Nearly 20% Of Recent San Francisco Home Sales Were Underwater
By Tyler Durden Nearly 20% of homes sold in San Francisco during the three months ending Feb. 29 sold at a loss. What’s more, the…
Real Estate
The Tower Of Sauron Can’t Pay Its Debt: Brooklyn’s Tallest Building Is In Foreclosure
While everyone says that the looming commercial real estate crash is nothing to worry about since, well, everyone’s been worrying about it for so long…
State Farm Insurance Drops 72,000 California Properties
By Tyler Durden State Farm will not renew approximately 72,000 property and commercial apartment policies, of which approximately 30,000 will be for ‘homeowner, rental, rental,…
The Wall Street Takeover: How Corporate Landlords Are Reshaping America’s Housing Market
By Study Finds In the wake of the Great Recession, a new breed of landlords has emerged: corporate investors. These Wall Street-backed entities have been…
“It’s Enraging”: NYC Homeowner Arrested For Changing Locks After Squatters Take Over
By Tyler Durden A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs…
Squatters Are Taking Over Homes All Over The Nation On An Industrial Scale And Turning Them Into Dens Of Crime
By Michael Snyder Squatting has always been a problem, especially in certain parts of the nation, but now it is happening on an industrial scale…
The Commercial Real Estate Crisis Of 2024 Is Going To Be A Doozy…
By Michael Snyder Over the last several years we have seen commercial real estate values plummet dramatically all over the United States. One of the…
Are Meta And Google America’s Next Big Landlords?
Authored by Sam Bourgi via CreditNews.com After conquering the digital realm, America’s Big Tech is plotting colossal real estate projects that could house thousands of…
2023 Was The Worst Year On Record For Existing Home Sales
By Tyler Durden Existing Home Sales fell 1.0% MoM in December, worse than the +0.3% expected, leaving sales down. Total Existing Home Sales in December…
Clear Biometrics Integrate with Software in Healthcare, Real Estate Sectors
By Bianca Gonzalez Identity verification provider Clear has announced that its biometric identity verification will be used in the Landing flexible apartment membership platform, as…
California Landlords Struggle To Make Ends Meet After Eviction Moratorium Ends
By Rudy Blalock After years of missed rental payments, one Oakland property owner was left on her own to recover her losses, despite desperately seeking…
Here’s What You Need To Earn To Own A Home In 50 American Cities
By Tyler Durden Once a fundamental part of the American dream, the ability to own a home is drifting further and further away for many…
Something Popped: Google Searches For “Sell My Airbnb” Surge As Travel Downturn Worsens
By Tyler Durden We told readers in late July, “Why AirBnB Owners Are About To Be Forced Property Sellers.” Then, one month later, in late August, we…
When Shelter Becomes a Speculative Asset, Society Unravels
By Charles Hugh Smith Does anyone really believe that the renunciation of massive, sustained stimulus of speculation in housing would leave housing valuations unchanged because…