News
Biden Announces Plan To Curb Annual Rent Hikes by Penalizing Landlords
Newly Built Homes Will Continue Getting Smaller Due to High Constrcution Costs: Report
King Charles Allegedly Purchased a $6M Condo in New York City’s Billionaires’ Row
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
One real estate expert said Trump could push the Federal Reserve to lower its interest rates. The US presidential election is fast approaching, and with the housing market struggling with affordability, some experts are speculating about the potential impact of Donald Trump winning. 
This Billionaire Just Purchased the Most Expensive Home Ever in San Francisco City
The sellers originally wanted $100 million for the San Francisco property. Laurene Powell Jobs, a billionaire investor and philanthropist through her Emerson Collective and widow of Apple founder Steve Jobs, just bought the most expensive single-family home ever recorded in San Francisco history. 
Over Half of Gen Zers Are Now Willing to Purchase Fixer-Uppers Amid US Housing Affordability Crisis: Survey
In addition, 56% of Gen Zers said they would be willing to put in an offer on a home with asbestos amid soaring home prices and mortgage rates. 
More Than 170,000 Americans Have Already Lost Their Homes to Foreclosure in 2024: Report
Foreclosure filings in the first half of this year are up 7.8% from the same period in 2022. Thousands of Americans stood to lose their homes in the first six months of 2024 as more than 170,000 homes in the United States had foreclosure filings. 
One of California’s Largest Home Insurers Plans To Raise Insurance Rates by More Than 30%
The increase would vary from home to home, with premiums for some houses to increase as much as 647%. 
Upstate New York Property Previously Owned by Sylvester Stallone Lists for $4.29M
The property offers 180-degree views of the Hudson River and over 4,600-square-feet of living space. 
FBI Investigates Alexander Brothers Over Rape, Sexual Trafficking Allegations: Report
FBI agents are reportedly investigating reports spanning at least two decades. The Federal Bureau of Investigation (FBI) has launched an investigation into the Alexander brothers, who are part of a prominent family in luxury real estate, over accusations of rape and sex trafficking. 
Rent Prices Are Dropping at Record Rates in Florida and Texas Metro Areas: Report
Asking rents dropped by over 12% in Jacksonville, Florida in June. The median asking apartment rent has dropped at record-breaking rates year-over-year in some of the most populous metro areas in Florida and Texas. 
Here’s What Experts Say Could Happen to Mortgage Rates After the July Fed Meeting
The Federal Reserve has said it will cut benchmark rates if inflation falls to 2%. The Federal Reserve is set to meet this month to discuss whether inflation has gone down to its target level and whether it could cut its benchmark rate. 
US Housing Market May See a ‘Massive’ Bubble Burst: Real Estate Analyst
An expert said the waning demand for homes in Southern states could cause the bubble to pop. The housing market in the United States could potentially see a "massive" bubble burst following an influx of new homes, a real estate analyst forecasted Monday.
