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☆ Home flipping and BRRRR are back: Interest rate cuts are set to fuel a resurgence in the real-estate investing strategies, says BiggerPockets' housing-market guru
▼ + stars: | 2024-08-04 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Read previewHome flipping and the BRRRR method have been in the doghouse among much of the real-estate investing community over the last couple of years. As the Federal Reserve jacked up interest rates and home prices cooled off, warnings about the viability of these strategies abounded. But now, the popular strategies are due for a resurgence, according to Dave Meyer, BiggerPockets' housing market expert. Related storiesOne piece of evidence for this is that home flipping profits have generally been on the rise since the start of 2023 and jumped significantly in Q1 2024, according to real-estate data firm ATTOM. Further, he argues, the housing market is not as volatile as the stock market, and it's rare to see forced selling on a grand scale, he said.

Persons: —, Dave Meyer, BiggerPockets, Meyer, he's bullish, there's, it's, Skylar Olsen, she's Organizations: Service, Federal Reserve, Business, ATTOM, Labor

☆ Female comedians are flipping the script on what they wear to perform
▼ + stars: | 2024-07-29 | by ( Leah Dolan | ) edition.cnn.com time to read: +10 min

CNN —Close your eyes and imagine a stand-up comedian. Today, female comics are more likely to be seen in vintage Versace, Gucci or Alessandra Rich than a denim button-down. To the uninitiated, Barone wore a sparkly silver dress. Dev Bowman“For a long time, female comedians were pressured into dressing like their male counterparts,” said Barone. “I don’t want it to seem like I’m saying I’m the first person to ever wear a dress to do stand up comedy,” she said.

Persons: Versace, Gucci, Alessandra Rich, ” Ziwe, George Santos, Jean Paul Gautlier, Ayo Edibiri, —, Loewe, Thom Browne, Rachel Sennott, Maya Rudolph, Mary Beth Barone, Barone, Kate Moss, Naomi Campbell, Moss, “, Instagram, Barone nodded, ” Barone, Jimmy Fallon, Tom Ford, De, Dave Benett, Sidewalkkilla Barone, Todd Owyoung, Britney Spears, Mary, Kate, Ashley Olsen, Paris, Mary Beth Barone Cat Cohen, ”, ’ ”, Cohen, Kelsely Randall, Chloe, Halle Bailey, Kelsey, aren’t, Phyllis Diller, Jean Carroll, Joan Rivers, Rivers, Midge Maisel, Maisel, Catherine Cohen, Dev Bowman, ” Cohen, ” Margaret Cho —, Betsy Johnson, Todd Oldham, Gemma Kong, Andrew Dice Clay, Louis C.K, ” Cho, ” Margaret Cho, Jay Leno, Margaret Norton, Cho, Ron Galella, Karen Kilgarriff, Janeane Garofalo, Kim Gordon’s, Janeane, Karen, Harry Styles, Forbes earnt Styles, Edebiri, It’s, ” Barone —, Dior Organizations: CNN, YouTube, Sydney, De Beers, NBC, Paris Hilton, Netflix, Globe, MTV, Hollywood Locations: New York, LA

☆ The latest three-year cruise is running two months late
▼ + stars: | 2024-07-28 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

Now, another company aiming to be the first to produce a round-the-world residential cruise at a reasonable price has delayed departure by two months. Villa Vie Residences was due to depart from Belfast on May 30. But after a couple of unexpected hiccups, the ship – the Villa Vie Odyssey – is still in the Northern Irish city. Villa Vie had bought the ship from Fred. Meanwhile, two people who were part of the Life at Sea management when the cruise was canceled have announced their own rival outlet.

