Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading
California Governor Gavin Newsom is stepping in to protect homeowners affected by the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley wildfires from unsolicited land offers. Newsom issued Executive Order N-7-25, which prohibits speculators from mak… Continue reading
As the industry continues to evolve, the ability to convert market trauma into strategic wisdom will separate the next generation of leaders from those who remain trapped in reactive cycles, marketing strategist Molly McKinley writes. Continue reading
What are the root causes of the ongoing listing lock-in effect? Team leader Carl Medford looks at seller attitudes and how to tap into the percentage of homeowners who are willing to move. Continue reading
As wildfires rage across California, destroying over 9,000 homes and displacing thousands of residents, accessory dwelling units (ADUs) have emerged as a critical housing solution five years after being approved in Los Angeles. ADUs, also known as gran… Continue reading
Investors who fund most home loans are now convinced that the Federal Reserve won’t cut rates again until June after employers add 256,000 jobs in December. Continue reading
Rents are expected to “surge,” according to CoreLogic Chief Economist Dr. Selma Hepp. Just how much of a housing shortage the county will face remains to be seen as families decide over the next few months whether they will even stay in LA. Continue reading
As wildfires burned through LA County over the past three days, thousands of people were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents said. Continue reading
Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading
With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds. Continue reading