Zillow says consumer agency is threatening legal action over its ad practices

You're probably familiar with the online realty marketing giant Zillow because of its voluminous home sale listings and its controversial "Zestimate" property valuation feature.

But you may not know this: Zillow is in hot water with the federal government over alleged violations of anti-kickback and deceptive practices rules.  SANTA BARBARA LIVING - REAL ESTATE DOES NOT PARTICIPATE IN THESE ACTIVITIES. 

Economic Outlook: Slow Going to Push Rate Hike to End of Year

Analysts anticipate a slowdown for the economy in the latter half of 2017, with housing having less bearing on growth due to constraints in supply, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for July 2017. The Outlook maintains the economy will grow 2.0 percent over the course of the year, but also projects a delayed key interest rate hike.

FOREIGN BUYERS SEE THE VALUE IN US PROPERTIES

Foreign home-buying in the U.S. leaped 49 percent to $153 billion in the last year, a record high in the National Association of REALTORS® (NAR) Profile of International Activity in U.S. Residential Real Estate, recently released for 2017. The boost came as activity from Canada exploded to $19 billion, with buyers from China, India, Mexico and the UK also contributing considerable volume.