Current News & Events
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location
The branch offers on‑site valet parking, complimentary Wi‑Fi and two ATMs. Continue Reading Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location
Report: Housing Affordability Proves Elusive for Many Teachers
California has three of the five metros where it’s hardest for teachers to buy a home. Continue Reading Report: Housing Affordability Proves Elusive for Many Teachers
Dalfen Industrial Sells Warehouse to the State of Florida
The 423,000-square-foot warehouse has direct access to a full diamond interchange with I-4 and Hwy 559. Continue Reading Dalfen Industrial Sells Warehouse to the State of Florida
Mortgage Application Activity Up Nearly 17%
The Refinance Index increased by a vibrant 35% from the previous week. Continue Reading Mortgage Application Activity Up Nearly 17%
Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
Fortress Credit Corp. sued Cohen earlier this year for defaulting on a large loan backed by its properties. Continue Reading Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
CFPB Issues Warning on Contract-for-Deed Transactions
Contract-in-deed transactions are covered by the federal Truth in Lending Act. Continue Reading CFPB Issues Warning on Contract-for-Deed Transactions
Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
The company is owned by the luxury fitness group Equinox Holdings. Continue Reading Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
California Housing Affordability Sinks to 17-Year Low
On a year-over-year basis, statewide home prices jumped 9% from the second quarter of 2023. Continue Reading California Housing Affordability Sinks to 17-Year Low
Rents Decline in All Bedroom Counts for First Time in 4 Years
The overall rental vacancy rate has remained at 6.6% for four consecutive quarters. Continue Reading Rents Decline in All Bedroom Counts for First Time in 4 Years
HUD Launches New Initiatives to Expand Affordable Housing
HUD launched a $250 million “Legacy Challenge” for transformative housing investments through the Section 108 Loan Guarantee. Continue Reading HUD Launches New Initiatives to Expand Affordable Housing
Andrew J. Sossen Rejoins Starwood Capital Group as Senior Managing Director
Sossen left the company in 2023 to work for a vertically integrated private equity firm. Continue Reading Andrew J. Sossen Rejoins Starwood Capital Group as Senior Managing Director
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