The California Department of Insurance has launched an enforcement action against State Farm General Insurance Company after an investigation revealed the company’s mishandling of claims filed by survivors of the 2025 Los Angeles wildfires. According to the...
A California hotel that can trace its operations back 150 years ago has been sold to a Native American tribe. The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. The federally recognized tribe’s San...
Single-family home prices during March were up by 0.4% on both a month-over-month and year-over-year measurement, according to a data report from Cotality. Among states, Illinois saw the most annual growth in March, increasing by 5.7%. It was followed by New Jersey...
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, is rejected a renewed effort by UWM Holdings Corporation (NYSE: UWMC) to revive its canceled merger plans. In March, Two Harbors announced a merger agreement...
A total of 5,946 homes were sold in April through the Toronto Regional Real Estate Board’s (TRREB) MLS System, a 7% year-over-year increase. The surge in home sales occurred despite a 9.3% year-over-year decline in new listings, which totaled 17,097 last month. On a...
The property data provider ATTOM announced rollout of an updated automated valuation model (AVM) that is being promoted as a “a ground-up, AI-first rebuild designed to move beyond the limitations of traditional comparable-sales-based valuation models.” According to...