Mortgage credit availability was on the rise during May, according to the Mortgage Credit Availability Index (MCAI) data published by the Mortgage Bankers Association (MBA). The MCAI rose by 2.1% to 105.1 in May; the index was benchmarked to 100 in March 2012. The...
This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Introducing Visibl. Santa Ana, California-based Visbl, a fintech platform for borrowers seeking mortgages, has announced its...
A total of 35,498 residential properties had foreclosure filings in May, according to new data from ATTOM. That level marked a 1% decline from April, but it was also a 9% uptick from May 2024. Nationwide, one in every 4,009 housing units had a foreclosure filing last...
California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recent fire, floods, and other disasters that occurred between January 2023 and January 2025. The new...
The Hollywood Hills estate of the late fitness guru Richard Simmons has been listed for sale for $6.9 million. According to the Robb Report, the 4,199-square-foot residence was built in 1937 above the Sunset Strip and features four bedrooms, five bathrooms and a gym...
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 2-6. Hit: A...