CoStar faces renewed activist pressure over Homes.com strategy

CoStar faces renewed activist pressure over Homes.com strategy

Roughly a year after calling on CoStar Group to embark on a journey of “meaningful self-help,” the firm’s activist investors at Third Point Investors Ltd are back again pushing the Andy Florance-helmed... Read more »
Rocket Companies faces lawsuit over mortgage steering

Rocket Companies faces lawsuit over mortgage steering

Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms... Read more »
California housing reform faces new test as LA Metro resists transit zoning law

California housing reform faces new test as LA Metro resists transit zoning law

California has become a test lab for housing reform. The state stands as an ongoing experiment-in-process for how far lawmakers will go to legalize the development of more homes and how hard... Read more »
California Affordable Housing Faces Refinancing Hurdle

California Affordable Housing Faces Refinancing Hurdle

California is entering an affordable housing refinancing crunch, with Yardi Matrix reporting that roughly $860 million in commercial mortgages on fully affordable properties will mature in 2026.  That figure rises sharply to... Read more »
Oren Alexander faces another rape allegation

Oren Alexander faces another rape allegation

The sexual assault lawsuits against Oren Alexander keep piling up. A woman filed a civil suit in Colorado this week, alleging that the New York real estate broker and his twin brother... Read more »
South Carolina faces a ‘gray tsunami’ that will test local resources

South Carolina faces a ‘gray tsunami’ that will test local resources

The state of South Carolina is experiencing an influx of retired baby boomers, which could test the capacity of its infrastructure in areas such as health care and transportation services, as well... Read more »
NAR faces another antitrust suit over its membership agreement

NAR faces another antitrust suit over its membership agreement

The National Association of Realtors (NAR) is facing yet another lawsuit related to its three-way membership agreement, which requires Realtors to join their local, state and national associations in order to obtain... Read more »
Miami, Florida Housing Market Faces BIG Crash Risk

Miami, Florida Housing Market Faces BIG Crash Risk

The Miami, Florida housing market faces a significant crash risk, making it one of the most discussed topics among real estate enthusiasts and investors. As of 2024, Miami has been identified as the... Read more »
South OC’s Laguna Village Faces Wildfire Insurance Crisis

South OC’s Laguna Village Faces Wildfire Insurance Crisis

Laguna Village, a townhome community in Laguna Hills, is facing a severe insurance crisis as rising wildfire risks have drastically reduced its coverage while premiums skyrocket. Two years ago, the insurance coverage... Read more »
Washington Prime Faces Default on Westminster Mall Loan

Washington Prime Faces Default on Westminster Mall Loan

Washington Prime Group is on the brink of defaulting on an $85 million loan tied to a mall in Orange County.  The loan on the 1.2 million-square-foot Westminster Mall, located in the... Read more »