Number of price cuts drops as housing inventory rises

Number of price cuts drops as housing inventory rises

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow... Read more »
Hollywood Park Mega-Project Opens Second Residential Building

Hollywood Park Mega-Project Opens Second Residential Building

Hollywood Park, a mixed-use mega-development under construction in Inglewood, has expanded its residential offering with the debut of The Crosby. The 214-unit apartment property is now open for leasing.  “Building on the success of The... Read more »
Huntington Sends Housing Mandate Decision to Appeals Court

Huntington Sends Housing Mandate Decision to Appeals Court

Huntington Beach has dug in its heels against a state requirement to plan for thousands of homes. The Orange County city has appealed a federal judge’s decision to toss its challenge to... Read more »
Don’t Get Burned by Rental Listing Scammers – Department of Consumer Affairs

Don’t Get Burned by Rental Listing Scammers – Department of Consumer Affairs

The real estate market in California is hot and some people searching for apartments and home rentals are getting burned by purchasing useless rental listings. Crooks are ready to take advantage of... Read more »
Orlando Housing Market Trends and Forecast for 2024

Orlando Housing Market Trends and Forecast for 2024

The Orlando housing market has been showing significant activity in recent months. The current market conditions in Orlando indicate a shift towards a more balanced landscape. With a rise in inventory and... Read more »
REcolorado partners with four other MLSs on data sharing agreement

REcolorado partners with four other MLSs on data sharing agreement

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. REcolorado, the state’s largest multiple listing... Read more »
New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. Known... Read more »
REcolorado partners with four other MLSs on data sharing agreement

Mortgage volumes collectively fell $138B at Wells, JPMorgan and BofA in 2023

In January 2023, Wells Fargo announced the decision to exit the correspondent business, and originations through the channel declined to $1.1 billion for the year from $44 billion in 2022. But the... Read more »
Staging Firm Vesta Homes sues Nightfall Group for Non-Payment

Staging Firm Vesta Homes sues Nightfall Group for Non-Payment

Legal troubles continue to mount for short-term rental impresario The Nightfall Group and its founder Mokhtar Jabli. Los Angeles-based Vesta Homes, a well-known staging company that prepares the interior of luxury mansions... Read more »
REcolorado partners with four other MLSs on data sharing agreement

Rhode Island historian uses a reverse mortgage as an estate planning tool

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island’s honorary historian laureate after the property was returned to the owner after attempts to bequeath... Read more »