The City of Chicago has filed a lawsuit against Airbnb (NASDAQ: ABNB) that alleges the short-term rental home company and one of its hosts improperly listed numerous properties. The Chicago Sun-Times reports the lawsuit, which was filed Monday in Cook County Circuit...
Mortgage application activity benefited from a bump-up in refinance action for the week ending June 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1% on a...
Toll Brothers Inc. (NYSE: TOL) has announced its newest community will be Kennemore, located in the Atlanta suburb of Alpharetta, Georgia. Kennemore will feature distinctive home designs ranging from 3,600 to 5,000-plus square feet with two- and three-car garages plus...
The Department of Housing and Urban Development (HUD) has unveiled 14 policy changes to the Federal Housing Administration (FHA) Single Family mortgage insurance program that are designed to lower costs, reduce regulatory burdens, and improve affordability for...
Most Americans believe it is better to buy a home than to live in rental housing, according to the latest Bank of America Homebuyer Insights Report. This marks the first time in three years that report respondents favored homeownership over renting. Sparks Research...
Alabama recorded 6,938 home sales in May, an increase of 11.7% from the 6,214 transactions recorded one year earlier. According to the Alabama Association of Realtors, the 21,241 active listings at the end of May mark an increase of 7.8% compared to 19,709 one year...
