HousingWireHousingWire The broker of Texas-based Strategic Realty has filed an amended complaint in her antitrust suit tied to the National Association of Realtors’ (NAR) three-way membership agreement structure. Luz de Amor Eytalis’ amended complaint contains nearly identical allegations to the original complaint, but Eytalis has altered the list of defendants named…
Continue reading →HousingWireHousingWire Forty-five percent of retirement-age survey respondents are concerned that they will outlive their savings while 25% spend nearly one-third of their monthly income on housing costs. This is according to new data released by Clever Real Estate. The survey results show stark declines in overall financial sentiment based on…
Continue reading →HousingWireHousingWire Higher-for-longer mortgage rates have claimed their first victim of 2025. Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments. The company also plans to explore strategic alternatives for its credit card business in the…
Continue reading →HousingWireHousingWire As wildfires tear through Southern California and firefighters battle winds up to 100 mph, tens of thousands of residents have evacuated. The looming impacts on real estate and insurance are also at the forefront of Californians’ minds. According to Anthony Marrone, the fire chief for Los Angeles County, the…
Continue reading →HousingWireHousingWire Heading into the 2025 housing market, we haven’t had this many homeowners with mortgage rates over 6% since 2016. According to the latest FHFA data, as of Q3 2024, 17.2% of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. In the last…
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