California has filed legal action against five local governments for not being in compliance with the state’s Housing Element Law. The law requires California’s cities and counties to update their housing plans every eight years to meet its Regional Housing Needs...
California Attorney General Rob Bonta announced the sentencing of a real estate agent for price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, Mike Kobeissi of Kobeissi Properties was sentenced to 12 months of...
Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
California Attorney General Rob Bonta has filed a lawsuit against PAMA Management, a group of property management and real estate holding companies owned by Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The Nijjar family and...
California Attorney General Rob Bonta announced a settlement with Oakland-based HomeOptions and its CEO Kevin Li that resolves charges of a predatory real estate scheme impacting over 500 homeowners. According to Bonta’s office, HomeOptions lured financially...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
