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Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Kentucky Home Sales and Prices in August Decline
Kentucky recorded 4,581 home sales in August, a 4.23% decline from the prior month but also a 5.9% year-over-year increases. According to data from Kentucky Realtors, the state recorded 6,320 new listings last month, an 8.71% decline from July and a 0.8% uptick from...
South Dakota Task Force Seeks Public Input on Property Tax Relief
South Dakota has become the latest state to put a renewed focus on property tax relief with an upcoming legislative task force meeting that will hear input from homeowners. The Comprehensive Property Tax Task Force will meet on Sept. 22 at the South Dakota State...
Landmark Group Joins The Real Brokerage
The Real Brokerage Inc. (NASDAQ: REAX) announced that Landmark Group, a brokerage serving the Washington, DC metropolitan area, has joined the company. Founded in 2008 and led by Bernadette Cole, Landmark Group brings more than 250 agents who serve the District of...
NEWS & CURRENT EVENTS
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
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Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
“Your efforts to dismantle the CFPB are dangerous, and we will fight them at every turn,” the lawmakers stated. Continue Reading Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
Indiana Developer Sentenced for Real Estate Fraud Scheme
In addition to the prison term, Whalen was sentenced to three years of supervised release. Continue Reading Indiana Developer Sentenced for Real Estate Fraud Scheme
Trump Nominates Jonathan McKernan to Become CFPB Director
McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. Continue Reading Trump Nominates Jonathan McKernan to Become CFPB Director
Mortgage Application Activity, Credit Availability on the Rise
The MBA’s Mortgage Credit Availability Index (MCAI) rose by 2.5% to 99.0 in January Continue Reading Mortgage Application Activity, Credit Availability on the Rise
Zillow and Redfin Partner on Multifamily Rental Listings
“We believe it will increase our overall traffic,” said Redfin CEO Glenn Kelman. Continue Reading Zillow and Redfin Partner on Multifamily Rental Listings
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
January Foreclosure Activity Up 8% Month-Over-Month
Lenders started the foreclosure process on 20,994 properties in January. Continue Reading January Foreclosure Activity Up 8% Month-Over-Month
Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions
False Name Contribution is a class C felony offense punishable by up to five years in prison and a $10,000 fine. Continue Reading Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions
Mid-Atlantic Home Sales Up in January
As for the cost of housing, the region’s $390,000 median sold price marked a 5.4% year-over-year upswing. Continue Reading Mid-Atlantic Home Sales Up in January
Century 21 Real Estate in Partnership with Major League Soccer
Century 21 will serve as the Official Real Estate Services Partner of MLS, the MLS All-Star Game, and the MLS Cup. Continue Reading Century 21 Real Estate in Partnership with Major League Soccer
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