LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according to reports.

Homebuyer mortgage demand picks up for 1st time in 6 weeks

After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs.

As NAR scandal unfolds, keep up with Inman’s latest coverage here

From Janelle Brevard's harassment suit to the fallout that ensued following the resignation of National Association of Realtors president Kenny Parcell, stay up to date with NAR coverage here.

Pending sales rise at fastest clip since January as buyers shift gears

Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data.