Money, Wealth & Power—A Daily Look at the Financial World
In a world where real estate prices continue to soar, finding undervalued neighborhoods can be a challenge. However, some areas across the United States still offer excellent investment opportunities. This listicle highlights ten neighborhoods where real estate remains affordable, providing a blend of potential growth and unique community vibes. 1. Brooklyn, New York: Sunset Park…
Las Vegas built its legend on the promise of easy fun and affordable indulgence, but a growing number of Americans now see the trip as more hassle than escape. From rising prices to shifting travel habits, the city is colliding with a tougher economic mood and a more demanding audience. The result is a sharp…
Homeowners routinely sabotage their own property values through preventable mistakes that range from botched renovations to willful ignorance of environmental hazards, according to warnings from real estate professionals surveyed for the latest national remodeling data. With buyers growing more cautious and federal disclosure rules tightening scrutiny on everything from lead paint to flood risk, the…
The average 30-year fixed mortgage rate fell to 6.01% last week, its lowest point in more than three years, offering a rare window of relief for homebuyers who have spent months sidelined by elevated borrowing costs. The decline coincided with a U.S. Supreme Court decision that struck down most of the tariffs imposed by the…
U.S. home prices in several high-cost regions have started to decline, trapping recent buyers who purchased near the market’s peak with shrinking equity and few options to move. At the same time, a new study finds nearly half of Americans feel stuck in their current homes as elevated mortgage rates freeze the broader housing market….
Federal regulators and antitrust enforcers have spent years documenting how real estate agents mislead buyers and sellers, from disguised referral kickbacks to inflated property claims. The Consumer Financial Protection Bureau, the Department of Justice, and the Federal Trade Commission have each flagged specific deceptive practices that cost consumers thousands of dollars per transaction. With commission…
The investor group led by developer Michael Shvo has agreed to sell the Transamerica Pyramid, San Francisco’s most recognizable skyscraper, to a Cyprus-based entity backed by German pension fund Bayerische Versorgungskammer, according to Bloomberg reporting on February 24, 2026. The deal caps a rapid investment cycle in which Shvo’s group acquired the 48-story tower and…
A group of at least 17 Senate Democrats introduced the American Homeownership Act on February 24, 2026, targeting private equity firms and hedge funds that have been buying up single-family homes across the country. The legislation, led by Sen. Elizabeth Warren (D-Mass.) and Sen. Jeff Merkley, would strip tax breaks from large institutional landlords and…
Federal prosecutors and state regulators across the country have taken enforcement action against faith-based health plans that collected millions in member contributions while leaving families responsible for nearly all of their own medical bills. A co-founder of Medical Cost Sharing, a Christian health care sharing ministry based in St. Joseph, Missouri, pleaded guilty to an…
Los Angeles’s voter-approved transfer tax on high-value property sales, formally called the United to House L.A. Real Property Transfer Tax, has triggered steep declines in building permits, land transactions, and multifamily housing production across the city. A growing body of academic research from UCLA, UC Irvine, UC San Diego, and Harvard now links the levy…