Cart

0

Business, Economy, Real Estate

“Apple Commits $2.5 Billion to Ease California Housing Crunch”

“Apple on Monday announced a $2.5 billion plan to help address the housing crisis in California, becoming the latest tech giant in the state to address a problem that it helped cause… Apple joins other Big Tech companies based in… Continue Reading…

Economy, Real Estate

“Lower mortgage rates are causing an epic housing shortage”

“Housing inventory hit a record low about two years ago, but a lull in home sales over the past year helped build back much-needed supply, especially in the mid-priced range. Then a sharp drop in rates this summer brought demand… Continue Reading…

Stocks

“Stocks making the biggest moves after hours: GM, KB Home, HB Fuller and more”

“General Motors shares jumped 1.8% after the bell following a CNBC report that the automaker and United Auto Workers union are nearing a tentative agreement that could end the union’s ongoing strike… Shares of KB Home reached a year-to-date high Wednesday but slid as much… Continue Reading…

Economy, Real Estate

“…most expensive state to buy a home in”

“Massachusetts ranked as the most expensive state to buy a home in, according to a report from personal-finance website SmartAsset. The analysis assessed 48 states and Washington, D.C., based on the following metrics (Delaware and Louisiana were not included due to… Continue Reading…

Real Estate

Real Estate: “America’s Priciest Listing Sells at Foreclosure Auction”

“Once listed for $1 billion, a 157-acre parcel of land in Beverly Hills known as the Mountain has sold at a foreclosure auction to its lender for just $100,000.” https://www.wsj.com/articles/americas-priciest-listing-sells-at-foreclosure-auction-11566326719 This is a prime example of how the wealthy make… Continue Reading…

Stocks

“California Man Makes $2.8 Million Trading Stocks From Home—How?”

“In 2012, Kyle graduated college with $80,000 in debt and no job offers in sight. He asked his mom to get him a job at the real estate office, and after several months of saving a few hundred dollars a… Continue Reading…

Economy, Real Estate

“Home sales fall 4.9% in slow start to spring buying season”

“Sales of existing U.S. homes Opens a New Window. fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties Opens a New Window. . The National Association of… Continue Reading…

Uncategorized

“Los Angeles Is Having a Loud Economic Boom”

“L.A.’s gross domestic product per capita surged 11.8 percent the past five years, dwarfing Chicago’s 7.4 percent, almost three times New York’s 4.1 percent and twice the average for 383 U.S. metropolitan areas, Bloomberg data show. Some of the gain… Continue Reading…

Economy, Real Estate

“Trump Tax Reform Hits Home in Wealthy New York Suburbs”

“…Nearly 11 million taxpayers will be affected by the new cap on so-called SALT deductions on the taxes they file this year, and could lose out on a cumulative $323 billion, according to a February estimate from the U.S. Treasury… Continue Reading…