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Automated Property Pricing Algorithms Bolster Price-Fixing Claims, Say DOJ

Automated Property Pricing Algorithms Bolster Price-Fixing Claims, Say DOJ

On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' utilization of pricing software.

U.S. Mortgage Rates Continue to Rise for Fourth Consecutive Week

Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.94 percent.

Zombie Properties in U.S. Increase 15.3 Percent Annually in Late 2023

According to ATTOM's newly released fourth-quarter 2023 Vacant Property and Zombie Foreclosure Report, almost 1.3 million (1,294,505) residential properties in the United States are vacant.

U.S. Mortgage Rates Continue to Surge in October

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.49 percent as of October 5, 2023.

Tourist Bookings to Hawaii Down 50 Percent Since Maui Wildfires

According to AAA, two months following the devastating wildfires in Maui, most of West Maui will begin to reopen to visitors on Sunday, October 8, 2023. The tragic wildfires killed 97 people and destroyed much of the historic town of Lahaina.

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Honolulu Property News

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Tourist Bookings to Hawaii Down 50 Percent Since Maui Wildfires

Posted on October 06, 2023
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U.S. Mortgage Applications Dip in Late August

Posted on September 06, 2023
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U.S. Labor Day Weekend Travel To Uptick in 2023

Posted on August 29, 2023
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Just One Percent of Homes Have Changed Hands This Year in the U.S.

Posted on July 20, 2023
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Record Setting 50.7 Million Americans to Travel This July Fourth Holiday

Posted on June 30, 2023
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Thirty One Percent of U.S. Metros Had Home Price Declines in Early 2023

Posted on May 10, 2023
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Banking, Finance Sectors Will Drive Largest AI Investments in 2023

Posted on May 05, 2023
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Nonresidential Construction Spending in the U.S. Upticks in March

Posted on May 02, 2023
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Profit Margins on U.S. Home Sales Drop to 2-Year Low

Posted on April 27, 2023
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Housing Choice Vouchers Not Keeping Up Rising U.S. Rents

Posted on April 26, 2023
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Home Builder Sentiment in U.S. Supported by Lack of Existing Inventory

Posted on April 25, 2023
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America's Industrial Market Experiences Sharp User Demand Declines in Early 2023

Posted on April 20, 2023
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Commercial Property Cap Rate Expansion Likely to Continue in 2023

Posted on March 20, 2023
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Half of U.S. Home Sellers Now Cutting Prices to Lure Buyers

Posted on March 16, 2023
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Mortgage Applications in U.S. Uptick in Mid-March

Posted on March 15, 2023
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Home Builders Applaud U.S. House Resolution to Rescind Biden's Waters of the U.S. Rule

Posted on March 10, 2023
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Austin Named Most Pet Friendly U.S. City for Renters

Posted on March 09, 2023
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U.S. Mortgage Rates Begin to Rise, Again

Posted on February 16, 2023

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