SoCal home sales & prices show gains

SoCal home sales & prices show gains

From LA Times. Southern California home prices and sales climbed in April for the second straight month after a period of stagnation. The gains, however, may signal a tough summer ahead for buyers, who face a dwindling supply of homes in most areas. The price and...
RealtyTrac: Mortgage lending rose 17% in first quarter

RealtyTrac: Mortgage lending rose 17% in first quarter

From HousingWire.com Thanks in large part to the continually low interest rate, mortgage originations rose 17% year-over-year in the first quarter, according to a new report from RealtyTrac. RealtyTrac’s Q1 2015 U.S. Residential Loan Origination Report showed that...
Chinese developer leads transformation of L.A.’s skyline

Chinese developer leads transformation of L.A.’s skyline

With $6 billion in assets, I Fei Chang is thought to be the biggest female developer in the U.S. Chang, a Taiwan native and a Yale grad, takes pride in her ability to move quickly. Chang is managing the $1-billion Metropolis hotel, condominium and shopping complex in...