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883 S. Westlake Blvd
Westlake Village, CAᘢ 91361
Westlake Village, CAᘢ 91361
Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateSales of existing homes rose in September, likely due to a brief decline in mortgage ratesSales of existing homes rose 7% last month, likely driven by a brief decline in mortgage rates. Read Article Thu, 21 Oct 2021 07:00:08 PDT China Evergrande shares plunge 12.5%, after $2.6 billion asset sale falls throughChina Evergrande shares fell 12.5% Thursday after a deal fell through to sell part of its services unit to Hopson Development Holdings. Read Article Thu, 21 Oct 2021 01:18:28 PDT Evergrande is 'just the beginning': Professor says more firms must exit China's property sectorLi Gan, economics professor at Texas A&M University, said China's real estate sector has to be "substantially smaller" to stabilize as housing demand falls. Read Article Wed, 20 Oct 2021 17:12:30 PDT Weekly mortgage demand drops over 6% after interest rates move even higherClimbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases. Read Article Wed, 20 Oct 2021 11:06:26 PDT Single-family rents are surging, and investors are flooding the marketDemand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof. Read Article Tue, 19 Oct 2021 13:21:40 PDT This could be the worst market for a first-time homebuyer, experts sayCovid has kicked the housing market into high gear. At the end of September, the average home price was up 14% from the same month last year, and 30% from 2019. Read Article Tue, 19 Oct 2021 06:06:51 PDT Peter Thiel's luxury New Zealand lodge opposed by environmental groupPeter Thiel's proposed luxury lodge in New Zealand has been opposed by a local environmental group who believe it is "inappropriate" for the natural landscape. Read Article Thu, 21 Oct 2021 00:34:07 PDT How Evergrande found itself on the wrong side of China's regulatorsEvergrande made little progress toward complying with China's crackdown on real estate debt until it was too late for investors who put money into its offshore bonds. Read Article Tue, 19 Oct 2021 23:05:07 PDT Homebuilder sentiment bounces back despite ongoing supply chain problemsHomebuilder confidence rose in October thanks to strong buyer demand. Read Article Mon, 18 Oct 2021 07:09:15 PDT Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecastThe average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say. Read Article Mon, 18 Oct 2021 09:41:29 PDT |
