Tag Archives: Markets & Economy

Consumer sentiment about housing market rebounds

By | | Uncategorized
Comments Off on Consumer sentiment about housing market rebounds

While just 26 percent of Americans said May was a good time to buy, that’s up from 23 percent in April and 14 percent a year ago, an all-time low in Fannie Mae survey. Continue reading →

Developers are lining up to buy in on Altadena’s burned out lots

By | | Uncategorized
Comments Off on Developers are lining up to buy in on Altadena’s burned out lots

A wave of “Altadena Not for Sale” signs dot the yards of fire-scarred properties as a plea to preserve the communities that have been lost in January’s Eaton fire. Behind the signs, a different reality is unfolding — Altadena is for sale, and develope… Continue reading →

Working with the Michael Jordan of real estate: Bess Freedman

By | | Uncategorized
Comments Off on Working with the Michael Jordan of real estate: Bess Freedman

As Hall Willkie steps into a consultant role at Brown Harris Stevens, CEO Bess Freedman reflects on the impact of her mentor. Continue reading →

9 ways to show clients you appreciate them this summer

By | | Uncategorized
Comments Off on 9 ways to show clients you appreciate them this summer

Don’t go silent this summer. Reach out to past clients, and show them you care with these strategies from coach Darryl Davis. Continue reading →

Opendoor planning reverse stock split in face of delisting threat

By | | Uncategorized
Comments Off on Opendoor planning reverse stock split in face of delisting threat

Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must meet to avoid delisting. Continue reading →

Job market is cooling, but not fast enough to alarm Fed policymakers

By | | Uncategorized
Comments Off on Job market is cooling, but not fast enough to alarm Fed policymakers

An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Continue reading →

Trump bump flattens for luxury homebuyers in Silicon Valley

By | | Uncategorized
Comments Off on Trump bump flattens for luxury homebuyers in Silicon Valley

The area’s high-end homebuyers, many of whom work in tech, don’t take market fluctuations well, largely because their wealth is typically generated through IPOs and stocks. If the stock market is in a tizzy, they won’t be buying real estate. Continue reading →

Luxury home values have hit $1.8M, bucking the spring slowdown

By | | Uncategorized
Comments Off on Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury home… Continue reading →

An active hurricane season is on the horizon — is the US prepared?

By | | Uncategorized
Comments Off on An active hurricane season is on the horizon — is the US prepared?

NOAA expects 13 to 19 named storms to arrive now through the end of November. More than 33 million properties face potential damage from high winds and more than 6 million from flooding as a result of storm surge. It’s unclear how federal cuts may hind… Continue reading →

Why now is the perfect time for a mansion boom

By | | Uncategorized
Comments Off on Why now is the perfect time for a mansion boom

Wealthy buyers are choosing stability over speculation, market expert Chris Drayer writes. They’re thinking long-term and betting on real estate as a safer, smarter place to park their wealth. Continue reading →