Spencer Pratt and Heidi Montag sue LA over fires, water shortage

The reality TV stars along with 21 others are suing the city for its failure “to properly construct, inspect, maintain and operate its water supply system,” which, they allege, led to the loss of their home in the Palisades fire. Continue reading

Former HUD Secretary: We need big ideas on affordable housing

At her first ICNY appearance, former HUD Acting Secretary Adrienne Todman talked about missed opportunities to improve inventory and why it’s will — not funds — keeping the U.S. from solving the affordable housing crisis. Continue reading

Economists no longer expect big drop in mortgage rates this year

Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines. Continue reading

Real estate’s antitrust woes may continue during Trump’s 2nd term

The real estate industry has been drowning under antitrust lawsuits and complaints regarding its commission and pocket listing rules. Some hope Trump will bring a lighter hand to antitrust, but his nominees for Attorney General and Assistant AG suggest… Continue reading

LA agent charged with rental price gouging as fires continue

Mike Kobeissi, president and broker of Kobeissi Properties, told Inman that the state’s district attorneys had got their facts bungled and that the property in question had been rented out to the couple at a reduced rate once it became known they were … Continue reading

Ryan Serhant predicts ‘screenless’ future for savvy real estate agents

Thursday at Inman Connect, Serhant spread a message of love to the agent community before sharing his thoughts on Clear Cooperation and which brokerage models will thrive in 2025. Continue reading

Brad Inman proclaims real estate agents ‘champions of the world’

Following a tough year of commission lawsuits and a challenging housing market, the Inman founder reminded real estate professionals on Thursday that they are survivors poised for a rebirth. Continue reading

Fannie Mae and Freddie Mac prep for privatization in Trump 2nd term

President Trump has promised to release Fannie Mae and Freddie Mac from its 16-year conservatorship. However, the road to privatization may be more perilous than expected. Continue reading

Elevated mortgage rates continue to chill homebuyer demand

Mortgage rates hovering near “key psychological level” of 7 percent, a likely factor in the slow pace of applications for both refinance and purchase mortgages: MBA chief economist. Continue reading

Trump’s HUD seeks to eliminate climate change and bias initiatives

President Trump’s second term is a second chance at overturning Obama-era housing discrimination policies. Housing advocates fear he will succeed, effectively undermining 56 years of fair housing progress. Continue reading