The Federal Reserve lost $18.7 billion last year, as it continues to recover from pandemic stimulus programs and inflation. That’s according to audited financial statements the Fed released Wednesday and marks the... Read more »
Regional market data is reinforcing the same story playing out nationally: Housing demand is holding up across major metros, even as mortgage rates move closer to levels that have historically pressured activity.... Read more »
Los Angeles City Council Member Nithya Raman sought to close her gap with incumbent Mayor Karen Bass as she revealed a plan to make sweeping changes to boost housing production. Raman’s press... Read more »
Homeowners in Orlando, FL, can now get more than $10,000 in rebates to build accessory dwelling units on their property and rent them out as workforce housing. The ADU Incentive Program—which was... Read more »
There’s a lot of noise in real estate right now. Private listings. MLS debates. Industry changes. New rules. But what if none of it actually matters? TAKE THE INMAN INTEL INDEX SURVEY... Read more »
The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
Healthpeak Properties acquired two Cobb County senior living facilities for a combined price of $240 million. The properties are expected to be transferred to the portfolio of Janus Living, a real estate... Read more »
Pasadena officials sided with housing production over neighborhood resistance, clearing the way for a contentious 46-unit condominium project despite months of design complaints. On Monday, the Pasadena City Council unanimously denied an... Read more »
Newmark negotiated a 166,867-square-foot, long-term headquarters lease renewal and expansion on behalf of North Los Angeles County Regional Center (NLACRC) at Wset Valley Corporate Center, 9200 Oakdale Ave. in Chatsworth. The transaction... Read more »
Mortgage applications dropped for the second consecutive week as rates moved higher again. Home loan applications decreased 10.5% for the week ending March 20, according to the Mortgage Bankers Association. The Market... Read more »