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Keep on top with latest and exclusive updates from our blog on the Los Angeles real estate world. Ascend Team posts about tips and trends for buyers, sellers, and investors every week. Whether it be about staging your property or a snapshot of the market, this is your one stop shop.
Rocket Companies announces $1.2B senior notes offering
Rocket will use the offering, which is split between notes due in 2031 and 2034, to pay debts, including Senior Notes due this year.
Homebuyers hoping for Fed relief may be waiting until 2027
Goldman Sachs pushed its next expected Fed rate cuts into 2027, while J.P. Morgan expects the central bank to stay on hold this year.
Existing-home sales hit highest level since December
Existing-home sales rose 3.2 percent in May to a seasonally adjusted annual rate of 4.17 million, the highest level since December, according to NAR.
