HOA nightmares: The top homeowners association complaints Homeowners associations are great at getting a neighbor to mow his lawn. But they can also be a costly source of frustration. Clare Trapasso (via Realtor.com) Photo: Telnyawka/iStock Homeowners associations can be fantastic at getting deadbeat neighbors to mow their lawn, maintaining the community pool and clubhouse, and dissuading […]
California Earthquake Aftershocks Could Extend to Commercial Mortgages
Property Damage Might Slow Refinancing of $3 Billion in Loans, Analysts Say JULY 11, 2019|LOU HIRSH (via COSTAR) Real estate fallout could extend well beyond the immediate damage caused by recent Southern California earthquakes, with more than $3 billion in securitized commercial mortgages estimated to be facing elevated future risk. Financial analysis firm Morningstar Inc. […]
Millions of Americans make 5x leveraged bets on their homes
Article: Felix Salmon (via Axios) You wouldn’t make a 5x leveraged bet on the S&P 500 — not unless you were an extremely sophisticated financial arbitrageur, or a reckless gambler. Even then you wouldn’t put substantially all of your net worth into such a bet. Stocks are just too volatile. But millions of Americans make 5x […]