Monopolies of homebuilders are contributing to a housing crunch in the U.S., preventing millions of residents from buying a home, says Johns Hopkins economist Luis Quintero
U.S. home prices fell in April from a year earlier, the first year-over-year price decline in 11 years as higher mortgage rates made home purchases more expensive.
The I-TEAM found more than 9,600 houses across Duval County are owned by such investors their real estate investments generate wealth for clients, rather than local families.