News

CHARACTERISTICS OF GREAT REAL ESTATE INVESTORS

Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study

A report suggested that real estate investors are scooping up affordable properties and turning them into short-term rentals or keeping them vacant. This drives up prices in the housing market.
US President Joe Biden

Biden Administration Will Award $250M for the Development of Affordable Housing Units, Community Facilities

The program is expected to result in 26,400 affordable housing units across the United States. The Biden administration will award $250 million to developers to create nearly 30,000 units of affordable housing across the country.
2571 Wallingford Dr, Beverly Hills, CA 90210

Jennifer Lopez and Ben Affleck’s $68 Million Mansion Still Up for Sale 100 Days After Initial Listing

The couple purchased their marital mansion in May 2023 for $60.8 million. The pair listed it for sale at the start of their divorce.