Homebuyer affordability improves in February

Homebuyer affordability improves in February

“Homebuyer affordability saw a modest improvement in February, as slightly lower mortgage rates helped ease monthly payment burdens despite a small uptick in loan sizes. The February PAPI declined over the month... Read more »
Santa Monica Apartments Hit Market

Santa Monica Apartments Hit Market

An apartment building on Ocean Avenue in Santa Monica is newly on the market but it isn’t your typical listing.  It’s on behalf of a court-ordered receiver, according to CBRE marketing materials.... Read more »
Savannah Guthrie Recalls ‘Chaos’ at Mom Nancy’s Home After She Disappeared—as She Reveals Fears Her Fame Made 84-Year-Old a Target

Savannah Guthrie Recalls ‘Chaos’ at Mom Nancy’s Home After She Disappeared—as She Reveals Fears Her Fame Made 84-Year-Old a Target

To see our latest updates on the Nancy Guthrie case, please click here. Savannah Guthrie has shared new details about the “chaos” that erupted at mom Nancy Guthrie’s home after the 84-year-old was... Read more »
Insurance is having a growing impact on condo affordability

Insurance is having a growing impact on condo affordability

On Wednesday, Fannie Mae and Freddie Mac adopted extensive changes to their requirements for approvals of condominium projects that are eligible for their loan purchase.  The changes created more flexibility and affordability... Read more »
Windsor Healthcare’s Lee Samson Sells Beverly Hills Home for M

Windsor Healthcare’s Lee Samson Sells Beverly Hills Home for $30M

A health care entrepreneur’s mansion sold on Wednesday for $30.3 million, marking one of the priciest deals so far this year in Beverly Hills, The Real Deal has learned. Lee Samson, who... Read more »
Paychecks Are Outpacing Home Prices in These Counties, Offering a ‘Welcome Shift’ for Families

Paychecks Are Outpacing Home Prices in These Counties, Offering a ‘Welcome Shift’ for Families

Home prices have been rising faster than paychecks nationwide—but that trend hasn’t played out evenly across the country. Since the first quarter of 2024, the national median home price has risen 8%... Read more »
Antitrust lawsuit against NAR faces dismissal

Antitrust lawsuit against NAR faces dismissal

Plaintiff Jorge Zea runs www.snapflatfee.com, a brokerage that charges sellers a listing fee in exchange for limited services. Zea’s firm syndicates listings data to the MLS data feeds and forwards all buyer... Read more »
La Mirada Industrial Tenant Renews Full-Warehouse Lease

La Mirada Industrial Tenant Renews Full-Warehouse Lease

As demand for industrial space increases in the South Bay and Inland Empire, the Gateway Cities continue to hold interest from tenants.  MEI Rigging & Crating committed to a five-year lease renewal... Read more »

Fed Posts $18.7 Billion Loss as Inflation, Pandemic Costs Linger

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 markets back demand resilience as rate pressure builds

Regional markets back demand resilience as rate pressure builds

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 »