The National Association of Realtors (NAR) is facing a new federal class-action lawsuit that accuses the trade group of violating antitrust laws. The lawsuit was filed earlier this week in South Carolina and accuses NAR and a listing broker affiliated with Keller...
Housing affordability in California slumped to its lowest level since 2007, according to data from the California Association of Realtors (CAR). Fewer than one in five home buyers (15%) were able to afford a median-priced, existing single-family home in California...
The longtime San Francisco home of Oscar-winning comic actor Robin Williams has been listed for sale at $25 million. Located in the city’s Sea Cliff neighborhood, the Italian Renaissance-style mansion covers roughly 11,000-square-foot residence was built in 1926 and...
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.62% of all loans outstanding at the end of the third quarter, according to new data from the Mortgage Bankers Association (MBA). The third...
The retailer Lowe’s (NYSE:LOW) is launching Home Repair Workshops, where store associates will teach customers the basics of home repair and maintenance through live, interactive workshops. Beginning on Nov. 11, Home Repair Workshops will be hosted in 100 stores...
Mortgage rates were in decline this week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.5% as of Nov. 9, down from last week when it averaged 7.76%. A year ago at this time, it...
Hits and Misses for the Real Estate Week of May 4-8
