As of February 7, 2026, homeowners and prospective buyers can breathe a little easier. The national average 30-year fixed mortgage rate has slid back below the psychological 6% barrier, settling at 5.95%... Read more »
The total value of U.S. household real estate took a hit in the third quarter but remains elevated, according to the latest data from the Federal Reserve. The aggregate market value of... Read more »
Mortgage applications dropped recently, mainly because interest rates ticked up a bit following a key meeting by the Federal Reserve’s policy group. It can feel like a bit of a rollercoaster, can’t... Read more »
The US inflation rate fell to 2.4% in September 2024, marking a significant improvement in the nation’s economic landscape. This is the lowest inflation rate recorded since February 2021, as reported by various... Read more »
Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of 2023 by roughly $119 billion to $12.84 trillion, the third quarterly fall in the last year.... Read more »
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 »
RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president. The moment has arrived... Read more »
Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the lowest bar... Read more »
Would-be tenants for offices in Los Angeles County seem to have scurried out of the market. Landlords across the county saw leasing fall 28 percent to 2.2 million square feet in the... Read more »
The value of a 41-story office building owned by Brookfield in Downtown Los Angeles has plunged by more than half, with its landlord sliding into default. EY Plaza, a 920,300-square-foot tower at... Read more »