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
LA-area agents on Wednesday told Inman that they were checking in on clients and keeping an eye on evacuation orders while lamenting the “catastrophic” toll the wildfires were taking on the community and real estate market. Continue reading
Home design? Economic indicators? Social media? What are you looking at to make sense of the 2025 real estate market’s potential? Continue reading
Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show. Continue reading
Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of “millions” of renters. Continue reading
Rising home prices and elevated mortgage rates are keeping would-be homesellers out of the market, according to Redfin’s latest consumer insights. Redfin partnered with Ipsos to survey 1,802 U.S. adults about their housing choices. Continue reading
Luxury “is expected to remain the shining star of real estate,” Coldwell Banker Global Luxury’s Michael Altneu said in the brand’s annual luxury trend report released on Monday, which highlighted areas to watch in 2025. Continue reading