Developers broke ground on a little more than 8,000 market-rate apartments last year in Los Angeles County — the fewest since 2012. The number of apartments now under construction in the county... Read more »
Top prices for Los Angeles multifamily properties in 2023 couldn’t compare with the previous year. A $125 million sale topped the 2023 list, about four times less than the $504 million trade... Read more »
With borrowing costs remaining elevated, California existing-home sales registered the biggest monthly decline in the past year and dropped in November to the lowest level since 2007, reported the California Association of Realtors (C.A.R.).... Read more »
Autumn’s arrival means sweater weather, pumpkin flavored everything and getting the house ready for winter. Smart homeowners know that the perfect time to start preparing for cold weather is before the weather... Read more »
Homeowners are taking on jam-packed to-do lists before the arrival of winter, which is expected to be harsh this year as a weather pattern known as El Niño threatens to wreak havoc... Read more »
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to... Read more »
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate... Read more »
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year,... Read more »
Renowned analyst Meredith Whitney, known for her astute predictions that foreshadowed the 2008 financial crisis, is making headlines again. This time, she is forecasting a significant shift in the real estate landscape.... Read more »