Beverly Hills’ Building Halt May “Tap the Brakes” on Deals

Beverly Hills’ Building Halt May “Tap the Brakes” on Deals

Los Angeles County Superior Court Judge Curtis Kin has ordered the City of Beverly Hills to stop issuing building permits for anything but new residential developments — putting a hold on everything... Read more »
Existing home sales are working from a historic low bar

Existing home sales are working from a historic low bar

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks... Read more »
Existing home sales are working from a historic low bar

Patriot Bank to pay $1.9M to settle DOJ’s redlining accusations

Tennessee-based community bank Patriot Bank agreed to pay $1.9 million to resolve allegations from the Department of Justice (DOJ) that it engaged in redlining discriminatory practices. The DOJ alleged that from 2015... Read more »
loanDepot begins bringing more systems back online after cyberattack

loanDepot begins bringing more systems back online after cyberattack

Nonbank mortgage lender and servicer loanDepot has started to restore functionality to some of its technology systems impacted by an early January cyberattack. However, its operations remain impacted as it continues to... Read more »
Existing home sales are working from a historic low bar

Current housing inventory insufficient for aging needs, report says

Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of an aging population. This is according to a report... Read more »
Realm, Bascom Default on M Loan for Planned DTLA Tower

Realm, Bascom Default on $33M Loan for Planned DTLA Tower

Realm Group and the Bascom Group had their sights set on a 37-story residential tower in Downtown L.A., slated to be one of the tallest apartment buildings in the market.  But the... Read more »
Existing home sales are working from a historic low bar

Country Club Mortgage to lay off employees, including CEO, and shutter offices

Country Club Mortgage, a home lender based in California, has decided to lay off over 100 employees due to “facility closures,” documents sent to state regulators show.  “This letter serves to give you an amended... Read more »
A 19th century massacre clouds plans for a tribal casino north of Sacramento

A 19th century massacre clouds plans for a tribal casino north of Sacramento

REDDING —  To the native Wintu people it was Bohem Puyuik, the “Big Rise,” and no wonder. Mt. Shasta towered above everything else, her loins delivering the natural springs and snowmelt that birthed... Read more »
MBA, NHC laud lawmakers for unveiling bipartisan tax agreement

MBA, NHC laud lawmakers for unveiling bipartisan tax agreement

Just ahead of a deadline to avert a partial U.S. government shutdown, lawmakers in the U.S. House of Representatives and the U.S. Senate unveiled the “Tax Relief for American Families and Workers... Read more »
Luxury smart homes moving toward mass adoption: Coldwell Banker

Luxury smart homes moving toward mass adoption: Coldwell Banker

Real estate January 19, 2024 Tech and wellness continue to command the attention of luxury homebuyers. Image credit: Coldwell Banker   By Emily Iris Degn American real estate franchise Coldwell Banker’s Global Luxury... Read more »