Blend narrows loss in 2023, projects confidence in achieving profitability this year 

Blend narrows loss in 2023, projects confidence in achieving profitability this year 

California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking footprint and growing its mortgage consumer base.  The San Francisco-based company reported a non-GAAP net loss... Read more »
Altos: Housing inventory could grow 40% this year

Altos: Housing inventory could grow 40% this year

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people... Read more »
Rent Prices Post Highest Annual Increase In Over A Year: Redfin

Rent Prices Post Highest Annual Increase In Over A Year: Redfin

The median asking rent in the United States rose 2.2 percent year over year to $1,981 in February, the largest annual gain since January 2023 and a 0.9 percent increase compared to... Read more »
Over 40,000 eviction notices have gone out in L.A. this year

Over 40,000 eviction notices have gone out in L.A. this year

At Promenade Towers, a Bunker Hill apartment complex with 611 units that bills itself as “an urban oasis in the heart of downtown,” tenants received 371 eviction notices from late January through... Read more »
Rocket lost money last year, so why are its shares up?

Rocket lost money last year, so why are its shares up?

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. ... Read more »

Home Exteriors Try on 2024 Colors of the Year

Home Exteriors Try on 2024 Colors of the Year The trendiest colors of the year may provide the perfect exterior refresh to boost curb appeal. Design & Architecture, Design Trends Source link Read more »
Blend narrows loss in 2023, projects confidence in achieving profitability this year 

Pressure on lot supply eased last year: Zonda

Thanks to a slower rate of housing starts, there were more lots available in the fourth quarter of 2023 compared to a year earlier, according to Zonda’s New Home Lot Supply Index. ... Read more »
For LA Home Brokers, January Brings Active Start to Year

For LA Home Brokers, January Brings Active Start to Year

The year started on a bullish note for L.A. residential sellers, with a solid uptick in signed contracts and an increase in listings in January. During the first month of the year... Read more »
Which 2024 Color of the Year Is Your Favorite?

Which 2024 Color of the Year Is Your Favorite?

Which 2024 Color of the Year Is Your Favorite? Paint firms offer their picks for the hottest paint colors in the new year. By:  Melissa Dittmann Tracey Design & Architecture, Design Trends... Read more »
December home sales slump to close out worst year since 1995

December home sales slump to close out worst year since 1995

A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024.  Frederic J. Brown | AFP | Getty Images Sales of previously owned homes fell 1% in December compared... Read more »