Real Estate

These Newspaper Buildings Find a New Purpose

March 13, 2023
Long before the pandemic, the country was losing newsrooms at a rate of two per week, according to Local News Initiative, a report from the Medill School of Journalism at Northwestern University. This left behind a vast landscape of empty offices and a handful of iconic buildings. Since their closing, many of those spaces have […]

Overlooked Details Derail Deals For Real Estate Brokers

March 13, 2023
Jessica Kaufman almost lost a deal because of a little yellow light. The Corcoran broker was walking a buyer through the final showing of an Upper East Side apartment last December when the washer and dryer lit up during the run dry cycle, signaling that the machine was in need of service.  “Things like that […]

Connecticut Declines to Take up Rent Cap Measure

March 13, 2023
The Connecticut legislature won’t take up a measure this session that would cap rent increases at 4 percent plus the consumer price index, the CT Mirror reported. Last week, the Housing Committee declined to advance the bill, instead passing a measure that will create task forces to study rent stabilization and its effect. “We need […]

Real Estate Quotes of the Week for March 12, 2023

March 13, 2023
The quote of the week is just four words, but they say so much: “The Fed is killing us.” Berkshire Hathaway HomeServices New York Properties’ CEO Steven James was referring to likely pending interest rate hikes by the Federal Reserve that will take the average 30-year fixed mortgage rate to over 7 percent, further cooling […]

Glendale Waitlist Highlights Arizona Affordability Shortage

March 13, 2023
A mother of five thought she was a shoo-in for Glendale’s affordable housing voucher waitlist in the summer of 2021. After more than 11,000 people from the country applied for just 350 spots, however, she received a devastating email: she didn’t get it. The Glendale voucher lottery is emblematic of affordable housing struggles across the […]

Fannie Mae looks at possibly bypassing title insurance

March 13, 2023
Fannie Mae is looking into a program that would forgo title insurance and attorney opinion letters, according to Housing Wire. The program would waive the title insurance requirements for some mortgage lenders on loans sold to Fannie Mae, the outlet said. The government-run company, which backs trillions of dollars of U.S. residential mortgages, would roll […]

Regulators Close New York-Based Signature Bank

March 13, 2023
Bank regulators on Sunday evening announced they have closed Signature Bank as they try to prevent a banking crisis spurred by the failure of Silicon Valley Bank. The state’s Department of Financial Services took possession of Signature, a major multifamily lender in New York, to protect depositors. The Federal Deposit Insurance Corporation was appointed receiver […]

Residential Real Estate Continues to Struggle

March 12, 2023
Commercial real estate isn’t the only sector struggling to get back on its feet. Residential is also suffering from a malaise after its pandemic-induced sugar high has been stifled by rising interest rates and limited inventory. And now, the springtime thaw brokers were hoping for looks more like a deep freeze. With the jobs report […]

Sheina Levin Pleads Guilty in Shelter Kickback Scheme

March 12, 2023
A New York City real estate brokerage owner pleaded guilty in federal court last week to paying kickbacks and bribes to Victor Rivera, the former head of one of the largest homeless shelter operators in the city, the New York Times reported. Sheina Levin, the owner of Urban Residences, pleaded guilty to one count of […]
1 2 3 20
Score LA is a website dedicated to the sprawling California city in the south, which happens to be the heart of the United State's movie and TV industry. Near the iconic Hollywood sign stands the studios Paramount Pictures, Universal, and Warner Brothers, along with others that also give behind-the-scenes tours.
Additional Information
Copyright © 2023 Score LA. All Rights Reserved. Protection Status