News
Most Home Buyers Won’t Return to the Housing Market Until Mortgage Rates Drop to 4%
Can Trump Stop ‘Insanity’ in the US Housing Market? This Real Estate Tycoon Thinks So
Kanye West Buys $35M Beverly Hills Mansion After Failed Renovation of Malibu ‘Bomb Shelter'
Durkin stepped into the role last week after former president Howard Lorber suddenly retired from his position. 
US Housing Market Nearing a ‘Vicious Cycle’ Amid Worsening Affordability Crisis
More than 31.3% of American households were cost-burdened last year, which means they spend more than 30% of their income on housing costs. 
Avatar Actor Sam Worthington, Wife Accused of Trashing Rented Loft, Wrecking $115,000 Charles Gwathmey Table
The couple's former landlord, Eric Steel, is now seeking $300,000 for damages to the Chelsea loft. 
September Home Sales Dropped To Lowest Level in 14 Years Amid High Mortgage Rates, Lack of Options
Home sales fell by 1% in September, lagging in three of the four major regions in the US. Sales of previously owned homes fell by 1% in September compared to August, marking the lowest level recorded since at least October 2010. 
$1M Hunting Lodge Where Alex Murdaugh Killed Wife, Son Undergoes Extensive Renovations by New Owner
Murdaugh killed his family at the hunting lodge due to pressures he was facing for decades of financial crimes. 
House Judiciary Panel Subpoenas Biden-Harris Administration Over Taxpayer-Subsidized Homes for Illegal Immigrants
The House Judiciary Committee is compelling the administration to provide information on its spending on a taxpayer-subsidized program that houses illegal immigrants in the US. 
Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
A report suggested that real estate investors are scooping up affordable properties and turning them into short-term rentals or keeping them vacant. This drives up prices in the housing market. 
Biden Administration Will Award $250M for the Development of Affordable Housing Units, Community Facilities
The program is expected to result in 26,400 affordable housing units across the United States. The Biden administration will award $250 million to developers to create nearly 30,000 units of affordable housing across the country. 
Jennifer Lopez and Ben Affleck’s $68 Million Mansion Still Up for Sale 100 Days After Initial Listing
The couple purchased their marital mansion in May 2023 for $60.8 million. The pair listed it for sale at the start of their divorce. 
Down Payments Now Dropping From Historic Highs, Giving US Homebuyers Relief
The average down payment fell to $30,300 in the third quarter, saving buyers $2,400. Down payments on a home in the United States fell in the third quarter of this year, giving hopeful buyers much-needed relief.
