Articles written by Eric McConnell - Benzinga

$2.7 Million Bottle Of Macallan 1926 Breaks World Record For The Most Expensive Scotch Ever Sold

Irish Whiskey Breaks Macallan's Record for Most Expensive Bottle Ever Sold After Auctioning for Nearly $2.8 Million

Canadian Government Makes $1.5 Billion Investment In Affordable Housing

Canada Prime Minister Justin Trudeau recently announced his government will set aside $1.5 billion to boost the nation's affordable housing stock.

$93 Billion Real Estate Giant Is Betting The Market Is About To Hit Rock Bottom

A global real estate giant with $93 billion in assets under management believes the market is near rock bottom and it's time to invest.

Could America's Homeowners Be Making The Country's Housing Crisis Worse?

Developer Default Leaves Brooklyn, New York's Tallest Building On Foreclosure List

A major developer's default on a loan worth nearly $250 million has left this Brooklyn, New York, skyscraper on the foreclosure list.

Could An Algorithm Be Why You Can't Afford The Rent?

These Two Data Points Illustrate The Reality That America Has Two Housing Markets

While most Americans struggle with a lack of affordable housing, 550 cities in the country have homes with median prices over $1 million.

Three Chinese Citizens Killed After Windstorm Pulled Them Out Of Closed Windows In New Housing Development. Is Public Corruption To Blame?

A high-strength windstorm in China killed three people after sucking them out of a closed window at their new home in a housing development.

Why Are Home Prices Plummeting By 40% In Oakland, California?

Real Estate prices are falling by up to 40% in some Oakland, California, neighborhoods. Is this a statewide correction or a regional issue?

Why The Closing Of The Tropicana Hotel Marks The End Of An Era In Las Vegas Real Estate

The closing of the Tropicana Las Vegas marks the beginning of a new chapter in the city's real estate industry and global image.

This Sun Belt City Was Just Named America's No. 1 Retirement Destination

Low crime, a high standard of living and quality healthcare are why Scottsdale, Arizona, has been named America's No. 1 retirement destination.

The Biggest Fight In Real Estate Is Playing Out Behind The Scenes As An Ultra-High-Stakes Poker Game

How Going Dutch Could Reshape America's Mortgage Industry

In the Netherlands, the interest rate on mortgages declines as the borrower gains equity. Could this system work in the United States?

Pushback Coming From Surprising Places After Revelation That Investors Bought 25% Of America's Affordable Housing Stock In 4th Quarter

How To Invest Like A 1 Percenter

Biden Administration Announces Intent To Add 500,000 Starter Homes To America's Housing Inventory

The Biden administration has declared its intent to add 500,000 starter homes to America's housing inventory to alleviate the affordable housing crisis.

Could Lennar Homes' Tiny House Community In San Antonio Be The Answer To America's Affordable Housing Crisis?

Homebuilder Lennar Corp. has constructed a community of tiny houses in San Antonio, Texas. Could this be a look at the future of affordable housing in America?

High Interest Rates Leave Germany's Housing Market Facing A Wave Of Developer Bankruptcies And Spiraling Costs

Germany, which has long been the bell-cow of the European economy, has a housing market that is struggling with costs and high interest rates

Could The Cure For California's Insurance Crisis Be Worse Than The Disease?

California is considering rules that give home insurers flexibility to raise premiums based on future climate risk to solve the state's insurance crisis.