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This Week’s $76 Grocery Shopping Trip

[ad_1] I had been under budget the past few weeks, so I used a little extra to use on groceries this week. I went to Aldi to get some of their deals + basic supplies. I had a little helper with me! Butter was on sale for $1.99 — which is the cheapest it ever goes here! If you need butter and have an Aldi nearby, go stock up and fill your freezer! Also, check to see if your Aldi has canned pumpkin for $0.95/can. This is the best deal I’ve found locally so far! Here’s everything we bought at Aldi. Kroger has 10-lb. bags of potatoes for $1.97 each. You can buy up to 5 with the Kroger digital coupon — this is such a great deal! I bought 30 pounds and am planning lots of potato-themed recipes the next few weeks. 32-ounce bags and blocks of cheese are $3.97 each with the digital coupon — and you can get up to 5 bags or blocks! This is also the best deal you’ll ever see on cheese here! Here’s what I ended up buying at Kroger. (The Italian sausage was $2.97 with the digital coupon and the Smoked Sausage was $1.29.) Dinners this week: Chicken Tetrazinni, Potato Soup, Sausage/Potatoes/Sweet Potatoes/Peppers in the crock pot, Italian Meatballs/Mashed Potatoes, Ziti with Ground Pork, Mac & Cheese, Fend for Yourself/Leftovers. [ad_2] Source link

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Better.com forecasts another rough quarter

[ad_1] Vishal Garg, founder and CEO, Better.com Better.com is struggling to deal with the waning influence of refis in the mortgage market, with preliminary results published by their SPAC partner revealing that the digital lender expects a net loss between $85 million and $100 million in the third quarter. And the forecast looks even worse for the fourth quarter, documents show. According to an S-4 filed by Aurora Acquisition Corp. with the Securities and Exchange Commission last week, the digital lender expects further declines in the fourth quarter, that will likely “exceed third quarter losses.” The filing noted that the fluctuations in interest rates – which affect refis more than purchase business – and a recent reorganization of Better’s sales and operations teams has put pressure on the company’s net income and will continue to do so for the foreseeable next quarter, as the company attempts to find footing in a purchase market. In the second quarter, the company also reported a net loss of $86 million. At the time, the company’s spokesperson said that Better was impacted by “the same headwinds as everyone in the industry.” Meanwhile, the New York-based lender predicts that its gain-on-sale margin will be in the range of 1.87% to 1.97% in Q3, up from 1.62% in the second quarter of 2021. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Better.com forecasts another rough quarter appeared first on HousingWire. [ad_2] Source link

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Doritos Nacho Cheese Flavored Tortilla Chips, 1 oz (Pack of 40) only $11.38 shipped, plus more!

[ad_1] Here are a couple of great stock up deals on chips! Amazon has these Doritos Nacho Cheese Flavored Tortilla Chips, 1 oz (Pack of 40) for just $11.38 shipped when you checkout through Subscribe & Save! Or get these Fritos Original Corn Chips, 1 Ounce (Pack of 40) for just $9.99! Sign up for a free trial of Amazon Prime to get free two-day shipping (and possibly one-day or same-day shipping!) with no minimum. If you’re not sure Prime is worth it, read this post for some helpful info to help you decide! And don’t forget you can sign up for Swagbucks to earn free gift cards to use on Amazon deals! [ad_2] Source link

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A Zillow problem…or an iBuying problem?

[ad_1] Zillow CEO Rich Barton. For nearly a decade Lee Kennedy commandeered nuclear submarines for the U.S. Navy and when the Cold War ended, he sought a different path to apply his education in nuclear engineering. Kennedy landed a job at American Savings Bank, later acquired by Washington Mutual, and he helmed the company’s fledging Alternative Valuation Business Unit. By the late 1990s, Kennedy said, data storage and computing power was growing cheaper. Washington Mutual felt increasingly comfortable using data points about a single-family home – when the property was built, its location, available purchase price history – as fuel powering a valuation model to extend someone a home equity line of credit. Fast forward to today, and alternative valuation models – redubbed automated valuation models or AVMs – are deployed to extend credit, appraise a home, and – in the case of iBuyers – even guide when to purchase a home for cash that might be profitable to resell. When Zillow waved the white flag on its iBuying operation earlier this month, CEO Rich Barton couched the company’s price forecasting model as something of a Frankenstein’s monster, an audacious curiosity that proved too dangerous. “Our observed error rate has been far more volatile than we ever expected possible,” Barton said. To some housing executives who routinely use AVMs, Barton’s explanation rang false. “This is not a problem with valuation models,” said Matt Woods, CEO of real estate consulting service Sold.com. “This is a Zillow problem.” But to Kennedy, who for the last 16 years has run AVMetrics in Simi Valley, California, an evaluator of AVMs for client companies, what happened at Zillow is not surprising.   What’s different about Zillow? “Most of my clients are large lending institutions and shy away from publicly admitting a mistake,” Kennedy said. With Zillow out, there are two publicly traded companies, Opendoor and Offerpad, whose predominant business model is iBuying. Both are scaling up rapidly. Opendoor posted a 91% revenue increase to $2.3 billion in its quarter three earnings report released Wednesday. Offerpad revenue grew 30% to $540 million in the third quarter. But neither has found a profitable path even amid a booming housing market. Opendoor lost $56.8 million in the quarter. Offerpad posted a $15.3 million loss, though it was profitable in the second quarter. Kennedy is skeptical that a pricing model can ever work for Opendoor, Offerpad or future iBuyers. Such a model, the engineer pointed out, must assess current value while baking in near-term price fluctuations. “Inflection points in the market are hard to predict,” Kennedy said. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post A Zillow problem…or an iBuying problem? appeared first on HousingWire. [ad_2] Source link

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