Former “Million Dollar Listing” real estate agent Josh Altman predicts that nearly 70 percent of Pacific Palisades residents won’t return to rebuild following the devastating Los Angeles wildfires. Continue reading
It’s not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said. Continue reading
Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it’s investing in a $1 billion single-family built-for-rent venture. Continue reading
Story, a property management platform aimed at helping landlords, managers and tenants, is the banking giant’s attempt to put JPMorgan at the center of a $500 billion rental housing industry. Continue reading
About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading
The picture is bleak for Realogy as a perfect storm of competitive pressures bear down on the residential real estate behemoth, according to an investor note issued by JPMorgan. Continue reading