Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week. Friday brought…
Asked to name L.A.’s hottest housing markets with musicians, actors and sports stars, places like Beverly Hills, Malibu and West Hollywood immediately come to mind. This week’s roundup, however, includes several homes in the Encino…
San Diego County’s median home price ended the year at $550,000, one of its lowest points of 2018, real estate tracker CoreLogic reported Wednesday. December’s price is reflective of reduced sales in the home market…
The housing market’s chill grew colder in December, as sales plunged across Southern California and home prices barely rose. The number of closed deals fell 20.3% compared with a year earlier, hitting the lowest level…
San Diego home price gains continued to slow in November compared to most of the nation and California, said the S&P CoreLogic Case-Shiller Indices released Wednesday. Resale home prices in the San Diego metropolitan area…
San Diego’s rental income gold rush shows no sign of slowing down. More than 4,500 apartments are scheduled to open in 2019, outpacing last year’s total by roughly 1,000. Last year, the multifamily market was…
Ninety years ago, workers hurrying to their jobs on Spring Street witnessed a remarkable sight: a swanky garage that lifted Ford Model A’s and other Jazz Age roadsters as high as 13 stories to a…
Specialty grocer Jimbo’s Naturally is asking a San Diego Superior Court judge to block any efforts by developer Stockdale Capital Partners to turn Horton Plaza into a technology office campus. The locally owned business earlier…
Construction on Oceanwide Plaza, one of the biggest real estate development projects in downtown Los Angeles, has stalled in what may be a shortfall in financing from the project’s Chinese owner. The condominium, hotel and…
U.S. home sales cratered in December, causing price growth to slip to the lowest level in nearly six years as the housing sector ended 2018 on a decidedly weak note. The National Assn. of Realtors…