Friday, 31 January 2025

D. Ong

Federal Reserve Said It’s Not Ready To Cut Interest Rates Even as Inflation Cools

The federal reserve began hiking interest rates in March 2022 in hopes of curbing the rising inflation.
One Official Involved in $2M NYC Corruption Scandal Was Suspended After Naked Zoom Call

New details have emerged about some of the 70 NYCHA employees involved in the $2 million bribery scandal, including one who was suspended for appearing naked in a work-related call.
5 Important Tips To Prevent Real Estate Fraud

With real estate fraud cases on the rise, it's important to know how to safeguard your investment and ensure you are not being exploited in a transaction. Here are some tips to prevent real estate fraud.
More States Are Now Using Medicaid Funding To Address Housing Crisis

At least 20 states are now allocating Medicaid funds to pay for housing or cover the rent of homeless patients.
More Than 30% of Real Estate Agents Say Politics, Gun, and Abortion Laws Affected Where Home Buyers Are Relocating: Redfin

Real estate agents said home buyers are relocating to places where the laws align with their views or locations where neighbors share similar political views.
Real Estate Fraud Cases Are on the Rise; Losses Exceed $70,000 – Report

One in 10 Americans have been targets of real estate fraud in 2023, according to a wire fraud protection company.
70 Current and Former Employees of NY Public Housing Authority Charged in Historic Corruption, Extortion Case

The NYCHA employees pocketed over $2 million in cash payments for no-bid repair contracts. Federal prosecutors in New York on Tuesday unsealed bribery and extortion charges against 70 current and former employees of the New York City Housing Authority (NYCHA) for allegedly pocketing over $2 million in cash payments for no-bid repair contracts.
5 Types of Insurance Every Landlord Should Have

Protecting your properties and assets is crucial as a landlord. Here are five types of insurance policies you need to mitigate any risks related to your real estate property.
Real Estate 101: 5 Fireplace Safety Tips To Know To Reduce Fire Hazard in Your Home

It is essential to follow proper fireplace maintenance to reduce the risk of fireplace-related fire. Here are some safety tips to know.
Small Banks Will Likely Close Due to Commercial Real Estate Weakness: Fed

Federal Reserve Chair Jerome Powell made the grim prediction during a "60 Minutes" interview.
China Rolls Out New Property Relief Measures Following Evergrande’s Liquidation

Beijing rolled out a new loan worth $46 million to a state-backed development in a bid to support real estate companies eligible for credit, debit, and equity financing.
Insurance Companies Leaving Fire- And Flood-Prone California

A total of 3.2 million acres of land in California burned due to the wildfires between 2021 and 2023.
A Guide to 5 Key Information Sellers Should Disclose To Potential Buyers

If you're planning on selling your property, here is a list of information that you are obligated to disclose to potential buyers.
Real Estate 101: What Is Renters Insurance and What Does It Cover?

Rental insurance can save you from financial headaches in the event of accidents and unforeseen circumstances. Here's a quick guide to renters insurance.
First-Time Homebuyers Are Being Priced Out of the Housing Market: Analyst

Home prices increased by 5% in 2023 and 50% over the past four years. It is virtually impossible for first-time buyers to purchase a home amid soaring house prices and mortgage rates, according to an analyst.
Canada Extends Ban on Foreign Ownership of Housing Until 2027

The ban prohibits foreign nationals and commercial enterprises from purchasing residential property in Canada.
VA Set a Record for Most Homeless Veterans Placed in Housing in 2023: Report

The VA placed more than 46,500 veterans in permanent housing last year, exceeding its goal by at least 23%.
5 Home Items Experts Say You Should Never Buy Used

Some home items are better purchased brand new to ensure safety and longevity. Here are some items experts say you should never buy second hand.
5 Common Pitfalls of Renting From a Private Landlord

Renting from a private landlord can be an enticing prospect, but it comes with a list of potential downsides. Here's a guide.
Top 5 Apartment Amenities Tenants Expect in 2024

The demand for certain amenities, especially in apartment buildings, have continued to evolve over the years. Here is a list of amenities tenants expect in 2024.
A Texas City’s Guaranteed Income Program Helped Reduce Housing Insecurity Among Residents: Report

The guaranteed income program provided more than 100 low-income families with $1,000 monthly checks.
NAR CEO Claims Organization Was Unfairly ‘Vilified’ Over Commissions in Real Estate, Sets the Record Straigh

In a video message, NAR CEO Nykia Wright said the organization does not have control over real estate commissions.
4 Main Factors Lenders Review When Qualifying You for a Mortgage

Different lenders have their own specific qualifications for mortgages, but there are four main factors they review in the process. Here's a guide.
Real Estate 101: Mortgage Dos and Don’ts To Know in 2024

Understanding the dos and don'ts for shopping favorable mortgage rates can help you gain thousands in savings. Here's a quick guide.
3 Best Jobs Paying Over $75,000 in the United States in 2024: Indeed

The jobs listed by job site Indeed all have a minimum salary of at least $75,000 and with at least 10% of postings mentioning "remote" or "hybrid" work options.
Office Market in the US May See $1 Trillion of Losses: Expert

Office properties in the United States are now worth only $1.8 trillion, down from a previous valuation of $3 trillion.
Homeless People in California Are Now Living in Elaborate Caves Alongside Rivers: Report

The cave networks were fully furnished with bedding, a makeshift mantel, drugs and weapons. Homeless people in California are now living in elaborate cave networks underneath the Tuolumne River amid the state's ongoing crisis with unhoused residents, according to a report.
Home Safety 101: Every Emergency Phone Number Homeowners and Renters Should Know

Keep yourself safe and prepared during emergencies by having a list of these phone numbers in hand. Ensuring the safety of your home is paramount, and having quick access to emergency phone numbers is a crucial part of that preparedness.
Real Estate 101: What Are Garden Apartments and Are They Worth Renting?

If you're looking for an apartment, you may have encountered garden-style apartments. Here's a quick guide.
China’s Real Estate Crisis May Continue To Persist in 2024: Expert

More than 50 Chinese real estate firms, including giants Evergrander and Country Garden, defaulted on their debt since 2021.

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