It’s an exciting time for the housing market next year! An influx of young people is set to make waves as they eagerly step into homeownership. With mortgage rates gradually trending lower,... Read more »
The value of Los Angeles offices collapsed after a pandemic shift to remote work, tumbling as much as 60 percent from their last sale. But like a bungee jumper from L.A.’s tallest... Read more »
Los Angeles mixed-use projects are growing up. Some even have big ambitions to become the next city centers as they address evolving lifestyles. That was the theme from a trio of experts... Read more »
While the draft measure may be abandoned altogether, Bloomberg reported that in its current form it would apply to both home purchase and refinance transactions. According to the publication, the CFPB will... Read more »
The landscape of home buying in 2024 has been significantly influenced by the monetary policy decisions of the Federal Reserve, particularly the adjustments to the federal funds rate. The Fed’s rate cuts... Read more »
The National Association of Realtors (NAR) urged the U.S. Department of Veteran Affairs (VA) to revise its policies that ban veterans from paying broker commissions, an issue that is gaining attention following... Read more »
The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly... Read more »
So long, 6% commission. For decades, real estate commissions have been somewhat standardized, with most home sellers paying 5% to 6% commission to cover both the listing agent and the buyer’s agent.... Read more »
The National Association of Realtors (NAR) settlement of commission lawsuits nationwide is expected to force mortgage lenders and loan officers to find new ways of approaching listing agents and borrowers, give LOs... Read more »
The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise. Over the past decade, home prices have nearly doubled, according... Read more »