Great America to shut within 11 years as land in Santa Clara is bought

Great America to shut within 11 years as land in Santa Clara is bought

SANTA CLARA – The Great America theme park’s final rides are in view now that one of the Bay Area’s biggest real estate developers has bought the land beneath the iconic Santa Clara amusement center for $ 310 million. The beloved amusement park could shut down as soon as six years from now – and … Read more

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market

Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish. Amid the heat and the occasional rain, there’s a mad scramble to rent affordable apartments in Gotham, which has been undersupplied for many years. Real estate agents describe the mayhem when it comes to prices. … Read more

Bitcoin Fiat Reality Real Estate

Bitcoin Fiat Reality Real Estate

This is an editorial opinion by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Real estate is a fiat possession. Not only is it ridiculously expensive, but it’s also difficult to maintain. Anyone that buys property is buying themselves a job. It’s the epitome of the quote … Read more

Should the Fed start selling its mortgage holdings at a loss to fortify its inflation fight?

Should the Fed start selling its mortgage holdings at a loss to fortify its inflation fight?

Yet a big question still facing investors, lenders and anyone trying to navigate the still-hot housing market is whether the Federal Reserve will start selling its trove of mortgage holdings to fortify its inflation fight. The central bank is so far trying to counter inflation by more traditional means: raising benchmark interest rates. No doubt, … Read more

The US cities where homes are most at risk from hurricanes and other storm damage

The US cities where homes are most at risk from hurricanes and other storm damage

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according … Read more

The US housing market is teetering on recession. Will the economy soon follow?

The US housing market is teetering on recession.  Will the economy soon follow?

The last time the housing market suffered a major meltdown in 2006, it took the entire US economy with it. But history never follows the exact same script twice. The weakening housing market is undoubtedly going to hurt the economy. Single-family home construction fell to a 1 million annual pace rate in May from a … Read more

‘The savings and income needed to qualify for a home loan have skyrocketed’: 5 ways the housing market left buyers in the dust – and it’s not over yet

‘The savings and income needed to qualify for a home loan have skyrocketed’: 5 ways the housing market left buyers in the dust – and it’s not over yet

The housing market is finally catching a breath after a two-year sprint. A new report breaks down how the frenzy unfolded. The report, called the ‘State of the Nation’s Housing 2022’ by Harvard Joint Center for Housing Studies, reveals the steep rise in costs associated with owning, or renting a home, and how competition among … Read more

From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring

From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring

The Great Resignation is pivoting to a Forced Resignation. Thousands of layoffs in the tech sector, compounded by hiring freezes and a slowdown in hiring, highlight the abrupt shift in fortunes over the past several months as a result of rampant inflation, fear of stagflation and recession, supply-chain interruptions, the war in Ukraine, an ailing … Read more

Some homes in Provo, Utah, drew 50 offers at the peak of the housing boom. Economists are now warning of ‘overvalued’ property markets.

Some homes in Provo, Utah, drew 50 offers at the peak of the housing boom.  Economists are now warning of ‘overvalued’ property markets.

Moving to Utah was a no-brainer for Leola Broussard. Broussard, who previously rented a home from a friend in the pricey Stanford – Palo Alto area south of San Francisco, where housing costs, she told MarketWatch, are “just totally outrageous.” Over the two years of the pandemic, many Americans, like Broussard, have flocked to Utah, … Read more

How One Cryptocurrency’s Collapse Shows Why You Need To Invest In Real Estate

How One Cryptocurrency’s Collapse Shows Why You Need To Invest In Real Estate

Opinions expressed by Entrepreneur contributors are their own. Stablecoins play an important role in the cryptocurrency ecosystem by allowing a fiat currency such as the dollar to be transferred around the world via a blockchain. These stablecoins are either backed by a centralized third-party who claims to have the fiat, or equivalent, to back each … Read more