San Bernardino County, Calif., on Thursday abandoned a bold proposal to ease the foreclosure crisis by using eminent domain to take over houses with underwater mortgages, a retreat experts say will likely make other municipalities in California and beyond think twice about adopting a strategy certain to face drawn-out legal challenges from the banking industry.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Why housing demand is up and inventory is down in 2026
Pending sales rose to 75,856 vs 72,039 in 2025 as inventory turned negative year over year with mortgage rates near 6.58%.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio