HUD reaches agreement with Texas county over alleged misuse of disaster buyout program

The U.S. Department of Housing and Urban Development (HUD) on Friday announced an agreement with Harris County, Texas, to settle allegations of discrimination based on race and national origin in its “design and operation of its Post Disaster Relocation and Buyout Program.”While the county is party

Why new-home sales had such a big beat

The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a

Staggering $68 Million Lake Minnetonka Mansion Aims To Shatter Minnesota’s House Price Record

Courtesy of SpacecraftingMinnesota boasts plenty of phenomenal and luxurious homes, but the state is not traditionally associated with glamorous and imposing lakefront mansions that go for tens of millions of dollars.But one magnificent property looks set to change Minnesota’s real estate image once

DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry.The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially infla