Real Estate

1. Every home in America now has a wildfire threat score, and some areas see a 200% jump in risk

   Wildfire risk is increasing, likely due to global warming, and its destruction is becoming ever more expensive.

2. This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious

   "Horrible, Horrible, Horrible!" was how the seller, who filed for Chapter 11 last year, characterized the auction results to CNBC.

3. China may chalk up more debt as lockdowns hit the economy

   China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy.

4. Cushman & Wakefield appeals subpoenas order in Trump Organization probe by New York attorney general

   As Cushman & Wakefield appealed, a judge conditionally lifted a contempt of court finding against Donald Trump related to a subpoena for other documents.

5. Judge says Trump contempt ruling lifted if he pays $110K fine, provides other info

   Donald Trump has said he cannot find documents sought by New York Attorney General Letitia James as part of her civil investigation of the Trump Organization.

6. Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market

   Homebuyer demand for mortgages is rising again, but they're turning more to adjustable-rate loans, which offer a lower interest rate.

7. London is looking to tap the deep pockets of Silicon Valley

   Sadiq Khan, the mayor of London, traveled to California to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital.

8. Housing supply is finally improving, as high prices and rising rates weigh on sales

   After one of the most severe housing shortages in history, the supply of homes for sale is finally starting to increase, according to new data from Realtor.com.

9. Inside the $23.5 million mansion poised to smash another local record in Southern California

   The home's eight-figure asking price is more than double what it sold for less than six years ago.

10. More than half of Americans say inflation may have a ‘big negative impact’ on long-term financial goals, survey finds

    Amid rising prices and a changing economy, many Americans question their ability to meet long-term financial goals, a recent Country Financial survey finds.