hopeful

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.

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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

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

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.

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