Mortgage rates ease a bit on November inflation surprise

Core inflation rose less in November than forecasters had been expecting, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said. Continue reading

The market is harder for millennials than it was for boomers: Report

A new report in “The Wall Street Journal” found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today. Continue reading

Eviction filings skyrocket 25% above pre-pandemic norms

Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, “The Wall Street Journal” revealed on Monday. Continue reading

Fraud allegations against rental owners reach new high

Regulators and prosecutors are cracking down on landlords who’ve been falsifying income and expense data on crucial loan documents, according to a new feature published by “The Wall Street Journal.” Continue reading

Gwyneth Paltrow asks nearly $30M for Brentwood mansion

Now that Paltrow’s kids and those of her husband, Brad Falchuk, are all college-bound, the couple is downsizing. She originally bought the property in 2012 with then-husband Chris Martin for $9.95 million. Continue reading

Realtor.com campaign makes pitch for buyer representation

The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals. Continue reading

Record-breaking NYC townhouse sale goes to mystery buyer

A mystery couple has bought Greenwich Village’s most expensive townhouse for $72.5 million, surpassing the previous record by $14.3 million. The 12,000-square-foot property was sold off-market, with the buyers planning to use it as a pied-à-terre. Continue reading

Inventory boost expected to slow rent growth to 1.5%

The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.  Continue reading

Who is Flannery, the secret owner of $1B in land near a US airbase?

The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it. Continue reading