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REAL ESTATE

REAL ESTATE NEWS

  • What do millennials want?

    What do millennials want?

    Offices ideal for collaboration and flexible spaces and residences with shared amenities near social opportunities part of the mix

  • Making San Diego affordable

    Making San Diego affordable

    City's Housing Commission using analysis to increase stock that is within reach for families unable to pay market costs

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NEIGHBORHOOD SPOTLIGHT

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  • Virtual reality homebuying is on the horizon

    Virtual reality homebuying is on the horizon

    Would you buy a home without ever stepping foot in it?  Thanks to virtual reality, prospective homebuyers can check out for-sale properties by viewing them through a headset — exploring faraway kitchens and bathrooms without ever leaving the couch. “VR is the next natural evolution in terms of...

  • Stocks mostly rise, led by companies that pay big dividends

    Stocks mostly rise, led by companies that pay big dividends

    Utilities, real estate firms and other companies that pay big dividends led U.S. stocks mostly higher Wednesday, pushing the Nasdaq composite to a new record for the second day in a row. The gains by big-dividend stocks came as bond yields fell, making those traditionally safer stocks more attractive...

  • Trusts aren't a surefire way of making your HOA property judgment-proof

    Trusts aren't a surefire way of making your HOA property judgment-proof

    Question: We own a townhouse in a homeowner association that shares a wall with our next-door neighbor. We also own a detached single-family dwelling in a gated community some 50 miles away where the HOA board takes care of the common areas, pools and tennis courts. Both properties are mortgage-free....

  • Essex, San Diego's 3rd largest landlord, misses Wall Street expectations

    Essex, San Diego's 3rd largest landlord, misses Wall Street expectations

    Essex Property Trust, the third largest landlord in San Diego County, slightly missed Wall Street expectations with its fourth quarter earnings report released Thursday. The publicly-traded residential real estate investment trust had funds from operations in the fourth quarter of $190.8 million,...

  • Valet parking, 24-hour concierge, screening rooms ... luxury-condo perks lure buyers out of the house

    Valet parking, 24-hour concierge, screening rooms ... luxury-condo perks lure buyers out of the house

    The free breakfast buffet served daily to owners of the Ritz-Carlton Residences at L.A. Live includes scrambled eggs, bacon, French toast, fresh fruit and expansive 28th-floor views. The complimentary meal is an unprecedented perk in the competitive landscape of luxury L.A. condominiums, where...

  • Seeing green: Jane Fonda and Richard Perry seek $13 million for eco-friendly home

    Seeing green: Jane Fonda and Richard Perry seek $13 million for eco-friendly home

    Music producer Richard Perry and actress Jane Fonda are readying for a scene change in Beverly Hills, listing their eco-friendly home of five years for sale at $12.999 million. Tucked behind gates in the Trousdale Estates area, the four-bedroom, 6.5-bathroom house boasts clean lines, open-plan...

  • Virtual reality homebuying on the horizon

    Virtual reality homebuying on the horizon

    Southern California’s home market is so competitive that some buyers make down payments on houses over mobile streaming applications.  Soon, thanks to virtual reality, showing a home may become passé, too.  Calgary, Canada-based builder Brookfield Residential will offer virtual tours of model homes...

  • San Diego median home price ends the year under $500,000

    San Diego median home price ends the year under $500,000

    The typical home price in San Diego County ended the year under half a million dollars.  In December, the median home price was $495,000, real estate tracker CoreLogic reported Tuesday. It was the same as the previous month and below the year’s peak of $507,500 in October. In 12 months, the county’s...

  • Southern California home prices jump and sales fall

    Southern California home prices jump and sales fall

    Southern California home prices jumped in December, reaching the highest level in more than nine years. An improving economy and a shortage of homes for sale propelled prices up 6.8% from a year earlier, real estate data firm CoreLogic said Tuesday. December’s median price of $470,000 was up 1.1%...

  • Trump's team suspended a mortgage insurance rate cut. Here's what that means

    Trump's team suspended a mortgage insurance rate cut. Here's what that means

    On Friday, the Trump administration suspended a pending rate cut to FHA mortgage insurance that the outgoing Obama administration announced just a week earlier.  The decision to indefinitely suspend the planned cut was one of the new administration’s first acts. As a result, a decision over insurance...

  • Moody's reaches $864-million settlement over bond ratings leading up to financial crisis

    Moody's reaches $864-million settlement over bond ratings leading up to financial crisis

    Moody's Corp. has agreed to pay nearly $864 million to settle federal and state claims it gave inflated ratings to risky mortgage investments in the years leading up to the financial crisis. The deal announced Friday was struck among the New York-based rating firm, the Justice Department and the...

  • Sommerset Suites Hotel in Hillcrest to become apartments

    Sommerset Suites Hotel in Hillcrest to become apartments

    A Hillcrest hotel purchased for $19.5 million will be turned into luxury apartments.  The 80-room Sommerset Suites Hotel at 606 Washington St. was originally built as an apartment complex in 1986 but had been a hotel for 20 years.  SENTRE, a San Diego-based real estate investment firm, said it...

  • Neighborhood Spotlight: East Los Angeles a physical homeland and cultural touchstone

    Neighborhood Spotlight: East Los Angeles a physical homeland and cultural touchstone

    East Los Angeles is both a place and a mode of being, a physical homeland and the spiritual heart of the Mexican diaspora in the United States. The cultural and political effects that this vibrant neighborhood have had, across the country and around the world, are hard to overstate. It’s impossible...

  • New homeowners will get savings under Fed change

    New homeowners will get savings under Fed change

    Future homeowners in pricey Southern California got welcome news Monday after weeks of  rising mortgage rates. The Federal Housing Administration announced Monday it will reduce the annual insurance premiums most borrowers will by pay by a quarter of a percent, saving the average homeowner $500...

  • Rob Kardashian lists his crib in Calabasas for $2.675 million

    Rob Kardashian lists his crib in Calabasas for $2.675 million

    The Calabasas home of Rob Kardashian of “Keeping Up With the Kardashians” fame has come on the market at $2.675 million. Kardashian, through a blind trust that holds other real estate for the Kardashian-Jenner family, bought the home in a gated community last year for $2.285 million, property records...

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