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Month: March 2019

Homeowner Sues Zillow for $60 Million for Hacked Listing

March 31, 2019 0

Zillow is facing a $60 million lawsuit for negligence after a listing on its site was hacked last month, according to the Washington Post. The […]

Falling Mortgage Rates Boost Real Estate Sales in February

March 31, 2019 0

In a sign that falling mortgage rates may provide a much-needed boost to a previously slowing housing market, both new and existing homes sales jumped […]

HUD Says Facebook Real Estate Ads Violate the Fair Housing Act

March 31, 2019 0

Social media giant, Facebook has been by the U.S. Department of Housing and Urban Development (HUD) for violating the Fair Housing Act by encouraging, enabling, […]

Lower FICO Scores Push FHA to Tighten it’s Underwriting Standards

March 25, 2019 0

The FHA told lenders it’s tightening underwriting requirements for FHA-insured loans because it’s worried that too many risky loans are being made, according to The […]

Mortgage Rates Drop to Lowest Levels in a Year, Boosting Sales Forecasts

March 25, 2019 0

Based on Freddie Mac’s latest Primary Mortgage Market Survey, U.S. mortgage rates dropped with the beginning of spring homebuying season in mid-March 2019. Sam Khater, […]

JLL Acquires HFF in a $2 Billion Deal

March 19, 2019 0

Jones Lang LaSalle (JLL) entered into a definitive agreement to acquire HFF for approximately $2 billion in cash and stocks, the company announced Tuesday. The […]

Residential Rent Growth Hits a 10-Month High, Reaching $1,472

March 19, 2019 0

Rent prices grew at their fastest rate in 10 months in February, reaching 2.4 percent year-over-year appreciation, according to the February Zillow® Real Estate Market Report. […]

How Much Value Does a Swimming Pool Add to a Home Across the U.S.?

March 19, 2019 0

According to Redfin, Los Angeles homes with pools sell for $95,393 more than comparable homes without them. Swimming pools are worth more in Los Angeles […]

U.S. Commercial, Multifamily Mortgage Debt Reached $3.39 Trillion in 2018

March 19, 2019 0

According to the Mortgage Bankers Association’slatest Commercial and Multifamily Mortgage Debt Outstanding quarterly report for 2018, the level of commercial and multifamily mortgage debt outstanding […]

Cushman & Wakefield Loses $1.3 Million Appeal of an Age Bias Verdict

March 16, 2019 0

A federal appeals court has upheld a $1.3 million jury verdict in an age-bias suit that alleged the real estate firm Cushman & Wakefield unlawfully […]

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