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ALTA Applauds Ohio Attorney General on Consumer Exploitation Lawsuit
The American Land Title Association (ALTA) applauds Ohio Attorney General Dave Yost for his efforts to combat unfair and deceptive practices in the Ohio real estate market by filing a complaint against Florida-based real estate brokerage MV Realty. ALTA advocates for...
US Housing Market Overvalued by $200 Billion Due to Unpriced Climate Risks
Source: Environmental Defense Fund --- A new study published in the journal Nature Climate Change examines the potential cost of unrealized flood risk in the American real estate market, finding that flood zone property prices are overvalued by US$121–US$237 billion....
Real Estate newsletter: Luxury finds a new extreme
Source: LA Times --- Welcome back to the Real Estate newsletter. It’s been a relatively quiet summer on the luxury front, but this week, we finally saw the extremes that the Southern California market is capable of. First, we stopped by a dinner party in West...
Las Vegas’ housing market cooling faster than others
Source: Review Journal --- In more ways than one, Las Vegas’ housing market is getting doused with cold water. People are buying fewer homes, sellers are slashing their prices, and availability is soaring. Southern Nevada is far from alone in seeing its once-sizzling...
Redfin: These housing markets are the most at risk of falling home prices
Source: Fortune --- Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As more...
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