NEWS

L.A. Times - Real Estate News

2/22/2018 6:40:00 AM

Ace Clearwater Enterprises needs to hire four welders.

The South Bay aerospace company could also use three more machinists, as well as four specialists who use 7-ton drop hammers to form metal parts for fighter jets.

But filling those positions is tough. Many young Californians are going to college,...

2/22/2018 2:25:00 AM

There is one type of home an American prefers to dwell in and after several generations it remains the most coveted.

A single-family home — not an attached condo or townhouse — was the preferred house to purchase for more than 75 percent of potential buyers surveyed by the National Association...

2/21/2018 12:55:00 AM

Sales of existing homes in the U.S. fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale.

The National Assn. of Realtors said Wednesday that sales dropped 3.2% from December to January, the second...

2/16/2018 10:00:00 PM

The San Diego County office market outlook has turned decidedly positive, according to the recently released Allen Matkins UCLA Anderson Forecast.

The industrial building outlook has dropped slightly since the June survey but it is still considered positive.But the survey of developers, lenders...

2/15/2018 11:10:00 PM

Bay Area home prices are out of reach for many middle-income families, but surely if you’re a highly prized engineer at Apple or Google you can afford a house there, right?

Not so fast.

These days even high-paid tech workers — the very people often blamed for driving up home prices — have to stretch...

2/13/2018 10:00:00 PM

The housing market reached new price peaks in 2017, shattering records left over from the 2005 housing boom.

Home prices rose as the number of homes for sale continued to drop — even more so than previous years. Meanwhile, the number sales stayed about the same.

Strong job growth, low unemployment...

2/13/2018 1:10:00 AM

With San Diego's move to buy an Imperial Avenue building for a new homeless "navigation center," some East Village downtown property owners are saying it’s the last straw.

The city has announced it will spend $7 million to buy 1401 Imperial Avenue and turn it into a one-stop housing "navigation"...

2/12/2018 12:30:00 AM

It’s been on again, off again and now it’s on again. Latin music artist Marc Anthony and his wife, model Shannon de Lima, have put a second home they own in Tarzana back on the market.

This time the asking price is $3.35 million, a cool million less than they were asking when they first listed...

2/9/2018 9:30:00 PM

A contemporary mansion with big-band ties, the onetime estate of a sandwich king and the new home base of a former baseball player were among the most expensive homes sold in January in Los Angeles County. Here’s a larger look.

$22.5 million — Bel-Air

On Somma Way, a contemporary mansion built...

2/7/2018 10:00:00 PM

The cities of San Diego and Lemon Grove are poised to sell lots for $1 each to a nonprofit land trust that will build houses reserved for middle-class families.

Maximum prices, for new three- to four-bedroom houses, will be $350,000.One project is 16 lots on vacant land in Nestor, near a trolley...

2/7/2018 4:05:00 AM

Donald Trump, president of the United States, has been given the go-ahead by a federal court to pay $25 million to settle charges that he committed acts of fraud on thousands of Trump University students.

The decision by the 9th Circuit U.S. Court of Appeals in San Francisco puts the kibosh on...

2/2/2018 4:05:00 PM

Between looking at home sales prices and owner names, we start to find patterns. This week’s roundup highlights a few “doubles” and a “triple.”

For starters, a popular talk show host and comedian has priced her Bel-Air home at nearly twice the price she bought it for. Then there’s a Beverly Hills...

1/31/2018 5:45:00 AM

Named after the Hancock family, who made a fortune by selling plots of land once their oil derricks ran dry, Hancock Park became a hot spot during Hollywood’s Golden Age.

Now, the upscale area between Wilshire Boulevard and Melrose Avenue plays home to diverse groups of people, and its streets...

1/30/2018 11:50:00 PM

Once characterized by bears, coyotes and a few hunting cabins, Hollywood Hills West eventually gained a reputation as a hot spot for musicians and movie stars during the Golden Age of Hollywood.

The hillside homes now vary from 1920s Spanish-style homes to contemporary showplaces, but the spectacular...

1/30/2018 4:50:00 AM

Built on a history of territorial disputes, armed ranchers and governmental land grabs, La Cañada Flintridge has since calmed down.

Now, the city is more known for its wealthy residents and excellent schools, and it offers a quiet life away from the hustle and bustle of the city.

In 2017, there...