Foreclosures Hit 7-Year High as Pandemic Relief Ends—Here’s Where Default Discounts Are Easiest To Get

Driven up by the ongoing affordability crisis, the national foreclosure rate reached its highest level in nearly seven years, with a handful of smaller markets, concentrated mostly in the South and Midwest, now claiming the greatest share of default listings in the U.S.  Although losing a home to fo

The $1,000 Inheritance at Birth—Inside Trump’s New Bet on Generational Wealth

President Donald Trump rang the opening bell of the New York Stock Exchange and Nasdaq from the Oval Office on Monday, launching one of his administration’s biggest bets on the next generation. “It’s going to go up—I think the market’s going to go through the roof,” he said as he formally rolled out

Six Unlicensed Contractors Arrested in Pacific Palisades Wildfire Sting Operation

Six people have been charged with felonies after allegedly posing as licensed contractors in the Pacific Palisades wildfire disaster zone, where prosecutors say they submitted more than $1.2 million in bids for rebuilding projects, according to the Los Angeles County District Attorney's Office. A jo

Luxury Buyers Have Time To Wait—Sellers Are Turning to Auctions

As the national luxury market settles from its COVID-19 pandemic peak, more sellers are turning to auctions—offering an opening for the buyers who spent the boom getting outbid, priced out, or shut out of private deals. Platinum Luxury Auctions, a Miami-based firm specializing in multimillion-dollar