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Almost All Will Be Lost

A report from the LA Daily News in California. "Rampant housing inflation means the federal government will now back almost million-dollar mortgages — including deals in Los Angeles and Orange counties. Note that mortgages made for vacation homes and second…

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Get Real, Average Turkey

A report from Bloomberg on New York. "Manhattan luxury-home sales had their best week of the year. The second-priciest home to find a buyer was a limestone mansion owned by financier Phil Falcone, at 22 E. 67th St., on the…

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Reality Always Strikes!

A report from KTNV in Nevada. "Las Vegas realtor Daniel Mahabir said Zillow was active in Las Vegas. 'They very quickly, because of their platform, became the number two largest iBuyer out here in Las Vegas,' he said, 'and then…

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