Despite rapid growth, these 3 US cities have deals for hopeful buyers

  • The pandemic has been a driver of rising home prices across the US as buyers compete for single-family homes and sellers remain reluctant to list.
  • Mansion Global reports that some luxe markets with big upticks in demand are still within reach for prospective homebuyers. 
  • Homebuyers and investors looking for property in Charleston, Park City, and San Francisco’s East Bay should act fast if they’re looking for a deal. 

The pandemic has been a driver of rising home prices across the US, as buyers compete for single-family homes and sellers remain reluctant to list amid volatility.

Luxury sales had been on a steady upswing dating from last October to this March, before they quickly went into reverse, according to a Redfin report. But the national median home price still set a new high this summer, as demand outstripped overall market supply, and the recent sentiment in major cities like New York is that the luxury market may be on its way back.

That said, some luxury markets still have deals on the offer, sitting in the sweet spot between just still affordable and with room for a return on investment. Mansion Global highlights three markets that have seen big upticks in demand. 

The takeaway is that investors looking for property in Charleston, Park City, and San Francisco’s East Bay should act fast if they’re looking for a deal. Read on to see why those markets stand out.

Source Article

Read more

Trump’s physician hopeful he could return to White House as soon as tomorrow despite two drops in oxygen levels

President Donald Trump’s physician, Navy Cmdr. Dr. Sean Conley, said Sunday morning that the President has had at least two concerning drops in oxygen levels, but is doing well and he is hoping Trump could be discharged as early as tomorrow from Walter Reed National Military Medical Center.



a man talking on a cell phone: WASHINGTON, DC - OCTOBER 02: U.S. President Donald Trump leaves the White House for Walter Reed National Military Medical Center on the South Lawn of the White House on October 2, 2020 in Washington, DC. President Donald Trump and First Lady Melania Trump have both tested positive for coronavirus. (Photo by Drew Angerer/Getty Images)


© Drew Angerer/Getty Images
WASHINGTON, DC – OCTOBER 02: U.S. President Donald Trump leaves the White House for Walter Reed National Military Medical Center on the South Lawn of the White House on October 2, 2020 in Washington, DC. President Donald Trump and First Lady Melania Trump have both tested positive for coronavirus. (Photo by Drew Angerer/Getty Images)

Some seven months into a pandemic that has killed more than 209,000 Americans, the nation is now facing a grave governing crisis with its commander in chief hospitalized — his condition hinging on his progress over the coming days — as the White House events of the past week serve as a textbook example of how not to handle a deadly virus.

Late Saturday night, the public learned new details about why Trump was airlifted to the hospital Friday, when chief of staff Mark Meadows said during an interview with Fox News that Trump had a fever on Friday morning and his oxygen level had “dropped rapidly.” Meadows added that Trump has made “unbelievable improvements from yesterday morning.”

A memo from Trump’s physician earlier Saturday night said that Trump had “made substantial progress” since his diagnosis but “is not yet out of the woods.”

Speaking from a White House that already has a huge credibility problem with the public, Meadows’ statement capped a 24-hour period that served as a master class in opacity and contradiction that raised major questions about the President’s health — and renewed questions about this administration’s ability to tell the truth.

Trump has been watching and critiquing coverage of his hospitalization from the presidential suite at Walter Reed and has been agitated at what he claims are exaggerated descriptions of his condition, people familiar with the matter said.

Those people told CNN that Trump seemed particularly upset when he saw a quote saying he was displaying “concerning” symptoms on Friday attributed to a person familiar with his health but later assigned by the New York Times and Associated Press to Meadows.

The comment about the President’s vitals hinted that his condition was more worrisome than his doctors let on. But the President’s aversion to appearing weak and sick is now what is driving the effort to project resolve, including a video he tweeted from Walter Reed on Saturday, the photos released by the White House of him working and the multiple accounts of phone calls where he sounded strong by his allies and family members.

For much of this year, Trump has spun an alternate reality about the dangers of coronavirus — disputing science and the efficacy of masks, downplaying the risks to the American people, and making false statements about how 99% of coronavirus cases in America are

Read more

Mnuchin is hopeful about aid deal with Pelosi

Treasury Secretary Steven Mnuchin said he will talk to House Speaker Nancy Pelosi about coronavirus stimulus again Wednesday and is “hopeful” about the prospects of a deal.

“I say we’re going to give it one more serious try to get this done and I think we’re hopeful that we can get something done,” he said during the Delivering Alpha conference presented by CNBC and Institutional Investor. “I think there is a reasonable compromise here.”

The Treasury secretary added that he aims to find an “understanding” with Pelosi on a broad relief package by Thursday. Mnuchin said an offer he expects to bring to the speaker — a counter to the $2.2 trillion aid bill the House could vote on this week — will resemble the roughly $1.5 trillion bipartisan House Problem Solvers caucus proposal put forward earlier this month. 

Pelosi previously rejected that plan. The legislation included $450 per week in enhanced unemployment benefits during an eight-week transition period, another round of $1,200 direct payments and more Paycheck Protection Program small business loan funding, among other provisions.

Treasury Secretary Steve Mnuchin speaking at the 2020 Delivering Alpha Conference on Sept. 30th, 2020.

CNBC

The Trump administration and Democratic leaders have failed to forge a consensus on what to include in a fifth coronavirus relief package as the outbreak ravages American lives and livelihoods. Before Mnuchin and Pelosi renewed talks in recent days, doubts had grown about Congress’ ability to pass new aid before the Nov. 3 election. 

Both the Treasury secretary and House speaker sounded more optimistic about progress Wednesday than they have in recent weeks. In an MSNBC interview, Pelosi also said she is “hopeful” about the potential for an agreement. 

“We’ll just see what they come back with today and how our negotiations go next,” she said. 

