The Next Housing Crisis: A Historic Shortage of New Homes

The Next Housing Crisis: A Historic Shortage of New Homes

When the buyers who outbid Ms. Black on one home rescinded their offer because of concerns about an inspection report, she pounced. She closed on the property, a 1,500-square-foot home for which she agreed to pay about $7,000 over the asking price of $163,000. “This market is just insane.
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#2020Vision: Banking bill shows left's divides; Warren and Sanders prep joint event; staffing up the …

“The American people aren't going to stand by while big banks and giant corporations run this economy and this Congress for their own benefit,” she tweeted. “Soon — maybe not today, or next week, or even in the next election — but soon, they will demand a government that works for the people.”.
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KCB cuts branch opening hours in digital banking push

KCB cuts branch opening hours in digital banking push … The bank, which has 42 branches in Nairobi, on Friday said that seven of its outlets will from April 3 be operating between 8:30am to 4pm Monday to Friday and from 8:30am to 12pm on Saturday and remain closed Sundays and on public
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RSA for mortgage: Workers await PenCom's guidelines

Four years after the Pension Reform Act was amended, workers have been unable to use part of the savings in their Retirement Savings Accounts for mortgage loans. Findings by our correspondent revealed that the guidelines for the withdrawal of 25 per cent of the RSA balance by any contributor
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Australian properties for sale for less than $150k

THE BARGAIN price tag of $150,000 wouldn't get you much real estate in most Australian cities. However, if you look a little further afield (OK, a lot further afield) there are some weird and wonderful properties out there for less than the price of a Sydney car space. For the kind of cash some city slickers
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Kushner's real estate company reportedly falsified records to harass tenants, earn huge profits

(Mary Altaffer | The Associated Press) In this Thursday, March 15, 2018 photo, Mary Ann Siwek sits in her apartment in the East Village neighborhood of Manhattan. Jared Kushner's family real estate company routinely filed false documents with New York City claiming it had no rent-regulated tenants in
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Kilmarnock's turn in fortune is down to a minor miracle of man-management by Steve Clarke and …

No smash and grab, no sucker punch, no Dick Turpin masks for the bus ride home. Rangers 0 Kilmarnock 1 – Kris Boyd bags winner as Gers suffer record-equalling Ibrox defeat. Clarke applauds the Killie supporters at full time. Willie Vass. 4. Clarke applauds the Killie supporters at full time. In short
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Signs of Revival Turn Lender Bullish on India's Villages

The recovery in India's rural economy is likely to curb bad loans and boost profit at financial companies that specialize in credit to the country's villages, according to one of the biggest such lenders. Mahindra & Mahindra Financial Services Ltd., which offers loans for equipment and vehicles in 330,000 of
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Alexander Hernandez explains how old mortgage career helped his stunning UFC debut

Alexander Hernandez knew it was only a matter of time before he got into the UFC. He also knew he'd probably have to do things the hard way — a random phone call leading to a short-notice fight against any manner of opponent or weight class, ranked foe or total unknown, lightweight or something
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Chill out: San Fran's only got “elevated risk of bubble activity”

Housing prices have been riding sky-high for six years, but a recent downward trend has some wondering whether it's the beginning of the end for San Francisco's strong resi market. Median sales prices topped out after the fourth quarter of 2017 with single-family homes going for $1.5 million on
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Under-fire Shah asks judge to stop seizure of property

Shah's company, Al Shams Global, acquired a stake in Interfin through a loan it had advanced to the bank Shah's company Al Shams Global then seized Tande's Equity Properties' title deeds and Bankers Acceptances unlawfully from Interfin, it is alleged, during the time the bank's assets were being
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Property-owning general public are winning from real estate competition

Despite the caricature of real estate professionals as “chancers” earning excessive and easy money, in truth, it is a highly competitive, professional and hard-working sector. In any part of any city, there are always multiple firms competing for vendors' business. And since firms have to demonstrate local
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Trump Calls for Death Penalty for Drug Dealers to Combat Opioids

President Donald Trump called for drug dealers to receive the death penalty in some cases as part of his administration's effort to address the opioid crisis. The Department of Justice “will seek the death penalty against drug traffickers, where appropriate under current law,'' the White House said in a fact
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Saudi Fund Said to Take $400 Million Stake in Emanuel's Endeavor

Saudi Arabia's sovereign wealth fund is taking a $400 million stake in Endeavor, one of Hollywood's biggest talent and event managers, as part of Crown Prince Mohamed bin Salman's grand plan to diversify the kingdom's oil-based economy, according to people with knowledge of the deal.
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Economists Split on Singapore Central Bank Tightening: Survey

Economists are split on whether the Monetary Authority of Singapore will change its policy stance in April amid subdued inflation pressure. Four of seven economists see the central bank shifting to a tightening stance next month, according to a Bloomberg survey conducted March 13-16. The MAS
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BlueCrest Capital Management Ltd Buys Shares of 34912 Expeditors International of Washington …

Expeditors International of Washington logo BlueCrest Capital Management Ltd acquired a new position in Expeditors International of Washington (NASDAQ:EXPD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,912
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Short Interest in IMPAC Mortgage Holdings, Inc (NYSEAMERICAN:IMH) Decreases By 0.9%

IMPAC Mortgage logo IMPAC Mortgage Holdings, Inc (NYSEAMERICAN:IMH) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 739,791 shares, a decrease of 0.9% from the February 15th total of 746,705 shares. Based on an average
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Singdollar bond market gets a booster

The market, which has been hit by interest rate volatility, continues to be choppy but strong issuers such as the Land Transport Authority (LTA) will be well-received, said Mr Clifford Lee, DBS Bank head of fixed income. Last Monday, the LTA sold a bumper $1.2 billion worth of bonds, bringing the
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Indonesian banks will see more than 12% loan growth in 2018: regulator

Wimboh Santoso, head of Indonesia's Financial Services Authority (OJK), said that he was confident that the sluggish bank lending that has hobbled South-east Asia's biggest economy was coming to an end. Loan growth in Indonesia has fallen below 10 per cent since the start of 2016, compared with
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Croatian company eyes serving rural banks and the country's unbanked

AZAGREB, Croatia-based cloud-based banking software company on March 15 said they see a huge potential for their product specifically in the country's rural-banking industry. “The Philippines is a big market and we are looking at markets with big populations. On the flipside, it also has one of the
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