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 »
Nithya Raman Wants to Triple Housing Development in Los Angeles

Nithya Raman Wants to Triple Housing Development in Los Angeles

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 »

This Florida City Is Offering a $10K Incentive To Build an ADU

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 »
Virginia widow alleges wrongful reverse mortgage foreclosure

Virginia widow alleges wrongful reverse mortgage foreclosure

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 Condo Project Appeal Denied by City Council

Pasadena Condo Project Appeal Denied by City Council

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 Today: Home Loan Demand Drops 10.5% in Second Straight Weekly Decline As Rates Climb

Mortgage Applications Today: Home Loan Demand Drops 10.5% in Second Straight Weekly Decline As Rates Climb

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 »
How mentorship, not recruiting alone, builds strong loan officers 

How mentorship, not recruiting alone, builds strong loan officers 

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 »
Torrance Industrial Leasing Picks Up Speed

Torrance Industrial Leasing Picks Up Speed

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 »
Midcentury Modern Charles Du Bois-Designed Home With a Surprising Disney Link Is Listed for .7 Million

Midcentury Modern Charles Du Bois-Designed Home With a Surprising Disney Link Is Listed for $1.7 Million

On the western edge of Los Angeles, in a quiet corner of Woodland Hills, sits an elegant midcentury modern home that exemplifies everything its architect, Charles Du Bois, stood for: clean, livable... Read more »
Howard Hanna settles Tuccori homebuyer commission case

Howard Hanna settles Tuccori homebuyer commission case

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 »