MDLLA’s Tracy Tutor brings $4.55M designer-redone home to market in L.A.’s Outpost Estates

Million Dollar Listing Los Angeles star Tracy Tutor is adding another headline-making property to her portfolio — this time a meticulously restored 1938 residence in the coveted Outpost Estates at the base of the Hollywood Hills. Asking $4.55 million, the 1938 residence has been reimagined by design studio Two Muse, known for their artful mix of vintage pieces, bespoke furnishings, and modern...

Tokenization-Focused Real Estate Investment Bank Announced

World Property Bank Targets Multi-Trillion Dollar Real Estate Tokenization Opportunity Miami-based World Property Ventures, a global proptech venture firm operating at the intersection of Main Street real estate, Wall Street finance, Silicon Valley innovation, and DARPA-grade disruption, announced this week a new digital investment bank aimed at transforming global real estate capital markets. The...

Black U.S. Homeownership Rate Falls to Two-Year Low as Job Losses Mount

The U.S. homeownership rate for Black households dropped to 43.9% in the second quarter, its lowest level since late 2021, according to new data from Redfin. That's down from 45.3% a year earlier, marking the steepest annual decline since the third quarter of 2021. By contrast, Hispanic homeownership edged higher to 48.8% from 48.5%. Ownership among non-Hispanic white households slipped to 74% from 74.4%,...

Fannie Mae: Consumer housing sentiment slips in August

Americans grew slightly less confident about the housing market in August, as more consumers expressed concerns about job stability, selling conditions and future home prices, according to Fannie Mae’s monthly National Housing Survey. The agency’s Home Purchase Sentiment Index (HPSI) fell 0.4 points to a reading of 71.4 — with four of its six components declining. More positive outlooks for...

Compass taps former NAR settlement attorney Ethan Glass as chief legal officer

Compass has appointed Ethan Glass as its new chief legal officer. Glass — a veteran antitrust lawyer — previously led the global antitrust and competition practice at Cooley LLP and directed U.S. Department of Justice teams that investigated and sued multiple listing service (MLS) organizations over anticompetitive conduct. “I’m honored to join Compass, a company committed to empowering...

Homeownership among Black Americans drops to 4-year low

The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. !function(){"use strict";window.addEventListener("message",function(a){if(void 0!==a.data){var e=document.querySelectorAll("iframe");for(var t...

Tech that builds trust: Insights from Tech Trendsetter Simon Moir

HousingWire’s Tech Trendsetters award was created to recognize the visionaries behind the technology that powers housing. As we open nominations for the 2025 class of Tech Trendsetters, we’re revisiting past honorees whose insights continue to shape the industry. HousingWire reached out to 2022 Tech Trendsetter Simon Moir, vice president and segment leader for Wolters Kluwer‘s Banking Compliance...

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