National Grid Scams

National Grid has issued a warning to its customers about scammers who are posing as representatives of the company. These fraudsters are using various tactics, such as phone calls and in-person visits, to deceive customers. One common scam involves the scammer claiming that the customer has a past due balance on their utility bill and demanding immediate payment to avoid having their power shut off….

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Military Rental Scams

Military families often face frequent relocations, moving every two to three years to new duty stations. During these transitions, they may encounter rental scams that can be difficult to detect. To avoid falling victim to these scams, it’s important to be aware of the common tactics used by scammers and take proactive steps to protect yourself. Rental listing scams can take various forms. Scammers may…

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Residential Real Estate Investors from China and the UK: Florida and Texas appeal

Chinese and British buyers have increasingly turned their attention to the real estate markets in Florida and Texas, drawn by the affordability, economic growth, cash flow and lifestyle opportunities these states offer. In Florida, the real estate market has long been a magnet for foreign investors. Chinese buyers, in particular, have shown significant interest, although recent legislation has introduced challenges. The state enacted a law…

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British pound reaches highest value against US dollar in a year

The British pound soared to its highest point against the US dollar in a year on Wednesday, driven by investor expectations that UK interest rates will remain elevated for an extended period. The surge in the pound’s value came after recent data revealed that inflation was proving to be more persistent than anticipated by some economic analysts. Consequently, traders significantly reduced their expectations for a…

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Foreign Real Estate Investors in the US

In recent times, the U.S. housing market has witnessed a significant downturn in sales to foreign buyers, hitting the lowest level since 2009. According to the National Association of Realtors (NAR), only 54,300 previously occupied U.S. homes were purchased by non-U.S. citizens in the 12 months ending in March 2024. This represents a sharp 36% decline compared to the same period the previous year. The…

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