HomeServices: It is too soon for a ruling in Sitzer/Burnett

In a filing earlier this week, HomeServices of America asked Judge Stephen Bough, who is overseeing the Sitzer/Burnett commission lawsuit, to deny the plaintiffs motion for entry of judgement.In their mid-March filing, the Sitzer/Burnett plaintiffs asked the court to order HomeServices of America, t
Read MoreHalf of American households are struggling to cover rising housing costs

Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability Index.Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford t
Read MoreRepublicans look to codify tri-merge credit model into law

Rep. Scott Fitzgerald (R-Wis.) has introduced a bill to the U.S. House of Representatives that would codify the “tri-merge” credit model into law, a rebuke to the Federal Housing Finance Agency (FHFA)’s recent efforts to transition to a “bi-merge” model that would require only two credit reports to
Read MoreThe Bay Area is the country’s 4th-hottest housing market

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. In comparison, Seattle-Tacoma-Bellevue, the top-ranked metro ar
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