Author Archive
An office portfolio in distress
Things just keep getting worse for Norman Kravetz.The Realty Bancorp Equities principal defaulted this summer on the commercial mortgage-backed securities debt connected to a five-office-property portfolio, and now faces calls to cede control t...
Profit margin on flipping a home is at a 17-year low due to high prices
LOS ANGELES — It pays less and less to buy and flip a home these days.From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such tr...
Washington First-Time Home Buyer | Programs & Grants 2025
What to know about buying a house in Washington If you’re a Washington first-time home buyer, you can face some hurdles. But take heart. The Evergreen State offers extensive support, ranging from free homebuyer education to special mo...
Compass Acquires Anywhere and More New York City Real Estate News
The week in New York real estate started off with a shocker when Compass swooped in to acquire Anywhere Real Estate, parent company of Corcoran, Sotheby’s International Realty, Coldwell Banker, Century 21 and other major brands.The all-stock ...
List Price vs Sell Price: What’s the Difference?
Key takeaways: List price is the initial asking price. Sell price is the final, agreed-upon price. The difference between the two reflects market status and negotiation outcomes. In the world of real estate, you’ll often hear terms li...
On Commission Splits, Redundancies in Compass-Anywhere Deal
Want a hot take on Compass’ $1.6 billion deal for Anywhere Real Estate that you haven’t already heard?Let’s start from the top and work our way down.An industry veteran in L.A.’s high end jumped a few steps forward to conjecture about t...
Money flows, average incomes rise quickly in parts of Coachella Valley
As someone who’s lived in and visited family throughout the Inland Empire for years, I have seen firsthand the rapid growth that has changed the region.When I travel to Yucaipa nowadays, the orange groves of my youthful weekend visits have l...
Home sales volume decline intensifies in August 2025
Why this matters: 2025’s lackluster spring sales bounce continues years of substandard home sales since the 2021 pandemic buying frenzy. Buyers have lost purchasing power to the highest mortgage rates and asking prices since 2013. In turn, fo...
