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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
A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
A Phil Hall Op-Ed: During the final weeks of his too-short life, Charlie Kirk raised several red flags about the state of the housing market. His messaging deserves to be heard again. In July, Kirk used an appearance on Fox News to raise a taboo subject that neither...
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...
NEWS & CURRENT EVENTS
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Under the order, the Department of Labor will review and update the guidance under the Employee Retirement Income Security Act (ERISA) of 1974. Continue Reading Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
New Mexico MLS to Require Floor Plans in All Property Listings
this is a standard feature in other countries including the UK, Australia and Sweden. Continue Reading New Mexico MLS to Require Floor Plans in All Property Listings
Living Realty Joins Keller Williams
Since Jan. 1, 2023, Living Realty has sold more than $1.1 billion in real estate. Continue Reading Living Realty Joins Keller Williams
IMF Warns of Housing Affordability Crisis in The Bahamas
The study went one step further by questioning what the local population is being paid. Continue Reading IMF Warns of Housing Affordability Crisis in The Bahamas
Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
Seth Adam Depiano was sentenced in 2018 to more than 12 years in prison for running a $24 million fraud scheme. Continue Reading Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
California Home Sales Up Nearly 20% Year-Over-Year
The December statewide median price of $861,020 was up by 1% from November’s price of $852,880. Continue Reading California Home Sales Up Nearly 20% Year-Over-Year
Appraisal Foundation Seeks Candidates for Board of Trustees
The board meets twice a year and trustees are reimbursed for travel expenses only. Continue Reading Appraisal Foundation Seeks Candidates for Board of Trustees
Hits and Misses for the Real Estate Week of Jan. 13-17
New leaders for the FHFA and HUD, the status quo at the CFPB and State Farm staying out of the TV spotlight. Continue Reading Hits and Misses for the Real Estate Week of Jan. 13-17
HUD Charges Texas Homeowners Association with Discrimination
The Charge alleged that Providence Homeowners Association twice enacted these rules to reduce the number of Black families in the town. Continue Reading HUD Charges Texas Homeowners Association with Discrimination
Clear Investment Group Acquires DC-Based Multifamily Complex
The financial terms of the acquisition were not disclosed. Continue Reading Clear Investment Group Acquires DC-Based Multifamily Complex
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