Amid low inventory, rising prices, and economic uncertainty, a new national survey reveals that 70 percent of Americans are bracing for a housing market crash this year. Concerns are particularly strong in Illinois, where home sales remain stagnant and affordability fears are growing among homeowners and potential buyers alike.
Mayor Karen Bass announced on Friday that Steve Soboroff, former president of the Los Angeles Police Commission, will lead the city’s wildfire recovery efforts as the newly appointed chief recovery officer.
Edwin Castro, the historic $2.04 billion Powerball winner, has reportedly lost one of his multimillion-dollar homes in the recent Los Angeles-area wildfires.
Dr. Patrick Soon-Shiong, owner of the Los Angeles Times, admitted Monday that endorsing Democratic Los Angeles Mayor Karen Bass during the 2022 election was a mistake.
In the wake of devastating wildfires in the Pacific Palisades and Pasadena/Altadena areas, Los Angeles renters are encountering instances of illegal price gouging. Despite California’s strict laws prohibiting such practices during emergencies, some landlords have significantly raised rental prices, exploiting displaced residents.
The Department of Justice (DOJ) announced Tuesday that it has filed an amended complaint in its lawsuit against RealPage, a software company, and six of the nation’s largest landlords, accusing them of engaging in anti-competitive practices through algorithmic pricing schemes that have harmed millions of renters.
A headline from the New York Times caught my attention a few years ago: “Iraq Suffers as the Euphrates River Dwindles.” It resonated deeply, not because of my interest in climate patterns but because of my focus on Scripture.
Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.
