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Florida real estate inventory surges, sellers slash prices

Real estate inventory in some parts of Florida has skyrocketed to uncomfortable levels, and sellers are starting to cut prices, according to the report. On Florida’s West Coast, the number of homes for sale and the rate at which current owners are reducing their asking prices has skyrocketed. According to the report Real estate company […]

Real estate giant Compass to pay $57.5M over clams it overcharged home sellers

Compass agrees to pay $57.5 million to settle class action lawsuit accusing real estate brokers of conspiring to overcharge U.S. home sellers by billions of dollars, according to a filing with the Securities and Exchange Commission. did. In regulatory filings, Compass denied any wrongdoing and claimed the amount did not materially impact its operations. Authentic. […]

Palantir CEO Alex Karp says short sellers make money to buy cocaine

The CEO of software company Palantir said on Wall Street that “nothing makes a human being happier than removing the source of cocaine” from people who “love to tear down great American companies.” He blamed short sellers. “I love burning short sellers.” Alex Karp told CNBC on Wednesday. “Few things make a human being happier […]