A jury awarded $1.785 billion in damages after finding the real estate industry colluded to inflate commissions.
The Starwood Capital Group chairman scooped up distressed assets in the aftermath of the US savings and loan collapse.
Big money spent a fortune snapping up homes. Now, regular folk are outsmarting the pros.
The monthly payment on a $600,000 loan at current rates is $3,718, up from $2,565 at the end of last year.
The property industry is grappling with a pullback from investors, financing challenges and even more layoffs.
Zillow is the latest real estate company to shrink its workforce in recent months.
Home Partners isn't first large investor to back away from the overheated housing market.
Inflation decelerated more than expected in July, which has eased some pressure on mortgage rates.
Sun Belt cities including the Texas capital have dominated various lists of the top housing markets in recent years.
Investors who helped propel U.S. home prices to record levels are pulling back.
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