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HISTORICAL FACTS: 12 | History Defined

Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees

Warren Buffett's HomeServices was among the defendants found liable for a verdict that could climb to more than $5 billion.

Fortune

Zillow revises its 2024 home price forecast downward for second month in a row. Here’s why

Are we on the brink of a "housing recession" as existing home sales plummet to 2010 levels? Zillow is doubling down on its prediction on home prices.

Fortune

The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in

Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.

Fortune

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The U.S. housing market has gotten so expensive that income would have to jump 55% to make buying 'affordable,' real estate executive says

Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.

Fortune

U.S. Housing Boom Benefits Downsizers As Market Soars

Appreciation in property values creates windfall for homeowners looking to downsize, says Zillow economist.

Zenger

When Renting Is Smarter Than Buying

There are some situations when renting is smarter than buying. You're not necessarily throwing your money away when you rent.

Kiplinger

Zillow once again shifts its 2024 home price forecast. Here's why

In August, Zillow predicted that U.S. home prices were poised to increase 6.5% over the next 12 months, but now it is revising that estimate to 4.9%.

Fortune

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‘Totally devastating’: borrowers on the start of student loan repayment

Reprieve experienced over the last three years by as many as 43 million Americans comes to an end as payments begin

The Guardian - US

Home Values to Rise 6.5% Over Next Year, Zillow Report Says

Home values have bottomed out, says Zillow, and home sales will decrease amid a tight market.

Kiplinger

Zillow is a full-blown housing market bull—predicting that U.S. home prices will jump 6.5% by July 2024

Zillow: “Limited for-sale inventory continues to push home prices upward even as mortgage rates remain elevated.”

Fortune

Eric Trump denies report Mar-a-Lago sold for $422m days before dad’s Georgia arrest

Former president’s middle son angrily denies reports that glitzy property was sold to Donald Trump Jr

The Independent UK

This millennial is priced out of the Los Angeles housing market—now he's worried he'll get priced out of Bakersfield too

“It just kind of was like, wow, are we going to soon be priced out of a home in Bakersfield?”

Fortune

World's cheapest house costs just Rs 83, and it is up for sale

While most people wish to own a house of their own, it isn't possible for many considering the exorbitant property rates. However, buzz is that the world's cheapest house is now available for sale at just $1 (approximately Rs 83)!

The Times of India

‘Out of reach’: median home price in Los Angeles nears $1m

House prices have increased more than 30% in five years in the state’s largest city, which has at least 50,000 people living outside

The Guardian - US

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Reason

Be Like Pixar, Not NASA

Artificial intelligence poses the most risk when it is embedded in a centralized, tightly coupled organization. But it can facilitate decentralization too.

Kiplinger

Zillow, Redfin Link to Connect Homebuyers With Homebuilders

Real estate rivals aim to increase visibility of new-construction listings.

The Guardian - UK

‘I gravitate towards the uncomfortable’: how John Wilson made TV’s most bizarre and brilliant docuseries

Sex cults, energy drink empires, his landlady – nothing and no-one is off limits for the creator and star of HBO documentary How To With John Wilson

Fortune

A PhD student who grew up in Seattle feels locked out of the city by its unaffordable housing costs: 'It’s so strange to feel like a city is off limits'

“It really felt like I was leaving home…and I don't think I’ll ever be able to afford it,” Anastasia Selby told Fortune.

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StockNews.com

Are Investors Buying or Selling These Stocks This Month: Zillow Group (Z) and ContextLogic Inc. (WISH)

With new innovations unfolding daily, some internet stocks are well-positioned to soar, while others might struggle to stay afloat amid the macroeconomic headwinds. In this scenario, are investors buying or selling Zillow Group, Inc. (Z) and ContextLogic Inc. (WISH) this month? Let’s find out….

Kiplinger

The Magic Mortgage Rate Number to Tip the Housing Market

A new survey from Zillow found the “mortgage rate tipping point” at which homeowners are likely to sell their homes. Hint: It's above 5%.

Zenger

High Mortgage Rates Deter Homeowners From Selling, Creating Housing Supply Concerns

Homeowners with lower mortgage rates less likely to move, leading to potential housing market imbalances

Kiplinger

Biden Targets Hidden ‘Junk Fees’ to Lower Costs for Renters

Major online rental platforms agree to show the total cost of units, not just the rent.

Fortune

Zillow is so sure that U.S. home prices have bottomed that it just issued bullish calls for these 48 housing markets

In the eyes of Zillow economists, the lack of homes for sale is supporting home price growth.

Fortune

Zillow: Student loan borrowers had 3.5 years without payments, yet many still can’t afford to break into the housing market

The savings accrued from over three years without having to pay student loans still isn’t sufficient to cover a down payment.

WEKU

Shocked by those extra monthly apartment fees? 3 big rental sites plan to reveal them

Surprise charges for things like paying rent online or removing trash can add up and make an apartment less affordable. Advocates warn they can also put renters at risk for debt or even eviction.

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