Michael C. Hall

Hot Property: Fast times in the realty market

If we had to pick a single word other than "hot" to describe the Southern California housing market, we'd have to go with "active." Sellers and buyers are in hurry-up mode, homes are moving quickly and the urgency in the real estate marketplace is fueling full-price offers and overbidding.

Here's a sampling of this week's realty news that supports our semantic selection.

Neal J. Leitereg and Lauren Beale

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Multimillion-dollar turnaround