A report from News Corp on California. "The secluded longtime home of Arnold Schwarzenegger has hit the market, with $15 million (US$11m) price hopes. In 2013, the house was sold for US$12.9 million. The home is now being sold by…
A report from the LA Daily News in California. "Since 2000, U.S. inflation has averaged 2.2%, according to the Consumer Price Index, while rates on 30-year mortgages averaged 5%, according to Freddie Mac. So historically speaking, loans are usually priced…
A weekend topic starting with BBN Times. "The amount of wealth in an economy should be related to the amount of income. For example, wealth in real estate will be linked to the income that people have available to pay…
A report from the Daily Democrat in California. "Tom Doyle bought a house in southwest Woodland for $675,000 last year in October. Doyle said that his family had been paying attention to the housing market, but it is very different…
A report from WPTV on Florida. "Zillow is hanging a 'for sale' sign on as many as 30 homes in Palm Beach County. Along West Lake Drive in Lake Clarke Shores is a house for sale that has an interesting…
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…
A weekend topic starting with WFTS in Florida. "The current market has made it hard to predict how much a house would sell for, which is causing Zillow to lose money. The company currently owns at least 100 homes in…
A report from Market Watch. "KeyBanc analyst Edward Yruma completed an analysis of 650 homes in Zillow’s inventory, or about one-fifth of the homes owned, and found that 66% are currently listed below the purchase price at an average discount…
A report from the Aspen Times in Colorado. "I met a colleague of mine at an Aspen coffee shop earlier this week. We talked about the recent shift from the non-stop activity for the second summer in a row, to…
A weekend topic starting with the Columbus Dispatch in Ohio. "The people behind the Issue 7 green-energy initiative on Tuesday's ballot have remained largely secretive. Two of their leaders have been mired in major personal financial problems that have dogged…