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Following the housing bubble of 2008, the government allegedly established a fail-safe mortgage program to avert future bubbles. It didn't work.
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The e-commerce giant said it was starting a fund of more than $2bn (£1.47bn) aimed at creating or preserving 20,000 homes across three regions in the US.
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Housing advocates have accused Redfin of “redlining” minority neighborhoods with a price policy that can make it harder for people of color to sell their homes.
Redfin will only act as a
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A bombshell court ruling means that the opponents of plans for a massive Lower East Side development project have lost their battle to chop the planned towers down to size. The state appeals court last week decided that the towers planned for Clinton, Cherry and South streets don’t need to go through the city’s tortuous …
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US home sales rose at a record pace for a second straight month in July and home prices hit a record as historically low interest rates boosted demand for homes even as the coronavirus pandemic put millions of people out of work. The National Association of Realtors said on Friday existing home sales rose 24.7 …
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US applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead the economy’s recovery from the novel coronavirus crisis even as high unemployment is expected to linger. The Mortgage Bankers Association said on Wednesday its seasonally adjusted Purchase Index increased 8.6 percent from a week earlier. …
Following the housing bubble of 2008, the government allegedly established a fail-safe mortgage program to avert future bubbles. It didn't work.
