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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
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
The blockchain company ByteFederal has unveiled a pilot program in Florida that will enable the use of Bitcoin for property purchases, with settlements delivered in US dollars to sellers. Bitcoin Magazine reports the service is aimed at new construction properties and...
Existing Home Sales Down, Median Home Price at New High
Existing home sales during June were down 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to data from the National Association of Realtors (NAR). There was no change in sales on a year-over-year basis. On regional...
Mortgage Application Activity Inches Up Again
Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
NEWS & CURRENT EVENTS
Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
“Nationally, dwelling prices rose by 4.9% over 2024 and by a further 0.7% over the first three months of 2025,” the report said. Continue Reading Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
New California Competition Focuses on Creating Fire Resilient Passive House Designs
A total prize pool of $7,000 will be distributed to the winners. Continue Reading New California Competition Focuses on Creating Fire Resilient Passive House Designs
NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
The bill passed this morning in a 215-214 House vote. Continue Reading NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Fannie Mae and Freddie Mac were put in federal conservatorship in September 2008. Continue Reading Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
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Global Analyst Poll Predicts Continued Evaporation of Affordable Homeownership Opportunities
The world’s major economies will continue to face rising house prices and diminished affordable homeownership opportunities in the near future, according to a Reuters poll of roughly 100 property analysts in the U.S., Canada, the U.K., Germany, India, Australia and...
GO Mortgage and PacRes Mortgage Announce Merger
GO Mortgage CEO Michael Isaacs will become the chief executive of the combined company. Continue Reading GO Mortgage and PacRes Mortgage Announce Merger
Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores
99 Cents Only Stores was operating 377 real estate assets at the time of its bankruptcy filing last month. Continue Reading Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores
More Renters Are Staying Put Longer
“The uptick in tenure is beneficial for renters and their landlords,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading More Renters Are Staying Put Longer
Most Homebuyers Are Not Shopping Around for a Mortgage
Baby boomers were the least likely to comparison shop (28%) while millennials were most likely. Continue Reading Most Homebuyers Are Not Shopping Around for a Mortgage
One-Third of Canadians Predict Bank of Canada Rate Cut Next Week
Most Canadians believe lower interest rates will make it more affordable for covering mortgage costs. Continue Reading One-Third of Canadians Predict Bank of Canada Rate Cut Next Week
Groundbreaking at Austin-Area Micro-Home Rental Community
Residents in the new development will be able to rent one- or two-bedroom units. Continue Reading Groundbreaking at Austin-Area Micro-Home Rental Community
Maui County Donates 7 Lots to Nonprofit for Affordable Housing
The nonprofit plans will develop 50 homes on the lots for sale as residential homes to low- and moderate-income households. Continue Reading Maui County Donates 7 Lots to Nonprofit for Affordable Housing
Katharine Hepburn’s Former NYC Home Listed for $7.2 Million
Hepburn’s estate sold the property in 2004 for $3.9 million. Continue Reading Katharine Hepburn’s Former NYC Home Listed for $7.2 Million
Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
Greg Williams was fired roughly one month after he was promoted from comptroller. Continue Reading Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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