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Second Round of California Dream for All Loan Program to Roll Out

Second Round of California Dream for All Loan Program to Roll Out

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Dream for All program, a loan application for first-time home buyers, will allocate $250 million its second annual round beginning on April 3. According to a KQED report, last year’s inaugural cohort allocated roughly $300 million of funding within 11...
USC Debuts Online Certificate in Real Estate Law

USC Debuts Online Certificate in Real Estate Law

by Phil Hall | Apr 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The University of Southern California Gould School of Law is now offering an online certificate in Real Estate Law. According to the school, the new certificate focuses on “the practical application of real estate laws to real-world scenarios, providing students with...
White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’

White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’

by Phil Hall | Apr 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Biden administration is staying out of the growing problem of homeowners having their properties taken over by squatters who can only be evicted through lengthy and costly legal proceedings. During yesterday’s White House news briefing, Press Secretary Karine...
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a new data report that will not be welcome by those seeking to buy existing homes, more than three-quarters (78%) of older homeowners plan to stay in their current home as they age. A new survey of 3,000 homeowners and renters by Redfin (NASDAQ: RDFN),...
Zillow: US Has 550 Million-Dollar Cities, a New Record High

Zillow: US Has 550 Million-Dollar Cities, a New Record High

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. recorded a new high of 550 “million-dollar” cities — where the typical home is worth $1 million or more — according to a data analysis by Zillow (NASDAQ:Z, ZG). This is 59 more from 2023. Zillow noted the typical U.S. home is worth 4.2% more than...
CoreLogic: Annual Home Price Growth Up 5.5% in February

CoreLogic: Annual Home Price Growth Up 5.5% in February

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family home prices were up in February by 5.5% year-over-year, according to new data from CoreLogic. On a month-over-over measurement, prices were up by 0.7%. Among states, South Dakota ranked first for annual appreciation in January (up by 13.8%), followed by...
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