News items about home prices, mostly in Arizona
Former President Donald Trump is reportedly considering declaring a national housing emergency if he wins a second term, responding to soaring home prices and a tight housing market that has put homeownership out of reach for many Americans. During a recent roundtable event in Florida, Trump emphasized the growing affordability crisis, noting the strain that…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he returns to the White House, citing growing concerns over affordability and supply shortages across the U.S. Housing experts say such a declaration could give the president more authority to direct federal funding toward homebuilding efforts, increase incentives for private developers, and…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he is re-elected in 2024, a move that could allow the federal government to take more aggressive action to address housing affordability. Though it’s unclear what such a declaration would entail legally, Trump campaign advisors have floated ideas like using federal land…
Former President Donald Trump is reportedly weighing the potential declaration of a national housing emergency if re-elected in 2024, aiming to address the rising cost of homeownership and rental prices across the country. His campaign suggests he may utilize federal authority to boost housing construction and remove what it calls “unnecessary” zoning laws to increase…
Former President Donald Trump is reportedly considering declaring a national housing emergency if re-elected, amid growing concerns about housing affordability across the U.S. The move could potentially allow a future Trump administration to redirect federal resources, limit the influence of large institutional investors in the housing market, and boost housing development. Housing advocates and political…
Portillo’s, a popular fast-casual restaurant chain known for its Chicago-style hot dogs and Italian beef, has seen its stock dip nearly 40% from its 52-week high. Despite the decline, insiders appear bullish on the company’s future, with recent insider buying activity suggesting confidence in a rebound. Executives, including the CEO, have purchased shares on the…
Homebuyers are finally catching a break in certain parts of the U.S., as housing affordability improves in six metro areas where wages are rising and home prices are stabilizing or even falling. According to a recent report from real estate brokerage Redfin, these cities — including Phoenix, Austin, and Las Vegas — are seeing a…
Homebuyers in several U.S. cities are seeing a boost in purchasing power, thanks to recent declines in mortgage rates and home prices stabilizing in some markets. According to new data, cities such as Phoenix, Las Vegas, and Austin are experiencing conditions where price drops and wage growth have made homes slightly more affordable. For example,…
A California real estate developer has been sentenced to six years in federal prison after admitting to bribing a Los Angeles County official with cash, concert tickets, and other benefits in exchange for help securing approval for a major residential project. The developer, David Lee, pleaded guilty to participating in a pay-to-play scheme involving former…
A former professional poker player, Cory Zeidman, has been sentenced to more than eight years in prison for running a fraudulent sports betting scheme that scammed victims out of more than $25 million. Zeidman and his associates operated a national marketing campaign between 2004 and 2020, luring people into paying for supposedly “inside information” on…