Never say forever. Former “Million Dollar Listing” star Fredrik Eklund is selling his 5,700-square-foot “forever home” in Beverly Hills for $11 million. The power broker with Douglas Elliman has listed the seven-bedroom,... Read more »
Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes, the company announced on Tuesday. The latest acquisition comes on the heels of a series of other proptech startup purchases.... Read more »
California-based Pennymac Financial Services’s broker division, Pennymac TPO, launched a home equity loan product as tappable home equity nears its 2022 peak. “Pennymac’s broker partners can now offer their clients a home... Read more »
A Santa Monica house designed by Peter Choate, an architect popular with Hollywood glitterati in the mid-to late 20th century, has sold in an all cash deal for $22.5 million. The 9,300-square-foot... Read more »
Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Mortgage holders withdrew a mere... Read more »
As the housing market navigates through unprecedented challenges, the spotlight is on 2024 as a potential turning point. Insights from Realtor.com® reveal a nuanced outlook, with Chief Economist Danielle Hale suggesting incremental... 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 »
Key Highlights Pending home sales decreased last month, down 1.5% from September. Month over month, contract signings intensified in the Northeast but diminished in the Midwest, South and West. Pending home sales... Read more »
Buying a home is a major life milestone, and it can be especially daunting for first-time homebuyers. The down payment, closing costs, and monthly mortgage payments can all add up to a... Read more »
Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to a host of data releases over the last week.... Read more »