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Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom announced his support for new legislation designed to ensure that homeowners lenders benefit from the interest earned on insurance payouts, particularly those impacted by the recent Los Angeles County destructive wildfires. California law...
Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home

Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 15% of California homebuyers could afford to purchase a median-priced, existing single-family home in the state during the fourth quarter of 2024, according to the latest data from the California Association of Realtors’ Housing Affordability Index. This is down...
Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast

Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Companies (NYSE: RKT) tapped into yesterday’s Super Bowl LIX broadcast to debut its “Own the Dream” integrated marketing campaign. The Detroit-headquartered company premiered the campaign with a 60-second commercial during the game’s second quarter. Using the...
Hits and Misses for the Real Estate Week of Feb. 3-7

Hits and Misses for the Real Estate Week of Feb. 3-7

by Phil Hall | Feb 7, 2025 | Hits and Misses, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New leadership at federal agencies, a possible cause for some of the Los Angeles wildfires, and new HGTV shows that don’t seem very new. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 3-7. Hit: The Right Man for the...
Colorado Lawmakers Consider Bill to Allow Housing Built on Church Land

Colorado Lawmakers Consider Bill to Allow Housing Built on Church Land

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

A new bill in the Colorado legislature will enable churches and other religious institutions to build housing on their land, even if the property is not zoned for residential construction. Colorado Sun reports House Bill 1169 is sponsored by Rep. Andrew Boesenecker...
‘Keeping Up with the Kardashians’ Home Listed for $13.5 Million

‘Keeping Up with the Kardashians’ Home Listed for $13.5 Million

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

One of the most recognized residences in the world of reality television is now listed for sale. The New York Times reports the mansion in the swanky Los Angeles enclave of Hidden Hills that was the setting for “Keeping Up with the Kardashians” is now on the market...
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