Keyword: homes
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The ‘migrant influencer’ encouraging others to invade the US and squat the homes of citizens skipped out on authorities shortly after arriving in the country and is now on the run from immigration officials, The Post can reveal. Venezuelan national Leonel Moreno crossed the southern border illegally in April 2022 at Eagle Pass, Texas, and was enrolled in the Alternatives to Detention program, which allows federal authorities to track migrants either using ankle monitors or other technology. However, Moreno didn’t follow the rules and is now listed as an “absconder” from the program, according to internal ICE documents seen by...
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Federal government spending is that hideous strength that keeps on chugging along, despite higher rates. Home prices in America’s 20 largest cities rose for the 12th straight month in January (the latest data released by S&P Global Case-Shiller today), up 0.14% MoM (less than the 0.2% exp) Source: Bloomberg That pushed the YoY price up to +6.59% (in line with the +6.60% exp). “Our National Composite rose by 6% in January, the fastest annual rate since 2022.” According to Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones Indices. “For the second consecutive month, all...
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A coastal Florida city is fast becoming a hotbed for wealthy movers attracted by its sandy coast and laid-back vibe. Located on the western edge of the panhandle, Pensacola boasts 'the world's whitest beaches' and has seen a rapid swell of multi-million dollar homes. It might not attract the same celebrity roster as Miami, which is home to the likes of Jennifer Lopez, Matt Damon and Ivanka Trump, but it's fast becoming a hotspot for wealthy sun-seekers looking for a beachside home in a state with no income tax. The number of homes sold for more than $1 million in...
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Three corporations own 19,000 homes in the metro Atlanta area. “A recent study by Georgia State University researchers found that three corporations own more than 19,000 homes in Atlanta’s five metro counties,” WSB-TV in Atlanta reports. The study found that “Invitation Homes, Premium Partners (which operates Progress Residential), and Amherst Holdings (which operates Mainstreet Renewal) own around 11 percent of all single-family homes for rent in the state.” “In smaller neighborhoods, sometimes that’s upwards of 50 percent,” GSU professor Taylor Shelton said. “Just a decade ago or so ago, none of these companies even existed.”
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The past few years have been one of the worst periods for first-time homebuyers in America's history.Record home prices, chronically low inventory, 22-year-high mortgage rates, and bidding wars with cash- and equity-flush buyers have locked many younger buyers out of the housing market.According to the National Association of Realtors (NAR), first-time homebuyers made up just 32% of all transactions last year—the fourth lowest share seen in more than 40 years.While would-be homeowners bide their time, Creditnews Research looked at America’s 50 largest metro areas to uncover housing markets that are still attractive for first-time buyers.Our ranking shows how easy it...
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A left wing local council is slapping massive parking charges on electric vehicles (EVs) in the name of protecting the environment. EV owners will also pay to park outside their homes for the first time in Westminster, Central London, with the charge being levied as part of a broader “climate change” package of imposts brought in by the Labour council. The Sun reports local residents will find their general parking discount is axed from April — in a bid to achieve net zero.
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Baby boomers now own twice as many large homes as millennials with kids, Redfin reported. Boomers don't have much financial incentive to downsize as millennials struggle to buy. Land-use, tax, and other policies need to change, and many more homes need to be built, experts say. Baby boomers whose kids don't live with them anymore are clinging to their large homes, making things worse for millennial families looking to settle down, according to a new Redfin analysis. Empty-nest boomers now own 28% of homes in the US with three or more bedrooms — double the 14% that millennials with kids...
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Alarm! New home sales dropped like Biden’s popularity in November, down -12.2% from October. While existing home sales bounced very modestly off record lows in November, it has been the ‘strength’ of new home sales – with buyer heavily subsidized by homebuilders – that has held up the housing market. Of course, investors don’t care about actual fundamentals, rates are down so ‘buy buy buy’ the builders… Source: Bloomberg Trouble is, even as mortgage rates have plunged recently, applications for home purchases has continued to decline… Source: Bloomberg And while mortgage rates have declined (rapidly), they remain massively high relative...
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Part of a six-story building crumbled to the ground in the Bronx on Monday afternoon, resulting in a scene of destruction with a pile of rubble below. The apartment complex in the Morris Heights neighborhood partially collapsed around 3.30pm. Photos of the scene showed the bare walls of several units completely exposed. A ground-level shed at the foot of the building was surrounded by a heap of sheet metal, bricks, concrete and metal rods. Rescue crews equipped with police dogs responded at the scene of the collapsed building, searching for residents who may still be trapped inside. New York City...
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In Massachusetts, where the first Thanksgiving is considered to have been celebrated, Americans are being urged by one of the nation’s leading open borders groups to “open up their homes” to border crossers and illegal aliens. While tens of thousands of border crossers and illegal aliens continue flocking to the sanctuary state of Massachusetts — which now offers driver’s licenses to those in the United States illegally — Jewish Family Services is asking residents to consider bringing new arrivals into their homes.
