News
US Monthly Mortgage Payments Fell to $2,500, Declining for the First Time Since 2020
Justice Department Files Lawsuit Against RealPage for Allegedly Helping Artificially Inflate US Rent Prices
5 Best Real Estate Markets in the US in 2024: Analysis
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?
The final sale price was not disclosed, but the listing had an asking price of $1,695,000. Former NBA star Shaquille O'Neal has found a buyer for his Texas mansion, selling it for $1. 
30-Year Mortgage Rate Dips To Lowest Average Since 2023; Existing-Home Sales Rise
The average contract rate for a 30-year mortgage in the week ending Aug. 22 was 0.77% lower compared to the same week in 2023. 
Buyers are Now Required to Negotiate Real Estate Agent Fees, Broker Commissions Upfront
The changes are part of a $418 million court settlement involving the National Association of Relators (NAR). 
Here Are the Five Hottest Housing Markets in the US in 2024
In some of the hottest zip codes in the US, homes spent 32 to 45 fewer days on the market in the first half of 2024. 
New Apartment Construction in the US To Reach Over 500,000 Units by the End of 2024: Report
It will be the first time in US apartment construction history that the number of new rental units will surpass the 500,000-unit threshold. 
Investors Bought One in Six Homes in the US in Q2 2024, Marking Largest Increase in Two Years: Report
Investor purchases totaled $43 billion in the second quarter of 2024, also marking the largest gain recorded since 2022. 
A Record 60,000 Buyers Backed Out of Home Deals in July Amid Election Fears, Soaring Prices
The canceled home-purchase agreements in July accounted for 15.8% of all homes that went under contract in the same period. 
Should You Wait for Mortgage Rates To Fall Before Buying a Home? Here’s What Experts Say
Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand. 
One in 10 Homes in NYC Are Now Being Sold To Out-Of-State Buyers: Report
New Jersey buyers made the largest share of out-of-state purchases in New York City in the first six months of 2024. 
Renting Is Now $1,000 Cheaper Than Buying a Starter Home in the US: Report
In some metro areas, buying a home costs $1,944 more than renting. Renters in the United States could now save an extra $1,000 a month compared to those looking to buy their first starter home.
