EasyKnock acquires home equity co-ownership firm Balance Homes

EasyKnock acquires home equity co-ownership firm Balance Homes

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 »
LA Could Redevelop Skid Row Housing Trust Properties

LA Could Redevelop Skid Row Housing Trust Properties

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 »
Pennymac rolls out new home equity loan product for broker partners 

Pennymac rolls out new home equity loan product for broker partners 

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 Looks to Sell Playa Vista Office Properties

LaSalle Looks to Sell Playa Vista Office Properties

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 »
Amid housing slowdown, new construction grew most in exurban areas in Q3

Amid housing slowdown, new construction grew most in exurban areas in Q3

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 »
.5M Sale Marks Priciest Santa Monica Home in Two Years

$22.5M Sale Marks Priciest Santa Monica Home in Two Years

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 »
How Much Do Real Estate Agents Make in New York?

How Much Do Real Estate Agents Make in New York?

If you are thinking of becoming a real estate agent in New York, you might be wondering how much money you can make in this profession. The answer is not simple, as... Read more »
Housing Forward appoints new president 

Housing Forward appoints new president 

Housing Forward, the leading organization fighting homelessness in Dallas, appointed Sarah Kahn as interim president and chief executive officer, the nonprofit announced on Tuesday. Kahn starts her new role on Dec. 21.... Read more »
Apartment Rents Projected to Rise Up to 4% Across SoCal

Apartment Rents Projected to Rise Up to 4% Across SoCal

Apartment rents across Southern California are expected to rise up to 4 percent through 2025, according to a new study. Rents are projected to rise between 2 and 4 percent across the... Read more »
What is the Interest Rate Forecast for Housing in 2024?

What is the Interest Rate Forecast for Housing in 2024?

Interest rates are a key factor that affects the housing market, as they influence the cost and availability of mortgages for homebuyers and sellers. Interest rates have been rising in 2022 and... Read more »