The housing market update still looks relatively stable on the surface. Inventory rose to 723,460 single-family homes in the week ending April 3, while 34.44% of listings had price cuts and the weekly absorption rate came in at 10.49%. At the national level, the baseline is still holding. As HousingWire Lead Analyst Logan Mohtashami noted […]
The housing market is fragmenting as local trends diverge Read More »
A Massachusetts judge has barred home equity contract provider Hometap from arguing that state regulators previously approved or implicitly sanctioned the company’s business model — strengthening the attorney general’s consumer protection lawsuit against Hometap. In a Dec. 19 decision, Suffolk County Superior Court Judge Debra Squires-Lee ruled that such fairness-based arguments cannot be used to
Judge blocks key Hometap defenses in Massachusetts HEI lawsuit Read More »
Boston has emerged as HousingWire’s hottest major metropolitan housing market heading into 2026 — fueled by chronic supply shortages, rapid sales and a job base that continues to outpace national trends. Local experts say the metro’s long-standing economic strength and global pull are driving competition even as interest rates and broader economic uncertainty persists. Todd
Boston emerges as hottest large metro market entering 2026 Read More »
Kriss Law/Atlantic Closing & Escrow (KL/ACE) has merged with DaMore Law and its Vermont division, Green Mountain Lawyers — expanding the attorney-driven settlement firm’s reach across New England and strengthening its presence in Vermont. Merging brings DaMore Law’s 25-year regional presence — with offices in Burlington, Vt., Methuen, Mass., and Killington, Vt. — into KL/ACE’s
Kriss Law/Atlantic Closing & Escrow expands New England footprint with merger Read More »
A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the
Greystar reaches $7M settlement in rent-setting lawsuit Read More »
A lawsuit filed earlier this year by the state of Massachusetts against home equity investment (HEI) provider Hometap is being allowed to proceed after a ruling in August by a Suffolk County Superior Court judge. And the parties made new filings in court last week as they attempt to convince the court of the merits
Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts Read More »
A legal battle over the validity of home equity investments (HEIs) and whether they should be classified as reverse mortgages has come to an end in Washington state. Unison, one of the nation’s leading providers of HEI products, settled the case with plaintiffs Charles and Janine Olson, according to court documents reviewed by HousingWire’s Reverse
Unison settles lawsuit after HEI product ruled to be reverse mortgage Read More »
Cypress Loan Servicing has reached a $2 million settlement with the Massachusetts Attorney General’s Office (AGO) over allegations that it violated state foreclosure prevention and consumer protection laws. According to the AGO, Cypress — formerly known as Rushmore Loan Management Services — allegedly put homeowners at unlawful and unnecessary risk of foreclosure by violating Section
Cypress Loan Servicing settles foreclosure case for $2M Read More »
Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. The policy, put forth by the state’s Executive Office of Housing and Livable Communities (EOHLC), prohibits sellers and their agents from requiring or encouraging buyers to waive a home inspection as a condition of purchasing real estate. It also
Massachusetts set to bar home sellers from requiring inspection waivers Read More »
As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the
Federal Reserve watchdog investigates efforts to dismantle CFPB Read More »