Written by Kevin Stocklin | Published by The Epoch Times | May 21, 2024 It has been a year since a string of U.S. regional bank failures, together with the collapse of global heavyweight Credit Suisse, caused many to fear that a major financial crisis was imminent. It has been a year since a string …
The Incoming Commercial Real Estate Crisis No One Seems Prepared For Read More »
Published by FOX Business | May 20, 2024 An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher. A new report published by Fitch Ratings found that homes were overvalued by 11.1% at the end of 2023, a …
Homes Overvalued Across U.S., Worst in These 5 States Read More »
Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …
Home Prices Come Into Focus as Key Issue in the 2024 Election Read More »
Published by REALTOR.com | May 9, 2024 Proposed congressional legislation to ban Wall Street hedge funds from snapping up single-family homes would likely have little impact on home prices, one economist has argued. “With their small national market share, claims that large institutions inflate house prices seem exaggerated,” wrote Capital Economics Property Economist Thomas Ryan in a …
Crackdown on Hedge Fund Homebuyers Won’t Lower Housing Prices, Economist Argues Read More »
Published by Forbes.com | April 30, 2024 Several types of real estate scams are on the rise and even the savviest homeowners should be on alert. Scams are on the rise, and this includes real estate scams. According to the FBI’s Internet Crime Complaint Center (IC3), business email compromise (BEC) schemes frequently target the real estate sector. …
Real Estate Scams Are On The Rise. Here’s What You Need To Know Read More »
Published by REALTOR.com | May 4, 2024 Since his guilty plea, Cox says he’s reformed and has turned his unusual talents to fighting fraud. In the late ’90s, Matthew Cox was 29 and starting a new job as a mortgage broker in Tampa, FL, when he committed his first act of mortgage fraud by erasing a borrower’s late payment …
Mortgage Fraudster Who Served 13 Years in $55M Scheme Now Helps Fight Scammers Read More »
Published by FOX Business | May 3, 2023 IRS also plans to nearly triple audit rates on large corporations with assets over $250M The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to …
IRS Plans To More Than Double Its Audit Rate of Wealthy Taxpayers Read More »
Published by FOX Business | April 29, 2024 Lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again. Democrats in the U.S. Senate and House have sponsored legislation …
Wall Street Has Spent Billions Buying Homes. A Crackdown is Looming. Read More »
Published by FOX Business | April 24, 2024 Rising home insurance rates are crushing U.S. families The astronomic rise in mortgage rates and spike in home prices over the past year have pushed a key tenet of the American dream out of reach for millions of families. Now, there is another obstacle to homeownership: higher …
Surge in Home Insurance Costs Adding More Inflation Pressure on Americans Read More »
Published by National Association of Realtors | April 18, 2024 To say that ransomware is a growing cyber threat is an understatement. Ransomware—cyberattacks in which cybercriminals use malicious software to seize control of computers and network systems, encrypt data, and then demand payment to release control of the data and computer systems—is driven by low …
Ransomware: Protecting Your Business From Increasing Cyberthreats Read More »
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