The listing price on a Beverly Hills mansion with a history of A-list Hollywood residents has reduced to $19.9 million from the $22.9 million from its initial offer posted in June. Architectural Digest reported the 15,500-square-foot estate was built in 1941 and...
The U.S. Department of Housing and Urban Development (HUD) is awarding $24 million from its $56 million FY 2023 budget to support 57 fair housing organizations through the Fair Housing Initiatives Program (FHIP). According to HUD, these funds are being directed to...
Hawaii Gov. Josh Green announced that his state is now conducting probes into individuals who allegedly made unsolicited property purchase offers to residents in Lahaina, the center of the wildfire destruction on Maui. Green issued an emergency proclamation on Aug. 19...
Three new data reports have concluded that more people are taking out mortgages and are willing to pay more for their properties, while fewer people who already own homes are having problems paying back their home loans. Uptick in Lending: ATTOM’s 2023 U.S....
Mortgage rates recorded a decline but still remained above the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB:FMCC). The 30-year fixed-rate mortgage averaged 7.18% as of Aug. 31, down from last week when it averaged 7.23%. A year...
Elon Musk is reportedly under two separate federal investigations for using corporate funds from Tesla (NASDAQ:TSLA) on a secret project to build himself a glass house residence in Austin. The Wall Street Journal, sourcing its coverage from unnamed “people familiar...
Hits and Misses for the Real Estate Week of May 11-15
