Fewer mortgage applications were being processed for the week ending Jan. 3, according to data from the Mortgage Bankers Association (MBA); the week’s results included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage...
The Real Brokerage Inc. (NASDAQ: REAX) announced Harvest Realty, an independent brokerage serving Southern California, has joined its network. Founded by Chinese immigrants Christine Li and John Zhang in 2014, Harvest Realty brings 550 agents who specialize in serving...
The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
The University of California, Los Angeles (UCLA) has created a master of real estate development program (MRED). According to the school, the new one-year UCLA Luskin MRED will be housed in the Luskin School of Public Affairs’ urban planning department and will...
Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
Three wildfires fueled by hurricane-force winds tore through Los Angeles County from Tuesday into Wednesday morning, forcing tens of thousands of residents were under mandatory evacuation orders. According to combined media reports, the fires were first reported at...