The rental market is normalizing, but “normal” still depends on where you live

The rental market is normalizing, but “normal” still depends on where you live

After years of volatility, the U.S. rental market is settling into something closer to equilibrium. Nationally, rent growth has slowed to near zero, vacancy has risen, and the intense competition of the... Read more »
Torrance Industrial Property Trades Hands for 3 Million

Torrance Industrial Property Trades Hands for $123 Million

Industrial facilities in Torrance continue to trade hands as more firms seek locations to plant flags in the South Bay.  Link Logistics sold a 265,418-square-foot industrial building at 588 Crenshaw Boulevard in... Read more »
Why a  Million Detroit Mansion Just Sold for 0K—and What Its New Owner Plans To Do With It

Why a $9 Million Detroit Mansion Just Sold for $800K—and What Its New Owner Plans To Do With It

One of the most renowned homes in Detroit, Bishop Mansion—a grand, 35,029-square-foot brick and lime estate—has just sold for $800,000 after originally being listed for $9 million. One might think this is... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

Big news for anyone thinking about buying a home or refinancing! The average 30-year fixed mortgage rate has fallen by a whopping 98 basis points over the past year, hitting its lowest... Read more »
What D.R. Horton’s dominance means for every U.S. homebuilder

What D.R. Horton’s dominance means for every U.S. homebuilder

We’ve said it before. When D.R. Horton reports its quarterly earnings, what you’re watching isn’t just the scoreboard of America’s largest homebuilder. You’re watching a business model operating at a different altitude... Read more »
Rancho Palos Verdes, Mission Viejo Malls Trade Hands

Rancho Palos Verdes, Mission Viejo Malls Trade Hands

Two retail centers in the Los Angeles area were sold by separate Orange County-based firms.  In Orange County, San Jose-based DJM Capital Group sold Gateway Center in Mission Viejo to an unnamed... Read more »
One of America’s Biggest Homes Has Asking Price Cut by a Staggering  Million

One of America’s Biggest Homes Has Asking Price Cut by a Staggering $40 Million

A Beverly Hills, CA, megamansion, which boasts an eye-watering 50,000 square feet with nearly every amenity imaginable, has received an equally shocking price cut: $40 million off its last asking price. The... Read more »
10 Resilient Housing Markets Winning Against National Slowdown

10 Resilient Housing Markets Winning Against National Slowdown

The national housing picture, while showing a general slowdown in contract signings in December, isn’t the whole story. Some local markets are absolutely thriving, showing surprising growth in pending home sales even... Read more »
Realtor.com launches platform to boost MLS value, collaboration

Realtor.com launches platform to boost MLS value, collaboration

“Realtor.com was born from the partnership between the National Association of Realtors and MLSs, and for three decades we’ve championed an open marketplace that delivers transparency and meaningful value to consumers and... Read more »
Malibu Estate Hits Market for  Million

Malibu Estate Hits Market for $68 Million

A Malibu property holding court above the beach has come back on the market for $68 million to make for one of the city’s priciest listings. The owner of the home at... Read more »