A Real Estate Apocalypse Has Begun

(New York). There have been growing fears over the real estate market for the last couple of years, and now one corner of the market is in the middle of a growing apocalypse. Retail real estate is currently on trend to have by far the worst year in memory. Already in 2018, 77 million square feet of retail
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Facebook CEO Mark Zuckerberg's testimony before Congress last week highlighted the burgeoning importance of digital privacy in the minds of legislators and the American public. It may also mark the beginning of a long-overdue privacy awakening in our country. Now is the right time for the U.S.
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The most frequent advice the government heard in public consultations before North American Free Trade Agreement talks opened in August was to eliminate Chapter 11, the part of the pact that deals with investor-state dispute settlement, according to documents obtained by Bloomberg News through a
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SANTA CLARA, Calif.–(BUSINESS WIRE)–Tavant, a leading innovative mortgage platform provider, announced today that its FinConnect mortgage data integration platform processed one million unique digital mortgage transactions in the last year enabling loan origination volumes of over $75B.
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Investors Real Estate Trust (NYSE:IRET) was up +1.32% ($0.07) to $5.37 and showed a volume of 0.34 mln shares. It has ranged in price between $5.32-$5.41 after having started the session at $5.32 as compared to the previous trading day's close of $5.3. The GAP was therefore 0.38%. Over the
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In fact, 80% of borrowers who obtain one additional rate quote while shopping for a mortgage will save between $966 and $2,086 over the life of the loan. And that savings increases to $2,914 if the borrower receives five rate quotes. About 80% of borrowers who obtain five quotes will save between
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(Reuters) – Britain's Arbuthnot Banking Group said on Tuesday Ian Henderson would step down as chief executive of its main banking unit, Arbuthnot Latham & Co Ltd, due to personal reasons. Henderson would remain with Arbuthnot Banking's board until the end of August and would assist
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According to the companies, former owner/county manager Kevin Ferguson will become an executive vice president with Inland Professional Title and continue to manage the operation, which will soon change its name to WFG National Title Company of Eastern WA. “We are delighted and honored to
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Republicans have long criticized the CFPB's auto lending rules — including in a 54-page 2015 report — on the grounds that it subjected auto financing companies to discrimination lawsuits on the basis of disparate impact, rather than on direct evidence of discrimination. And because lenders don't
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This trend has not gone unnoticed, said Mike McCann, a real estate professional with Berkshire Hathaway HomeServices Fox & Roach in Philadelphia. He told Philly.com that he's seen a growing number of parents getting involved with their children on their first home purchase. Generally, parents
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U.S. regulators advanced a prohibition on using federal subsidies to buy networking gear from manufacturers such as Huawei Technologies Co. and ZTE Corp. that are deemed a security risk, marking a second straight day of U.S. government action against Chinese equipment makers. The Federal
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President Donald Trump's accusations that China and Russia are gaming their currencies were a “warning shot” about the consequences about devaluation, rather than part of a wish to achieve a weaker dollar, U.S. Treasury Secretary Steven Mnuchin said. “China has devalued their currency in the past
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Calling Atlanta home just doesn't show signs of getting cheaper anytime soon. That's certainly not unexpected amidst a surging regional economy, but recent statistics have been jolting. HotPad's inaugural report on Atlanta rental trends, for instance, showed city rents are growing three times faster than
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Lloyds Banking Group is taking the axe to its UK branch network again by announcing 49 further closures, with 305 staff losing their jobs. The lender has … Like its major competitors, which have all cut branch numbers in recent years, Lloyds cited growth in digital banking for the closures. The company
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… carrying 148 people en route to Dallas from New York made an emergency landing in Philadelphia after an engine blew out, shattering a window, Bloomberg News reports. … NTSB chairman Robert Sumwalt said at a news conference that the death was the first fatality on a U.S. airline in nine years.
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Are Bitcoin bulls getting nervous? The largest cryptocurrency declined suddenly this afternoon absent any easily identified catalysts, putting the price on a pace to finish lower for the first time in seven days. Keep in mind that the decline was only as much as 1.6 percent, the biggest intraday drop since
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Quicken Loans Chairman Dan Gilbert and Vice Chairman Bill Emerson speak at mortgage industry conference in Detroit. Gilbert says Quicken Loans is more of a “data acquisition business” than a mortgage company. Young consumers won't change how they make purchases with smart phones,
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New research shows that flippers contributed to the housing crash of the mid-2000s more than economists initially realized. Because some of the same practices from the boom are making a comeback, some market watchers are concerned that the real estate market might once again be nearing a
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Above all else, Netflix weaved a story to investors of an international business that is poised to be larger than its U.S. operations in the not-too-distant future. Now that the company is profitably running its international operations, with juicy margins to boot, Wall Street will take these comments and
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Providing the venues for these high-profile international events helps to give Cardiff the kind of publicity that other UK locations can only dream of. The city already welcomes 20 million visitors annually, who spend some £1 billion. Cardiff's sporting venues also provide a range of spaces for meetings,
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