Homeowner Sues Zillow for $60 Million for Hacked Listing
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 […]
Month: March 2019
Falling Mortgage Rates Boost Real Estate Sales in February
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
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
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
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
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
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.?
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
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
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 […]