Finance & Mortgage

88-Year-Old Minnie Fish Almost Lost Her Home Because Her Mortgage Company Think that She Was Dead

Minnie Fish, the 88-year-old widow, nearly lost her home after she was erroneously reported to her mortgage company that she was dead. When the mortgage company heard news, the company cut off access to the loan and prevented Fish from making payments.

Real Estate Giant Affirms Suburban Office Parks Are Obsolete

According to NGKF, the office park model does "not offer the experience most of today's tenants are seeking." As a result, the suburban office market is faced with "obsolescence" on a "massive scale." More than 1,150 US office properties with over 95 million square feet are confronting this problem. Fortunately, a number of these old school office properties can still be salvaged with renovation.

Los Angeles Real Estate: Rents in LA Keeps Growing, Making It Unaffordable

Joint Center for Housing Studies (JCHS) of Harvard University released a report last Wednesday, Dec 9, stating that rents in Los Angeles areas are becoming more unaffordable for tenants.
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