News
Federal Reserve Said It’s Not Ready To Cut Interest Rates Even as Inflation Cools
One Official Involved in $2M NYC Corruption Scandal Was Suspended After Naked Zoom Call
More States Are Now Using Medicaid Funding To Address Housing Crisis
EDITOR'S PICKS
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Is December A Good Time To Invest In Real Estate?
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Fed Slashes Interest Rates, But Mortgage Rates Surge Up To 6.72% - Here's Why It's Happening
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New Real Estate Platform Allows US Homebuyers To Check The Political Affiliations Of Their Neighbors For Free
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NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
Real estate agents said home buyers are relocating to places where the laws align with their views or locations where neighbors share similar political views. 
Real Estate Fraud Cases Are on the Rise; Losses Exceed $70,000 – Report
One in 10 Americans have been targets of real estate fraud in 2023, according to a wire fraud protection company. 
70 Current and Former Employees of NY Public Housing Authority Charged in Historic Corruption, Extortion Case
The NYCHA employees pocketed over $2 million in cash payments for no-bid repair contracts. Federal prosecutors in New York on Tuesday unsealed bribery and extortion charges against 70 current and former employees of the New York City Housing Authority (NYCHA) for allegedly pocketing over $2 million in cash payments for no-bid repair contracts. 
Small Banks Will Likely Close Due to Commercial Real Estate Weakness: Fed
Federal Reserve Chair Jerome Powell made the grim prediction during a "60 Minutes" interview. 
China Rolls Out New Property Relief Measures Following Evergrande’s Liquidation
Beijing rolled out a new loan worth $46 million to a state-backed development in a bid to support real estate companies eligible for credit, debit, and equity financing. 
Insurance Companies Leaving Fire- And Flood-Prone California
A total of 3.2 million acres of land in California burned due to the wildfires between 2021 and 2023. 
First-Time Homebuyers Are Being Priced Out of the Housing Market: Analyst
Home prices increased by 5% in 2023 and 50% over the past four years. It is virtually impossible for first-time buyers to purchase a home amid soaring house prices and mortgage rates, according to an analyst. 
Canada Extends Ban on Foreign Ownership of Housing Until 2027
The ban prohibits foreign nationals and commercial enterprises from purchasing residential property in Canada. 
VA Set a Record for Most Homeless Veterans Placed in Housing in 2023: Report
The VA placed more than 46,500 veterans in permanent housing last year, exceeding its goal by at least 23%. 
A Texas City’s Guaranteed Income Program Helped Reduce Housing Insecurity Among Residents: Report
The guaranteed income program provided more than 100 low-income families with $1,000 monthly checks.