Persons: Mikael Petterson, “, ” Petterson, Petterson, Villa Vie, Fred, Olsen, I’d, ”, we’ll, Kendra Holmes, –, Holmes Organizations: CNN, Passengers, CNN Travel, Villa, Olsen Cruise Lines, Miray Cruises Locations: Belfast, Northern Irish, Braemar

☆ The worst may be over for homebuyers
▼ + stars: | 2024-07-23 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

But there are now signs that maybe, just maybe, the worst could be over for homebuyers. “June, in particular, has started to show the housing market slowing down in favor of buyers,” said Skylar Olsen, Zillow’s chief economist. While the Fed doesn’t directly set mortgage rates, its actions do influence borrowing costs throughout the economy. For the past two years, potential homebuyers have faced a double whammy of high prices and high mortgage rates. “We’re sitting today at probably, if not the worst affordability ever, really close to the worst affordability ever — so we almost have nowhere to go but up,” Sharga said.

Persons: ”, Skylar Olsen, Green, Rick Sharga, CJ Patrick Company, “ We’re, ” Sharga, “, ” Olsen, “ That’s, Sharga, Leslie Heindel, ” Heindel Organizations: CNN, homebuyers, Federal Reserve, Fed, Reserve, CJ, Homes, Wall Street Locations: New Orleans

☆ Prosecutors say neo-Nazi ‘murder cult’ leader plotted to give poison candy to Jewish kids in NYC
▼ + stars: | 2024-07-17 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

Michail Chkhikvishvili, a 21-year-old man from the Republic of Georgia, was indicted on four charges, including soliciting hate crimes and acts of mass violence, according to a statement from the US Department of Justice. In November 2023, Chkhikvishvili began planning a “mass casualty event” for New York City on New Year’s Eve, prosecutors said. “The scheme involved an individual dressing up as Santa Claus and handing out candy laced with poison to racial minorities and children at Jewish schools in Brooklyn,” the Department of Justice statement said. He “drafted step-by-step instructions to carry out the scheme” and shared with the undercover officer “detailed manuals on creating and mixing lethal poisons and gases,” the statement said. “For example, and among other things, the handbook encourages its readers to commit school shootings and to use children to perpetrate suicide bombings and other mass killings targeting racial minorities,” the Justice Department statement said.

Persons: Santa Claus, Michail, Chkhikvishvili, Butcher, ‘, ’, Matthew G, Olsen, Breon, Robert R, Wells, Eve, “, Prosecutors, ” Chkhikvishvili Organizations: Nazi, US Department of Justice, Justice Department’s National Security Division, Eastern, of, FBI’s National Security Branch, New York, Jewish, Department of Locations: Europe, New York City, Republic of Georgia, Nazi, of New York, New, Brooklyn, United States

☆ Mortgage rates fall to their lowest level in almost three months
▼ + stars: | 2024-06-20 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington CNN —Mortgage rates fell this week to their lowest level since early April, taking some pressure off America’s unaffordable housing market. “These lower mortgage rates coupled with the gradually improving housing supply bodes well for the housing market.”Still, mortgage rates remain higher than anything seen in the decade before 2022, the year the Federal Reserve began to raise interest rates to combat inflation. Economists don’t expect the average mortgage rate to fall below 6% this year. Homebuilding constrained by high interest ratesWhile mortgage rates have eased recently, the US housing market overall remains hamstrung by elevated interest rates, which seem to be taking a toll on homebuilding. “Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” NAHB Chairman Carl Harris said in a release.

Persons: Freddie Mac, ”, Sam Khater, Freddie Mac’s, don’t, America’s homebuilders, “, Carl Harris, ” Skylar Olsen Organizations: Washington CNN —, “, Federal Reserve, Treasury, National Association of Home Builders Locations: ., Wells Fargo, America, San Diego , Los Angeles and New York, California, Honolulu

☆ ‘The Dead Don’t Hurt’ Review: A Foursquare Western From Viggo Mortensen
▼ + stars: | 2024-05-30 | by ( Ben Kenigsberg | ) www.nytimes.com time to read: +1 min

In making an honest go at reviving the movie western, Viggo Mortensen — who directed, wrote and stars in “The Dead Don’t Hurt,” in addition to composing its score — delivers a few different westerns in one. Not counting a deathbed prologue, the film initially seems to be staking out a claim in the law-and-order corner of the genre. Mortensen, as a bereaved sheriff named Holger Olsen, appears skeptical when a town dullard stands accused of six murders and apparently claimed not to remember any of them. The local courthouse — a makeshift affair cobbled together in the saloon — is not the most forgiving place for the wrongfully accused, or for anyone. We’ve already seen the killer.

