REAL ESTATE

REAL ESTATE NEWS

San Diego home price increases fall behind nation

San Diego County’s home market continued to show signs of decelerated growth in January, falling behind the national average for the second month in a row, said the S&P CoreLogic Case-Shiller Indices released Tuesday. The indices, adjusted for seasonal swings, showed San Diego County home prices...

HOT PROPERTY: CELEBRITIES

view more

NEIGHBORHOOD SPOTLIGHT

MORE REAL ESTATE NEWS

  • Southern California home prices jump again as short supply fuels bidding wars

    Southern California home prices jump again as short supply fuels bidding wars

    Southern California home prices jumped in February, posting the largest increase in more than a year, as buyers rushed to outbid one another for a meager selection of homes for sale. The six-county region’s median price for new and resale homes hit $460,000 last month, up $5,000 from January, real...

  • Los Angeles ranks as the top choice in the U.S. for international real estate investors

    Los Angeles ranks as the top choice in the U.S. for international real estate investors

    Los Angeles is in a sweet spot in its real estate cycle that will make it one of the top choices in the world for buying property this year, a new report says. The L.A. area ranked No. 1 in North America in a survey of global real estate investors who have a combined total of $1.7 trillion to spend...

  • Deploying a windfall wisely

    Deploying a windfall wisely

    Dear Liz: I recently received a $38,000 windfall. I have a student loan balance of $37,000. I want to buy a home, but I can’t decide if I should have a large down payment and continue paying down student loans slowly, or make a balloon payment on my student loans and put down a smaller amount on...

  • Didn't pay your HOA assessments? Get ready for steep penalties and interest costs

    Didn't pay your HOA assessments? Get ready for steep penalties and interest costs

    Question: Our homeowner association is trying to foreclose on our home for unpaid dues and assessments. The mortgage payments have been paid on time, but the board is still threatening foreclosure. Worse, after the board hired a lawyer, our total owed dramatically increased. We agree the unpaid...

  • With housing costs skyrocketing, rent control is on the docket again in Sacramento

    With housing costs skyrocketing, rent control is on the docket again in Sacramento

    Amid California’s housing crisis, several state lawmakers want to give cities the ability to dramatically expand rent control, including imposing the kind of strict limits that once existed in Santa Monica and West Hollywood but have been barred since the 1990s. A bill that would do so, introduced...

  • Neighborhood Spotlight: Beverly Grove, once a wallflower, proves itself a dynamo

    Neighborhood Spotlight: Beverly Grove, once a wallflower, proves itself a dynamo

    Beverly Grove was born as a series of car-oriented subdivisions on the far-flung outer edge of a young Los Angeles — farther out, even, than the trolleys ran. Today, the once-sleepy neighborhood is popular, dynamic and fast-changing, and a locus of concern about the threat of the mansionization...

  • Metropoulos scion lands his own trophy estate on the Westside

    Metropoulos scion lands his own trophy estate on the Westside

    Is there a sibling rivalry brewing on the Westside? Six months ago, Daren Metropoulos closed a record deal for the Playboy Mansion. Now his brother, Evan, has landed his own trophy estate in what is L.A. County’s priciest home sale to date this year. Here’s a larger look at the most expensive...

  • Apply for a home loan from your phone? That's just the start of LoanDepot's plans

    Apply for a home loan from your phone? That's just the start of LoanDepot's plans

    From your smartphone, you can summon Lyft for a ride, buy just about any product using the Amazon app and use Zillow to shop around for a new home. LoanDepot, a Foothill Ranch mortgage lender, on Monday unveiled a host of new tech tools that will enable customers to do one more thing: apply for...

  • Musician Dave Stewart readies storied home in Toluca Lake for its next release

    Musician Dave Stewart readies storied home in Toluca Lake for its next release

    Singer-songwriter and producer Dave Stewart, formerly of the pop duo Eurythmics, has listed his home in Toluca Lake for sale at $5.65 million. The Spanish-style compound, built by Toluca Lake pioneer and designer William Klump in 1927, has a Hollywood pedigree that spans several generations. Among...

  • Hot Property: Get your fill of eye candy

    Hot Property: Get your fill of eye candy

    There’s a lot to look at in this week’s lineup. Singer Britney Spears’  house in Thousand Oaks is sharply dressed in subdued tones. Clothing magnate Tommy Hilfiger’s Florida estate blinds with dazzling geometric patterns and bright colors. Pro golfer’s Fred Couple’s Mediterranean villa smoothly...

  • Millennials want houses in the suburbs after all, new studies find

    Millennials want houses in the suburbs after all, new studies find

    At 24 years old, Bre Hataishi wants a house. For now, the preschool teacher rents a one-bedroom apartment in San Diego’s South Park neighborhood with her boyfriend, but only because their income is far too low for them to buy a home. When the time comes, they have little interest in the hundreds...

  • Where millennials want to live might surprise you

    Where millennials want to live might surprise you

    Even at 24 years old, preschool teacher Bre Hataishi has her eyes set on a house. For now, she rents a one-bedroom apartment in South Park with her boyfriend, but only because their income is nowhere near what they need to purchase. When the time comes, the couple has little interest in the hundreds...

  • What $900,000 buys in the San Fernando Valley real estate market

    What $900,000 buys in the San Fernando Valley real estate market

    What does $900,000 buy in the San Fernando Valley housing market? In Burbank, a contemporary home with canyon views; in Chatsworth, a 5,200-square-foot house with a pool; and in Studio City, a 1930s bungalow with a recording studio. Here’s a more detailed look: SYLMAR: This ranch-style house on...

  • San Diego County home price increases slow

    San Diego County home price increases slow

    San Diego County’s housing market in December grew more slowly than the national average, reflecting a trend of decelerating price increases since the start of 2016, said the S&P CoreLogic Case-Shiller Indices released Tuesday.  The regional index of home prices, adjusted for seasonal swings, was...

  • Southern California home prices, sales rise in January amid post-election rush

    Southern California home prices, sales rise in January amid post-election rush

    Southern California home prices and sales jumped in January from a year earlier, a sign buyers rushed to purchase a home as mortgage rates rose following the presidential election. Sales in the six-county region rose 5.4% to reach the highest level for a January in four years, real estate data...

  • San Diego home median price starts year under $500K

    San Diego home median price starts year under $500K

    The San Diego County median home price was $495,000 in January, unchanged for three months, CoreLogic said. In October, the median hit $507,500 — its highest point in a decade — but has remained under half a million dollars since and pushed the nominal 2005 peak of $517,500 (or $644,487 in 2016 dollars)...

  • The new reverse mortgage is safer but still expensive

    The new reverse mortgage is safer but still expensive

    Dear Liz: If you have never written about the new reverse mortgages, please consider it. I’m nearly 90 and this Home Equity Conversion Mortgage sounds too good to be true. Is it? I’ve talked to a broker and a direct lender and attended a two-hour seminar on the subject. Answer: Reverse mortgages...

  • 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...

  • Off with a bang? L.A. County sees two sales of $30 million or more in early February

    Off with a bang? L.A. County sees two sales of $30 million or more in early February

    The high-end market may have been slow to develop in 2016, but it is already off to a brisk start this year. L.A. County has seen eight sales of $20 million or more through the first six weeks of 2017. Among them are two properties in Bel-Air that recently traded hands at $30 million or more. Here’s...

  • 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...

  • 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

  • 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

  • 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...

61°