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Will Supreme Court decision threaten CFPB independence?
Friday, the Supreme Court agreed to hear the case to determine the constitutionality of the leadership of the Consumer Financial Protection Bureau. Reported by HousingWire
While Seattle housing stays flat, median rent continues to rise
Seattle homebuyers may be seeing "some relief" this summer, but Seattle renters aren't going to beat the heat. According to a new report from Zillow, in June median rents in Seattle rose to $2,259, up 3.8% from the same time a year prior. That's not that far off from the rise of the U.S. ... Reported by SeattlePI
Can I Sell My Apartment While My Building Is Being Repaired?
You can, but you probably don’t want to in the current market. Reported by NYTimes
Freddie Mac names new executive vice president and chief information officer
Freddie Mac announced Friday that Frank Nazzaro has been named executive vice president and chief information officer. Nazzaro originally joined Freddie Mac in 2018 as its chief technology officer, and has been the acting CIO since May 2019. Reported by HousingWire
Why Black Homeowners in Brooklyn Are Being Targeted for Fraud
Deed theft, or stealing the title to a house, has become a worrisome crime in Brooklyn, targeting rapidly gentrifying communities of color. Reported by NYTimes
Wells Fargo settles allegations of discriminating against female, African American job applicants
A federal investigation found that Wells Fargo discriminated against thousands of African American and female job applicants based on their race and/or gender, the Department of Labor said this week. The Labor Department announced this week that it reached a settlement with Wells Fargo over ... Reported by HousingWire
Shopping for Bathroom Sconces
Because the most important source of light in your bathroom isn’t the ceiling fixture. Reported by NYTimes
September’s home sales nearly hit 3-year high
In September, America’s home sales climbed 8.1%, representing the largest year-over-year increase since 2016, according to the RE/MAX National Housing Report. Once again, buyer demand outpaced home sales, resulting in the largest inventory decline in over a year. Reported by HousingWire
FHFA may use consent decrees to reduce GSE “election risk”
The Trump administration has laid out more than two dozen unilateral actions it wants to take to put Fannie Mae and Freddie Mac firmer ground and release them from government conservatorship. But, there’s a little thing called “election risk.” A new president can throw the blueprint ... Reported by HousingWire
Airbnb doubles its loss in Q1
Short-term rental site Airbnb doubled down on its loss from the first quarter of 2018 in the first quarter of 2019, but it the company appears more ready for growth than ever. Why? Because the loss is due to an increase in marketing spending. Reported by HousingWire
Keith Haring Mural Cut Out of New York Stairwell Heads to Auction
The move, by a church that housed the figures in its former youth center, prompts questions about who should benefit from a public work of art. Reported by NYTimes
TV designers buy Montauk home from Sports Illustrated Swimsuit Issue photographer
The property sold for close to the asking price of $1.9 million, says the listing agent. Reported by Newsday
Live it up on the waterfront with this Vashon estate for $3.2 million
Located at 22924 Vashon Highway SW and listed for $3.2 million, this nearly-4000 square foot house sits a stone's throw from the beach. Seriously: head down one flight of stairs, and you're there. Reported by SeattlePI
Here’s how climate change could also change home values
Poorer communities in the U.S. are more likely to face falling home values as they struggle to adjust to floods and rising insurance costs, according to an article from Bloomberg. Reported by HousingWire
Centerport round house lists for $419,000
The two-bedroom, one-bathroom home features wood paneling throughout, hardwood floors and a new oil tank. Reported by Newsday
$3.6M mid-century has history and its own private dock
On the market for the first time in 40 plus years, this preserved Seward Park mid-century comes with history, 100 feet of waterfront, and its own dock. Yours for $3.6 million. Reported by SeattlePI
Who’s in Charge of Your Child’s Décor?
When children want to design their own rooms, there are ways to honor their choices without giving in to every whim. Reported by NYTimes
Six Must-Haves Needed to Seduce Buyers
A look at the appliances and finishes that developers say will make their new high-style condos stand out from the high-style competition. Reported by NYTimes
At $489K, small but clever houseboat lives twice its size
On Lake Union, the "Oh What a Day" is a 6o6 square foot, two-level, roof deck-sporting floating home-- a more enticing condo alternative you may never find, at least not priced at $489,000. Reported by SeattlePI
Embrace Home Loans names new senior vice president, retail and direct sales
Embrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales. Reported by HousingWire
Supreme court to take on CFPB constitutionality case
The Supreme Court announced Friday it will take on the case challenging the constitutionality of the Consumer Financial Protection Bureau’s leadership. As it stands now, President Donald Trump cannot fire the CFPB director unless it’s for cause. Now, the Supreme Court will have the final say. Reported by HousingWire
The Return of Golden Age Design
With so many glass towers vying for attention in New York City, some developers are looking to the past for inspiration. The result: new buildings with Art Deco and neo-Georgian flourishes. Reported by NYTimes
First Ones In
Being the first people to move into a brand-new building may come with some risk, but it also has its perks. Reported by NYTimes