(Natural News) We all know that failing to pay your taxes can have repercussions, but you may be surprised to learn that 12 states regularly seize dramatically more than what they are owed by homeowners who have fallen behind on their property tax payments in a practice that has been termed “home equity theft.” A […]

(Natural News) The worst place in the country to live right now in terms of inflation is Phoenix, where reports indicate a record number of struggling locals are lining up at food banks just to eat. The latest figures show that Phoenix is still the hardest-hit city with a 12.1 percent inflation rate. As a […]

(Natural News) The National Association of Realtors (NAR) reported on December 21 that existing-home sales fell for the 10th straight month in November as the Federal Reserve keeps raising interest rates. The report included the sales of previously owned homes, indicating a decline of 7.7 percent in November from the previous month to a seasonally adjusted […]

(Natural News) Lawyers in the Caribbean archipelagic nation of the Bahamas say FTX founder and CEO Sam Bankman-Fried and co-CEO Ryan Salame spent $256.3 million buying different properties in the country. Now, regulators want all of these properties returned to the state. The Bahamian officials went to a federal court in Delaware asking the court to […]

(Natural News) A new report shows that roughly 270,000 individuals who purchased a home during this year’s red-hot housing market are already underwater on their mortgage, meaning they owe more money than their house is worth. Mortgage software data and analytics company Black Knight revealed that of the 450,000 underwater borrowers noted during the third […]

(Natural News) Within the next year, according to some economists, home prices across America will plummet. Residential real estate is already massively overinflated and showing signs of a correction. And with existing home sales dropping for the ninth straight month, that correction could come sooner rather than later. Mortgage rates are also on the rise, […]

(Natural News) Sam Bankman-Fried, the founder of beleaguered cryptocurrency exchange company FTX, has put up his penthouse in the Bahamas for sale with a $40 million price tag. According to a report by Semafor, the 12,000 square-foot residence located in the Albany luxury resort community was recently listed for sale. While the realtor in charge […]

(Natural News) Mortgage rates have gone over seven percent once again as the real estate market reacts to the latest interest rate hike from the Federal Reserve, with both buyers and sellers withholding participation in the economy amid financial volatility. The national average interest rate on a 30-year fixed mortgage currently sits at 7.08 percent, […]

(Natural News) Popular real estate brokerage firm Redfin announced this week that it will be laying off of 13 percent of its workforce in a move to cut costs as the housing market continues to slow. The company’s CEO, Glenn Kelman, delivered the bad news to employees by e-mail. He also announced that they would […]

(Natural News) People looking to relocate to South Florida are in for sticker shock as it is now one of the most unaffordable places to buy a home in the United States. The average mortgage payment for a home in the area has now nearly doubled over the past year at $2,452 – a whopping […]