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  • L.A. County office market tightens in first quarter

    L.A. County office market tightens in first quarter

    Prospective office renters in Los Angeles County are likely to have to dig deeper into their wallets as rents rise and empty space continues to fill up. Market improvements for landlords that emerged in the second half of 2014 continued in the first quarter. Businesses expanded faster than new...

  • Airbnb cuts ties with vacation-rental firms in Los Angeles

    Airbnb cuts ties with vacation-rental firms in Los Angeles

    Amid mounting pressure from housing advocates and community groups, Airbnb is cutting ties with some of its biggest money-makers. Two of the home-sharing giant's largest Los Angeles-area hosts — vacation-rental firms with dozens of apartments apiece — said Friday that Airbnb had dropped them from...

  • Rents rise again in Southern California, but not so fast this time

    Rents rise again in Southern California, but not so fast this time

    Red-hot rent growth is cooling in Southern California, but that doesn't mean an apartment is easy to find. The average rent paid in Los Angeles County in the first quarter climbed 2.4% compared to last year, to $1,520 a month, according to new figures out Thursday from real estate data firm Reis...

  • Airbnb brings its rental revolution to Cuba

    Airbnb brings its rental revolution to Cuba

    Travelers visiting Cuba can now find a place to stay through Airbnb, in what experts say is the most significant U.S. company expansion into the island nation since trade and travel restrictions were eased in January. The San Francisco-based short-term rental listing company said Thursday it has...

  • Room rates skyrocket for Coachella music festival

    Room rates skyrocket for Coachella music festival

    With less than two weeks until the Coachella music festival, the traditional last-minute panic to book someplace to stay is pushing hotel room prices up an average of more than 70%. Expect to pay $343 a night for a room at a cramped one-star hotel near the annual two-weekend bash at the Empire...

  • Tenants benefit when rent payment data are factored into credit scores

    It's the great credit divide in American housing: If you buy a home and pay your mortgage on time regularly, your credit score typically benefits. If you rent an apartment and pay the landlord on time every month, you get no boost to your score. Since most landlords aren't set up or approved to...

  • Guests at some Marriott hotels can stream Netflix, Hulu and Pandora

    Guests at some Marriott hotels can stream Netflix, Hulu and Pandora

    Marriott International, the world’s largest hotel company, is letting some guests stream Netflix, Pandora and Hulu on their hotel television sets. Before you rush to book a Marriott room, the hotel giant is offering the feature only at eight hotels on a test basis. Marriott officials wouldn’t give...

  • L.A. County office market perks up as vacancy falls and rents rise

    L.A. County office market perks up as vacancy falls and rents rise

    Growing companies in Los Angeles County ramped up demand for office space in the fourth quarter, demonstrating that more businesses are confident about their prospects. The office market dipped in the recession and hit bottom about five years ago, but improvements afterward seemed to come grudgingly...

  • Rent growth in Southern California slows in fourth quarter

    Rent growth in Southern California slows in fourth quarter

    Southern California's red-hot rental market cooled down a bit at the end of 2014 as more new apartment buildings opened. Rents in Los Angeles County climbed a relatively modest 2.5% in the fourth quarter, compared with the same time a year earlier, according to new figures out Tuesday from real...

  • As L.A. weighs regulation, Airbnb touts its economic impact in city

    As L.A. weighs regulation, Airbnb touts its economic impact in city

    As Los Angeles City Council members launch a push for tougher regulations on short-term rental housing, the industry’s biggest player has begun touting its impact on the city. Airbnb, a San Francisco firm that helps people rent space in their homes like hotels, on Thursday is releasing a study...

  • Northern edge of Westlake finally getting developers' attention

    Northern edge of Westlake finally getting developers' attention

    The real estate investment wave remaking Echo Park and Silver Lake is spreading south of the Hollywood Freeway. An upscale apartment complex is under construction on a former vacant lot on Temple Street in Los Angeles' Westlake district. The 67-unit complex is one of several projects underway or...

  • Apps, sites aim to transform apartment rental listings

    Apps, sites aim to transform apartment rental listings

    For a long time, hunting for an apartment has meant wading through cryptic yard signs, inscrutable classifieds and frustrating games of phone tag. That's finally changing. Mobile-app start-ups, online real estate giants and even old-school local listing firms are gearing up to streamline the splintered...

  • Apartment developer sets sights on young families of modest means

    Apartment developer sets sights on young families of modest means

    While many Southern California apartment builders are racing to attract hip, single urbanites with lots of cash, one Los Angeles developer is taking a different tack and pursuing young families of more modest means. Decron Properties Corp. is buying and upgrading aging apartment complexes in semi-suburban...

  • Apartments lead U.S. housing starts

    Apartments lead U.S. housing starts

    More apartments are coming. A surge of multifamily construction powered better-than-expected gains in home building in September, according to new figures out Friday. The Census Bureau said housing starts climbed 6.3% from August, and through the first nine months of the year are running 9.5% ahead...

