NEWS

L.A. Times - Real Estate News

10/16/2017 10:25:00 AM

The developer of a $300 million hotel complex planned for the same bayfront site as a proposed convention center expansion has filed suit against the city of San Diego, claiming that it is interfering with its contractual right to move forward with its project.

The lawsuit, which also names the...

10/14/2017 12:35:00 AM

Los Angeles County saw four home sales around the $20-million mark during September, including deals involving a commercial real estate mogul, a Netflix executive and a boxing champion. Here’s a look at the high-water sales.

$25.5 million — Beverly Hills

Floyd Mayweather Jr. wasted little time...

10/12/2017 8:45:00 AM

Home prices in California will continue to increase next year, but at a slower pace, said a forecast released Thursday by the California Association of Realtors.

The median price of a home is expected to rise 4.2 percent in 2018 to $561,000, less than the expected 7.2 percent increase this year.

...

10/10/2017 10:00:00 PM

Southern California apartment rents are expected to get even pricier over the next two years, as demand increases along with job growth, a report released Wednesday said.

In Los Angeles County, average rents in 2018 are forecast to hit $2,304, up 3% from the previous year. In 2019, rents are expected...

10/10/2017 10:00:00 PM

Southern California apartment rents are expected to get even pricier over the next two years, as demand increases along with job growth, a report released Wednesday said.

In Los Angeles County, average rents in 2018 are forecast to hit $2,304, up 3% from the previous year. In 2019, rents are expected...

10/6/2017 2:15:00 AM

Here’s a look at how far $1 million goes in the Newbury Park, Simi Valley and Ventura housing markets.

NEWBURY PARK: This remodeled two-story house in an equestrian area is prime for outdoor entertaining, with expansive decking and a swimming pool.

Address: 571 Citation Way, Newbury Park, 91320

...

10/5/2017 12:10:00 PM

The commercial building boom in downtown Los Angeles in recent years mostly has been north of the 10 Freeway.

But to the south, “for too long, the area has been overlooked” by developers, L.A. City Councilman Curren Price, whose district includes that section of South-Central Los Angeles, remarked...

10/5/2017 9:10:00 AM

Average rent in San Diego County hit a record high of $1,875 last month, continuing more than six years of rising rents in a tight housing market.

Rent has increased 7.59 percent in a year, said MarketPointe Realty Advisors, which has tracked the San Diego market since 1988. While that is down...

10/4/2017 2:40:00 AM

Wells Fargo & Co. said Wednesday that it will refund a swath of fees it assessed to mortgage borrowers whose delays in completing their loan applications were primarily the bank’s fault.

As it looks to win back trust after a scandal over its sales practices, the San Francisco bank said it will...

9/29/2017 5:05:00 PM

Autumn may not be the busiest time of the year for home sales, but there’s still plenty of transaction action among the rich and famous. This week’s collection brings you entertainment show hosts, pro athletes and a drummer whose very association with a place makes it a red-hot spot.

Once you’re...

9/29/2017 1:00:00 AM

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail shops and a concert venue.

In Orange County, an aging mall will give way to a mixed-use development with more than 900 homes. And in the South Bay, hundreds of homes are...

9/28/2017 11:00:00 PM

Los Angeles homeowners who sold last year after holding on to their homes for a long period of time saw sizable returns on their investments.

The typical Los Angeles home seller made $200,000 on the sale of a home in 2016 after owning it for a median period of nine years and eight months, according...

9/28/2017 12:00:00 AM

When Juana Monroy moved into Hollenbeck Terrace in the Boyle Heights neighborhood of Los Angeles in 2015, she learned that the white, towering senior apartment building was once a busy hospital that had appeared in dozens of movies and television shows.

Then she heard the rumors that the old Linda...

9/27/2017 11:30:00 PM

Like most communities in the San Fernando Valley, Pacoima’s roots are in agriculture.

At the end of the mission era, when Mexico took control of what had been Spanish land holdings, the land on which Pacoima would be founded became part of the accurately, if not quite melodiously, named Rancho...

9/27/2017 11:00:00 PM

In August, the median sales price for single-family homes in L.A. County climbed to $605,000, a 9% increase year over year. Here’s a look at what about that amount buys in the Highland Park, Van Nuys and Vermont Square housing markets.

HIGHLAND PARK: This California bungalow, dating to the early...