News
China’s Real Estate Crisis May Continue To Persist in 2024: Expert
US Homebuyers Have Gained $40,000 in Buying Power as Mortgage Rates Fall: Report
New York Calls on eXp Realty To Investigate Sexual Assault Allegations From Female Real Estate Agents: Report
EDITOR'S PICKS
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Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
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A Comprehensive Guide on Buying a Foreclosed Home
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Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
Mid Norfolk MP George Freeman said one of the reasons why he was leaving his post was because his mortgage payments were increasing this month. 
Democratic Senators Call on Fed Chair Powell To Cut Interest Rates Amid Housing Affordability Crisis
The democratic senators also blamed the Federal Reserve's interest rate hike for the ongoing housing affordability crisis. 
China Evergrande Ordered To Liquidate Amid a Debt of $300 Billion
Evergrande was once China's largest seller of real estate until it defaulted on its offshore debt in December 2021. 
Judge Bans All Home Renovations in Beverly Hills Over Lack of Affordable Housing
The city of Beverly Hills is now prohibited from issuing new building permits for residential renovations, commercial developments, and any other construction project. 
Woman Brutally Stabbed in Brooklyn Sues New York Housing Authority for Negligence
A 2022 audit found that 90% of the NYCHA building's locks were broken. A Brooklyn woman who was brutally stabbed more than 10 times by a career criminal has filed a negligence complaint against the New York Housing Authority (NYCHA) for allegedly failing to keep the entrance to one of its buildings locked. 
Ohio Pastor Sues City After He Was Charged For Opening Church to House Homeless People
The city charged the pastor with 18 counts of violating zone ordinance, lacking a proepr kitchen, and improper ventilation. 
Rents Fell for Third Straight Month as Supply Increases: Report
The national median rent price fell to $1,964 in December 2023 after it peaked at $2,054 in August 2022. 
Mortgage Rates Climb To Highest Level in Six Weeks, Experts Remain Hopeful for Declines Through 2024
Mortgage rates for the 30-year term rose to 6.69% this week, up 0.09 points from the week prior. The average mortgage rate for the 30-year fixed term climbed higher this week, marking the highest level recorded in six weeks. 
Rent in the US Is Now Less Affordable Than Ever, Especially for the Middle Class: Report
At least 22.4 million renter households are now spending 30% of their income on rent and utlities. Rental prices in the United States are now less affordable than ever, with financial strain rising the fastest among middle-class earners, according to a report. 
20 Cities Where Gen Z Homebuyers Can Afford to Purchase a Home: Study
A new study found that Gen Z homebuyers have a better chance of purchasing a home in the Midwest and South.
