Former LA City Councilman José Huizar Gets 13 Years in Prison Over Developer Bribes

Former LA City Councilman José Huizar Gets 13 Years in Prison Over Developer Bribes

José Huizar, who represented Los Angeles’ 14th District in the City Council for over 19 years, has been sentenced to 13 years in prison for accepting bribes from real estate developers.  It’s... Read more »
Average Home Appreciation Over 30 Years: How to Calculate?

Average Home Appreciation Over 30 Years: How to Calculate?

If you own a house or plan to buy one, you might be curious about how much your property will appreciate over 30 years. Home appreciation is the increase in value of... Read more »
Average Home Value Increase Per Year, 5 Years, 10 Years

Average Home Value Increase Per Year, 5 Years, 10 Years

Understanding Home Appreciation Home appreciation is a fundamental concept in the world of real estate and property investment. It refers to the increase in the value of a residential property over time.... Read more »
Older Americans could become their children’s ‘biggest expense’ in coming years, says aging advocate

Older Americans could become their children’s ‘biggest expense’ in coming years, says aging advocate

The seniors who are often the parents of Generation X and Generation Y (millennials) could become a pronounced expense for their kids in the coming years, but adult children also want to... Read more »
Older Americans could become their children’s ‘biggest expense’ in coming years, says aging advocate

loanDepot CIO on the evolution of build versus buy over 14 years

Editor in Chief Sarah Wheeler sat down with George Brady, loanDepot’s chief information officer, to discuss the company’s evolving tech strategy and how he thinks long-term about tech in a rapidly changing... Read more »
China's property crisis requires multiple years of correction, economist says

China's property crisis requires multiple years of correction, economist says

Hao Hong of Grow Investment Group says new growth spots must be found for the country's economy. Source link Read more »
Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Federal prosecutors want more than a decade in the slammer for former L.A. councilman José Huizar, who admitted to leading a pay-to-play corruption scheme tied to real estate developers. Prosecutors urged a... Read more »
Beverly Hills Home Sells for .2M, Among Year’s Top Deals

Beverly Hills Home Sells for $24.2M, Among Year’s Top Deals

A mansion at 802 Foothill Road in the Beverly Hills Flats traded for $24.2 million on Dec. 15., according to listing sites. The 17,000-square-foot home on more than half an acre ranked... Read more »
.5M Sale Marks Priciest Santa Monica Home in Two Years

$22.5M Sale Marks Priciest Santa Monica Home in Two Years

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 »
Mortgage Interest Rate Forecast for Next 10 Years

Mortgage Interest Rate Forecast for Next 10 Years

If you are planning to buy a home or refinance your existing mortgage in the next decade, you might be wondering what will happen to the mortgage interest rates in the future.... Read more »