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In 2007, Michael Burry — the then-head of Scion Capital — did something unthinkable: he shorted the real estate market. As the housing market inevitably collapsed, Burry and a handful of other savvy investors…
A woman was killed after crashing her Tesla into a power pole and parked car in Rolling Hills, on August 30, 2022.
Emergency services responded to the 27000 block of Sunnyridge Road at around 11:40 am, LA County…
This has been a wild year for our economy. Rapidly rising interest rates, sky-high inflation, and stock market volatility have investors on edge. Until recently, the real estate market has remained somewhat unaffected,…
Let's get the bad news out of the way first: Most economists think we're headed for a pretty rough period for the economy. Between continuing supply chain problems (both from the pandemic…
Signature Bank's Joseph DePaolo (Getty)
Major multifamily lender Signature Bank reported record earnings in the second quarter, but said it will roll back in its commercial real estate lending in the coming months. The primary culprits:…
Article by Xavier PRETERIT
Each country in this world has had its real estate crisis, depending on the market situation. For example, in the United States, there was a real estate crash in the 2000s, and the prices started to fall in…
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Each country in this world has had its real estate crisis, depending on the market situation. For example, in the United States, there was a real estate…
Good morning Toledo. I'm here in your inbox as usual to tell you everything you need to know about what's going on in town.First, today's weather: A severe morning thunderstorm. High: 94 Low: 72.Shoutout to our premier local sponsor: Jane…
Aside from the Great Recession, the last major housing crash was in the 1930s and 1940s during World War II. Crashes are far less common than many think, but the recent scar of the Great Recession has left many worried that…