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California AG charges first real estate agent with price gouging after LA fires

Housing Wire

California Attorney General Rob Bonta announced last week that criminal charges have been filed against a real estate agent who allegedly tried to price gouge a couple who lost their home in the Eaton fire. But inventory is rising and conditions favor sellers in many areas.

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57 crucial real estate statistics that explain the 2025 market

Housing Wire

The market action index is 37, indicating that there is a slight seller’s advantage. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers. 70% of sellers are repeat sellers, 30% are first-time sellers.

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California attorney general cracks down on rental price gouging

Housing Wire

Through the investigation, the attorney generals office learned that after being evacuated in the Eaton fire, the family contacted their real estate agent to find a rental property and inquired about a home in Glendale. Bontas office filed charges against another agent last Wednesday.

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Need to sell your house fast? Here are 7 great options

Housing Wire

A professional appraiser or real estate agent can help you figure out how much to list your home for. Roofstock Marketplace , for example, offers services to help sellers who need to sell their homes fast, including key market insights to help with pricing. Hire a Real Estate Agent.

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Here’s how to find property owners ready to sell

Housing Wire

“There’s still a massive amount of buyers and not enough inventory,” said Tyler White, Senior Vice President of Operations at PropStream, a real estate data provider. Access to property data and an ability to efficiently target prospective sellers can give agents and brokers a competitive edge in this low-inventory environment.

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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. Landlord concessions have also somewhat increased. However, housing affordability worsened.

Inventory 448
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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Training LOs and getting on sales calls with real estate agents, insurance agents and wealth managers are what Cohen is prioritizing to drum up sales in a market where he expects rates to be in the 5% levels. Kim: So would you say it’s a seller’s market right now? After originating $1.66 Rents are more expensive.

Buyers 418