A report from the Globe and Mail. "About 500 investors, many from South Florida’s Venezuelan American community, were taken in by Efrain Betancourt Jr.’s sales pitch of high-interest returns on their investments in his short-term loan operation Sky Group USA.…
A report from Go Banking Rates. "Inventory hit an all-time low from about May 2020 through May 2021, said Jonathan Spears, a real estate agent based in Santa Rosa Beach, Florida. However, he said inventory began to slowly increase in…
A report from Mises.org. "This December’s Federal Open Market Committee (FOMC) meeting might be the last time we get to hear a Q&A session from Chair Powell this year. Said near the conclusion of the December meeting, on p.26 of…
A weekend topic starting with the Long Beach Business Journal in California. "The Long Beach housing market appears to be cooling slightly from its pandemic peak—at least as far as pricing goes. But lenders say interest in home finance is…
A press release from the Coronado Times. "Record home price appreciation in the last few years has pushed tappable home equity to new heights! According to Black Knight, the third quarter of 2021 saw a nearly $250 billion increase in…
A weekend topic starting with my comment this week. "We really need to stop playing along with the globalist scum media narratives." From Bloomberg. "On a technical basis, Bitcoin is seen by some analysts as being caught in a no…
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…
A weekend topic starting with a press release. "ATTOM released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter of…
It's Friday desk clearing time for this blogger. "Courtney White and her fiancé saw one house after another go under contract before even having a chance to see the property during their house hunt earlier this year. After finally buying…
A report from the Oklahoman. "Landon Whitt, CEO of OKCReal, said he's seen what may be some cooling in investor demand. 'I have had three different investors get cold feet after placing an offer, and pull out of the deal,…