News

Real Estate Forecast: Will It Rise or Fall This September? Here's What Will Happen in Federal Reserve's Meeting

10 US Cities Where Buyers Are Paying More Money for Smaller Homes

Sean ‘Diddy’ Combs Puts Up Beverly Hills Mansion for Sale for $61M Months After FBI Raid
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?

In a veto letter, Newsom argued that the state only has "finite funding" available and said expanding eligibility should be "carefully considered." 
30% Home Financing Rule Is Dead; Here’s the New Rule for First-Time Buyers Amid Housing Affordability Crisis
The average sticker price for homes in the US is now $439,000, which accounts for nearly 50% of the typical income of a first-time buyer. 
Real Estate Agent To Pay Back $7.4M After Misleading Clients in One of Australia’s Largest Ponzi Schemes
A NSW Supreme Court found that the agent continued to sell apartments to clients despite being aware of the "dishonest practices" of the property developer. 
US Home Listings Grow 35% in August, Houses With Price Cuts Reached the Highest Level in 5 Years
Home listings for properties priced $200,000 to $350,000 posted the largest year-over-year gains in August. 
TV Host Andy Cohen Lists His ‘Dream Home’ in NYC for $14 Million; Features Include Gold Disco Ball, Custom Bar
Cohen's $14 million property is located in the West Village neighborhood and features sweeping views of the New York City skyline. 
15 Fastest-Growing Suburbs in the US Where Homes Sell for Less Than $500,000: Report
The suburbs in the list had a population growth of at least 9% between 2020 and 2022 and homes with values less than $500,000. 
10 Terms Real Estate Agents May Include in Buyer Agreements That Violates NAR Settlement Terms: Report
The NAR imposed changes to its regulations as part of a settlement agreement in a lawsuit accusing it of artificially inflating commissions for real estate agents. 
US Home Sales Fell To Lowest Level Ever Recorded Despite Declining Mortgage Rates
Pending home sales in the US dropped by 5.5% in July even as mortgage rates declined from the 8% peak in October 2023. 
Elon Musk Moves to Foreclose on $13 Million 'Willy Wonka' Home After Loaning Owners $6.7 Million
Musk sold the 2,750-square-foot home to Jordan Walker-Pearlman, nephew of late Hollywood royalty Gene Wilder, in 2020 for $7 million. 
US Buyers Must Earn $80,000 To Afford a Typical Starter Home; Median Earners Priced Out of 25 Housing Markets
Median workers in the United States earn $59,436 yearly, about $20,000 less than needed to afford a typical starter home.