Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Federal prosecutors want more than a decade in the slammer for former L.A. councilman José Huizar, who admitted to leading a pay-to-play corruption scheme tied to real estate developers. Prosecutors urged a... Read more »
Medical Device Maker Spends 7M on Santa Clara Properties

Medical Device Maker Spends $157M on Santa Clara Properties

Medical device manufacturer Intuitive Surgical; has acquired three Santa Clara properties for a combined $157 million, reported the Mercury News. All three are adjacent to the Sunnyvale sites where the medical tech... Read more »
Medical Device Maker Spends 7M on Santa Clara Properties

Restaurant Business Acquires San Diego Industrial

Marcus & Millichap recently closed the sale of a 6,300-square-foot industrial property located in San Diego. The asset sold for $1,580,000. “The sale generated multiple offers and the buyer plans to occupy the property as... Read more »
State Farm Raising California Homeowner Policies 20%

State Farm Raising California Homeowner Policies 20%

Having a good neighbor as an insurer in California is about to cost a lot more. Illinois-based insurance giant State Farm is expected to increase its average rate for homeowner insurance policies... Read more »
DRE in the News – DRE

DRE in the News – DRE

COVERAGE INFORMATION: California Department of Real Estate (DRE) NEWS CLIPS service coverage: Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that... Read more »

Some Ideas to Help Close the Knowledge and Skill "Competency Gap"

Re-Examining (via Social Media) Some Ideas to Help Close the Knowledge and Skill “Competency Gap” Among California Real Estate Licensees is now available(4/23/2018) Source link Read more »
What Happens to Homeowners if it Crashes?

What Happens to Homeowners if it Crashes?

How Does a Market Crash Affect Homeowners? If home values fall quickly, purchasers may find themselves with underwater mortgages, which means they must either stay in the house until the market recovers... Read more »
Bolour Eyes Housing Conversion of Hollywood Landmark

Bolour Eyes Housing Conversion of Hollywood Landmark

Bolour Associates wants to turn the top floor of a century-old commercial landmark in Hollywood into live-work flats. The Beverly Hills-based developer has filed plans to convert the second floor of the... Read more »
How LOs, mortgage execs are preparing for 2024

How LOs, mortgage execs are preparing for 2024

After nearly two years of trudging through a frozen housing market, the consensus among mortgage professionals is that the worst of it is over. The Federal Reserve recently signaled plans to slash... Read more »
How LOs, mortgage execs are preparing for 2024

Housing inventory defied all predictions in 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the... Read more »