
Investor Home Purchases Collapse Most On Record
• https://www.zerohedge.com by Tyler DurdenResidential real estate brokerage firm Redfin released new data that revealed a record-breaking drop in homes purchased by investors in the first quarter.
ON AIR NOW
Click to Play
Residential real estate brokerage firm Redfin released new data that revealed a record-breaking drop in homes purchased by investors in the first quarter.
Senate Passes Biden-McCarthy Debt Ceiling Bill 63-36 – UPDATE: Full Vote Breakdown Including 17 GOP Sellouts
Some of New York's best known real-estate developers are unloading their least viable office buildings at deep discounts, cracking open a sales market that had all but closed in the first quarter.
US Manufacturing Surveys Signal "Renewed Deterioration Of Business Conditions" In May, Orders/Prices Plunge
We are in far more trouble than most people realize. In recent months, our rapidly growing economic problems have gotten a lot of attention, and without a doubt our economy is heading into really hard times.
1:02 / 8:12 News you need to know...June 1st...More evidence we are in a recession.
After Democrats under then-President Barack Obama rammed through a massive new regulatory regime for the banking industry following the 2008 "Great Recession," Americans were told that bank collapses were a thing of the past.
Elon Musk said home prices will crater - and it prompted a sharp rebuttal from the CEO of housing giant Redfin
The billionaire says residential real estate is the next victim of the ongoing economic downturn.
The character Mike Campbell in Ernest Hemingway's 1926 novel The Sun Also Rises was asked about his money troubles and responded with a vivid description embracing self-contradiction: "'How did you go bankrupt?' Bill asked. 'Two ways,' Mi
Four thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts.
Everyone knows that the US government is bankrupt and has been for many years.
The Case-Shiller 10-city and 20-city indexes are now down year-over-year although the national index is still positive.
Late last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
Wall Streets Best Kept SECRET is helping Blackrock to buy up the world.
Have we finally reached the end of the road? When it comes to the economy, most of us focus on short-term cycles.
Over 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in the usual place), and that is just the beginning.
If you wish to wade through 99 pages of details, here's the full text of the Allegedly Final Debt-Ceiling Deal.
Late last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
"Liberalism was never about freedom, but nurtured a profound desire to change humanity above all other aspects. This rendered it a willing ally of tyrants promising to do the dirty work of such a project." -- John Waters on Substack