Inflation Rate Falls to 2.4% in September

Inflation Rate Falls to 2.4% in September

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 »
Senior-held home equity falls to .84 trillion in Q4 2023

Senior-held home equity falls to $12.84 trillion in Q4 2023

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 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 »
RE/MAX CEO Nick Bailey Exits As Company Revenue Falls Again In Q4

RE/MAX CEO Nick Bailey Exits As Company Revenue Falls Again In Q4

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 rises as inventory falls

Housing demand rises as inventory falls

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 »
LA County Office Leasing Falls 28% in the Fourth Quarter

LA County Office Leasing Falls 28% in the Fourth Quarter

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 »
Value of Brookfield;s EY Plaza in DTLA Falls 53%

Value of Brookfield;s EY Plaza in DTLA Falls 53%

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 »
Sioux Falls Housing Market: Prices, Trends, Forecast 2023

Sioux Falls Housing Market: Prices, Trends, Forecast 2023

The Sioux Falls housing market has been on a roller coaster ride for the past year, with rising interest rates, limited inventory, and affordability challenges causing fluctuations in buyer and seller behavior.... Read more »
Idaho Falls Housing Market Forecast 2023: Will it Crash?

Idaho Falls Housing Market Forecast 2023: Will it Crash?

The Idaho Falls housing market has been one of the hottest in the country in recent years, with home prices rising rapidly. However, the market is starting to cool down in 2023,... Read more »