Buy & Sell

First-Time Buyers Opt Out of Buying a Home Because of Credit Scores

First-time buyers comprise the majority of potential homebuyers in this market. However, a recent report shows that one in five future first-time homebuyers are more likely to opt out of buying a home altogether. Why is this the case?

Gwyneth Paltrow Buys a Fixer-Upper for $4.9M; Opens up About Split with Chris Martin

Gwyneth Paltrow has joined the growing list of celebrities who are into buying a fixer-upper, as she recently purchased a home in Santa Barbara, CA for $4.9 million. The 43-year-old actress also opened up on her divorce from Coldplay frontman, Chris Martin.

Bank's Losses Increase in Commercial Real Estate

The fourth quarter CRE loss rates, which is the annualized charges as a percentage of average loan balances, is now being reviewed by regulators recently. This is part of the oversight on financial institutions' activities that are related to commercial real estate loans. The oversight was instituted to prevent the market crash recently experienced by the real estate market.
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