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California Atty. Gen. Rob Bonta sued the Trump administration Tuesday seeking to stop a federal policy change that advocates say could force 170,000 formerly homeless Americans back on the streets or into shelters. The lawsuit focuses on a fed...
Why this article is important: Achievable intervention in California’s housing shortage requires multiple fronts. A new law approaches the shortage from the intuitive angle of reducing local agency discretion — the red tape leash — for ad...
Renting can feel much less expensive and much simpler than buying a home, especially right now. No repairs, no property taxes, no worrying about mortgage rates – you just pay the bill and move on with your life.
But here’s the part people ...
Conventional loan limit grows over $26K for 2026
Every year, usually around Thanksgiving, the Federal Housing Finance Agency (FHFA) adjusts the conforming mortgage limits based on the annual home price growth.
The limits change to refle...
Lenders poured billions into Manhattan office towers in October, originating almost $4 billion in CMBS debt. Five office towers landed the month’s largest financing deals, led by a pair of trophy towers owned by Brookfield Properties. Both l...
A dry closing is a closing where all documents are signed, but the transaction isn’t funded on the same day. The lender typically wires the funds the next business day, after completing final reviews. Until the money arrives, the buyer ...
A California judge says she is closing to forcing the sale of Nicki Minaj's $20 million mansion—after the rapper allegedly refused to pay damages that were awarded to a former security guard who claims he was assaulted by her husband, Kenneth...
The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year b...
Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical.The work to erect the two tallest towers in Beverly Hills started Friday with an overnight c...
Why this matters: With buyers mostly sitting on the sidelines, agents and brokers observed another lackluster spring sales bounce in 2025, as new and resale residential sales continue to trend downward. Against the backdrop of high mortgage rat...