January 29, 2025 - 23:45
The state Attorney General's Office has filed charges against a second real estate agent in Southern California for alleged price gouging. This comes in the wake of the devastating Eaton Fire, which prompted significant concerns about housing availability and affordability in the affected areas. The agent is accused of increasing the rental price of a home in Glendale by an astonishing 50%, taking advantage of the crisis and the urgent need for housing among displaced residents.
Such actions have sparked outrage within the community, highlighting the ethical responsibilities of real estate professionals during emergencies. The Attorney General's Office has emphasized that price gouging is illegal and undermines the principles of fairness and compassion that should prevail in times of crisis. As investigations continue, authorities are urging anyone who suspects price gouging to report it, reinforcing the commitment to protect consumers from exploitative practices during vulnerable times.
September 16, 2025 - 02:34
Choice Properties REIT Confirms September Cash DistributionChoice Properties Real Estate Investment Trust has confirmed its cash distribution for September, declaring a dividend of C$0.064 per trust unit. This decision reflects the trust`s commitment to...
September 15, 2025 - 04:33
Mortgage Rates Update: September 14, 2025 – Small Increase in Purchase Rates, Decline in Refinance RatesAs of September 14, 2025, mortgage rates have shown a mixed but generally optimistic trend. The average 30-year fixed mortgage rate stands at 6.54%, slightly higher than last week`s 6.50%,...
September 14, 2025 - 02:22
Explore Your Dream Home: Open House Events This SundayThe Michael Houck Real Estate Team is excited to announce a series of four open house events taking place this Sunday. This is a fantastic opportunity for homebuyers to explore a variety of...
September 13, 2025 - 01:46
Northgate Industrial Park Recognized Among Top Real Estate Developments of 2025Northgate Industrial Park has been celebrated as a standout project for 2025, earning accolades from the Sacramento Business Journal for its innovative design and significant economic impact. This...