News
70 Current and Former Employees of NY Public Housing Authority Charged in Historic Corruption, Extortion Case
Small Banks Will Likely Close Due to Commercial Real Estate Weakness: Fed
China Rolls Out New Property Relief Measures Following Evergrande’s Liquidation
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?
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. 
NAR CEO Claims Organization Was Unfairly ‘Vilified’ Over Commissions in Real Estate, Sets the Record Straigh
In a video message, NAR CEO Nykia Wright said the organization does not have control over real estate commissions. 
3 Best Jobs Paying Over $75,000 in the United States in 2024: Indeed
The jobs listed by job site Indeed all have a minimum salary of at least $75,000 and with at least 10% of postings mentioning "remote" or "hybrid" work options. 
Office Market in the US May See $1 Trillion of Losses: Expert
Office properties in the United States are now worth only $1.8 trillion, down from a previous valuation of $3 trillion. 
Homeless People in California Are Now Living in Elaborate Caves Alongside Rivers: Report
The cave networks were fully furnished with bedding, a makeshift mantel, drugs and weapons. Homeless people in California are now living in elaborate cave networks underneath the Tuolumne River amid the state's ongoing crisis with unhoused residents, according to a report. 
China’s Real Estate Crisis May Continue To Persist in 2024: Expert
More than 50 Chinese real estate firms, including giants Evergrander and Country Garden, defaulted on their debt since 2021.
