Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases.
"February 4, 2025" Archives
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Homeowners in California with an insurance policy from State Farm could see a 22% rate hike. The insurer sent a letter to the California Department of Insurance on Monday that described its “dire” financial situation due to the wildfires in Los Angeles County and a request for an “emergency” insurance rate hike. In addition to…
Cornerstone Capital Bank, a national mortgage originator and servicer, is launching a community lending division to serve underserved communities, the company announced this week. The new division will be based in Arlington, Texas. Cornerstone plans to close the homeownership gap for underserved communities in the 45 states that the company operates in. According to the…
The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling. Compass One gives clients easy…