Would you take cash to leave a rent-controlled apartment? Data show it happens often in L.A.
Data published by the city controller’s office shed some light on ‘cash for keys’ agreements between renters and landlords across Los Angeles. …
Opinion: This Supreme Court case from California could ease housing shortages everywhere
A legal exception let California’s El Dorado County charge a $23,000 “traffic mitigation” fee for a single new home. Will the U.S. Supreme Court close the loophole?…
Opinion: California just banned ‘crime-free’ housing. Here’s why other states should too
Nuisance property laws and similar policies punish vaguely defined activities with eviction. They tend to increase homelessness, reduce safety and promote segregation….
University of California poised to buy former Westside Pavillion
Amid expansion of UCLA, UC officials are seeking to buy the former Westside Pavilion. Google had plans to build a massive campus at the shuttered mall, but those ambitions were never realized….
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….