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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
Asking Rents Down for Fourth Straight Month
The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
Mortgage Application Activity Up 9.4%
Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
NEWS & CURRENT EVENTS
Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property
Londa Neal was arraigned on the charges of 2nd Degree Forgery, Abuse of a Vulnerable Adult, and Attempted Theft by Taking. Continue Reading Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property
Pending Home Sales Jump by 6.1%
Year-over-year, pending transactions were down by a mild 0.6%. Continue Reading Pending Home Sales Jump by 6.1%
Trump Organization to Create Hotel and Tower in Dubai
The project will be the first Trump International Hotel & Tower in the Middle East. Continue Reading Trump Organization to Create Hotel and Tower in Dubai
The Best Months for Selling a Home Are…
As for the best days of the year to sell a home, ATTOM concluded May 27 was the top choice on the calendar. Continue Reading The Best Months for Selling a Home Are…
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Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Redfin also reported more than one-third of purchases from February were all-cash transactions. Continue Reading Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Alamo Drafthouse Cinema Chain Reportedly Up for Sale
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Brooklyn’s Tallest Building Going to Public Foreclosure Auction
The 93-story residential Brooklyn Tower was completed last year by JDS Development. Continue Reading Brooklyn’s Tallest Building Going to Public Foreclosure Auction
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
The house was added to the National Register of Historic Places on Jan. 3, 1978. Continue Reading Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
The combined portfolio comprises 48 properties within infill submarkets in Los Angeles and Orange counties. Continue Reading Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
Publisher’s View: How the NAR Settlement is a Step Towards Ethical Real Estate Practices
Publisher's View: In a recent publication by the National Association of Realtors (NAR) titled "The Truth About the NAR Settlement Agreement," significant strides toward transparency and ethical conduct within the real estate industry are illuminated. This...
Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
The company now has a 33.8% office vacancy rate, which it attributed to slow growth and layoffs Continue Reading Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
Fraudster Sentenced in Brooklyn Real Estate Scam
Regine Norman was also ordered to pay restitution totaling $842,000. Continue Reading Fraudster Sentenced in Brooklyn Real Estate Scam
Mortgage Rates Drop Slightly
The 30-year fixed-rate mortgage averaged 6.79%, down from last week when it averaged 6.87%. Continue Reading Mortgage Rates Drop Slightly
North Las Vegas Repurchases Land from Abandoned Medical Property Development
spokesperson for the city said the developer did not provide a reason why the construction never happened. Continue Reading North Las Vegas Repurchases Land from Abandoned Medical Property Development
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