Hundreds of public figures escaped taxes through real estate: Report

A new trove of documents details how the wealthy and well-connected have used shell companies to conceal real estate transactions. Continue reading

Zillow wraps ShowingTime deal as feds continue FTC investigation

The $500 million deal was first announced in February, and it prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies. Continue reading

Sustained surge in mortgage rates could dent home sales

In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading

Opendoor and FTC still at odds over iBuyer’s advertising

Regulator threatened “enforcement action” related to allegedly “inaccurate” or “inadequately substantiated” advertising claims if settlement talks fail. Continue reading

Twitter applauds as Berlin votes to wrestle apartments from landlords

“All those in favor of expropriating every house that Zillow owns, say aye,” tweeted one American as Berlin’s vote to seize 240,000 apartments rippled across the globe. Continue reading

Housing industry ‘will not be spared’ by climate change: MBA

Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association. Continue reading

NAR is fighting a losing battle against the feds

Now is the time to unwind the messy set of industry practices at the crux of this fight and bring transparency, fairness and clarity to real estate transactions. Continue reading

Landmark study confirms troubling ‘appraisal gap’ in minority enclaves

Mortgage giant Freddie Mac’s analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias. Continue reading

California severely curtails single-family zoning with new law

California Gov. Gavin Newsom signed Senate Bill 9 into law Thursday, legislation that allows up to four residential units to be developed on single-family lots throughout the state. Continue reading

California severely curtails single-family zoning with new law

California Gov. Gavin Newsom signed Senate Bill 9 into law Thursday, legislation that allows up to four residential units to be developed on single-family lots throughout the state. Continue reading