Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225. Whether it’s refining your... Read more »
The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows... Read more »
Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or... Read more »
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 »
Have you been hearing the buzz about how mortgage rates have recently changed? Well, mortgage rates fall 98 basis points as compared to last year is the news that’s making waves and is catching... Read more »
U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This... Read more »
Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp., announced on Wednesday that it is undergoing a rebranding effort and will be... Read more »
Los Angeles’ burden The taxes were supposed to be a boon for the city of Los Angeles. With a pumping luxury market and frequent commercial sales over $5 million, adding city transfer... Read more »
One year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally known as Measure ULA,... Read more »
A full-floor unit at Wilshire House has traded in the priciest condo deal in Los Angeles County so far this year, The Real Deal has learned. The property, Unit 20C at the... Read more »