Tag Archives: Los Angeles

The housing market hit $40 trillion for the first time in June, but strong demand met by record low inventory helped it sail past that mark to end the year at $43.4 trillion.

A report correlating rising rents and homelessness has accurately predicted the recently released point-in-time counts by the U.S. Department of Housing and Urban Development.

The city of Los Angeles has dropped a lawsuit accusing JPMorgan Chase of discriminatory lending toward minority borrowers that drove up foreclosures.

According to the study conducted by SmartAssett, a New York based personal finance technology firm, a total of 164,539 Los Angeles loans were refinanced in 2013 and the average refinance amount was $366,635. That equated to an average annual savings of nearly $7,000. Homeowners collectively saved more than $1.16 billion that year.