Council of MLSs welcomes new board members

Council of MLSs welcomes new board members

The Council of Multiple Listing Services announced its new board of director members for 2024 on Tuesday. The MLS trade group said the new directors will assume their roles starting Jan. 1,... Read more »
Lithium Expected to Lead to Rise of Imperial County

Lithium Expected to Lead to Rise of Imperial County

Imperial County, a sparsely populated desert region in Southern California, is drawing attention not for its iconic landmarks like Salvation Mountain or the Salton Sea but for the vast lithium deposits hidden... Read more »
Trenton Housing Market: Prices, Trends, Predictions 2023

Trenton Housing Market: Prices, Trends, Predictions 2023

The housing market in Trenton, NJ, is currently characterized as a seller’s market, where demand outweighs supply, resulting in fast property sales and rising home prices. Here’s a detailed look at the... Read more »
Homeowners are getting worried about flood insurance costs

Homeowners are getting worried about flood insurance costs

Homeowners are increasingly concerned with flood insurance premium hikes impacting affordability, Fannie Mae‘s latest national flood survey showed.  Despite people’s personal flooding experience, consumers have a poor understanding of the flood risk... Read more »
Kennedy Wilson Sells Glendale Office at 60% Haircut

Kennedy Wilson Sells Glendale Office at 60% Haircut

UPDATED, Dec. 11, 8:59 a.m.: Kennedy Wilson has sold an office property in Glendale for a nearly 60 percent haircut, serving as a benchmark for how far office values have fallen in... Read more »
Builders rediscover a tool from the 1980s that keeps new home prices from falling

Builders rediscover a tool from the 1980s that keeps new home prices from falling

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns, a... Read more »
Relevant Group Sells Morrison Hotel Site at a Loss to AHF

Relevant Group Sells Morrison Hotel Site at a Loss to AHF

Relevant Group has sold the Morrison Hotel in Downtown Los Angeles — named after appearing on The Doors’ album cover of the same title — to AIDS Healthcare Foundation, The Real Deal... Read more »
Fintech Upright launches DSCR rental loan

Fintech Upright launches DSCR rental loan

Cleveland, Ohio-based fintech Upright has launched a debt service coverage ratio (DSCR) rental loan to investors, the company announced on Monday.  DSCR rental loans are non-qualifying mortgages (non-QMs) used by real estate investors to... Read more »
Marcus & Millichap and Archer Partner in Proptech deal

Marcus & Millichap and Archer Partner in Proptech deal

Marcus & Millichap, a Calabasas-based commercial brokerage firm, has announced a partnership with San Francisco-based technology company Archer to advance its presence in the proptech sector. The two companies have not disclosed... Read more »
Lease with an Option to Buy: A Comprehensive Guide

Lease with an Option to Buy: A Comprehensive Guide

A lease with an option to buy, also known as a lease-purchase agreement or rent-to-own agreement, is a contract that provides a unique opportunity for a renter to potentially purchase the property... Read more »