LA Office Leasing Hits Post-Pandemic High, Up 27% in a Year

LA Office Leasing Hits Post-Pandemic High, Up 27% in a Year

Office leasing in Los Angeles, which withered during a pandemic shift to remote work, is on the rise — but so are the number of available workplaces. Office landlords across the city... Read more »

Impossibly high home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says – JASON MA, Fortune

There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and... Read more »
High property taxes in Maine? Mayor says to ‘consider a reverse mortgage’

High property taxes in Maine? Mayor says to ‘consider a reverse mortgage’

The mayor of South Portland, Maine, recently acknowledged that property taxes in the region are particularly challenging for those living on a fixed income. When offering advice on how to manage these... Read more »
High Street Residential Launches Pre-Leasing on San Pedro Waterfront

High Street Residential Launches Pre-Leasing on San Pedro Waterfront

High Street Residential, the residential subsidiary of Trammell Crow Company, has begun pre-leasing at Vivo on Harbor, its development in the San Pedro Waterfront Arts District, with anticipated move-ins this November. Vivo on Harbor is comprised of 137 waterfront units and is... Read more »
9 Proven Strategies To Keep Retention Rates High When Business Is Slow

9 Proven Strategies To Keep Retention Rates High When Business Is Slow

September means Back to Basics here at Inman. As real estate navigates the post-settlement era with new commission rules, real estate professionals from across the country will share what’s working for them,... Read more »
How to avoid buying property with high landslide risk

How to avoid buying property with high landslide risk

The landslides that have forced authorities to shut off power and gas to hundreds of homes in Rancho Palos Verdes over the last two months highlight the risk of living on land... Read more »
Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of 6,900

Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900

Existing-home sales faded 5.4% in June to a seasonally adjusted annual rate of 3.89 million. Sales also slumped 5.4% from one year ago.The median existing-home sales price bounced 4.1% from June 2023... Read more »
Is It Better to Buy a House When Interest Rates Are High?

Is It Better to Buy a House When Interest Rates Are High?

The decision to buy a house is a significant one, often influenced by a variety of economic factors, including interest rates. High interest rates can lead to higher monthly mortgage payments and... Read more »

New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates Keith Griffith

The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly... Read more »

Real Estate Market Contends With High Interest Rates And Low Inventory. Will The Sector Warm Up This Spring? – Merideth Heyman

On this episode of Industry Insights, we discuss the outlook for the real estate sector this spring as high mortgage rates and low inventory challenge consumers. Chief Economist at Bright MLS, Lisa... Read more »