When to Lower the Price of Your House in Today’s Market

Key takeaways A lack of showings, declining online engagement, and no serious offers can signal that your home is overpriced. About 20.2% of active listings nationwide have reduced their asking price. Most effective price cuts are meaningful enough to attract new buyers, often around 2% to 5%. In so

Trial of Palisades Fire Arson Suspect Ends in Hung Jury

The judge in the trial of the suspected arsonist behind the deadly Palisades fire declared a mistrial on Friday, saying jurors were hopelessly deadlocked on a verdict. Arson suspect Jonathan Rinderknecht, 29, faces three federal counts: arson, malicious destruction by means of fire, and timber set a

Florida homebuyers sue Compass over $475 transaction fee

Homebuyers in Florida have filed a lawsuit against Compass challenging a transaction fee the brokerage charged them upon the close of their August 2024 home purchase.  Filed on Tuesday in Palm Beach County, Florida circuit court by plaintiffs Jeff and Melissa Efron, the suit accused Compass of “unfa

New York AG charges suspect in alleged deed theft involving 92-year-old homeowner

New York Attorney General Letitia James has charged a Queens resident with allegedly stealing the Brooklyn home and savings of a 92-year-old woman with dementia, in a case highlighting how deed theft continues to strip home equity and housing security from elderly homeowners in New York City. On Thu