Clifford Rossi speaks from the vantage point of someone who has been inside the government-sponsored enterprises (GSEs). In different periods during the 1990s and 2000s, he served as a senior financial economist at Fannie Mae and as senior director of single-family risk management at Freddie Mac. Rossi was among the earliest advocates of merging the two mortgage giants, an idea that has gained traction...
A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents. Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division, the lawsuit claims that the defendants engaged in a...
Bonus Homes, a real estate technology and investment firm, announced on Tuesday plans to open its headquarters in the Greater Phoenix area after raising $65.5 million in seed funding. A press release from the company said that the seed funding is from Solyco Capital, Redwood Trust, Nextview Ventures, Operate Ventures and Alpaca VC. With the funding, Bonus Homes said it will “scale its financial...
Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800 million. The plan — spearheaded by the Michigan Municipal...
Los Angeles has long been the measuring stick for luxury real estate, and its current crop of $40 million-plus listings proves why. The city’s rarefied pockets of Bel-Air, Hollywood, Beverly Hills, and Pacific Palisades are home to some of the priciest real estate in the country, where even a $40 million budget can feel like an opening bid. Bel-Air alone holds two of the city’s most eye-popping...
Finding the right home isn’t just about square footage or curb appeal anymore, it’s about understanding the community around it. For many buyers, questions about school quality, neighborhood safety, and local demographics carry just as much weight as the price tag. Real estate websites have caught on, now weaving school ratings and in-depth neighborhood data directly into their listings. In this...
Heat waves continue to affect most of the U.S. this summer. Here's how you can protect your HVAC system during the heat and conserve energy...
A cramped layout, dated finishes and awkward closets left this Oregon primary en suite bathroom feeling smaller than its footprint. To create a space that better suited the single homeowner’s needs, designer Amy Pearson reworked the layout and refined the style to deliver a more open,...
Picture this: You’re having a meeting with your contractor. The two of you are sitting at a table, discussing your primary bathroom project, which is almost finished (and looking great). You say to him, “While you’re at it, can we move the can light above my vanity 6 inches to the right?”...
A multi-pronged tenant outreach effort has produced a distinctive and vibrant selection of retailers at BXP’s Embarcadero...
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