Number of multigenerational households hit all-time high

Number of multigenerational households hit all-time high

… about 51.5 million Americans, or 17% of the population lived in multigen households, which rose to 60.6 million, or 19% of the population in 2014. HousingWire takes a deep dive into multigenerational living in the February magazine, explaining what the growing trend means for the housing industry.
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Pervy Jared Fogle Is Seeking $57 Million After Claiming Federal Officials Stole His Subway Fortune

According to FOX 59, Jared is asking for the large financial sum because he says federal officials stole his Subway fortune from him during his trial. In the suit, which was filed in March, Jared alleged that the warrant the FBI used to search his home didn't exist. He also claimed that he received poor
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HDFC hikes lending rate by up to 0.2%

A company spokesperson said the rate hike is progressive, between 0.05% to 0.20%, with the lowest hike applicable to the low-ticket size loan. A loan for under Rs 30 lakh by a woman borrower, which is the lowest rate offered by the lender, will now be available at 8.40%, the spokesperson said, adding
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Pensco Launches API-Driven Solution “Custodian Connect” For Marketplace Lending & Investment …

Pensco, an alternative asset custodian for self-directed IRA investors, announced on Monday it has launched Custodian Connect, an API-driven capability that seamlessly connects investment platforms to Pensco enabling uninterrupted opening and funding of an IRA from within the platform. According
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How to “hack” your way to mortgage-free housing

For the vast majority of home buyers, the reality of taking out a mortgage and making monthly payments can be intimidating—particularly for first-timers. Very few people have the luxury of buying a house without first having to qualify for a mortgage. In a 2018 survey conducted by the National Association
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£10 gin from Aldi named one of best in the world

Of the store's winning spirits, Julie Ashfield, joint managing director of corporate buying at Aldi, said: “Both firm customer favourites, we're particularly thrilled that our own-label Oliver Cromwell London Dry Gin, and Topaz Premium Gin have been successful at yet another international competition.
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TDEC commissioner joins real estate firm

Knoxville-based real estate development firm LHP Capital is opening a Nashville office, an announcement coupled with their hiring of recently departed Tennessee Department of Environment & Conservation Commissioner Robert Martineau as president of a division. Martineau, whose departure from
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Dear Monty: Tips for testing real estate agents

Reader Question: I envision the real estate service is delivered differently than a physical product. I can touch a product, examine it, use it according to instructions to “test” if it works. Outside of the legal documents, much of the real estate service is oral. I cannot “test” it in a traditional sense. Can you
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Sunwest Bank Hires New Head of Retail & Business Banking

IRVINE, Calif., April 9, 2018 /PRNewswire/ — Sunwest Bank is pleased to welcome Ben Alvarado as executive vice president and Head of Retail & Business Banking. In this role, he will lead the retail network along with Sunwest's commercial deposit team and work to create synergy between the groups.
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Bank of Uganda keeps lending rate at 9%

Bank of Uganda also conceded that it will take time for interest rates to come down even when it dropped its central bank rate to record lows. Bank of Uganda has conceded that it will take time for interest rates to come down even when it dropped its central bank rate to record lows. This was revealed
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Anthony Gucciardo opening new real estate office in Latham

Anthony Gucciardo won't have to spend as much money on billboards advertising his real estate business once he opens a new office on one of the busiest roads in the Albany, New York region. Gucciardo is converting a one-story, single-family home at 1074 Troy-Schenectady Road in Latham into the
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Blackstone Hires Soho China's Yan Yan as MD with Asia Real Estate Team

Blackstone today announced that veteran Chinese real estate executive Yan Yan has joined the alternative investment giant as a managing director with its Asia real estate team. “Yan Yan is an industry leader with an outstanding track record and tremendous knowledge of real estate markets across the
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Equity Hedge Funds Must 'Put Up or Shut Up' With Market Volatility

But now that volatility is back and fiercer than it's been in years, hedge funds can no longer blame calm markets for their woes. A raft of issues — rising interest rates, potential trade wars, a possible Facebook crackdown — will likely keep stock prices moving more freely, giving managers ample opportunity
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Q1 Foreclosure Auction Activity Up in NYC

New York City saw 920 homes were scheduled for auction for the first time during the first quarter of this year, a 31 percent year-over-year increase, according to new data from PropertyShark. Among the city's five borough, Brooklyn saw the greatest spike in foreclosure auctions with 275 homes in the
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Investment trends of SA's super-rich

Cape Town – Although real estate was the largest asset class for high net-worth individuals (HNWIs) in South Africa at the end of 2017, they have decreased their real estate allocation over the past ten years. There was also a movement of funds offshore by local HNWIs over the past ten years. At the end
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HGTV's Scott McGillivray brings proven real estate investing strategies to Vancouver

A majority of the population live within their comfort zone; that space where your activities and behaviour fit a routine and pattern that minimize stress and risk. Successful people, however, take risks – calculated risks, but risks nevertheless. Real estate investing is a proven wealth-building strategy that
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Connecticut Home Sales Weak In February But Prices Jump

“Add in the fact that traction in the housing markets in tied to traction in the labor markets and you can see that the small sample we have the first two months is probably overstating strength in the Connecticut housing market.” …the small sample we have the first two months is probably overstating
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Mortgage Credit Tightens in March

Mortgage borrowers had a harder time gaining access to credit in March, according to a new report from the Mortgage Bankers Association (MBA). The Mortgage Credit Availability Index (MCAI) declined to 177.9 in March, down 1.5% from February, according to the MBA report. A decline in the index
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Trump Advised to Stay Away From Fund for Staff in Russia Probe

U.S. President Donald Trump walks on the South Lawn of the White House before boarding Marine One on March 29, 2018. Photographer: Andrew Harrer/Bloomberg. President Donald Trump has been advised not to contribute to a fund set up to help former campaign aides and White House staffers
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“I'm starting my banking career in Hong Kong. I found London far too boozy”

I interned at a top US bank in Hong Kong last summer and I was lucky enough to secure a return job offer. The bank asked me whether I wanted to start out in Hong Kong or London. I didn't hesitate to go for Hong Kong. I had some experience of working and living in London. I did a spring week at
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