Remember the stories your grandparents told about times being so tough they had to use a potato as a toy? Those tales might have been about the worst economic crisis in US history:... Read more »
Laguna Village, a townhome community in Laguna Hills, is facing a severe insurance crisis as rising wildfire risks have drastically reduced its coverage while premiums skyrocket. Two years ago, the insurance coverage... Read more »
After those government-supported mortgages terminate due to maturity or prepayment, the owners can, and many do, convert their multifamily properties to market-rate rents, or sell them to new owners that are not... Read more »
When AECOM Capital and Combined Properties opened the Pendry West Hollywood — a 149-key hotel with an attached condo project — the project was appraised at nearly $526 million. That was in... Read more »
California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. According... Read more »
Housing Market Shortage Sharpens in Suburbs, Small Towns, Report Says. A Washington D.C. nonprofit, Up for Growth, devoted to solving the nation’s housing shortage, issued a new report Thursday that found the... Read more »
Last month YIMBY Law, a nonprofit, pro-housing advocacy group, sued the City of Los Angeles on behalf of a private developer seeking to construct a 360-unit apartment building in Canoga Park. These... Read more »
Hao Hong of Grow Investment Group says new growth spots must be found for the country's economy. Source link Read more »
What Caused the Financial Crisis in 2008? The financial crisis of 2008 is a significant event that affected the global economy. The crisis was caused by several factors that led to the... Read more »
A brewing crisis is emerging around homeowners insurance and thus far the finance and insurance community has not offered any viable solutions. The annual number of weather/climate-related disasters exceeding $1 billion per event has... Read more »