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Further, 17% of all owned homes are occupied by single or married seniors with two or more spare bedrooms. “The surge of spare bedrooms speaks to a mismatch in the housing market, at a time when so many feel there are too few options available,” Salviati said. Seniors aging in place are keeping a significant share of single-family homes unavailable to younger generations, according to Salviati. It’s why, in part, it’s hard for millennials to break into homeownership.
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Questions abound. Assume you can convert offices into homes, who wants to live in them? Is a tear-down cheaper?To ease the housing crisis, White House Opens $45 Billion in Federal Funds to Convert Offices Into HomesTaking aim at the nation’s housing crisis, the White House kicked off a multiagency push on Friday to help real-estate developers convert more office buildings emptied by the pandemic into affordable housing.The initiative aims to harness $35 billion in low-cost loans already available through the Transportation Department to fund housing developments near transit hubs, folding the initiative into the Biden administration’s clean-energy push.It also opens...
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Attorney John Thaler joined Brannon Howse with former Arizona State Representative Mark Finchem Friday night on Lindell TV to explain the alleged phony mortgage and real estate transaction scam used by the Sinaloa Cartel to bribe elected officials and control the state of Arizona. The Sinaloa Cartels and the treasonous Americans who work with them are destroying our country by flooding Arizona with dangerous drugs and crime. The Gateway Pundit reported that Tempe Police seized over 30 million lethal doses of fentanyl. In 2022, the DEA nationwide seized over 50.6 million deadly fentanyl-laced fake prescription pills and over 10,000 pounds...
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BREAKING: Katie Hobbs and Runbeck election services have been named as recipients of Sinaloa cartel bribes via deeds of trust and phony mortgages in AZ senate investigation. When are the criminals running this country going to be held accountable? A California-based law firm has accused Arizona Gov. Katie Hobbs, Secretary of State Adrian Fontes, Runbeck Election Services, and a slew of other election officials, mayors, judges, city councilman, and county supervisors in the state of receiving bribes from the Sinaloa cartel. During a Thursday hearing before the Senate Elections and Municipal Oversight & Elections Joint Committee, the principal investigator for...
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Immigration and Customs Enforcement (ICE) is overseeing 5.7 million migrants in the US — who could soon be provided free medical services, food and even housing by the Biden administration,
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Encampment-overrun Denver is set to break ground on the first of many micro-communities designed to house the homeless - with 1,000 taxpayer-funded homes set to open by the end of the year. The site, located on S. Santa Fe Drive, is one of 11 being propped up by the famously progressive city, which is currently in the midst of an unprecedented homelessness crisis. Worsening matters is the fact the homeless are not exactly roughing it - with tent-laden processions complete with furniture and other amenities now a common sight in the Mile High City. On Monday, the 48-year-old Democrat Mayor...
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A group of bandits broke into more than a dozen homes in ritzy NYC neighborhoods, swiping nearly 10 luxury cars in a cross-borough operation that spanned three months. The car thieves stole a Porsche, Mercedes, Range Rover and other high-end vehicles from driveways in Queens and Brooklyn from June through August, police said. They were still on the loose Sunday night. The gang typically worked in groups of four and three and targeted homes primarily in the affluent neighborhood of Whitestone but also hit houses in Bayside, Jamaica Estates, Holliswood, Manhattan Beach and Bay Ridge. They would strike in the...
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While less people are relocating than a year ago, those that are on the move are heading west — with Las Vegas topping the list of most popular homebuyer destinations, according to a new survey. High mortgage rates have made buying a home increasingly expensive, contributing to a decrease in home sales. Zillow reports that individuals with mortgage rates over 5% are almost twice as likely to say they plan on selling their home in the next three years as those paying a rate below 5%. As of August 3, the average 30-year mortgage rate was 6.90%. That's up from...
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At least two homes in Juneau, Alaska, have collapsed into a raging river after a glacial collapse triggered flooding and a state of emergency at the capital. Harrowing video capture by local resident Sam Nolan shows the Mendenhall River eating away at the shoreline until an entire two-story home plunges into the water. The TikTok video opens with the river taking out a tree near the shore, with the house barely visible behind all the trees and foliage on Saturday. The video then speeds up to show the entire greenery slowly succumbing to the flooding river until the house is...
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Massachusetts officials are now asking residents to take border crossers and illegal aliens into their homes as illegal immigration continues adding to the state’s homeless population. Gov. Maura Healey (D) is calling on residents with empty bedrooms in their homes and apartments to consider taking in border crossers and illegal aliens, WBUR reports: Massachusetts officials are seeking residents willing to host newly arrived families in need of shelter. Hosts are asked to provide a room or apartment for a few days, until longer-term accommodations can be arranged. [Emphasis added] A significant portion of the families in need of housing in...
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