Senators, Regulator Call for More Scrutiny of “We Buy Ugly Houses” Company
The Consumer Financial Protection Bureau said the #DOJ and state attorneys general should be made aware of predatory house-flipping practices, following ProPublica reporting on HomeVestors of America.
"Experts say Canadians bracing for higher payments when they renew their mortgages in 2025 and beyond should start planning now in order to best manage the increase."
There’s a new townhome community going in near us. I looked at the floor plans. One would be a great fit for us and our needs. It starts at $1M. Hubs and I imagined, planned, then laughed at how fucked millennials are if we want to own actual property. #Economy#money#milennials#realestate#costofliving
Housing Market Update: It’s Hot And It’s Cold; Limited Listings Lead to Few But Fast Home Sales
“This spring’s housing market is hot but cold, with scant listings making it less active than usual but fast and competitive at the same time. The good news is that buyers are out there, trying to find a seat in a game of musical chairs. The bad news is there aren’t enough chairs.”
The Shadowy Financial Empire Built Around Liberty HealthShare Is Showing Signs of Strain
Beers family members built a “conglomerate” — including an airline, a bank in the #Ozarks, carpet stores, a #marijuana farm, and more than $20M in #RealEstate — by selling a #Christian alternative to traditional #health#insurance.
They’re now scrambling for cash, even though they received millions in #PPP loans that were later forgiven.
A ProPublica investigation — based on court documents, #property records, company training materials and interviews with 48 former franchise owners and dozens of #homeowners — found HomeVestors franchisees that used #deception and targeted the #elderly, infirm and those so close to #poverty that they feared homelessness would be a consequence of selling.
Possible news tip:
Stumbled across this. It's a list of all the properties owned by the Province of #Ontario that are either up for sale, or recently sold. A big concentration are in #Toronto-Mississauga. Most are not listed on the open market.
It includes one listing considered for 41 acres of ravines and parks in the Spadina corridor lands (second link below) -- and also includes the building for the Toronto Archives.
Given there is parkland on the list and land operated by the City there may be a story here for #TorontoStar or other publications to follow-up on.
Stumbled across this. It's a list of all the properties owned by the Province of #Ontario that are either up for sale, or recently sold. A big concentration in #Toronto-Mississauga.
It includes 41 acres of ravines and parks in the Spadina corridor lands (second link below) https://apps.infrastructureontario.ca/propertiesforsale/Home.aspx