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Justice Department Sues Six Corporate Landlords for Algorithmic Pricing Scheme

Justice Department Sues Six Corporate Landlords for Algorithmic Pricing Scheme

by Phil Hall | Jan 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) and 10 state attorneys general filed an amended complaint in its antitrust lawsuit against the software company RealPage to sue six of the nation’s largest landlords for allegedly using algorithmic pricing schemes to inflate the...
Three Wildfires Scorch Los Angeles County; Tens of Thousands Evacuated

Three Wildfires Scorch Los Angeles County; Tens of Thousands Evacuated

by Phil Hall | Jan 8, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Three wildfires fueled by hurricane-force winds tore through Los Angeles County from Tuesday into Wednesday morning, forcing tens of thousands of residents were under mandatory evacuation orders. According to combined media reports, the fires were first reported at...
Trump: ‘Interest Rates Are Far Too High’

Trump: ‘Interest Rates Are Far Too High’

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

President-elect Donald Trump declared that interest rates remain too high and inflation is still too elevated for comfort, comments that could be seen as a resumption of his tensions with the Federal Reserve. At a press conference this morning at his Mar-a-Lago club...
Zillow’s Prediction for the Hottest Major Housing Market Is…

Zillow’s Prediction for the Hottest Major Housing Market Is…

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in search of a hot housing market are being advised to shuffle off to Buffalo – Zillow (NASDAQ: Z, ZG) has named the upstate New York city as its hottest major housing market for 2025. This is the second straight year that Zillow has praised Buffalo’s...
Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has determined that roughly one-third (34%) of homeowners claim they will never sell their home, while another 27% say they wouldn’t consider selling for at least 10 years. A recent Redfin analysis found that just 25 of every...
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