News
Median Home Price Soars Past $2 Million in Bay Area, the First Time Since 1979
US Renters Could See Relief As Median Asking Rent Falls To $1,500 Following Construction Boom
This $300 Million Megamansion Could Be the Most Expensive Home in the US
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?
Ellen DeGeneres and wife, Portia de Rossi, bought the estate in two transactions for nearly $70 million in 2022. 
Here’s Where $1,500 Can Get You the Most and Least Apartment Space in the US: Analysis
The study focused on multifamily properties of 50 or more units in cities with a population of more than 225,000. 
US Mortgage Rates See Sharp Decline, Lowest Level Recorded in Over a Year
Mortgage rates on a 30-year loan dropped to 6.47% this week, falling from a peak of 7.22% in May this year. 
A Starter Home in the US Now Costs $1 Million in Over 200 Cities: Report
Starter homes are defined as properties in the lowest third of home values in a given region or area. 
Tech Billionaire Scott McNealy Sells His Luxury Bay Area Mansion at Nearly $62M Loss
The mansion sold for only $35 million, nearly 65% below its original asking price of $100 million. Tech billionaire Scott McNealy, co-founder of Sun Microsystems, has sold his luxury Bay Area mansion for nearly $62 million below its original asking price. 
Magician David Copperfield Sued for Trashing Manhattan Penthouse, Compromising Building’s Structural Integrity
Photos of Copperfield's unit showed peeling paint, crumbling ceilings, and a rusty bathtub. A New York City condominium board has filed a lawsuit against famous magician David Copperfield after he left his $7 million Manhattan penthouse in shambles, threatening the building's structural integrity. 
Younger Buyers Are Sacrificing Safety, Access to Healthcare To Afford a Home: Survey
Gen Zers are most likely to trade safety in order to afford a home, the survey found. Nearly one in five younger house hunters said they are willing to put their safety at risk to afford a home, in addition to other sacrifices such as access to healthcare services. 
Airbnb To Expand Beyond Short-Term Rentals, Will Soon Offer ‘Experiences’ and Co-Hosting Services
Airbnb's new plans are part of an effort to sway more travelers from choosing to stay in hotels. 
More Than Half of Americans Believe Homeownership Will Remain Unattainable Despite Fed Rate Cuts: Report
A recent analysis also found that a September rate cut from the Federal Reserve would unlikely relieve the US housing affordability crisis. 
Here’s Everything That Will Change for People Buying and Selling Real Estate Properties
Provisions in a settlement agreement between the NAR and home sellers are set to take effect beginning Aug. 17.
