News

New York City Could Soon Ban Brokers From Charging Expensive Fees to Renters

New York City renters typically have to shell out 10% to 15% of the annual lease amount in broker's fees.

Nearly 30 Women Have Also Come Forward To Accuse Real Estate Heirs Alexander Brothers of Rape: Lawyer

The new accusations come after two separate lawsuits were filed against the twin brokers. Nearly 30 more women have allegedly stepped forward to accuse the Alexander brothers of rape and sexual assault, a lawyer who filed the initial lawsuits said.

Inflation And Tight Housing Market Push Australians Into Rental Crisis

Will the Housing Market Crash? Here’s What Experts Say

The housing market is currently struggling with elevated home prices and mortgage rates. With home prices and mortgage rates remaining elevated, many hopeful homebuyers could be hoping for a housing market crash, but some experts say that will unlikely happen soon.

EDITOR'S PICKS

Home Purchase Applications in the US Rise Again After Brief Drop in Mortgage Rates

Mortgage applications for home purchases rose over 15% in the week ending June 7. Mortgage rates in the United States retreated in the week ending June 6, leading to a rise in home purchase applications for the first time in five weeks.
By D. Ong
Home Prices and Mortgage Rates May See Declines Soon, Experts Predict

Home prices in some metro areas have already begun declining as the supply of homes for sale surges.
By D. Ong
Top Real Estate Oren Alexander, Brother Alon Accused of Rape

The lawsuits are centered on two alleged assaults that occurred in 2010 and 2012. Top real estate broker Oren Alexander and his twin brother Alon, an executive at a private security firm, were accused of raping at least two women in New York in lawsuits filed this March.
By D. Ong
Here’s What Experts Predict the US Housing Market Would Look Like in the Second Half of 2024

The housing market has been challenging over the past months, and more homes are likely to come on the market, an expert predicted.
By D. Ong
5 States With the Highest and Lowest Hidden Costs of Homeownership

The average annual hidden cost of owning and maintaining a median-priced home in the US is over $18,000 a year.
By D. Ong
Hidden Costs of Homeownership Soared by 26% Since 2020: Report

Owners of a median-priced home would now need to shell out $1,510 a month on top of their monthly mortgage payments.
By D. Ong
5 States That Americans in Search of Affordable Homes Abandoned in 2023

The Midwest and West regions have seen a trend of outbound moving in 2023 due to the cost of living.
By D. Ong
5 US Cities With the Highest Homeless Population per Capita: Report

There were more than 649,000 homeless people across the U.S. in 2023. Nearly 650,000 people across the United States are homeless, with the top three states accounting for almost half of the total homeless population in the country.
By D. Ong
Real Estate Investors Are Now Feeling Distressed Amid the Trouble Property Market in the US: Report

More than $56 billion worth of multifamily properties are at risk of financial trouble. Real estate investors, particularly personal investors without any backing from major financial institutions, are now feeling distressed amid the current condition of the property market in the United States, according to a report.
By D. Ong
Sydney Sweeney Buys Luxurious Oceanfront Home for $13.5M

Sydney Sweeney's new home sits on a 7,720-square-foot triangular lot facing the water on two sides.
By D. Ong