A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024. Frederic J. Brown | AFP | Getty Images Sales of previously owned homes fell 1% in December compared... Read more »
WASHINGTON, DC—Existing-home sales retreated in December, according to the National Association of Realtors. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were... Read more »
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects... Read more »
Los Angeles residential agents ended 2023 on a mixed note — but luxury agents saw a boom in December. In a year-to-year comparison, December business was good, with a 4.5 percent uptick... Read more »
Employers kept a brisk hiring pace in December, exceeding economists’ expectations by 46,000 jobs. Jobs increased by 216,000 in December, up from 173,000 in November, according to data released by the Bureau... Read more »
When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary: “thud.” Amid an already challenging... Read more »
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces... Read more »