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 »
Los Angeles City Council Member Nithya Raman sought to close her gap with incumbent Mayor Karen Bass as she revealed a plan to make sweeping changes to boost housing production. Raman’s press... Read more »
Homeowners in Orlando, FL, can now get more than $10,000 in rebates to build accessory dwelling units on their property and rent them out as workforce housing. The ADU Incentive Program—which was... Read more »
The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
Pasadena officials sided with housing production over neighborhood resistance, clearing the way for a contentious 46-unit condominium project despite months of design complaints. On Monday, the Pasadena City Council unanimously denied an... Read more »
Mortgage applications dropped for the second consecutive week as rates moved higher again. Home loan applications decreased 10.5% for the week ending March 20, according to the Mortgage Bankers Association. The Market... Read more »
Most mortgage companies have gotten very good at recruiting. You can measure recruiting. You can count heads. You can show momentum on a spreadsheet and call it growth. Development is harder to... Read more »
The Torrance industrial market is attracting interest from tenants as buyers see the potential in the South Bay city and spend millions to own spaces. Vital Lyfe, a tech company focused on... Read more »
This is not the first time the Batton plaintiffs have sought to intervene in a corporate brokerage entity’s choice to settle the homebuyer commission lawsuit through the Tuccori settlement’s opt-in feature. In... Read more »