-
Florida real estate firm accused of ‘equity theft’ by St. Louis homeowners
ST. LOUIS — Dianne Allen had been ignoring the calls from a number she didn’t recognize. But after so many, she finally relented. The woman on the other end asked if she was the owner of 8441 Midwood Avenue in Berkeley. “What’s this concerning?” Allen asked. “You could be eligible for up to $2,000 in upfront cash if you agree to use our real estate service,” the woman said. Allen needed some money to catch up on her truck payments. And before the end of that day in August, a notary was at her house, thumbing through papers for her to sign. They gave her a check for $500. “I…
-
How homeowners can make sense of the climate finance
Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone. Brian Snyder | Reuters When Josh Hurwitz decided to put solar power on his Connecticut house, he had three big reasons: To cut his carbon footprint, to eventually store electricity in a solar-powered battery in case of blackouts, and – crucially – to save money. Now he’s on track to pay for his system in six years, then save tens of thousands of dollars in the 15 years after that, while giving himself a hedge against utility-rate inflation. It’s working so well, he’s preparing to add a Tesla-made…
-
Opinion: Homeowners should prepare for an ugly 2023, but it’s unlikely we’ll have a repeat of 2008
Editor’s Be aware: Erik Lundh is a principal economist at The Meeting Board. The opinions expressed in this commentary are his individual. Browse far more impression at CNN. A considerably-feared correction in US residence price ranges is underway. Though this may perhaps feel like déjà vu, the motorists powering the the latest spike in costs and the present-day housing current market downturn are diverse from the ones witnessed in the 2000s. This time all over, the US economic process is far better geared up, and a nationwide crisis is considerably less most likely. Courtesy Evercore It is legitimate that US owners should put together for an unattractive 2023. Immediately after…
World News Today
