Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity can certainly be a beneficial tool... Read more »
Beverly Hills Remains Vulnerable to Builder’s Remedy

Beverly Hills Remains Vulnerable to Builder’s Remedy

The City of Beverly Hills is still vulnerable to builder’s remedy, after the state deemed its plan to build more housing over the next eight years was inadequate.  The state’s Department of... Read more »
Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Rocket Companies hires former Airbnb, Coca-Cola executive as its first-ever CMO

Detroit-based Rocket Companies, parent of Rocket Mortgage, has named Jonathan Mildenhall to its newly created chief marketing officer position, responsible for the marketing and communications teams for all the company’s brands. Mildenhall will create... Read more »
Rams will move headquarters, practice facility to Woodland Hills

Rams will move headquarters, practice facility to Woodland Hills

The Los Angeles Rams will move their practice facility to Woodland Hills next season as part of a large-scale real estate development planned by owner Stan Kroenke that could help give the... Read more »
First American makes progress on restoring systems from pre-Christmas cyberattack 

First American makes progress on restoring systems from pre-Christmas cyberattack 

Title insurance giant First American Financial reported progress on restoring its systems from a pre-Christmas cybersecurity incident. First American has fallen victim to data theft after a perpetrator exfiltrated data and encrypted... Read more »
New luxury residences arrive at world-famous golf resort in Spain

New luxury residences arrive at world-famous golf resort in Spain

Coming this spring, the villas will feature floor-to-ceiling windows, bespoke interiors and a range of upscale amenities. Image courtesy of Solvilla A set of high-end villas is soon to arrive at a European resort that... Read more »
Zoe Saldana Identified as Buyer of M Montecito Estate

Zoe Saldana Identified as Buyer of $18M Montecito Estate

Actress Zoe Saldana has been identified as the mystery buyer of a 4.8-acre historic estate in Montecito for $17.5 million. The star of the “Avatar” and “Avengers” series bought the 94-year-old Spanish... Read more »
Just Listed | 9229 SE Riverfront Terrace #J

Just Listed | 9229 SE Riverfront Terrace #J

Experience the 𝗣𝗢𝗪𝗘𝗥 of Home ECHOnomics…RAVISHING IN RIVERBEND3 Beds | 2/1 Baths Sweeping views of lush green fairways and blue skies! This townhome features a long porch for indoor/outdoor living with room to... Read more »
Reverse mortgage volume and securities issuance trend lower in December

Reverse mortgage volume and securities issuance trend lower in December

When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary: “thud.” Amid an already challenging... Read more »
What Are Seller Concessions in Real Estate? — RISMedia

What Are Seller Concessions in Real Estate? — RISMedia

When buying or selling a home, you must remember various financial considerations. One such aspect is seller credits, which can play a significant role in real estate transactions. Seller credits, or concessions,... Read more »