Victims of the January 2025 wildfires unhappy with how insurers have handled their claims have filed lawsuits, protested and complained to local and state officials. This week, they got support from an... Read more »
Kanye West, the rapper now known as Ye, is suing his former project manager and his lawyers, alleging they wrongfully put a $1.8 million lien on his former Malibu mansion. The suit,... Read more »
An extraordinary opportunity to own a true waterfront masterpiece, 43362 Waterside Trail showcases the celebrated Arthur Rutenberg “Brisbane” model in the highly sought-after Lake Babcock Estates. Perfectly positioned along the shimmering shoreline... Read more »
NAR Chief Economist Lawrence Yun issued the following statement on today’s announcement from the Federal Reserve: “The Fed’s half-point rate cut decision is the beginning of six to eight rounds of further... Read more »
NAR Chief Economist Lawrence Yun issued the following statement on today’s jobs report data: “Mortgage rates are plunging on the news of weak job growth and rising unemployment. The 4.3% unemployment rate... Read more »
The Council of Multiple Listing Services is joining Northwest MLS in filing a motion to request that it can file an amicus curiae brief in the Nosalek commission lawsuit. In its motion... Read more »
NAR Chief Economist Lawrence Yun issued the following statement on the January housing starts data: “Housing starts collapsed in January. More snow than usual fell across parts of the country, but the... Read more »
The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition... Read more »
Statement From NAR Chief Economist Lawrence Yun: Current State of Housing Market and Market Forecast
“The current problem related to the housing market is limited supply. Even before the onset of the pandemic, in 2019, there was a shortage of approximately 4-to-5 million housing units in America.... Read more »