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REAL ESTATE

REAL ESTATE NEWS

  • Warren Buffett paid $150,000 for this O.C. home. Now he's asking $11 million

    Warren Buffett is ready to cash in a nearly 5-decade-old investment. The 86-year-old business magnate has listed an ocean-view home in Laguna Beach for sale at $11 million. That’s quite a markup from the $150,000 Buffett paid for the property in 1971, property records show. The multilevel home,...

  • Hot Property: It takes money to make money

    Hot Property: It takes money to make money

    This week’s offerings remind us that if one buys and holds real estate long enough, there’s money to be made. We start with a timeless example. How long, you ask? Oh, say close to 50 years. How much, you ask? Nearly $11 million. At least that’s how a Laguna Beach investment is shaping up for billionaire...

HOT PROPERTY: CELEBRITIES

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NEIGHBORHOOD SPOTLIGHT

MORE REAL ESTATE NEWS

  • 2016: The year in housing

    2016: The year in housing

    San Diego County’s housing market hasn’t fully recovered from the recession, but it is getting close. Last year, 23 ZIP codes hit new high median home prices, according to real estate tracker CoreLogic. The countywide median in 2016, $490,000, fell just shy of the $500,000 peak reached in 2005...

  • 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

  • It's not 2016 anymore ...

    It's not 2016 anymore ...

    Between boom and bust forecasts for the Trump era, the smart money might be on somewhere between those extremes

  • Kurt Russell and Goldie Hawn let go of longtime Pacific Palisades home

    Kurt Russell and Goldie Hawn let go of longtime Pacific Palisades home

    Actors Kurt Russell and Goldie Hawn have sold their Pacific Palisades home of more than a decade for $6.9 million. The Georgian traditional-style home, built in 1951 and since updated, retains its classic curb appeal, with slender columns, ivy-covered siding and brickwork. An ornate frontispiece...

  • 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...

  • The vanishing San Diego single-family home

    The vanishing San Diego single-family home

    Many people still dream of buying a house that includes a few bedrooms, a yard to play in and a porch to watch the comings and goings of the neighborhood.  Yet making that dream a reality is becoming increasingly more difficult in San Diego County. Local planners and communities have largely cut...

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