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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?
The London mansion is said to be located in the posh Chelsea neighborhood near Hyde Park and the north bank of the River Thames. 
Renter Households Grew Three Times Faster Than Homeowners Amid Rising Homebuying Costs
Median asking rents only grew 0.6% in September whereas home prices rose by 6% in the same period. The share of renter households in the United States has grown at thrice the rate of homeowner households amid rising costs of home buying, according to a new report. 
Is Buying a Home After the Election a Good Decision? Here’s What Experts Say
If you're unsure about whether to purchase a home following the 2024 election, here are some tips from real estate experts. 
First-Time US Homebuyers Are Now Older Than Ever as Houses Become ‘Wildly Unaffordable'
The median age of first-time homebuyers in 2024 has risen to 38 years old from last year's 35 due to the worsening housing affordability crisis in the US. 
Japan’s Cheap ‘Akiya’ Homes Attracting Foreign Buyers, Experts Warn of Potential Pitfalls
Akiyas, or abandoned houses in Japan, can sell for less than $10,000. The low prices are now attracting foreign buyers from countries where the cost of homeownership are soaring. 
Most Home Buyers Won’t Return to the Housing Market Until Mortgage Rates Drop to 4%
The survey found that only 4% of homebuyers in the US would consider purchasing a house at a mortgage rate of 6%. 
Can Trump Stop ‘Insanity’ in the US Housing Market? This Real Estate Tycoon Thinks So
Grant Cordone claims Trump can pressure the Federal Reserve so the US would have the "lowest interest rate in the world." 
Kanye West Buys $35M Beverly Hills Mansion After Failed Renovation of Malibu ‘Bomb Shelter'
The rapper bought a 20,000-square-foot megamansion on a nearly seven-acre land inside the North Beverly Park neighborhood. 
Douglas Elliman Realty Fires President Scott Durkin Amid Concerns About Sexually Charged Company Culture: Report
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.