Persons: Viggo Mortensen —, Mortensen, Holger Olsen, dullard, We’ve, Weston Jeffries, Solly McLeod, Alfred Jeffries, Garret Dillahunt

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, First Solar, Netflix, Disney, Cava, Dell, Snowflake & more
▼ + stars: | 2024-05-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it's sticking with its outperform rating on the stock. " Argus upgrades Berkshire Hathaway to buy from hold Argus said it's getting bullish on shares of Warren Buffett's multinational conglomerate. UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. Bank of America reiterates Apple as buy Bank of America said it's bullish on top pick Apple and its entry into iPhones with AI. Bank of America reiterates Dell as buy Bank of America raised its price target on Dell to $180 per share from $130.

Persons: Bernstein, Berkshire Hathaway, Argus, it's, Fluence, LBRT, Jefferies, TD Cowen, Medpace, Cowen, Morgan Stanley, JPMorgan, Wells, Baird, MM120, Truist, Dell, Jack Hartung, Cindy Olsen Organizations: Nvidia, Argus, Warren, UBS, Citi, Liberty Energy, United Airlines, Airlines, American Airlines, " Bank of America, Apple, Bank of America, Netflix, Disney, RBC, Eldorado, Eldorado Gold, BTC, Citi downgrades Bank, JPMorgan, Mind, of America, Norwegian Cruise Line Holdings, Dell, Field Locations: Berkshire, U.S, OFS, United, El Paso, Parks, F4Q, CAVA, Chicago

☆ Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
▼ + stars: | 2024-05-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +12 min

Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.

Persons: —, they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials

☆ Stylist Holly White got her start waitressing and interning at Vogue. Now, she's transforming 'Bridgerton' actors into fashion stars.
▼ + stars: | 2024-05-17 | by ( Amanda Krause | ) www.businessinsider.com time to read: +7 min

Read previewWearing a school uniform never worked for Holly White. "I was assisting fashion assistants, and I knew immediately that I'd fallen in love with styling," White said of her time at the magazine. India Amarteifio and Holly White. Charithra Chandran attends a Vogue and Netflix event in a look styled by Holly White. "We're having conversations about the directions we want to go, when we want to push certain silhouettes, what we want to say with certain looks," White said.

Persons: —, Holly White, White, I'd, Mary, Kate, Ashley Olsen, Tim Walker, wasn't, Luke Newton, Tom Hiddleston, Loki, Milly Alcock, Holly White White, Amarteifio, Tolu Coker, India Amarteifio, Kayla Oaddams, Charithra Chandran, Jeff Spicer, Newton, They've, Luke, Jamie McCarthy Organizations: Service, Business, London College of Fashion, Vogue, Netflix, Newtown, Getty Locations: London, India, British, Nigerian, Amarteifio

☆ An influencer got a $4,980 Gucci bag. Then, she intentionally tried to destroy it.
▼ + stars: | 2024-05-13 | by ( Amanda Krause | ) www.businessinsider.com time to read: +3 min

Read previewInfluencer Victoria Paris unboxed a shining new Gucci bag in a TikTok video on April 1. Nearly a month later, on April 30, she shared a video of herself throwing that same designer bag against wooden stairs. one person commented on a reposted clip of Paris throwing her bag. @andiwashington_ Charms on bags love love love ❤️ accessorize my vintage bag with me ♬ original sound - Andi Washington 🐬💗✨Then there's Mary-Kate and Ashley Olsen. AdvertisementTikTokers recently noticed that Hermès bags carried by the famous twins are far from pristine.

