The Reuben brothers have signed three high-end restaurants to occupy part of the retail space at Century Plaza in Century City, the condo-hotel project the brothers’ investment vehicle acquired through a foreclosure... Read more »
Are Home Prices Overvalued? The housing market is in a state of flux, leaving experts divided on whether home prices are overvalued or a reasonable reflection of demand. The opinions on this... Read more »
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan originations and to offer lenders “greater security” through a... Read more »
A luxury home in Malibu’s Point Dume neighborhood has traded for $52 million in an off-market deal, The Real Deal has learned. The sale of 6970 Wildlife Road was recorded on Nov.... Read more »
If you’re looking for a house for 300k in California, you might be wondering where to start your search. California is a huge and diverse state, with different regions offering different lifestyles,... Read more »
CBC Mortgage Agency – a federally chartered housing finance agency – will offer two temporary rate buydown features for its down payment assistance (DPA) program for Federal Housing Administration (FHA) loans. The... Read more »
The mortgage landscape in the United States is experiencing a significant shift as the contract rate on a 30-year fixed mortgage recently hit a four-month low, standing at 7.17% in the week... Read more »
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 »