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  • Luxury home sales cooled in 2016, but a record number topped $100 million

    Luxury home sales cooled in 2016, but a record number topped $100 million

    Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than $100 million. A report released Wednesday by Christie's International Real Estate shows that sales of homes priced at $1 million or more edged up about 1% worldwide...

  • Rent growth steady for some of San Diego's biggest landlords

    Rent growth steady for some of San Diego's biggest landlords

    High rent for San Diegans means strong revenue growth for publicly traded companies that peddle apartments. Four real estate investment trusts, companies that own and operate rental units, control 12,330 apartments in San Diego County and have occupancy rates north of 95 percent. They all reported...

  • Televangelist's planned resort gets a major redesign but wailing wall still there

    Televangelist's planned resort gets a major redesign but wailing wall still there

    At first blush, the sophisticated renderings bespeak a modernist, campus-like setting, embroidered with meandering gardens, plazas, and stone and glass low-rise buildings. There are restaurants and a theater, a luxury hotel and a spa. But look a little closer and it’s quickly apparent this 18-acre...

  • Hot Property: Many roads lead to fame

    Hot Property: Many roads lead to fame

    It’s not just a face on the screen that makes one famous. This week’s offerings include big-name home buyers and sellers from many walks of life: radio, television, fashion and more. Once you’re done checking out these star-studded transactions, visit and like our Facebook page, where you can find...

  • What $2 million buys right now in three L.A. County real estate markets

    What $2 million buys right now in three L.A. County real estate markets

    Here’s a look at what’s on the market for about $2 million in the affluent communities of Cheviot Hills, Pacific Palisades and Rolling Hills Estates. CHEVIOT HILLS: Built in 1938, this single-story home features an updated kitchen with white subway tile and a wide island/bar. Address: 10561 Clarkson...

  • Hot Property: Inside the celebrity housing orb

    Hot Property: Inside the celebrity housing orb

    Though Los Angeles employers are concerned that high housing costs are an obstacle to hiring top talent, the Southern California celebrity sphere remains largely immune to such affordability fears. As spring temperatures rise, so do the number of home deals among the area’s high-profile actors,...

  • U.S. home sales jump to a 10-year high

    U.S. home sales jump to a 10-year high

    Americans bought homes in March at the fastest pace in more than a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4% last month to a seasonally adjusted annual rate of 5.71 million, the National Assn. of Realtors said Friday. This was the fastest...

  • Meet a new breed of hipsters: flipsters, millennials who flip homes

    Meet a new breed of hipsters: flipsters, millennials who flip homes

    That ever-present real estate breed, the home flipper, has spawned a new progeny: flipsters, or hipsters who flip homes — often to a hipster market. If you picture millennial flippers wearing flannel and pork pie hats as they peer through ironic eyewear at fixer-uppers, that might be a fairly accurate...

  • Neighborhood Spotlight: San Pedro's working to add leisure to its to-do list

    Neighborhood Spotlight: San Pedro's working to add leisure to its to-do list

    When the sailing vessel Pilgrim arrived at San Pedro to trade for cattle hides in 1834, seaman Richard Dana was struck by the area’s desolate quietude: It was, he wrote, “entirely bare of trees and even shrubs; and there was no sign of a town, — not even a house to be seen.” To Dana and his crew...

  • What about $875,000 buys right now in three L.A.-area housing markets

    What about $875,000 buys right now in three L.A.-area housing markets

    Here’s a look at what’s for sale in the high $800,000s in La Crescenta, Northridge and View Park. LA CRESCENTA: This 1950s single-story has a Cold War relic buried in the backyard: a bomb shelter reached by concrete steps. Address: 2749 Alabama St., La Crescenta, 91214 Listed for: $875,000 for...

  • San Diego housing: Mortgage rates down but is it enough?

    San Diego housing: Mortgage rates down but is it enough?

    After a rise in mortgage rates following Donald Trump’s election victory, rates have inched back down to nearly 4 percent. In costly markets, like Southern California, small rate changes can mean saving thousands of dollars over the life of a loan — even though rates are at historic lows. The monthly...

  • L.A.'s housing costs make it harder for companies to keep workers here, survey finds

    L.A.'s housing costs make it harder for companies to keep workers here, survey finds

    With year-round sunshine, golden beaches and some of the country’s best tacos and burritos, you might think Los Angeles wouldn’t have a problem attracting and retaining workers. But like many metropolitan areas burdened with high housing costs, the region’s affordability crisis is deterring workers...

  • California Inc.: Are higher gas taxes on the way to fix our crumbling roads?

    California Inc.: Are higher gas taxes on the way to fix our crumbling roads?

    Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. Here's a rundown of upcoming stories this week and the highlights of last week. Stocks ended the quarter Friday with sluggish trading, but it was still the best quarterly performance of the Standard & Poor's 500...

  • What $900,000 buys in Anaheim Hills, Cypress and Dana Point

    What $900,000 buys in Anaheim Hills, Cypress and Dana Point

    How much house does $900,000 buy in the Orange County real estate market? In Anaheim Hills, that amount could get you a remodeled four-bedroom; in Cypress, a newer mission-style home; and in Dana Point, a house in the gated Monarch Beach community. Here’s a more detailed look: ANAHEIM HILLS: This...

  • San Diego home price increases fall behind nation

    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...

  • Meteorologist Dallas Raines records a quick sale in Pasadena

    Meteorologist Dallas Raines records a quick sale in Pasadena

    If Dallas Raines’ sale offers any indication, it would appear the forecast for Pasadena real estate is sunny. The local meteorologist recently listed and sold his home in a span of about a month. The sale price was $3.3 million, or $5,000 over the asking price. Built in 2007, the gated two-story...

  • Stocks get a boost from consumer confidence and hopes for tax cuts

    Stocks get a boost from consumer confidence and hopes for tax cuts

    Banks and other financial companies led U.S. stock indexes sharply higher Tuesday, snapping an eight-day losing streak for the Dow Jones industrial average. The rally was broad, with materials and industrial companies among the biggest gainers. Energy stocks notched a big gain as crude oil prices...

  • Why California stinks for first-time home buyers

    Why California stinks for first-time home buyers

    If you’re a millennial living in California, buying your first home doesn’t come any harder. California ranked as the toughest state in the nation for first-time home buyers, who typically would be in the millennial age bracket of 18 to 34, according to a recent report by Claes Bell, an analyst...

  • 'Dancing with the Stars' alum Mark Ballas makes the leap to Laurel Canyon

    'Dancing with the Stars' alum Mark Ballas makes the leap to Laurel Canyon

    Former "Dancing with the Stars” regular Mark Ballas has made a couple of moves away from the dance floor, selling one home on the Westside and buying another in the Laurel Canyon area. On the sale side, Ballas parted with a Mediterranean-style home in the Beverly Crest area for $3.125 million in...

  • Neighborhood Spotlight: Hyde Park, affordable and transit-bound, is on the move again

    Neighborhood Spotlight: Hyde Park, affordable and transit-bound, is on the move again

    One of the enduring foundational narratives of Los Angeles is that of an avaricious, almost malevolent, municipality that bided its time before unleashing a wave of annexation, devouring countless small towns in its mad dash to spread itself across all the land between City Hall and the sea. This...

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