Nearly half (47.7%) of mortgaged residential properties were considered equity-rich in the fourth quarter of 2024, according to data from ATTOM. That level is slightly lower from the 48.3% in the third quarter and from a recent peak of 49.2% in the second quarter –...
A Pennsylvania museum focused on a historic flood was forced to close indefinitely because its building was flooded. WJAC.com reports the Johnstown Flood Museum experienced a valve failure on the building’s third floor, with water pouring through the walls. The...
President Trump resumed his public dissatisfaction with Federal Reserve Chairman Jerome Powell after yesterday’s decision by the central bank not to lower the federal funds rate. In a posting on Truth Social, Trump declared, “Because Jay Powell and the Fed failed to...
The nonprofit Realtors Relief Foundation (RRF) has provided a $1 million grant to the California Association of Realtors for disaster relief support of the families impacted by recent Los Angeles County wildfires. All donations to RRF made through Feb. 7 will go...
The San Diego Housing Commission has halted the issuance of Section 8 vouchers, citing a lack of federal funding to cover current and future commitments. KPBS reports the commission announced it would not be able to issue project-based vouchers for several years. The...