This article is adapted from written testimony presented before a recent hearing of the U.S. Senate Subcommittee on Housing, Transportation, and Community Development. I am a lawyer who supervises a practice group at Mid-Minnesota Legal Aid in Minneapolis. My practice...
A realtor in Beverly Hills accused of burglarizing the homes of the rich and famous has pleaded no contest to the charges brought against him. According to a Beverly Hills Patch report, Benjamin Eitan Ackerman is accused on break-ins that occurred in 2017 and 2018 at...
Lafayette, Indiana, held the top spot in the latest Wall Street Journal/Realtor.com Emerging Housing Markets Index. The newly-released second quarter results were a triumph for Midwest markets that occupied the top 10 rankings, with Indiana occupying the top three...
The latest housing market statistics showed a drop in home sales last month and a lower level of mortgage application activity last week. Sales of new single‐family houses in June were at a seasonally adjusted annual rate of 697,000, according to estimates published...
There is more unpleasant real estate news from San Francisco – according to Redfin (NASDAQ:RDFN), luxury home prices in San Francisco are falling faster than anywhere else in the nation. The median sale price of luxury homes in San Francisco plummeted by 12.7%...
The Mortgage Bankers Association (MBA) published its Home Equity Lending Study for the first time since 2020 and determined originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans were up 50% in 2022 compared to two years...
Hits and Misses for the Real Estate Week of May 11-15
