Existing-home prices slide in most metropolitan areas

Prices of existing homes fell in 80% of the nation's metropolitan markets in the third quarter as distressed sales -- foreclosures and short...

Survey shows 5 percent of Americans plan to buy a home in the next year, most of them young

NEW YORK — Just one in twenty Americans say they plan to buy a home within the next year, and they're most likely to be 34 years old...

Two builders are getting back into housing business

Two prominent Southern California residential builders plan to jump back into the housing business by making loans for land acquisition...

Newlywed Laker selling Manhattan Beach digs

Los Angeles Lakers forward Lamar Odom has listed his Manhattan Beach home for $2,399,000.

You may qualify for a home-buyer tax credit

Millions of additional people may be able to take advantage of the new and improved first-time home-buyer tax credit now, and it's not...

A historic Tudor Revival in Glendale

At first glance, the tall, steeply pitched roof of this historic Glendale house gives the illusion that the Tudor Revival-style home is a...

New HUD rules aim to get rid of closing cost surprises

Remember the bad old days of 11th-hour mortgage cost shocks and mystery junk-fee charges? Remember when the "good-faith estimates" your...

Facing foreclosure? Here's what you can do

For most of the growing legion of financially stretched families in danger of losing their homes, there is help available -- as long as they...

Septic tanks on their way out in Malibu

The great sewer wars of Malibu have finally drawn to a close. Sewers won.

L.A.-area real estate agents are holding open mansions

For Florence Mattar, each open house has a routine. She drives around the neighborhood placing signs, brings in fresh flowers, stocks the...

Commercial property market to hit bottom in 2010, report says

After spending more than a year in suspended animation, the commercial real estate industry is expected to hit bottom in 2010 with a...

Senate extends home-buyer tax credit and jobless aid

Reporting from Los Angeles and Washington Alejandro Lazo -- Moving to shore up a still shaky economic recovery, the Senate unanimously...

Federal Reserve sees interest rates staying low

The Federal Reserve said Wednesday that it was holding short-term interest rates at near zero and would probably make no change in the...

Real estate company's pitch leads to unexpected bill

Maria Casanova, an assistant professor of economics at UCLA, toyed with the idea earlier this year of buying a foreclosed property near...

Home equity loan market remains very tight

Traditional 30-year mortgages these days are unusually affordable by historical standards, but if you're looking for a home equity line of...

English Country by the ocean

Looking back, the challenges San Diego architect David Lorimer faced when designing this English Country home in La Jolla's renowned...

Home valuation code could soon undergo major revamp

Could the controversial appraisal system imposed nationwide by mortgage giants Fannie Mae and Freddie Mac in May -- and now tied to...