Why another home-price jolt is coming

Why another home-price jolt is coming

The U.S. housing market's storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both resilient
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Tesla Teardown Reveals Tech Prowess, Production Shortcomings

Tesla Inc. Chief Executive Officer Elon Musk has said his company was building advantages in the ability to make electric cars cheaply and efficiently. Those claims keep looking more questionable. The latest knock against Tesla's production credentials comes from Munro & Associates, a small
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Lindsay Lohan's Childhood Home Lost to Foreclosure After Mom Dina Defaults on Mortgage

The order comes as a result of Dina reportedly defaulting on her mortgage and failing to respond to the foreclosure lawsuit. As of December 2017, she owed $1,492,784 on the property, which was due for payment in October 2017. Lindsay once gave her mother $40,000 to help her save the property,
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Republicans want answers from Pruitt as ethics woes mount

WASHINGTON (AP) — Republican senators want President Donald Trump's embattled environmental chief to address questions about ethics and spending decisions, but so far are stopping short of calling for him to step down. Scott Pruitt's answers at House hearings Thursday could prove crucial in
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Current Mortgage Rates Rise After 10-Year Yield Hits 3.0%

The yield on the 10-year Treasury note popped above the key psychological threshold of 3.0% yesterday for the first time since 2014. That pushed mortgage rates up a little to levels that are continuing to be held today. Rates seem poised to continue rising over the coming weeks and months so our
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Buyer Demand for Green Homes Trends Up

“REALTORS® are leaders in the conversation about real estate sustainability, energy conservation and resource efficiency, and will continue to promote environmentally-conscious strategies and best practices that benefit not just our clients, but also our communities.” NAR's Sustainability Report
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Supreme Court Hears Arguments in Challenge to Trump's Travel Ban

The U.S. Supreme Court heard oral arguments on Wednesday in Trump v. Hawaii, the challenge to the third iteration of President Donald Trump's travel ban. The justices lobbed tough questions at both Solicitor General Noel Francisco (arguing for the government) and former acting solicitor general
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Paul Hastings Guides Sino-Ocean In $95M Chicago Hotel Buy

Sino-Ocean Group, one of the largest real estate companies in China, teamed up with Hong Kong private equity firm Gaw Capital Partners and asset manager Huarong International Financial Holdings Co. Ltd. in buying from an unnamed seller the historic 40-room hotel that also features bars and
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Homes in Formerly Redlined Areas Trailing in Value

Homes in Formerly Redlined Areas Trailing in Value. The typical home in an area given a “hazardous” rating in the 1930s is worth 85 percent of the median value of surrounding homes today. – The effects of redlining are still visible in today's housing market. The median value of a home in a formerly
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Chinese developers to invest in Nigeria mass housing scheme

The summit themed, “Attracting Foreign and Local investors, for Housing Construction and Acceptable Business Models for Infrastructure Development and Equity Plan Scheme for Mortgage Financing in Nigeria”, also witnessed the unveiling of a 3,000 housing units in four locations in the FCT.
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House prices in Sydney drop 2.6 per cent over March quarter: Domain Group data

Sydney house prices have taken their biggest hit since 2015, recording a 2.6 per cent drop in prices over the March quarter. The median house price in Sydney is now $1,150,357, which is $30,000 cheaper than in December, according to Domain Group's March Quarter 2018 House Price Report. House
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Drop in investor activity hits Sydney house prices

House prices in Melbourne rose 8.8 per cent in the past year while Sydney prices fell, according to the Domain House Price Report. In its first quarter update, Domain reports the median price for a detached house in Melbourne at the end of March was $914,518, up from $840,903 a year ago. Sydney's
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Menlo fire district real estate purchases reduce revenue for local agencies

In less than a year, the Menlo Park Fire Protection District has spent more than $19 million on real estate. Combined with other district property purchases made since 2006, the spending adds up to $28.6 million. All the purchases were made in cash, with money taken out of the district's reserves, which
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FTC charges Lending Club with deceiving consumers, stock plunges

FTC charges Lending Club with deceiving consumers, stock plunges. 44 Mins Ago. CNBC's Dominic Chu reports that Lending Club stock plunging on charges from the FTC on deceiving consumers about loan term agreements. Watch CNBC Live TV
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LendingClub Accused by US of Deception on Hidden Loan Fees

LendingClub Corp. was sued by U.S. officials for allegedly deceiving consumers over hidden fees and charging borrowers even when they paid off their loans. The Federal Trade Commission said in a complaint that LendingClub deducted hidden fees from loan proceeds issued to borrowers.
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United Kingdom Plans $1.3 Billion Artificial Intelligence Push

Get Data Sheet, Fortune's technology newsletter. Regarding China and its desire to become the world's leader in AI technologies by 2030, Philipson said that “China is making a big play and investing considerable amounts of money.” “I'm not sure we're looking to compete with China on that scale,” he
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'Wheel of Fortune' features 2 Omaha women this week

It's hard to believe, but two additional Omaha women appeared on “Wheel of Fortune” this week. Officials with the game show said Libby Sweeney, who participated Tuesday, and Jenyl Hankenson, who participated Wednesday, are both from the metro. Advertisement. Be sure to watch on KETV Channel
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Australia: Company Title Conversion

Under company title arrangements, a company owns the building. The ownership of particular shares in the company entitles a shareholder to exclusive use and occupation of a particular apartment within the building and use of common areas. Regular levies are usually payable by shareholders and
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ARMCO Wins HousingWire HW Tech100 Award for Fourth Consecutive Year

POMPANO BEACH, Fla., Apr 24, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, announced that it has won HousingWire's fifth annual HW Tech100(TM) award, which recognizes the 100 most
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ERA Real Estate Announces The Affiliation Of Knipe Realty

MADISON, N.J., April 25, 2018 /PRNewswire/ — ERA Real Estate, a global franchising leader, today announced that Knipe Realty, a market leader in the Pacific Northwest, with 4 offices across Oregon and Washington, has joined ERA Real Estate. Established in 2007, the firm will now be known as
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