Real Estate News & Insights
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
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
New Listings of Homes Down 22.4%
Redfin found nearly half of homes on the market are selling within two weeks. Continue Reading New Listings of Homes Down 22.4%
European Commercial Real Estate Deals at 11-Year Low
Approximately $40.3 billion in transactions occurred during the quarter, down 62% from one year earlier. Continue Reading European Commercial Real Estate Deals at 11-Year Low
New Forecast Points to Continued Challenges in Canada’s Housing Market
“Affordability will continue to deteriorate through 2023, in both the ownership and rental markets,” said CMHC Chief Economist Bob Dugan Continue Reading New Forecast Points to Continued Challenges in Canada’s Housing Market
National Retail Properties Changing Name to NNN REIT
The company owns 3,411 properties in 48 states. Continue Reading National Retail Properties Changing Name to NNN REIT
MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
Broeksmit said the changes “were meant to address some anomalies in the previous pricing structure.” Continue Reading MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
Asking rents in March averaged $3,344, a new record. Continue Reading A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
Spotlight On: FHFA’s Proposed Rulemaking on Fair Lending Oversight
“The way I look at it, there are a lot of things about this rule that need to be changed,” said The Lincoln Institute’s Jim Gray. Continue Reading Spotlight On: FHFA’s Proposed Rulemaking on Fair Lending Oversight
The 30-Year Fixed-Rate Mortgage Inches Up Again
“Rates should gently decline over the course of 2023,” said Freddie Mac Chief Economist Sam Khater. Continue Reading The 30-Year Fixed-Rate Mortgage Inches Up Again
Pending Home Sales Down for First Time in Four Months
“The lack of housing inventory is a major constraint to rising sales,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Down for First Time in Four Months
Realtor.com Looks Beyond the Stars with ‘Guardians of the Galaxy Vol. 3’ Promotion
Securing a home on Earth can be challenging to some, but finding an abode in the outer edges of the universe takes an additional skill set. Realtor.com announced it has teamed with the upcoming film release “Marvel Studios' Guardians of the Galaxy Vol. 3” to explore...
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