News
NYC to Turn One of Its Most Photographed Landmarks Into a Condominium by 2026
30-Year Mortgage Rate Drops Ahead of the Fed Cut, the Lowest Level in 16 Months
The Fed Is Expected To Cut Interest Rates on September 18, Mortgage Rates May Fall as a Result: Report
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?
Housing markets where buyers have the most buying power have a growing number of homes for sale and decelerating price growths. 
Home Prices Posts an Annual Gain of 5.4%, Marking the Most ‘Unaffordable Housing Market’ in US History
The index tracking home prices in the 20 largest metro areas in the US also posted gains of 0.4% from May. 
US Monthly Mortgage Payments Fell to $2,500, Declining for the First Time Since 2020
Mortgage payments fell after contract rates declined to 6.46% in the week ending Aug. 22. The median monthly mortgage payments in the United States fell to just over $2,500, marking the lowest level recorded in four years. 
Justice Department Files Lawsuit Against RealPage for Allegedly Helping Artificially Inflate US Rent Prices
The civil lawsuit accused the software of developing an algorithm that facilitated a price-fixing scheme and decreased competition among landlords. 
5 Best Real Estate Markets in the US in 2024: Analysis
The study analyzed each city across 17 metrics such as living costs and job growth to determine the best housing markets in the US. 
Shaquille O’Neal Sells 5,200-Square-Foot Texas Mansion for $1.7 Million After Listing Just a Month Ago
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.
