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 the Los Angeles Times in California. "The city of Bradbury just saw its priciest sale in years when Lynsi Snyder sold her Mediterranean mansion for $16.25 million. It chalks up as a loss for Snyder, who bought…
A report from KUTV Salt Lake City in Utah. "'We keep talking about housing crash, housing crash, housing crash,' said Dejan Eskic, senior research fellow at the Kem C. Gardner Policy Institute — but he doesn’t see that happening. 'The…
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 weekend topic starting with the Washington Post. "After steadily growing for a decade and a half, the District of Columbia shrank this year by around 20,000 residents, or 2.9 percent. The sharp drop in the District’s population was no…
A weekend topic starting with KTUV. "Like many homeowners across the country, Santa Claus has benefited from skyrocketing home values, according to Zillow — which values his sprawling North Pole property at more than $1 million. A searing hot housing…
It's Friday desk clearing time for this blogger. "Househunting is shaping up to be easier in 2022. Inventory is bouncing back, demand is cooling, and prices are even falling for the most popular homes. Prices have fallen more dramatically on…
A report from the Erie Times-News. "November bought some relief for buyers as median sale prices fell 2.9% to $330,000, the largest monthly decline since the beginning of the pandemic, according to the November National Housing Report from Re/Max." The…
A report from the Bulletin in Connecticut. "Andrea Kazantzis, owner of Kazantzis Real Estate of Brooklyn, said there are still plenty of out-of-state buyers coming from New York, Massachusetts, and elsewhere to purchase homes for themselves or as investments. Kazantzis…
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…