Could the Housing Inventory Shortage be Causing Compliance Concerns?

Join DataVerify and industry experts for a conversation about how the current housing inventory shortage could cause compliance concerns now and in the future.

Side’s Spencer Krull on brokerages, Los Angeles real estate

During this episode of HousingWire Daily, we pressed Spencer Krull on the modern-day purpose and economic viability of a brokerage, and what Side’s distinctive model specifically offers.

eXp CEO loves Glenn Stearns’ star power

Residential real estate brokerage eXp continues to be profitable, and company CEO Glenn Sanford became a fan of Glenn Stearns through reality television. HW+ Premium Content.

Why female leadership is crucial to the mortgage industry

HousingWire recently spoke with Keri Stichler about why female leadership is crucial in the mortgage industry and how companies can advocate for inclusivity.

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Eminent domain: Whose land is it anyway?

HousingWire has covered eminent domain as both a tool some want to use for dealing with underwater mortgages, and as a tool used improperly in real estate deals.

CNBC looks at the effects of the landmark Kelo decision now, almost a decade later.

Nine years ago, James Dupree bought a rundown warehouse and onetime horse stable in Philadelphia so he could convert it into an art studio. The 64-year-old muralist and painter knew he would have to spend thousands of dollars to fix it up.

What he didn't know was that the city was going to use the power of eminent domain to take the property and convert the block where Dupree's studio sits into to a high-end shopping area.

Most court challenges to eminent domain have been rejected over the years and in some cases have led to expansion of the practice. Experts point to a 2005 ruling by the U.S. Supreme Court , Kelo v. City of New London, as a game changer.

That ruling affirmed the authority of New London, Conn., to take nonblighted private property by eminent domain for the purpose of increasing municipal revenue.

"That ruling allowed the taking of residential property under the idea that it was good for the people," said Nicholas Chop, director of litigation at Integra Realty Resources. "It's really opened up the floodgates when it comes to eminent domain."

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Home prices are still rising, but relief for buyers is coming

Domestic home prices increased 2.3% from May to June, and 17.2% year-over-year, per CoreLogic. Twin Falls, Idaho had the highest annual increase at 40.2%.

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3d rendering of a row of luxury townhouses along a street

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