Homeownership among Black Americans drops to 4-year low
Results were down roughly 1.5% from this time last year and marked the steepest annual decline since the third quarter of 2021.
Real Estate
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Compass taps former NAR settlement attorney Ethan Glass as chief legal officer
Glass represented the National Association of Realtors in the Sitzer-Burnett lawsuit, and Compass in its lawsuit against Northwest MLS.
Bill aims to expand affordable housing on unused religious, college land
Federal resources would help religious institutions and higher education campuses develop rental housing on property they already own.
Los Angeles ‘mansion tax’ fuels record affordable housing funding
Most of the money — $316 million — comes from Measure ULA, a transfer tax on property sales above $5 million that voters approved in 2022.
Tech Pulse: Trendsetters nominations open, AI sales agent eases mortgage process
Nominations are open for HousingWire’s 2025 Tech Trendsetters Award, and we’re catching up with inaugural winners from 2019.
Housing market risk steepest in southern, western areas
Of the 50 riskiest counties, 14 were in California and seven were in Florida. New Jersey had five and Louisiana had four.
Zillow removes photos at center of CoStar suit from site
A Zillow spokesperson confirmed that the company is only removing photos related to CoStar’s copyright infringement lawsuit.
MTV host Nēv Schulman joins Coldwell Banker Warburg as agent
MTV reality show host Nev Schulman, son of RealTrends Verified top-producer Robert Schulman, joins Coldwell Banker Warburg.
Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
RealTrends Verified mega team Noble Black & Partners returns to Corcoran
Noble Black and his team are returning to Corcoran with a $500 million listing book after a decade with Douglas Elliman