After rocky November, rates for 30-year mortgages stabilize above 3%

The average rate for a 30-year mortgage has been climbing in recent months and now rests 17 percent higher than its all-time low in January, according to Freddie Mac’s latest lender survey. Continue reading

Despite rumors, new USC football coach seeks buyers for 2 mansions

Lincoln Riley, the newly announced University of Southern California head football coach, is seeking buyers for his two Oklahoma residences, contrary to rumors that said the school bought his homes as part of a hiring deal. Continue reading

Home price hikes persisted in Q3 as September signaled growth decline

Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading

Petition calls for Turpin public guardian to lose real estate license

Vanessa Espinosa, former deputy public guardian for the Turpin children and, until recently, an agent in California, is facing calls for the state to revoke her real estate license. Continue reading

Plot of land trades hands for record-breaking $2.4M. Oh, and it’s virtual

The 6,000-square-foot tract of digital real estate will someday be home to a fashion outpost and event venue — in virtual reality, at least. Continue reading

Targeting Zillow again, CoStar’s Homesnap unveils new showing tool

The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product. Continue reading

Co-investing startup Fractional raises $5.5M in seed funding

The San Francisco-based company’s platform helps pair would-be real estate investors with friends or strangers who want to co-own property. Continue reading