Real Estate

Yes, it´s true. People over 55 years of age are prospering across the nation. But so are Latinos - and as one Hispanic investment ace tells us, they are not the only ones, much to the chagrin of the liberal Spanish-speaking media that continue to make a case for an ailing economy about to crash and for Donald Trump to be deep-sixed.

The third season of Veronica Mars aired on the CW in 2007 and now, 12 years later, Hulu has brought it back. I am what one might call a dedicated "Marshmallow" - a superfan of the titular teen detective who was equal parts sarcastic and hard-boiled. Imagine both my excitement when I found out the show was coming back and my abject disappointment when I found out that this fourth season was chock…

Near the end of its evening newscast Telemundo, NBC’s Spanish-language affiliate network, recently had the temerity to treat its viewership to two and a half minutes of good news. Three cheers for a buoyant economy in which Latinos make up 63% of new homeowners in the United States.

One reason Democrats seem so fixated on importing illegal immigrants and allowing their children to stay and become citizens may be the exodus from high-tax and traditionally Democratic states. Anecdotal evidence is usually not helpful in determining trends, but when stories begin to accumulate and sound the same attention must be paid. Two friends of mine, who are longtime California residents,…

The White House on Wednesday released the outline for the President’s proposed tax plan that would drastically cut taxes and simplify the filing process, among other things. CBS’s resident Trump critic and anchor, Scott Pelley kicked off the show smearing it. “Today the Trump administration rushed out a plan for historic tax cuts high on hyperbole, but with only a dollop of detail,” he declared…

At the Washington Post, Catherine Rampell, alarmed by an alleged "police state" on Fifth Avenue in New York City and alleged "costs to commerce and property values," wants to have the city to "use eminent domain to seize Trump Tower." Unfortunately, the President-Elect does have a blind spot when it comes to the government taking someone's property and conveying it to someone else for supposed "…

In six seasons, Downton Abbey — the English drama that takes place from 1912 to 1925 — has captured millions of American viewers and won an Emmy, a Golden Globe and a BAFTA. It’s a show about the seismic shifts of society (war, economic changes, politics) that led to declining aristocratic lifestyles in Great Britain. If focuses on the story of one aristocratic family, the Crawleys, as well as…

Washingtonian magazine hyped how "the Catholic Church is selling Northeast DC to developers" in a story in its February 2016 issue. Jeffrey Anderson played up how "Church organizations have been profiting by developing or selling their properties" in the area near the Catholic University of America over the past several years. However, Anderson failed to give any background regarding the Church…

Here's what should be an easy question: With data which has already been seasonally adjusted, what's more important — a) the fact that an index is a) up by 3 percent in the past year or b) the fact that it has fallen 5 percent in the past four months? The correct answer is obviously b) — unless you're a writer for the Associated Press whose mission is to convince readers that the housing market…

On Wednesday night, the “big three” of ABC, CBS, and NBC refused to cover the Obama administration’s official unveiling of new regulations that aim to force neighborhoods to diversification or risk losing annual federal funding from the Department of Housing and Urban Development (HUD). As they often do when the networks fail to cover a story, the Fox News Channel (FNC) program Special Report was…

Both ABC World News with Diane Sawyer and NBC Nightly News failed to mention a new, troubling report from the Census Bureau on Thursday night that sales of new homes decreased by 8.1% in June and that May’s originally reported double-digit increase was revised lower, from almost 19% to only 8%.  The CBS Evening News did cover this story, but it only was in the form of a 12-second news brief…

On Wednesday, June 17 Bloomberg reported that Bill and Hillary Clinton are taking advantage of financial planning strategies to avoid paying a hefty estate tax, even though the Clintons are prominent supports of the tax.  Despite the report, ABC, CBS, and NBC have all ignored the story on both their morning and evening newscasts. According to Bloomberg: “The Clintons are using financial…

At the Associated Press today, economics writer Christopher Rugaber was a bit subdued, even when presented with nominally favorable news. He wrote that the March rise in the National Association of Realtors' pending home sales index of 3.4 percent, the first gain in nine months, was "a sign that the housing market might pick up after a sluggish start to the year." Rugaber's relative…

March was going to be the month when new home sales in the U.S. would finally break out after several months of horrible weather. After all, everyone knew that this winter's snow, ice, and low temperatures were the only things holding the new home market back. Consensus predictions ahead of today's related report from the Census Bureau were in the range of 450,000 to 455,000 annualized sales…