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Impact of climate-fueled disasters seen in insurance, real estate data

Impact of climate-fueled disasters seen in insurance, real estate data

California, Climate Change, Insurance, Louisiana, Property taxes, Public finance, Trends in the Regions /

Point-Aux-Chenes, Louisiana, after Hurricane Ida in 2021.Bloomberg News Climate change-driven disaster risks are having a measurable impact on property insurance rates and home values, according to a recent National Bureau of Economic Research paper. Processing Content In a paper released in June 2024 and revised last month, academics Benjamin Keys and Philip Mulder say their […]

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High-end metros see price drops, longer selling times

California, Florida, Hawaii, Home Prices, Housing Market, Housing Market Data, Luxury Real Estate, New York, Real Estate, Real Estate Listings /

Pricier metropolitan areas are posting a noticeable slowdown as high-end homes take longer to sell. The top 10% of metro markets — those with median prices above $666,464 — recorded a 2.5% year-over-year price decline in October, HousingWire Data shows. Average home prices in these metros fell from $1.04 million to $1.01 million, marking a

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Greystar reaches $7M settlement in rent-setting lawsuit

California, Colorado, Connecticut, HWmember, Illinois, Lawsuit, Legal, Massachusetts, Minnesota, North Carolina, Oregon, Real Estate, RealPage, Rental Properties, Tennessee /

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the

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Foreclosure activity up nearly 20% in October

Attom Data Solutions, California, Florida, Foreclosure, HWmember, Illinois, Mortgage, New York, Real Estate, Texas /

ATTOM released its October 2025 U.S. Foreclosure Market Report, showing 36,766 properties with foreclosure filings — including default notices, scheduled auctions or bank repossessions — a 3% increase from September and more than a 19% increase from a year ago. October marked the eighth straight month of year-over-year foreclosure activity increases, with completed foreclosures up

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Industry, advocates react to California’s proposed insurer solvency rules

Industry, advocates react to California’s proposed insurer solvency rules

California, Climate Change, Property and casualty insurance, Regulation and compliance /

Takeaways: Large insurers would have to assess and disclose climate risks Proposal requires risk projections for next three decades Advocates want more risk mitigation efforts and disclosures California insurance commissioner Ricardo Lara’s proposed Long-Term Solvency Regulation, announced October 28, has insurers criticizing its provisions while consumer advocacy groups call for more disclosures and climate mandates.

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San Diego sellers hold firm on pricing as homes linger 50% longer than last year

Artificial Intelligence, California, Housing Market Data, HWmember, Local Market Spotlight, San Diego /

San Diego-Carlsbad-San Marcos metro homeowners are betting on patience over price cuts, maintaining a $1,225,000 median list price even as properties take 63 days to sell, a 50% jump from 42 days a year ago. The standoff between sellers and buyers has created a notable slowdown in market velocity, with only 369 homes absorbed weekly

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Top California team joins Equity Union Real Estate

Agent, California, Equity Union Real Estate, HWmember, Los Angeles, Luxury Real Estate, People Movers, Real Estate, RealTrends Verified GameChangers, RealTrends Verified Rankings /

Equity Union Real Estate announced Thursday that Dennis and Yana Chernov, along with The Chernov Team, have joined the Los Angeles-based brokerage. The Chernov Team — known for its work in luxury real estate — specializes in new construction and residential sales, including traditional homes and condominiums. The group ranked No. 13 nationally by RealTrends

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Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker /

loanDepot wasn’t the first mortgage lender to accuse West Capital Lending (WCL) of engaging in unlawful business practices — allegations that have drawn renewed attention to the tensions between retail mortgage lenders and brokerages in California. The cases spotlight the transfer of leads and borrowers when loan officers move between companies, raising questions about the

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Home seller profits down in most metros despite record sale prices

Attom Data Solutions, California, Florida, Home Prices, Homeownership, Housing Market, HWmember, Texas /

U.S. homeowners made an average profit of 49.9% on single-family home and condominium sales in the third quarter of 2025, according to ATTOM’s newest U.S. Home Sales Report. That’s up slightly from 49.3% in the second quarter but down from the 55.4% margin seen in the third quarter of last year. Sellers typically earned $123,100

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Los Angeles home prices level off as new listings trend lower

Artificial Intelligence, California, Housing Market, Housing Market Data, HWmember, Los Angeles /

The Los Angeles metro housing market remains tight, but prices show early signs of softening as new listings come in below current medians. HW Data shows about 1,437 single-family homes sold last week, underscoring steady demand even as affordability remains a challenge. The Market Action Index registered 41.5 last week, signaling firm competition among buyers.

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