Sweden faces ‘Judgment Day’ as house prices fall

In 2022, Sweden’s central bank ran an aggressive rate hike that bounced through the property market. Jonathan Nakstrand / Contributor / Getty Images Sweden’s real estate prices are facing a dangerous decline as the country’s former central bank governor has warned of high household debt levels. Home prices in Sweden have risen fairly reliably over … Read more

Scam artists are looking for new ways to trick you

It used to be that banks and credit card companies were the main targets for financial fraudsters. Not anymore. Now, digital payment providers like PayPal, Venmo, Cash App, and Zelle find themselves in the crosshairs of electronic data. According to the latest Telephone fraud monitor reportAnd Zelle data fraud incidents are up 816% from 2021 … Read more

Manhattan condo sales decline in the fourth quarter, and realtors fear a market freeze

Craig Warga | bloomberg | Getty Images Manhattan condo sales fell 29% in the most recent quarter, sparking fears of a market freeze as buyers and sellers stay on the sidelines due to economic and interest rate concerns. There were 2,546 sales in the quarter, down from 3,560 last year, according to a report by … Read more