Mnuchin said the sides have found consensus on several major issues. Those include small business loans, funding for schools, direct payments to individuals, airline aid and employee retention tax credits.

He said the White House will still push for liability protections for businesses and schools — a provision Democrats have previously opposed. While Mnuchin added that the Trump administration supports some new relief for state and local governments, it is unclear if their offer will appease Democrats, who have proposed more than $400 billion in aid over a year.

Of course, any agreement the White House and Democrats reach will also have to get through the Republican-held Senate. As GOP lawmakers grow weary of spending trillions to bolster the federal response to the pandemic, the Senate tried to pass a roughly $500 billion relief plan earlier this month.

Democrats blocked it and called it inadequate.

Mnuchin said he and White House chief of staff Mark Meadows spoke to Senate Majority Leader Mitch McConnell and House Minority Leader Kevin McCarthy on Tuesday to update them on the talks. 

“Let’s see if we can get a compromise agreement with the speaker, something that works, and then we’ll continue to work with both sides

Read more

Pelosi ‘hopeful’ as she and Mnuchin speak on coronavirus aid, plan further talks

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said on Tuesday she hoped to have a coronavirus aid deal with the White House this week, after speaking with Treasury Secretary Steve Mnuchin for about 50 minutes and making plans for further talks on Wednesday.

FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) speaks during her weekly news conference on Capitol Hill in Washington, U.S., August 13, 2020. REUTERS/Sarah Silbiger/File Photo

“I’m hopeful,” Pelosi told reporters who asked whether agreement on additional coronavirus relief could be reached this week. Her discussion with Mnuchin on Tuesday was their third conversation in as many days.

“The two went over the provisions of the updated Heroes Act and agreed to speak again tomorrow,” Pelosi spokesman Drew Hammill said on Twitter, referring to a $2.2 trillion measure unveiled on Monday by House Democrats.

Pelosi has taken the lead for Democrats in trying to reach a compromise with the Trump administration on a further coronavirus relief bill.

Pelosi and Senate Democratic leader Chuck Schumer had been pressing for a $3.4 trillion relief package, but scaled back their demands by over a trillion dollars.

In an interview with CNBC, White House economic adviser Larry Kudlow made clear that the White House still views the $2.2 trillion figure as too high.

“There are things, I think, that both sides agree with but then the other team wants a gigantic package and we don’t think we need that,” he said.

White House Chief of Staff Mark Meadows has previously said that President Donald Trump would be willing to sign a $1.3 trillion measure. Meadows on Tuesday said he was in touch with Mnuchin and Trump on the matter.

“Hopefully we’ll make some progress and find a solution for the American people,” Meadows told reporters on Capitol Hill.

Pelosi on Monday urged the Trump administration to raise its offer. “He has to come back with much more money to get the job done,” she said of Mnuchin in an interview with MSNBC.

Reporting by Tim Ahmann; Editing by Andrea Ricci and Bill Berkrot

Source Article

Read more

Pistol-packing GOP House hopeful channels Trump in Colorado

PUEBLO WEST, Colo. — It was a Donald Trump rally, in miniature.

About 200 people, many waving flags and some with open-carry sidearms tucked into holsters or the back of their jeans, joined a “Freedom Cruise” caravan earlier this month that wound through the streets of Pueblo West, a Democratic stronghold in southern Colorado, to cheer on GOP House candidate Lauren Boebert, the favorite to win the race to represent nearly half of Colorado’s landmass in Congress.

Sporting a Glock strapped to her hip, the unabashed, social media-savvy and all-in-for-Donald-Trump businesswoman has electrified the race since pulling off the upset of the summer by soundly defeating five-term GOP Rep. Scott Tipton, who on primary day had President Trump’s endorsement in Colorado’s 3rd Congressional District and was an honorary co-chair of Trump’s reelection campaign in the state.

In her first run for public office, Boebert’s frequent demonization of Democrats as gun snatchers and job killers who are using the coronavirus pandemic to expand government at the expense of individual liberties resonates widely in a district that is the size of Pennsylvania and, in many ways, reflects the nation’s political divides.

“Scott Tipton was a good guy, but he just wasn’t out there in people’s faces. She was out there,” said Tom Ready, 76, a retired dentist who sits on the Pueblo County GOP executive committee. “She’s challenged the gun grabbers of the Democratic Party.”

And her lack of political experience?

“She’ll learn fast. Big deal. I’m tired of career politicians telling us how to live,” Ready said.

Two of the county’s largest cities, Grand Junction and Pueblo, are traditional Republican and Democratic strongholds, respectively. Most of its 29 counties depend heavily on agriculture. Billions are spent on tourism in glitzy Aspen, Steamboat Springs and other resort towns. Public lands advocates clash with an oil, gas and coal industry that employs thousands.

The evening in a Pueblo West park was key to Boebert’s two-pronged strategy to win the mostly rural district: She is traveling thousands of miles to put herself before groups of voters and also is mounting an aggressive social media campaign that has won over national Republicans, including the president, by echoing Trump’s own tweets on socialism, unrest in Democrat-led cities and reopening under the pandemic.

“Look at me. I am the American dream,” the 33-year-old Boebert told the crowd. She says her family grew up in poverty, dependent on government welfare, until a fire was lit with her first paycheck from a western Colorado McDonald’s that led to her owning the Shooters Grill restaurant in Rifle.

“I went from a girl standing in line for government cheese to receiving an invitation to see the president of the United States,” Boebert said to cheers, having attended Trump’s White House acceptance of his renomination.

Boebert’s Democratic opponent is Diane Mitsch Bush, a retired sociology professor, former state lawmaker and county commissioner from the trendy ski town of Steamboat Springs who is making her second run for the seat.

Mitsch Bush wants

Read more