RSS FeedsMedian home prices fell in two-thirds of the cities surveyed during the first three months of this year, a real estate trade group reported Tuesday.
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Falling house prices account for much of the builder's losses and will continue to dog the company for the rest of the year, its CEO says. >>
Pooches can accompany their owners into stores, get massages, scarf down treats or take in a canine fashion show at the outdoor mall. >>
The plan gains support as pressure mounts on both political parties. >>
The president says the measures under consideration in Congress will benefit speculators and lenders. >>
The big L.A. landlord, which owns many downtown office buildings, is the object of a power struggle. >>
Forget staging -- the latest weapon in the savvy seller's arsenal is the home manager. It's a sweet deal for both sides: Owners get occupants who'll maintain that lived-in look and tenants get an upsc >>
NATION'S HOUSING
New policies change the ground rules for cash-out refinancings, investment properties and vacation homes. >>
Despite the high penalty costs, cancellations are derailing about a third of transactions. >>
There's good news and bad news for those desperately wanting the housing market to get well. >>
The organization that hands out the Grammy awards will double its office space and remain in Santa Monica. >>
HOUSING
Homeowners who owe more than their property is worth are offered new terms. >>
REAL ESTATE
The $750-million upgrade will include four 14-story office buildings. >>
The February drop is one of the sharpest in the nation, an index shows. >>
The $3-billion effort has had difficulty obtaining construction financing amid the real estate downturn. The projected finish date for its first phase is now 2012. >>
A bill aimed at putting the brakes on home foreclosures in California was approved Monday by the state Senate, ending a months-long partisan stalemate. >>
The city has little to show for the millions of dollars paid to a developer for the Santa Barbara Plaza project in the Crenshaw district. >>
The recent phenomenon has been greeted by some with jeers, but agents say it's an opportunity for prospective buyers. >>
REAL ESTATE
It's a buyers' market in a getaway area east of L.A. Areas such as Lake Arrowhead are rebounding from 2007 wildfires. >>
THE MORTGAGE MELTDOWN
The number rises to 47,171 in the first quarter, more than four times as many as a year earlier. >>
Nearly 3 in 10 people say they are concerned their home's value will decline over the next two years. >>
Pending sales of previously owned homes fell a more-than-expected 1.9% in February to the lowest level on record, according to a report from a real estate trade group Tuesday that pointed to more troubles in the beleaguered housing market. >>
There are 600 million-dollar properties built since 2004 on the market -- and many of them are considered outdated. >>
REAL ESTATE
Coastal bargains are to be had amid the housing downturn, but the properties are holding their value better than homes inland. >>
Perini Corp.'s deal this week to acquire affiliated construction outfit Tutor-Saliba Corp. for $862 million in stock is winning kudos on Wall Street even as controversy continues to swirl around a high-profile Tutor project: the new Los Angeles police headquarters. >>
The average asking rent for U.S. apartments rose 1% in the first three months of 2008, the 24th consecutive quarterly gain, as the U.S. housing slump deterred people from buying homes, according to real estate research firm Reis Inc. >>
A Beverly Hills building rented out mainly to high-profile plastic surgeons is sold for nearly $55 million. >>
Developer Rick Caruso will unveil the Americana at Brand retail-residential project next month. >>
COMPENSATION
A senator calls the payments to Angelo Mozilo and David Sambol 'perverse.' >>
The Southland real estate investment giant says it hasn't received a viable bid. Its shares drop 16%. >>
The pace of new-home sales in February is the slowest since 1995. Factory orders for durable goods also decline. >>
REAL ESTATE
Builders and retailers address concerns that expanded malls will increase traffic and density. >>
That's the peak -- so far. Those who can handle a sky-high price like the proximity to stars that it buys them. >>
Selecting a name for a business district sparks emotional debate and tests the mettle of a young councilwoman. >>
Owners benefit, but already cash-strapped governments will see less-than-expected revenue. >>
To some in Boyle Heights, a work made of tiles proposed for the Hollenbeck police station contains too many Latino stereotypes. >>
LENDING
Loan checkers say their warnings of risk were met with indifference >>
After record losses in property investment, some see buying opportunities. >>
The residential boom many expected in an area with 'rough edges' didn't happen. Now, condo prices are skidding. >>
The transformation of office buildings into residential addresses fuels a resurgence of L.A.'s storied boulevard. >>
As the economy takes a toll on plans, observers focus their concern on two mega-projects: Grand Avenue and Park Fifth. >>
MORTGAGES
Defaults are climbing among option ARMs. Many require minimal monthly payments and no proof of income. >>
Plan calls for 1.25% levy on all residential and commercial property policies. Foes say it is a tax. >>
Tax revenue is down considerably across the nation, creating budget shortfalls and forcing hard choices on what to cut. >>
Vietnamese Americans are lured to the Texas city by cheap real estate, a lower cost of living and a burgeoning cultural enclave. >>
The suicidal killer, Robert Hawkins, stole his stepfather's rifle. The killing was over before police could arrive on the scene. >>
THE ECONOMY
The White House's move to deal with the growing foreclosure rate comes amid concerns about the '08 elections. >>
REAL ESTATE
The median last month was $444,000, down 8% from a year earlier. >>
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