Homebuilding Drops in California, but Falls Faster in U.S.

Homebuilding Drops in California, but Falls Faster in U.S.

Homebuilding permits across the Golden State fell last year, but not as fast as across the U.S. California developers filed permits for 111,221 homes last year, 6 percent fewer than in 2022,... Read more »
Number of price cuts drops as housing inventory rises

Number of price cuts drops as housing inventory rises

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow... Read more »
Michael Eisner’s 5M Malibu Listing Drops Off Market

Michael Eisner’s $195M Malibu Listing Drops Off Market

After spending about 18 months seeking a buyer, a Malibu estate listed for $195 million by former Disney CEO Michael Eisner has quietly come off market, according to listing sites. The estate... Read more »
Mortgage Rate Drops to Four-Month Low to 7.17%

Mortgage Rate Drops to Four-Month Low to 7.17%

The mortgage landscape in the United States is experiencing a significant shift as the contract rate on a 30-year fixed mortgage recently hit a four-month low, standing at 7.17% in the week... Read more »