US real estate market will be ‘very ugly’ next year, Howard Lutnick warns

The CEO of a major financial services company has warned of a “very ugly” property market over the next two years. Cantor Fitzgerald CEO Howard Lutnick speaks with FOX Business host Maria Bartiromo at the World Economic Forum in Davos, Switzerland, and says a “generational change” is on the horizon. and warned of large-scale defaults […]
Why investors scaled back on real estate purchases in 2023

The pandemic-era investor frenzy for buying real estate appears to be starting to wane. Investor home purchases fell in the first three quarters of 2023, dropping an average of 32.9% year-to-year year-over-year as of September, according to a new Realtor.com analysis released Wednesday. The decline in investor activity was greater than the 25% decline in […]
Investors scaled back on real estate purchases in 2023

Bill Pulte, CEO of Pulte Capital, insists home prices won't fall significantly in the new year. The pandemic-era investor frenzy for buying real estate appears to be starting to wane. Investor home purchases fell in the first three quarters of 2023, dropping an average of 32.9% year-to-year year-over-year as of September, according to a new […]
‘Con Artist’ Accused Of Stealing Over $100M From Army To Buy ‘Jewelry, Clothing, Vehicles, Real Estate’

(Photo courtesy of Federal Court Documents) OAN's Avril Elfie3:12pm – Thursday, January 11, 2024 A Texas woman is accused of stealing more than $100 million in funds from the U.S. military and using the money to purchase luxurious personal items. advertisement According to a press release issued by the Department of Justice on Wednesday., 57-year-old […]
Real estate surveys indicate Manhattan’s office market is far from dead

Separate reports from major brokerages CBRE and JLL show that Manhattan's office market is not dead, but even stagnant. The findings show how “immune” the top end of the office market is, in CBRE's words, to the plight of those at the bottom. (Data for both companies includes both new leases and renewals.) CBRE's study […]
Subpoenaing Epstein Estate Should Be Senate Judiciary Committee’s ‘Very First Act’

Sen. Marsha Blackburn (R-Tenn.) sent a letter to Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) on Wednesday to clarify who collaborated with Jeffrey Epstein's human trafficking ring. He asked for the Democratic Party's cooperation to do so. Mr. Blackburn wrote a letter to Mr. Durbin, which was obtained by Breitbart News. A court may soon […]
Soros’ Southampton, NY estate latest to fall victim to fake 911 ‘swatting’ call

George Soros' Southampton Village, New York, mansion was reportedly vandalized on Saturday, joining the list of other celebrities who have become victims of 911 pranks in the past few weeks. The New York Post reported that just before 9 p.m. Saturday, Southampton Village Police Department received a 911 call saying a caller had shot his […]
George Soros’ Southampton estate ‘swatted’ in latest fake 911 call

George Soros' luxury Southampton mansion was vandalized over the weekend as the left-handed billionaire became the latest high-profile victim of a 911 prank. Southampton police say they received a 911 call shortly before 9 p.m. Saturday in which the caller told police he had just shot his wife and was threatening to shoot himself at […]