Highlights
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Europe worries stalk Wall Street; Dow loses 161
Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark U.S. bond hit its lowest point since World War II. In the United States, where concerns about...
Tags: Politics, Realty, Real Estate Sellers, David Kelly, Federal Reserve
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U.S. home prices fall 2.6% in March, S&P/Case-Shiller index shows
Home prices ended the first quarter at their lowest point since the U.S. housing crisis began, a closely followed index of home values showed, but analysts found indications of growing stability in the turbulent housing market.
Home prices in 20 major...Tags: Homes, Services and Shopping, Financial and Business Services, Land Price, Religion and Belief
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Kaiser buys South Los Angeles site for new medical facility
A long-awaited redevelopment project known as Marlton Square in South Los Angeles is set to move forward with the sale of a large portion of the site to Kaiser Permanente. Kaiser, the nation's largest nonprofit health plan and hospital system, plans to...
Tags: Los Angeles Hotels, Personal Service, Financially Distressed Companies, Services and Shopping, Bankruptcy
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Investors hold breath for run on Spanish banks, but no lines yet
World NowInvestors are holding their breath for a run on Spanish banks, as depositors quietly worry whether their money is safe. Electronic transactions are up slightly, with money flowing from smaller Spanish banks to larger ones, and even to accounts outside the... -
In Spain, investors watch for run on banks
MADRID — Spaniards laze at sidewalk cafes on a street dotted with banks. The biggest bank bailout in Spanish history doesn't seem to have affected this weekend crowd: There are no lines of people trying to take out their money.
But if Europe's debt...Tags: Big 3 Auto Bailout (2008), Realty, Services and Shopping, Spain, Memorial Day
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Men's swimsuits: Bye-bye, baggy
Special to the Los Angeles TimesOn a recent episode of Bravo's "Million Dollar Listing," one of the real estate agent cast members went shopping for a swimsuit to wear on a celebratory jaunt to the Hamptons. The price for the fancifully printed swim trunks at the exclusive...Tags: Neil Barrett, Daniel Craig, Givenchy, Services and Shopping, Balenciaga
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Bank of America, Barclays sell Archstone stake
NEW YORK — Bank of America Corp. and Barclays Bank are selling their 26.5% stake in apartment building owner Archstone to Lehman Bros. Holdings Inc.'s bankruptcy estate for $1.58 billion.
The transaction disclosed Friday will give Lehman's estate...Tags: Companies and Corporations, Equity Residential, Lehman Brothers Holdings Inc., Financially Distressed Companies, Services and Shopping
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California is a Romney home state too
LA JOLLA — David and Cristina Sear were walking their Doberman pinschers in this seaside neighborhood when a big U-Haul truck pulled up around the corner from the $12-million beachfront home Mitt and Ann Romney had just bought. The driver could not...
Tags: Robin Abcarian, Holidays, Regional Authority, Personal Service, Services and Shopping
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Celebrity sellers have little effect on home prices
Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn't pull in the cash.
Actors Goldie Hawn and Kurt...Tags: O.J. Simpson, Goldie Hawn, Personal Service, Science and Technology, Services and Shopping
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Zillow: 31.4% of U.S. homeowners are underwater on mortgages
Nearly 16 million homeowners – not quite a third of people with mortgages – owe more on their home loans than their properties are worth, according to real estate site Zillow. Of all homeowners in the U.S., 31.4% were underwater in the...
Tags: Mortgages, Services and Shopping
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More green shoots in housing market
WASHINGTON -- More green shoots are appearing in the nation's long-dormant housing market. Sales of new homes rose 3.3% in April from March to a seasonally adjusted annual pace of 343,000, the Commerce Department reported Wednesday. That was slightly...
Tags: Homes, Consumer Confidence, Services and Shopping, Real Estate Sales, Land Price
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Negative equity remains a drag on housing market
Even as a tentative housing recovery in the Southland appears underway, a big stumbling block remains: the vast number of underwater homeowners.
Nearly 1 in 3 homeowners with a mortgage in Los Angeles County owes more on the loan than the property is...Tags: Homes, Mortgages, Consumer Confidence, Real Estate Sellers, Services and Shopping
May 30, 2012
|Story| AP Member Choice Complete
May 29, 2012
|Story| Los Angeles Times
May 28, 2012
|Story| Los Angeles Times
May 26, 2012
| Los Angeles Times
May 27, 2012
|Story| Los Angeles Times
May 27, 2012
|Story| Los Angeles Times
May 25, 2012
|Story| AP Member Choice Complete
May 27, 2012
|Story| Los Angeles Times
May 19, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
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