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The number of mortgage borrowers in Covid-19 forbearance plans ticked down again this week. (iStock)

3M homeowners remain in forbearance

Nearly 3 million U.S. homeowners were in forbearance programs as of this week, a massive amount but still a sharp drop from 4.76 million at the height of the pandemic. That’s according to a...

3M homeowners remain in forbearance
Howard Johnson at 7432 Reseda Boulevard and Hotel Solaire at 1710 7th Street

LA will buy mostly-vacant motels for Project Homekey

The City of Los Angeles has earmarked $105 million to buy 10 motels and convert them into interim housing...

LA will buy mostly-vacant motels for Project Homekey
Gap CEO Sonia Syngal (Getty)

Gap Inc. will close 350 stores and exit malls entirely

Another big retailer is leaving struggling malls behind. Gap Inc. announced Thursday that it will close 350 of its...

Gap Inc. will close 350 stores and exit malls entirely
The National Multifamily Housing Council’s monthly payment tracker found that 90.6 percent of those households paid some rent by Oct. 20. (iStock)

Rent collections in market-rate apartments stagnate in October

Rental payments for market-rate apartments are holding steady from September, but down slightly from last year. The National Multifamily...

Rent collections in market-rate apartments stagnate in October
Assessor Jeffrey Prang

LA County property values may tumble in next tally: Assessor

Fast-developing Inglewood and El Segundo were among the Los Angeles County cities whose property values grew the most in...

LA County property values may tumble in next tally: Assessor
Starwood loses control of another mall in default

Starwood loses control of another mall in default

Starwood Retail Partners is giving up on one of its suburban Chicago malls, handing over the keys to its...

Starwood loses control of another mall in default
The National Association of Home Builders Housing Market Index reached a record high for the second consecutive month in October 2020. (iStock)

Building up: Homebuilder confidence hits new highs

Homebuilders are feeling record levels of optimism, according to a new report. The National Association of Home Builders/Wells Fargo...

Building up: Homebuilder confidence hits new highs
Tents in Los Angeles, California (Credit: APU GOMES/AFP via Getty Images)

LA officials cut $300M homeless housing deal

Los Angeles city and county officials have finally reached a deal to house thousands of homeless people who live...

LA officials cut $300M homeless housing deal
San Francisco and New York (iStock)

San Francisco rents continued unprecedented slide

Rents are free-falling in the country’s most expensive market. The median monthly rate for a studio in San Francisco...

San Francisco rents continued unprecedented slide
Do you know your real estate vocab?

Do you know your real estate vocab?

...

Do you know your real estate vocab?
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