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These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Source: Fortune --- Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi came...
The pandemic’s real estate jobs boom is turning into a bust as layoffs hit
Source: NBC News --- WASHINGTON — As housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing market of the pandemic are now facing widespread layoffs with steeper cuts expected ahead. Some of the biggest players in...
Proposition 4: Juneau voters will decide whether to repeal mandatory disclosure of real estate prices
Source: KTOO --- This question asks voters to repeal measures the Juneau Assembly adopted in 2020 and this past February that mandate sharing real estate sales prices with the city assessor’s office. The assessor’s job is to determine the fair market value of every...
3 Reasons to Buy Metaverse Real Estate Before the Crypto Winter Ends
Source: The Motley Fool --- Metaverse real estate has fallen out of the headlines significantly, but that doesn't mean it's fallen out of favor with investors. With the world economy continuing on a rocky trajectory, even former crypto bulls are starting to have some...
Crypto Real Estate Sales Are Officially Here, But Will They Last?
Source: Forbes --- With the arrival of Bitcoin in 2009 and subsequent blockchain currencies, conversations about crypto real estate immediately followed, albeit in hushed murmurs. Fast forward to today and stories of seven-figure crypto real estate transactions have...
Los Angeles agencies returned $150 million in federal funds to house homeless people
Source: LA Times --- Nearly $150 million worth of federal grants to the three main housing agencies working to reduce homelessness in Greater Los Angeles went unspent between 2015 and 2020, as the number of unhoused people soared. Instead of being used to address...
