February 5, 2025 - 06:49
The Los Angeles City Attorney's office has initiated legal action against the real estate company Blueground, claiming that the firm engaged in illegal price gouging practices amid the ongoing crisis caused by recent fires. The lawsuit alleges that Blueground took advantage of the emergency situation by significantly raising rental prices, thereby exploiting vulnerable residents who were in desperate need of housing.
City officials have expressed their commitment to protecting consumers and ensuring that businesses adhere to the laws designed to prevent price gouging during emergencies. The complaint highlights specific instances where rental prices were allegedly inflated beyond reasonable limits, making it difficult for individuals and families affected by the fires to secure affordable accommodations.
As the legal proceedings unfold, the City Attorney's office is urging other businesses to comply with existing regulations and refrain from taking advantage of the crisis. This case reflects a broader effort to hold companies accountable for their actions during emergencies and to safeguard the interests of the community.
July 30, 2025 - 09:45
Real Estate Transactions in Lucas County: July 18-24, 2025In the week spanning July 18 to July 24, 2025, several notable real estate transactions took place in Lucas County, highlighting the ongoing activity in the local property market. One significant...
July 29, 2025 - 22:02
Record-Breaking Sale: Dr. Nicole Martin's Waterfront Mansion Sold for $40 MillionIn a stunning real estate transaction, Dr. Nicole Martin`s luxurious waterfront mansion in Coral Gables has been sold for an astounding $40 million. This sale marks a new record for the area,...
July 29, 2025 - 02:07
Positive Changes on the Horizon for Real Estate AppraisersIn a significant shift for the real estate appraisal industry, professionals who have long faced challenges and abuse are beginning to see a glimmer of hope for improvement. The landscape for...
July 28, 2025 - 08:18
Groundbreaking Ceremony for New 312-Unit Residential Development in Lexington, MALEXINGTON, Mass.— A significant milestone has been reached as construction has officially commenced on a new residential project featuring 312 mixed-income units at 17 Hartwell Avenue. This...