The Southern California ranch that was once owned by movie legend John Wayne was sold for $11.3 million after being on and off the market for five years. The 2,000-acre property in Hemet, located roughly two hours from Los Angeles, is called Ranco Pavoreal and was...
Illinois Gov. JB Pritzker unveiled a $15 million homebuyer program designed to help increase home purchase accessibility for low- and moderate-income individuals, families and seniors. The new HFA1 program is administered by the Illinois Housing Development Authority...
The median asking price for rental housing was $1,995 in May, a 0.6% year-over-year decline, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual decline since March 2020, the first annual decline since March 2020 and a significant shift...
Migration patterns by baby boomers and millennials during the first quarter of this year had little in common, according to data released by Bank of America (NYSE:BAC). During the first three months of 2023, Las Vegas, Phoenix, Tampa and Orlando were among the most...
A total of 35,196 U.S. properties carried foreclosure filings in May, according to new data from ATTOM. This represents a 7% increase from April and a 14% spike from May 2022. Nationwide, one in every 3,967 housing units had a foreclosure filing last month. The states...
Five federal regulatory agencies have requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions. “The proposed guidance advises on policies that financial institutions may implement to allow...