Persons: —, Olsen, Jane Birkining, Jackie, TikTokers, Paris, I'm, Jane Birkin, Birkin, Jean, Louis Dumas, Jun Sato, Gucci, Andi Washington 🐬💗 Organizations: Service, Paris, Business Locations: Paris

☆ How the US became hooked on sports betting – and the cost it’s having on lives
▼ + stars: | 2024-05-03 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.

Persons: CNN —, Saul Malek, he’d, “, ” Malek, I’d, Malek, ”, Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, “, Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, –, North Carolina

☆ Opinion | The ‘Impossible Life’ of Equal Devotion to Art and Mothering
▼ + stars: | 2024-05-01 | by ( Jessica Grose | ) www.nytimes.com time to read: +1 min

“Too much life enters this house,” Tillie Olsen, the writer, labor activist and mother of four daughters, wrote in a letter to the poet Anne Sexton. Olsen and Sexton were among the early recipients of a paid fellowship from the Radcliffe Institute for Independent Study. In some ways, remarkable progress has been made for American women since then — at the time, for example, it was perfectly legal to fire a woman for getting pregnant. (In other ways, we have returned to the 19th century.) The book made me ponder whether some of the conflicts that parents feel between their family responsibilities and other parts of their lives can be fully resolved.

Persons: ” Tillie Olsen, Anne Sexton, “, lunchpacking —, Olsen, Sexton, Maggie Doherty’s, Radcliffe’s, Mary Ingraham Bunting, Maxine Kumin, Barbara Swan, Marianna Pineda Organizations: Radcliffe Institute for Independent, Art Locations: midcentury America, Doherty’s

The thought of round-the-clock "togetherness" — with friends, family or strangers bound together in a tour group — can be overwhelming to the estimated 57% of people who lean toward introversion. Dori Nix, a marketing and communications director for the Colorado-based women-led tour company Adventures in Good Company, also recommends staying alone, even if means paying a single supplement. 2: Don't get trapped by talkersIn Psychology Today, author Sophia Dembling cautions introverts to research group trips well. "As an introvert, I definitely need small groups," she said. "As an introvert, I definitely need small groups.

Persons: introverts, Jenny Olsen, Olsen, Dori Nix, Sophia Dembling, John Hackston, The Myers, Carl Jung, Hackston, Kelly Kimple, Patty Civalleri, Jonathan Feniak, Myers, Briggs Company's Hackston Organizations: Company, talkers, The, Briggs Company, CNBC, CNBC Travel, Good Locations: Los Angeles, Colorado, Europe, Swiss, Mazatlán, Mexico, New Hampshire, Rocky

☆ $1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
▼ + stars: | 2024-04-09 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

In February, the country had 550 "million-dollar" cities, or areas where the "typical" home value is $1 million or more, according to a new analysis by Zillow. That is a gain of 59 cities from 2023, and edges out the previous record of 522 such cities when home values peaked in 2022. Some places have lost 'million-dollar city' statusCalifornia has the most million-dollar cities, with 210. Even though there are more million-dollar cities this year, the record amount is connected to how the lock-in effect is affecting an area's supply, according to Olsen. "In those places where we've lost million-dollar cities … they're not as locked in, and they have a lot more of that new construction that helps that picture, too," she said.

Persons: Jon Lovette, Skylar Olsen, Zillow, Olsen, we've Organizations: Colorado — Locations: U.S, California, — New York , New Jersey , Florida , Massachusetts, Colorado

☆ Silje Opseth: Her face bloodied, Norwegian ski jumper recovers from fall to set new world record
▼ + stars: | 2024-03-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Her face might have been bloodied and battered, but ski jumper Slje Opseth couldn’t stop smiling as reality dawned on her that she’d just set a new women’s world record. World record,” Norwegian Opseth wrote on Instagram later on Sunday, before thanking everyone involved in her record attempt. Opseth set a new women's world record with her final jump in the competition. The seven-time World Cup winner managed to recover, though, and broke the world record with her final attempt. On Sunday, the 24-year-old Opseth finished the first ever Women’s Ski Flying World Cup in second, behind Norwegian teammate Eirin Maria Kvandal.

