News
Low-Income Homebuyers Have Lost Their Pandemic Progress Due To Elevated Prices and Mortgage Rates: Report
10 Cities Requiring the Highest Income To Buy a Home: Report
‘Worst Landlord’ in NYC Indicted for Harassing Tenants With Unsafe Living Conditions
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?
Mortgage rates for the 30-year term were at 7.24% as of Monday. Mortgage rates remain elevated as inflation tops 3%, with the average 30-year mortgage rate now over 7%. 
Anne Hathaway’s Home in ‘The Idea of You’ Now Available for Rent
The home keeps the renovations and repaints done by the movie's production team. Anne Hathaway's home in the hit rom-com The Idea of You, streaming on Prime Video, is now available for rent on Airbnb. 
Rental Fraud Soared During COVID-19 Pandemic: Report
The rise in the number of rental fraud cases during the pandemic may have led to an increase in rent prices. 
First-Time Buyers Must Now Earn $120,000 to Comfortably Afford a Home in the US
The median home in the United States sells for $332,494 while the median household income is $74,755. 
Zillow Launches Non-Exclusive, Short-Term Home Touring Agreement for Buyers
The new agreement will last seven days and only cover home touring activities. Real estate marketplace Zillow on Tuesday announced it is rolling out a short-term "non-exclusive" agreement that home buyers can use on tours with their agents. 
9 Cities Top Tech Workers Are Moving To: Report
Many top tech workers are now moving out of tech hubs like Boston and San Francisco partially due to higher costs of living, an analysis found. 
NYC Rent Board Backs Plan for Increases for Rent-Stabilized Apartments
The planned hikes would increase rent between 2% and 6.5% for rent-stabilized apartments depending on the lease. 
Homes Are Now Affordable in Only These 6 Major Cities in the US: Report
Homeownership is now unreachable for buyers earning local median income in 44 of 50 major cities in the United States. 
NAR Updates Its Agent Commission Settlement FAQ, Clarifies Details on Buyer Broker Agreements
Written agreements between the broker and the buyer would not be required if the agent is only working as an agent or subagent of the home seller, among other circumstances. 
Glossier Founder Emily Weiss Bought Two Multimillion-Dollar Townhouses in 5 Months
The Glossier founder is expected to spend nearly $40 million buying the two townhouses. Emily Weiss, the founder of cosmetics company Glossier, reportedly bought a second multimillion-dollar home just five months after purchasing another.
