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REAL ESTATE

REAL ESTATE NEWS

  • New home sales drop 7.6% in August nationwide but rise in the West

    New home sales drop 7.6% in August nationwide but rise in the West

    One month after surging to their highest level in nearly nine years, sales of new homes nationwide retreated in August, with the exception the west, the Commerce Department reported Monday.  Sales of newly built houses in the west jumped 8% from a month earlier, while nationwide sales dropped 7.6%...

  • Home of the Week: A ranch house reinterpreted in Pasadena

    Home of the Week: A ranch house reinterpreted in Pasadena

    A modern interpretation of classic ranch style, this 1950s residence in Pasadena’s sleepy North Arroyo draws the eye with its contrasting hues, black-framed windows and a mix of concrete, metal and natural wood finishes. Two similarly inspired guest suites, a pool house and a greenhouse now accompany...

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  • My Favorite Room: Tim Allen's office improvement: a window to his world

    My Favorite Room: Tim Allen's office improvement: a window to his world

    Tim Allen became a household name as the star of the long-running sitcom “Home Improvement,” but his favorite room is less suburban homey and more office industrial. When he’s not on the set of ABC’s “Last Man Standing,” which premieres its sixth season Friday, or on the road performing stand-up,...

  • What about $830,000 buys in the Rossmoor real estate market

    What about $830,000 buys in the Rossmoor real estate market

    Warm weather, access to award-winning schools and a tightknit local community have long made the Orange County community of Rossmoor one of the top suburbs in the country. In July, the median sale price for the area was $830,000, based on 17 sales, according to CoreLogic. Here’s a look at about...

  • Home of the Day: Mediterranean manse in Coronado

    Home of the Day: Mediterranean manse in Coronado

    Sitting along 85 feet of frontage in Coronado, this Mediterranean-style estate takes in sweeping views of the surrounding bay and nearby San Diego skyline. Inside, it’s the lavish details that draw the eye. A formal entry centers on a curved staircase with decorative black-and-gold ironwork. Leaded...

  • Rooftops are the new backyards

    Rooftops are the new backyards

    The backyard barbecue is moving upstairs. And so is the garden, dog run and a whole lot more as rooftops evolve into a new urban playground. As denser development fills city lots with multi-family town houses and apartments, architects and builders are utilizing rooftops in place of scarce outdoor...

  • Fashion designer James Perse stitches together a top-dollar sale in Malibu

    Fashion designer James Perse stitches together a top-dollar sale in Malibu

    An Old Hollywood haunt, new construction in Malibu and the latest creation of a fashion designer were among the properties that fetched top dollar in Greater Los Angeles from mid- to late August. Here’s a look at the most expensive homes sales recorded in the Multiple Listing Service from Aug....

  • Home of the Day: Minimalist style in Venice

    Home of the Day: Minimalist style in Venice

    Completed this year, this contemporary home in Venice has a minimalist vibe with lofted space, an industrial-style staircase and pocket doors. A rooftop deck takes in views of the surrounding city and nearby marina. Address: 2512 Wilson Ave., Venice, 90291 Price: $1.749 million Built: 2016 Architect: William...

  • 'Starship Troopers' actor Casper Van Dien parts ways with Malibu home

    'Starship Troopers' actor Casper Van Dien parts ways with Malibu home

    Actors Casper Van Dien and Catherine Oxenberg have sold their marital home in Malibu for $2.77 million. The couple, who separated last year, put the one-acre spread above Broad Beach on the market in April for $2.995 million. They bought the house more than a decade ago for $1.6 million, records...

  • Former Laker Jordan Farmar seeks $3.9 million for sleek Las Vegas home

    Former Laker Jordan Farmar seeks $3.9 million for sleek Las Vegas home

    After selling his house in Tarzana last year, local basketball product Jordan Farmar is ready to part with another piece of his portfolio. The point guard, who won two NBA titles with the Lakers, has put his contemporary-style house in the Las Vegas area on the market for $3.875 million. Completed...

  • Eagles bassist Timothy B. Schmit sells his Spanish-style home in Whitley Heights

    Eagles bassist Timothy B. Schmit sells his Spanish-style home in Whitley Heights

    Musician Timothy B. Schmit of the Eagles fame has sold his home in historic Whitley Heights for $1.9 million. The Spanish-style home, built in 1924, blends vintage charm with worldly details such as windows and doors imported from India and Morocco. Nearly 3,500 square feet of interior space includes a...

  • Home of the Day: Russian River estate offers Victorian romance, prime acreage

    Home of the Day: Russian River estate offers Victorian romance, prime acreage

    Spread across 1,745 acres in California’s scenic Mendocino wine country, this Victorian Queen Anne-style estate charms with its classic details. Though it was built in 1997, the main house evokes a bygone era with its broad front porch, decorative gables and a conical witch’s hat turret. Inside,...

  • 6 ways you're sabotaging your mortgage pre-approval

    6 ways you're sabotaging your mortgage pre-approval

    Home buyers make a lot of mistakes that hurt their chances of getting a mortgage pre-approval from their lender. You don’t want to join their ranks and sabotage your home purchase. To find out what those missteps are, we talked to two lending experts: Casey Fleming, a mortgage advisor with C2 Financial...

  • Daren Metropoulos takes ownership of Playboy Mansion, Hef included

    Daren Metropoulos takes ownership of Playboy Mansion, Hef included

    There’s a new playboy on the Westside. Daren Metropoulos, the son of billionaire investor C. Dean Metropoulos and principal at the investment firm Metropoulos & Co., has closed sale on the legendary Playboy Mansion. The longtime Holmby Hills home and workspace of Hugh Hefner, the mansion sold for...

  • They built towering new cities in China. Now they're trying it in downtown L.A.

    They built towering new cities in China. Now they're trying it in downtown L.A.

    Winston Yan stood atop the largest real estate project of its kind in downtown Los Angeles, a monstrous patchwork of glass and concrete next to the 110 Freeway, and marveled at the bustle of workers, construction vehicles and cranes 38 stories below. The scope of development in this mixed-use project,...

  • Home of the Week: An opulent dive over Stone Canyon Reservoir

    Home of the Week: An opulent dive over Stone Canyon Reservoir

    One might say this newly built mansion, overlooking the cool blue water of Stone Canyon Reservoir in Bel-Air, is awash in lavish detail. Persian onyx, Italian travertine and French limestone finishes lend a polished look to an Italianate-inspired estate on about half an acre. Three swimming pools...

  • Ellen DeGeneres sells a home for the second time, and other top sales

    Ellen DeGeneres sells a home for the second time, and other top sales

    A high-dollar transaction in the South Bay and a quiet celebrity sale in Hollywood Hills West were among the priciest real estate deals closed in Greater L.A. in early August. Here’s a look at the most expensive home sales recorded from July 31 through Aug. 13. $10 million — Palos Verdes Estates...

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