Persons: Opseth, Instagram, ”, Geir Olsen, NTB, “, ” Opseth, Eirin Maria Kvandal, Klinec Organizations: CNN, Reuters Locations: Vikersund, Norway, Slovenia, plasters, Eirin Maria Kvandal .

☆ Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA
▼ + stars: | 2024-03-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Existing home prices should keep climbing when mortgage rates slide, Bank of America said. The number of existing home sales on offer fell last year as mortgage rates rose and sellers opted to wait it out to hold onto lower rates they locked in years ago. "As of January, the median sales price of existing single-family homes had grown 5% y/y, while the price for new single-family homes fell 3% y/y." AdvertisementSo far in 2024, mortgage rates have come down from multi-year highs seen last October, falling to 6.74% this month. January's existing home sales were the highest since August, and even small declines in mortgage rates are enough to encourage bursts of activity.

Persons: —, It's, Redfin, Skylar Olsen Organizations: of America, Service, Bank of America, CNBC

☆ Weight loss drugs like Ozempic and Wegovy are fattening up Denmark's economy and helped it dodge a recession last year
▼ + stars: | 2024-03-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Danish pharma giant Novo Nordisk makes both Ozempic and Wegovy. The novel drugs are also boosting pharma stocks — and Denmark's economy. Advertisement"The pharmaceutical industry has been the main driving force in the Danish economy in both the fourth quarter and for the whole of 2023," the agency said. Genmab, Zealand Pharma, and H. Lundbeck are among the other big Danish pharma firms. AdvertisementSuch businesses were a rare bright spot for Denmark's economy last year because they invested in infrastructure, created jobs, and boosted manufacturing, according to Danske Bank's chief economist Las Olsen.

Persons: —, it's, Las Olsen, Olsen Organizations: Danish pharma, Novo Nordisk, Service, Nordisk, Zealand Pharma Locations: Denmark, Danish, Copenhagen

☆ This TikTok influencer is quitting to work 9-to-5, and expects to earn less
▼ + stars: | 2024-03-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

TikTok influencer Ana Wolfermann is quitting to find a 9-to-5 job. Being a TikTok star has its disadvantages, including success hinging on consistent popularity. AdvertisementBut being a TikTok star has disadvantages, including inconsistent pay and success hinging on consistent popularity. Fitness influencer Taylor Olsen told BI she got a corporate job in 2023 because she was almost canceled on TikTok. She explained that a fellow creator who met her said online that she had "mean girl" vibes, which lost her roughly 100,000 TikTok followers and 40,000 Instagram followers.

Persons: TikTok, Ana Wolfermann, —, Wolfermann, Fortune, she's, You'll, influencer Taylor Olsen, Olsen Organizations: Service Locations: TikTok

☆ Home prices in these 8 cheap cities are primed for outsize appreciation amid the worst US housing affordability crisis in 40 years, says Zillow's chief economist
▼ + stars: | 2024-03-13 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

For Zillow Chief Economist Skylar Olsen, this means homes around the country that are relatively cheap should have tailwinds for appreciation in the years ahead. While cheaper homes in every market should outperform, Olsen also said that the affordability crisis means that lower-cost cities around the US are well-positioned for appreciation. In addition to mostly being cheap on an absolute basis, most of the cities are cheap on a relative basis. The eight cities Olsen listed are compiled below in no particular order. Median home price sale data (list price for Hartford) is included, as well as data from Olsen's affordability metric and average monthly mortgage payments.

