News
Biden’s Rent Hike Cap Proposal Faces Pushback From Real Estate Groups
US Housing Market Unlikely to See Much Relief in the Second Half of 2024: Experts
Homebuilder Sentiment Falls To Seven-Month Low Amid High Mortgage Rates
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 plan will cover more than 20 million rental units in the United States. President Joe Biden on Tuesday unveiled a proposal that aims to cap rent hikes by penalizing landlords who raise rents by more than 5% yearly. 
Newly Built Homes Will Continue Getting Smaller Due to High Constrcution Costs: Report
Many architectural designers are now removing hallways to cut the construction costs of new homes. Newly built homes have gotten smaller and will likely keep getting smaller as builders hope to cut construction costs. 
King Charles Allegedly Purchased a $6M Condo in New York City’s Billionaires’ Row
King Charles was named in closing documents filed in city records for a $6.6 million condo at 111 West 57th Street. 
A Trump Win Could Lead to Booming Home Sales: Real Estate Experts
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.
