0 minute readSEC records show that Accredited COO Joseph Lydon liquidated nearly $400K of his company’s stock on March 13 as part of a forced liquidation under a loan and pledge agreement with Merrill Lynch — the same day the company first publicly disclosed a liquidity crisis.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio