Why fewer homes are taking a price cut, even while inventory rises

Why fewer homes are taking a price cut, even while inventory rises

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly... Read more »
1.1M SoCal Homes Face Risk of Flash Flood Damage

1.1M SoCal Homes Face Risk of Flash Flood Damage

Double-barreled storms across Southern California this month caused hundreds of mudslides — and highlighted an increasing risk of flooded homes. One in five residential properties, or 1.1 million houses, condominiums and apartments... Read more »
Fannie Mae clarifies ARM interest rate, ups cash-out refi term on manufactured homes

Fannie Mae clarifies ARM interest rate, ups cash-out refi term on manufactured homes

The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates... Read more »
Beverly Hills Has No Room for Affordable Homes

Beverly Hills Has No Room for Affordable Homes

Power real estate broker Josh Altman said it doesn’t make sense — or cents — to build affordable housing in Beverly Hills. The star of “Million Dollar Listing Los Angeles” told FoxBusiness... Read more »
Pretium Partners raises  billion to acquire BTR homes: Bloomberg

Pretium Partners raises $1 billion to acquire BTR homes: Bloomberg

Real estate investment management firm Pretium Partners has raised nearly $1 billion for a new fund dedicated to acquiring built-to-rent (BTR) homes, Bloomberg reported on Tuesday. The company led by former Goldman... Read more »
Pretium Partners raises  billion to acquire BTR homes: Bloomberg

Rocket Homes Real Estate search app is available for buyers on Apple Vision Pro

Rocket Homes Real Estate rolled out its new app on Apple Vision Pro, Apple’s new virtual reality and mixed-reality headset. It will allow users to view and tour properties by blending their... Read more »
View tiny homes in Los Angeles in a self-guided tour of ADUs

View tiny homes in Los Angeles in a self-guided tour of ADUs

If you’ve read our coverage of accessory dwelling units, you know that they are one of the most popular housing solutions in California, with almost one-fifth of the newly permitted housing units... Read more »
Cash purchases of luxury homes hit all-time high: Redfin

Cash purchases of luxury homes hit all-time high: Redfin

Real estate February 1, 2024 All-cash purchases also reached an all-time high in usage. Image credit: Redfin   By Luxury Daily News Service The cost of a luxury home in the United... Read more »
Pretium Partners raises  billion to acquire BTR homes: Bloomberg

Buyers can afford more expensive homes on the back of lower mortgage rates: Redfin

Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing... Read more »
Spectacular Ski Homes: Crested Butte

Spectacular Ski Homes: Crested Butte

With panoramic views of the surrounding landscape, the ski-in, ski-out home at 56 Summit Road is the ultimate mountain retreat. It’s the highest home in the Summit at Mt Crested Butte, abutting... Read more »