimes.
JPMorgan’s lawsuits attempt to shift blame to Staley, once considered a possible successor to Chief Executive Jamie Dimon, for allegedly helping shepherd the bank’s relationship with Epstein, a client from 2000 to 2013, and damage its reputation.
The complaints reference various claims in the earlier lawsuits, which JPMorgan has sought to dismiss.
These included Staley’s having allegedly “personally observed Doe as a sex trafficking and abuse victim,” and content from an estimated 1,200 emails that Staley and Epstein exchanged between 2008 and 2012, including some about young women that contained sexual content.
JPMorgan also referred to Doe’s accusation that “one of Epstein’s friends used aggressive force in his sexual assault of her and informed Jane Doe 1 that he had Epstein’s permission to do what he wanted to her.
“Upon information and belief, Staley is this person, who she described as a ‘powerful financial executive’ she had historically been afraid to identify,” the bank said in its complaints.
Lawyers for Doe did not immediately respond to requests for comment after business hours.
Epstein killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.
Staley resigned as Barclays’ chief executive in November 2021 amid a dispute with British financial regulators examining his ties to Epstein.
Epstein’s victims are also suing Deutsche Bank AG, where Epstein was a client from 2013 to 2018. Deutsche Bank is seeking a dismissal.
The cases are JPMorgan Chase Bank NA v Staley, U.S. District Court, Southern District of New York, No. 22-10019 and 22-10904.
https://www.theglobeandmail.com/business/international-business/article-jpmorgan-sues-former-banker-jes-staley-over-jeffrey-epstein-ties/
Epstein didn’t kill himself.
Shares In Chinese Developer Kaisa Plunge As Trading Resumes
Barron’s|6 minutes ago
Debt-laden Chinese property developer Kaisa’s share price hit a record low on Friday as trading resumed following an 11-month trading halt, with the company saying it is in negotiations with creditors.
As a national lender explained, “Over 90 percent of all mortgages since 2011 are in fact subprime.”
He’s right.
Salt Lake City, UT Housing Prices Crater 26% YOY On Soaring Vacancies As Utah Economy Dries Up
https://www.movoto.com/ut/84103/market-trends/