The legal troubles facing Donald Trump are reaching a critical moment as New York’s attorney general, Letitia James, moves to collect a $454 million civil business fraud judgment against him. Trump’s son, Eric, who is also a co-defendant in the case, has accused James of attempting to bankrupt his father with the judgment. This accusation
Real Estate
Donald Trump’s company has recently faced challenges in obtaining an appeal bond for a civil business fraud case that the former president lost. Trump’s lawyers mentioned in a court filing that over 30 surety companies rejected writing a bond for him, citing their refusal to accept real estate as collateral. This refusal has made it
In a surprising turn of events, sales of existing homes experienced a significant surge of 9.5% in February compared to January, reaching 4.38 million units. This came as a shock to housing analysts who were anticipating a slight decrease in sales. Although sales were down by 3.3% year over year, this monthly increase marked the
Donald Trump and his co-defendants were in discussions with insurance giant Chubb for a $464 million appeal bond in the former president’s civil fraud case. However, the company made a surprising decision to back out of the negotiations, leaving Trump’s legal team scrambling for alternatives. Chubb’s reversal comes just days after it garnered attention for
The cost of housing in the United States has seen a significant surge over the past few decades. According to a study by Clever, while inflation has increased tenfold in the last 60 years, home prices have skyrocketed to 24 times their original value. If home prices had followed the same trajectory as inflation since
President Joe Biden is set to visit Nevada, a battleground state, to address the issue of corporate landlords keeping rents artificially high. The White House is accusing these corporations of contributing to the high cost of living, even as overall inflation has shown signs of easing. This move is part of Biden’s strategy to shift
Artificial intelligence has made its way into the housing industry, particularly in the field of architecture. ICON, the company behind the first fully 3D-printed housing developments in the U.S., has introduced Vitruvius, an AI program designed to assist consumers in creating custom home designs online. This innovative technology aims to streamline the design process, making
The recent court filing by Donald Trump’s lawyers highlights the former president’s financial struggles in obtaining an appeal bond to prevent the seizure of his real estate assets. Despite claims of having over $400 million in cash, Trump’s team was unable to secure a bond that would cover the $454 million civil fraud judgment he
The Federal Reserve is expected to keep interest rates unchanged at the end of its two-day meeting this week, despite the anticipation of upcoming rate cuts. Federal Reserve Chair Jerome Powell has expressed the need for caution in easing rates too quickly, as this could lead to a loss in the battle against inflation and
As spring approaches, the housing market is seeing a surge in activity. With a 14.8% increase in new listings compared to last year, buyers and sellers are gearing up for what could be a busy season. As families look to secure a new home before the start of the school year and sellers take advantage