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Tom York on Business: For Black Home Buyers, San Diego Is Best City in America
Image courtesy Zillow.com Effectively, in this article is a favorable product relating to San Diego’s housing crisis. The finest city to use for a home finance loan personal loan if you are a Black resident is apparently San Diego. This, in accordance to a top rated 10 listing compiled by 1-12 months-outdated facts analysis startup FairPlay The enterprise explained it used artificial intelligence to execute a comprehensive examine of extra than 23 million home loan programs created by Blacks, Hispanics, Indigenous Us citizens and females in 2021 to gauge how relatively just about every team was served by lending establishments. Making use of the mortgage data, the business compiled Top…
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Texas Man Sentenced to 12 Years in Prison for Defrauding Business Opportunity Buyers of More Than $5 Million | USAO-NJ
CAMDEN, N.J. – A Dallas, Texas, man was sentenced today to 144 months in prison for his role in orchestrating and operating a fraudulent scheme to sell medical-related business opportunities, causing a loss of more than $5 million, Acting U.S. Attorney Rachael A. Honig announced. David Weinstein, 62, formerly of Cherry Hill, New Jersey, previously pleaded guilty before U.S. District Judge Robert B. Kugler to an information charging him with conspiracy to commit wire fraud and money laundering. Judge Kugler imposed Weinstein’s sentence today in Camden federal court. According to documents filed in this case and statements made in court: From December 2015 through November 2020, Weinstein and his conspirators,…
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Tom York on Business: San Diego Home Buyers Get Scant Relief from Bidding Wars
A house for sale in Point Loma in September. Photo by Chris Stone Residential real estate services provider Redfin says 60{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of offers written by its agents nationally faced competition—similar to the number in September but down from the feverish COVID-19 pandemic peak of 74.5{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} in April. But the ease-up hasn’t hit markets here in the West, including San Diego. Salt Lake City had the highest bidding-war rate of the 42 U.S. metropolitan areas in this analysis, with 79.5{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of offers written by Redfin agents facing competition. Next came Sacramento, CA at 77.1{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} and Indianapolis at 74.1{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73}. San Diego and the Bay Area rounded out the top five, with rates of 72.1{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} and 69.5{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73}, respectively.…
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