More home sellers on the East Coast are getting in on the commission lawsuit action. Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding... Read more »
Mortgage rates are influenced by many factors, such as the supply and demand of housing, the economic conditions, the monetary policy, and the expectations of the market. It is hard to predict... Read more »
The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of attorney opinion letters (AOLs) on Wednesday. In the letter... Read more »
Snap wants a real estate haircut in Santa Monica, but can’t decide between a buzz or a trim. The locally based parent of Snapchat wants to cut its office expansion at Santa... Read more »
Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes, the company announced on Tuesday. The latest acquisition comes on the heels of a series of other proptech startup purchases.... Read more »
Los Angeles is hemorrhaging millions of dollars to bail out the Skid Row Housing Trust — and may spend another $70 million to redevelop its oldest and most troubled buildings. The city... Read more »
California-based Pennymac Financial Services’s broker division, Pennymac TPO, launched a home equity loan product as tappable home equity nears its 2022 peak. “Pennymac’s broker partners can now offer their clients a home... Read more »
LaSalle has listed two office properties in Playa Vista for sale, according to LoopNet listings and property records. The buildings — 5340 Alla Road and 12901 West Jefferson Boulevard — together total... Read more »
In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers. That’s according to the National Association of Home Builders (NAHB) Home Building Geography... Read more »
A Santa Monica house designed by Peter Choate, an architect popular with Hollywood glitterati in the mid-to late 20th century, has sold in an all cash deal for $22.5 million. The 9,300-square-foot... Read more »