Vietnamese property multi-millionaire sentenced to death in country’s supreme-ever corruption case
Vietnamese property multi-millionaire Truong My Lan has been sentenced to death in a corruption case so enormous its total financial damages are an identical to 6% of the country’s 2023…
What can the White House enact about excessive housing costs?
Files from the Federal Reserve shows notice indexes for homes and rents are up virtually 50% when put next with forward of the pandemic. Jeanna Smialek, Federal Reserve and U.S….
Rising tides may well rupture costly real estate
Hundreds of properties along Northern California’s dear shoreline may well very neatly be at serious threat of flooding, in step with a new record from the Union of Concerned Scientists….
First-time homebuyers priced out as “starter properties” vanish from market
As soon as ubiquitous “starter properties” have been disappearing from the U.S. market. Joseph Gyourk, a professor at the Wharton College of Industry, joins CBS News to talk concerning the…
Curiosity price “lock-ins” resulting in fewer on hand properties
Data from FactSet shows existing properties and new properties are actually promoting for the identical median tag. Ten years in the past, new dwelling costs were on moderate $60,000 extra…
Dwelling flipping nonetheless standard, however earnings decline
Recent records displays house flipping in the United States remains to be standard, however final year the note saw its lowest earnings since 2008. CBS MoneyWatch reporter Khristopher Brooks joins…
Mortgage functions plummet as hobby charges upward thrust
Daryl Fairweather, a prime economist for Redfin, joins CBS News’ Errol Barnett and Elaine Quijano to dispute what’s riding the decline in mortgage functions. She also discusses forecasts for the…