  • Housing starts speed up in September, led by new apartments

    Housing starts speed up in September, led by new apartments

    Housing construction picked up in September, buoyed by a surge in apartment-building. Housing starts increased 6.3% from August, according to new figures from the Census Bureau, a pace a bit faster than analysts expected. That figure was driven by a 18.5% jump in starts for buildings with five...

  • Southern California rents to keep climbing over the next two years

    Southern California rents to keep climbing over the next two years

    Renters, get ready to pay more to live in the Southland. The average cost of an apartment in the region is projected to grow more than 8% over the next two years, according to a new report out Tuesday, making one of the nation's least affordable rental markets even less so. The figures come from...

  • Rents in Southern California will climb faster in next two years, study says

    Rents in Southern California will climb faster in next two years, study says

    Renters, get ready to pay a little more. The cost of the average apartment in the Southland is projected to grow more than 8% over the next two years, according to a report out Tuesday. A new study from USC’s Lusk Center for Real Estate projects that rents will climb 8.2% in Los Angeles County...

  • What is difference between security deposit and holding deposit?

    Question: After months of looking for an apartment close to my place of employment, I found a great place. I signed a month-to-month rental agreement and paid my first month's rent as well as what I thought was a security deposit. The manager promised to have the apartment ready in two weeks but...

  • Divide between homeowners and renters is growing

    Divide between homeowners and renters is growing

    For homeowners in Southern California, the housing recovery has been pretty kind. For renters, not so much. New figures highlight the growing gap between owners and renters in the Southland: Many homeowners are capitalizing on low interest rates to push down their monthly payment while renters...

  • Rent growth picking up pace in Southern California this summer

    Rent growth picking up pace in Southern California this summer

    The rent is getting higher, faster. The average rent in Los Angeles County has climbed 8.8% in the last year, according to a new report out Tuesday from real estate website Trulia, with the median two-bedroom apartment now going for $2,450. That's a significantly faster clip than the 5.4% annual...

  • Rent vs. buy? A look at the math and other factors

    Rent vs. buy? A look at the math and other factors

    It may be the biggest financial decision most of us ever make: Buy a house? Or keep renting? For a while in the wake of the housing crash, the answer was pretty clear: If you could swing it, buy now. But things have changed rapidly. Prices in Southern California have climbed by a third in two years....

  • More than 70% of apartment renters own pets, survey finds

    More than 70% of apartment renters reported owning pets, with cats and dogs as the most popular types, according to a survey released Tuesday. Despite the high pet ownership numbers, the survey by Apartments.com found that it may still be hard for renters to find a pet-friendly apartment. Nearly...

  • L.A. County office market improves as new leases edge out renewals

    L.A. County office market improves as new leases edge out renewals

    The office market in Los Angeles County is picking up, even in long-suffering downtown L.A., as businesses once chastened by the Great Recession are opening up their purse strings. A growing number of businesses are taking the plunge and moving their offices when their leases expire. New leases...

  • Rent prices in the Southland may be topping out

    Rent prices in the Southland may be topping out

    Rents in Southern California may be running out of room to climb. The growth in apartment rents has slowed noticeably this year, according to new figures out Wednesday, the latest sign that housing is becoming too expensive for many Angelenos. The average price for an apartment in Los Angeles County...

  • In New York City, renters howl in anger as board rejects rent freeze

    In New York City, renters howl in anger as board rejects rent freeze

    The panel that determines how much landlords can raise costs of the city's 1 million rent-stabilized apartments approved a historic low increase of 1% for the next fiscal year, but in a raucous meeting Monday, it did not give tenants the rent freeze they demanded. The nine-member panel, which is...

  • New York rent hearings grow rancorous with freeze under consideration

    New York rent hearings grow rancorous with freeze under consideration

    Hisses filtered through the crowd as Loren Renz lamented the harsh winter's impact on her brownstone near Central Park, a building she bought 35 years ago. She had spent more than $50,000 since January fixing problems related to months of icy weather, Renz told the Rent Guidelines Board, which...

  • Downtown condo shortage shuts out buyers

    Downtown condo shortage shuts out buyers

    Prices surge as a dearth of new construction keeps inventory tight.

  • Airbnb uses FIFA World Cup to bring sharing economy to Brazil

    Airbnb uses FIFA World Cup to bring sharing economy to Brazil

    As online room-sharing service Airbnb Inc. battles authorities in the U.S., the company is using the upcoming FIFA World Cup to slide relatively comfortably into one of the world's major markets. In Brazil, which hosts the monthlong, internationally renowned soccer tournament starting Thursday,...

  • Landlords expect rents will keep going up in Southern California

    Landlords expect rents will keep going up in Southern California

    Rents are going to keep rising, say the people who own the buildings. Nearly 78% of Southern California apartment building owners say they plan to hike rents in the next 12 months, according to a new survey from real estate brokerage firm Marcus & Millichap. About 22% plan to increase rents by...

  • Buying a condo near a college

    Buying a condo near a college

    Buying a condo for your child near his or her college is often a sound investment. Giving your offspring a place to live eliminates the cost of rent. And if the condo is large enough — say, two or three bedrooms — the extra rooms can be rented to other students to help defray the cost of ownership....

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