by Christine Nguyen | Dec 9, 2024 | Uncategorized
In a significant shift for downtown Los Angeles, the county is set to acquire the Gas Company Tower, a prominent 52-story skyscraper, despite vocal opposition from one of its own supervisors. The Los Angeles County Board of Supervisors approved the $200 million...
by Greg Wasik | Nov 20, 2022 | Uncategorized
Across the real estate ecosystem, firms have decreased staff in order to cut costs as the housing market has slowed. As the housing market cools, Zillow has made a round of layoffs, eliminating roughly 300 positions.. A Zillow spokesperson wrote in an email: “As part...
by Greg Wasik | Nov 20, 2022 | Uncategorized
Sales of existing homes in the U.S. declined for the ninth consecutive month in October, marking the longest decline on record. The steepest mortgage rates in two decades and high home prices are keeping many buyers away. The National Association of Realtors announced...
by Greg Wasik | Sep 19, 2020 | Uncategorized
The National Multi-family Housing Council announced its Rent Payment Tracker for September showed only 76.4% of US households renting apartments made a full or partial rent payment by September 6. That number is down from 79.3% in August 2020 and is the lowest since...
by Jen Case | May 25, 2020 | Uncategorized
Due to the pandemic crisis, data released from DQNews last week shows that Southern California home sales dropped by 26.6% in April compared to a month earlier while year-over-year sales were also down 31.5%. The data reflects the residential transactions that closed...
by Jen Case | Mar 26, 2020 | Uncategorized
As Los Angeles Valuation Group reported in April of last year, developer Bruce Makowsky filed a lawsuit against Zillow claiming that the Seattle-based online real estate company had harmed the reputation of his Bel-Air mansion, appropriately named ‘Billionaire,’ by...
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