Persons: Skylar Olsen, —, Olsen Organizations: National Association of Realtors, Business, Hartford Locations: Hartford , Connecticut, Providence , Rhode Island, Boston, New York

☆ I moved from Denmark to the US. I prefer the US, but there are some things the Danish do better.
▼ + stars: | 2024-03-09 | by ( Michelle Mastro | ) www.businessinsider.com time to read: +6 min

Denmark is not a socialist country, but it has strong welfare safety nets, like a free healthcare system that people must pay into. AdvertisementDenmark has 'free' healthcare, but it isn't efficientDanish people pay high taxes to support a healthcare system that is becoming less effective. The social aspect of the Danish system doesn't work efficiently anymore, so patients are choosing private hospitals instead. The idea is to discourage people from consuming these products and then relying on the free healthcare system for treatment. The Danish work less and take more time away to reinvigorate their creativity.

Persons: —, Nick Olsen, didn't, I'd, Denmark, I've, you've, It's, Danes Organizations: Service, x365, Business Locations: Salt Lake City, Denmark, United States, LA, Thailand, Utah, Danish, New York, California, there's, America

☆ Biden wants to make it easier for people to buy their first home. But there aren't enough houses.
▼ + stars: | 2024-03-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But I'm not waiting," President Joe Biden said during Thursday's State of the Union address. The White House is stepping up as homeownership costs keep mounting, with over 90% of the market overvalued. AdvertisementIn order to unlock supply, Biden called for a one-year tax credit of $10,000 to families selling a starter home. Ahead of the speech, Zillow Chief Economist Skylar Olsen noted that the supply crunch is worse than the White House has laid out.

Persons: —, Biden, I'm, Joe Biden, homebuyers, David Dworkin, Skylar Olsen, unspent Organizations: Service, Biden Administration, Business, National Housing, CNBC, Treasury Department Locations: homebuyers, Thursday's State

☆ Zillow's chief economist says these 11 'pandemic-darling' cities are full of investor-friendly deals for both price appreciation and surging cash flow in the years ahead
▼ + stars: | 2024-03-08 | by ( William Edwards | ) www.businessinsider.com time to read: 1 min

Home prices in pandemic boomtowns have dropped since mid-2022, creating investment opportunities. Zillow Chief Economist Skylar Olsen says these markets are good for buying rental properties. The growing labor force in these cities should boost appreciation and cash flow for investors. But since mid-2022, prices have returned to earth in many cities. For real-estate investors, this means opportunity, according to Zillow Chief Economist Skylar Olsen.

Persons: Skylar Olsen, — Organizations: Business Locations: — Austin, Phoenix, Nashville

☆ U.S. is 'desperate' for new housing supply: Zillow Chief Economist ahead of State of the Union
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. is 'desperate' for new housing supply: Zillow Chief Economist ahead of State of the UnionSkylar Olsen, Zillow Chief Economist, joins 'Fast Money' to talk Pres. Biden's proposes solution fo the U.S. housing crisis.

Persons: Union Skylar Olsen, Biden's Organizations: Union Locations: State

☆ Air Force employee accused of sharing classified information on foreign dating website
▼ + stars: | 2024-03-04 | by ( Oren Liebermann | ) edition.cnn.com time to read: +3 min

CNN —An Air Force employee has been charged with sharing classified information on a foreign dating website after prosecutors say he sent sensitive information about Russia’s war in Ukraine to a person who claimed to be a woman living in Ukraine. Slater then sent this classified information to someone who claimed to be a woman living in Ukraine, according to an indictment. Successfully?”The co-conspirator sent messages for nearly two months, according to the indictment, repeatedly probing Slater for more classified information. Slater faces one count of conspiracy to disclose national defense information and two counts of unauthorized disclosure of national defense information. Before working as a civilian in the Air Force, prosecutors say Slater rose to the rank of lieutenant colonel in the Army, retiring at the end of 2020.

Persons: David Franklin Slater, Slater, ”, Dave ”, Slater’s, “, Slater “, Matthew G, Olsen, Eugene Kowel Organizations: CNN, An Air Force, Prosecutors, Strategic Command, Justice Department, Operations Center, Air Force, Army, Justice Department’s National Security Division, Offutt Air Force Base, Omaha Field Office Locations: Ukraine, Russian, Nebraska, Omaha

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