Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023
Beyoncé, Jay-Z, Jennifer Lopez, Ben Affleck and Mark Wahlberg all made the list of Southern California’s top home sales this year. …
Falling mortgage rates lend a helping hand to home buyers
Mortgage interest rates have fallen more than a percentage point since October. The drop relieves prospective buyers, but experts say rates are likely to stay high. …
‘Real Housewives’ broker lawsuit settled with donation to pro-Israel charity
Celebrity real estate broker and ‘Real Housewives’ regular Mauricio Umansky has settled the lawsuit over his $70-million flip of a Malibu mansion. …
Florida company targeted California homeowners with predatory scheme, state attorney general alleges
The California attorney general sued MV Realty, alleging the firm targeted vulnerable California homeowners by locking them into 40-year contracts….
Southern California home prices fell last month. Don’t expect them to plunge
Southern California home prices fell slightly in November, but experts don’t expect values to plunge because there’s an extreme shortage of homes for sale….
Hoping to build an ADU? New grants can help low-income Californians get started
A popular state program to help pay for the cost of building an ADU is back, but with lower-income limits for applicants and less money to award….
Black-trimmed homes, tiny libraries and other signs your neighborhood is about to be gentrified
Gentrification is easy to spot if you know where to look. If homes in your neighborhood follow these trends, gentrification might be on the way….
Santa Cruz plans high-rise living as a fix for sky-high housing costs — and meets opposition
Santa Cruz leaders say downtown high-rises would ease housing costs. Activists call the plan ‘out of character’ for the laid-back beach town and are fighting new construction….
Three rentals and an ADU? A narrow two-story in Venice makes the case for building up
Is vertical development a possible solution to the housing crisis? A slim, two-story ADU on a tight infill lot in Venice makes the case. …
What can you build on L.A.’s steep, narrow lots? How about this surprisingly roomy home
Simon Storey of Anonymous Architects has become the go-to for seemingly impossible L.A. lots. Building his own home on a Silver Lake hillside took some unexpected turns….