Author: eypsn
ReutersJoe Biden tells U.S. reporters he’s increasingly optimistic a ceasefire will be reached soonJoe Biden said he was “optimistic” that a ceasefire in Gaza could be reached.”We are closer than ever”, the US president said after the latest round of talks, adding that he would send his secretary of state to Israel to continue his “tremendous efforts to reach this agreement.”Amid concerns that Iran could launch an attack on Israel over the assassination of Hamas leader Ismail Haniyeh in Tehran, Biden said “no one in the region should take action to undermine this process”.Hamas has expressed doubts about the possibility…
Moving from Las Vegas to San Diego in 2025, Inman Connect will be bigger, better and bolder than ever. Join us for Inman Connect San Diego July 30-August. January 1, 2025 Join the brightest minds in real estate as they shape the future of the industry. Reserve your seat now to enjoy exclusive offers. Want to get up to speed on the week’s hottest stories? Here are five of the stories Inman readers found most important. Don’t miss Download, our weekly column that breaks down the week’s top stories and gives you what you need to know next Monday. After…
One-click data cable The loss of residential construction workers is a sign of the recession. Before every recession, the number of workers building single- and multi-family homes and performing remodeling jobs tends to decline as rising interest rates take a toll. Economic impact through housing. Although the unemployment rate has risen recently, jobless claims have not risen to levels that would cause a jobless recession. But one employment sector in particular could push jobless claims higher, pushing the unemployment rate to 5% or higher. Today, housing starts are at levels last seen during the brief 2020 pandemic-induced recession. home depot…
A hat worn by actor Harrison Ford in the second installment of the Raiders of the Lost Ark film series has sold at auction for nearly £500,000.A brown felt fedora made specifically for the Temple of Doom movie sold for $630,000 (£487,000) in Los Angeles on Thursday.Other movie memorabilia also on sale include props from Star Wars, Harry Potter and James Bond works.Jones is an adventurous archaeologist who wears the hat early in the film when he and his companions jump from a crashed plane on an inflatable raft.In the scene, he boards a plane with nightclub singer Wilhelmina “Willie”…
Whether refining your business model, mastering new technology, or discovering strategies to capitalize on the next market surge, Inman Connect New York It will prepare you and make you brave enough to take a step forward. The next chapter is about to begin. Be part of it. Join us and thousands of real estate leaders, January 22-24, 2025. With less than 24 hours to go before widespread implementation of the National Association of Realtors’ settlement provisions, real estate agents are nervous as they enter uncharted territory. Will sellers continue to offer commissions? If not, are homebuyers prepared to incur additional…
Although the U.S. housing market may be slowing in the second quarter of this year, investors are not letting down their guard. According to a report released on Thursday, the number of homes purchased by investors increased by 3.4% annually in the second quarter of 2024, the largest increase since the second quarter of 2022. redfin tuna. By comparison, total U.S. home purchases fell 1.9% during the same period, which Redfin attributed to rising mortgage rates and home prices. While investors remain sensitive to changes in mortgage rates, they are less sensitive than consumer buyers as 69% of investors pay…
British Broadcasting CorporationVice President Kamala Harris is riding high on a wave of favorable polls and energetic rallies in the days leading up to the Democratic National Convention. But good vibes aside, where does the Democratic presidential candidate stand on key issues? Although she has yet to release a full platform, her experience as a California senator and prosecutor, her 2020 presidential campaign and her tenure in the White House as vice president hint at where Ms. Harris will stand on a number of policies. Some of her stances have changed over the years, and some say she has struggled…
Whether refining your business model, mastering new technology, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps. The next chapter is about to begin. Be part of it. Join us and thousands of real estate leaders January 22-24, 2025. As all eyes turn to implementation of the terms of the National Association of Realtors settlement, agents and coaches are debating how to define the services they provide and communicate their value. Taking on the role of an expert – and expressing expertise through effective branding and marketing -…
As discussed in previous reverse mortgage rate updates, the federally insured Home Equity Conversion Mortgage (HECM) is the primary reverse mortgage in the United States. As a result, HECM has become synonymous with reverse mortgages. But did you know that almost all HECMs today are floating rate loans? This is in sharp contrast to the traditional forward mortgage business, which is dominated by fixed-rate products. Consider that 99.81% of HECMs originating in June 2024 are adjustable rate mortgages (ARMs). To put it in perspective, there are currently more monthly reports of Bigfoot sightings in the United States than flat-rate HECM.…
A Missouri woman has been charged with trying to defraud Elvis Presley’s family out of millions of dollars and steal the family’s ownership interest in Graceland, the American singing legend’s former home. Lisa Jeanine Findley, who used various aliases, was arrested for allegedly orchestrating the fraudulent sale of a Graceland home in Memphis, Tennessee. Ms. Findley, 53, is charged with federal mail fraud and aggravated identity theft and is expected to appear in court on Friday. If convicted, she could face up to 20 years in prison.The Presley family has not commented publicly on the allegations. The U.S. Department of…