AirDNA projects a strong 2024 for STRs after bumpy 2023
Based on early data from its Market Review, 2024 is already looking to be a promising year for vacation rentals after a frustrating 2023
by Ben Verde Jan 26
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
Declining mortgage rates bring new-year market thaw: Redfin
Mortgage purchase applications and new listings have improved in recent weeks, thanks to a 25% decline in mortgage rates from October's peak of nearly 8%
by Marian McPherson Jan 11
Homebuyers are now paying $400 less per month than in October
After rates fell from October highs, homebuyers with a new mortgage are paying about $400 less each month. Still, there's no buying spree — yet
by Taylor Anderson Jan 4
Late eXp icon Rick Geha honored with $100K fundraiser
The team founder suddenly passed away 1 week after eXp's annual conference in Las Vegas. The family is honoring him with a $100K fundraiser for the Oakland A's Make-A-Wish Community Fund
by Marian McPherson Oct 27
DJ Envy partner charged in alleged real estate Ponzi scheme
Federal prosecutors announced Wednesday that Cesar Pina had been charged with one count of wire fraud for running a pyramid scheme targeting real estate investors
by Ben Verde Oct 20
Breakfast Club's DJ Envy accused of endorsing pal's home-flip scam
RaaShaun Casey, host of the syndicated iHeartRadio show 'The Breakfast Club,' is accused of promoting pal Cesar Pina's home-flipping venture, frequently in distressed areas of New Jersey
by Ben Verde Oct 11
Nearly 1 in 9 US homes command $1M as luxury prices soar in June
The share of US homes valued at $1M or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows
by Lillian Dickerson Aug 14
Keller Williams, eXp Realty, others sued over alleged discrimination
The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters
by Jim Dalrymple II Jun 1
Once again, Newark is named the worst city in the US to get stoned
The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20
by Ben Verde Apr 20
Coming soon to a Walmart near you: Mortgages, FHA loans and more
Lenders One Cooperative opens the alliance's first mortgage branch in a New Jersey Walmart, with more openings slated for Florida, California, Ohio, South Carolina and Texas
by Matt Carter Oct 11
Annual apartment rent growth, occupancy hit new highs in July
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
Rent payments were down every month during the pandemic
A new report from Rentec shows that by the end of 2020, the number of rental payments landlords received was down 24% compared to March
by Jim Dalrymple II Jan 5
Pricey cities see 'astounding' rent drops as 2021 begins
A flood of people leaving pricey places like New York and Boston have sent rents in those cities plummeting, while rents in traditionally more affordable areas have climbed
by Jim Dalrymple II Jan 5