REO Sale of DTLA Mixed-Use Draws Deep Pool of Bidders

REO Sale of DTLA Mixed-Use Draws Deep Pool of Bidders

Colliers arranged the $13,450,000 REO sale of a 43,700-square-foot mixed-use retail/office property, 1001 Towne Ave., located in the Fashion District of Downtown Los Angeles. EVP Mark Schuessler, vice chair Sean Fulp and... Read more »

'Steering' May Add to Housing Market Woes – Kellie Speed

3,600-acre ranch in Ojai, CA, has resurfaced on the market-with an astonishing 50% price reduction. But even with the discount, it’s still the week’s most expensive home on Realtor.com®. According to The... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Rising home insurance costs are adding pressure for buyers: Insurify

The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise.  Over the past decade, home prices have nearly doubled, according... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Blend narrows loss in 2023, projects confidence in achieving profitability this year 

California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking footprint and growing its mortgage consumer base.  The San Francisco-based company reported a non-GAAP net loss... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Single-family rental investment returns to rise in 2024: Attom 

Investment returns for single-family rental homes are expected to rise in 2024, buoyed by rent prices that are rising faster than home prices across the country. The average annual gross rental yield... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Online service offers real estate aid to divorcing couples 

Hello Divorce, a platform that provides legal assistance to couples in the process of divorce, has introduced a new service, HomeSplit, to help individuals navigate the process of dividing their home’s financial... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Change Lending to join Federal Home Loan Bank of San Francisco

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). The Anaheim, California-based originator’s application was approved on Wednesday after it fulfilled all... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Guild earnings show more reverse mortgage activity after Cherry Creek acquisition

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side,... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Realtor.com reveals new tools to evaluate climate risk exposure 

Amid escalating climate concerns, Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday.  Realtor.com is leveraging... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Luxury Realty Group launches new AI avatar to assist homebuyers

Luxury Realty Group, a subsidiary of Luxury Realty Group Holdings, launched the beta testing for its conversational AI services website vuHome.ai, the company announced on Tuesday. The product will be available across... Read more »