Mayor outside Chicago has evaded eviction server, landlord claims

Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe more than $3,350 in rent and late fees on her property. Continue reading

Troubling times bring tough questions. Be the answer

There’s very little we can control in life — or in business. Team leader Carl Medford writes that ultimately, it’s the choices you make and the way you respond that will determine your future. Continue reading

Rising mortgage rates are taking their toll on homebuyer demand

MBA lender survey shows demand for purchase loans is still slightly stronger than it was a year ago, when rates were soaring toward post-pandemic highs. Continue reading

Agent offers free listings to leaving liberals — and AR-15s to the others

Idaho broker and Trump supporter Mark Fitzgerald is offering to sell “liberal” homeowners’ homes for free ahead of the election. Is he breaking Fair Housing rules? Continue reading

Harris touts a $25K down payment grant. Will homebuyers care?

The question we should be asking about Kamala Harris’ down payment grant proposal, Dr. Lee Davenport writes, is, “Will anyone jump through hurdles to take part in the program?” Continue reading

September existing-home sales fall, but inventory offers hope

Existing-home sales continued their downward trajectory in September, declining 3.5 percent year over year and 1 percent month over month, according to data released Wednesday by NAR. Continue reading

Median down payment slides $2,400 as affordability improves

Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com. Continue reading

The new redlining: Paying a buyer agent is just part of the challenge

Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good. Continue reading

Mortgage rates bounce back to July levels on inflation worries

Another worry for bond market investors is “quantitative tightening,” the Fed’s program to trim its massive holdings of government debt and mortgages. Continue reading

Fashion Nova founder buys 2 Miami Beach homes for $30M

Richard Saghian, the founder of the California-based online fashion company Fashion Nova, has expanded his real estate portfolio with the purchase of two Miami Beach properties for $30 million, The Real Deal reported Wednesday. The acquisition includes… Continue reading