
Shift in Pricing Puts New Builds Within Reach
The gap between new builds and existing homes has narrowed, presenting an opportunity for real estate agents and buyers to navigate a tough affordability environment.
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Hadid’s Beverly Hills Headache Going To Auction
Beverly Hills real estate developer Mohamad Hadid had big plans for a 3.2-acre hillside lot and architectural plans for a 25,000-square-foot home. But the city of Los Angeles halted Mohamad’s construction. Mohamad, the father of Gigi and Bella Hadid, has now filed for bankruptcy.The post Hadid’s Bev
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Fed Leaves Key Interest Rate Unchanged
Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.
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Mortgage Rates See Third Weekly Decline
Rates on 30-year mortgages fell to 6.81% from 6.84% last week, while 15-year mortgage rates eased to 5.96% from 5.97%, mortgage buyer Freddie Mac said.
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