Latest From This Author
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Southern California home sales have risen sharply since the spring lockdown orders, but sales are still below year-ago levels.
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Black Americans struggled with unaffordable housing before the coronavirus crisis and now face heightened risk of homelessness as the economy turns.
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Consumer groups are raising concern over a potential foreclosure wave tied to PACE home improvement loans.
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Under coronavirus lockdown, Southern California home sales fell 45% in May from a year earlier, but the median price rose 2.7%, data firm says.
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Apartment rents in the Los Angeles area are starting to decline as the economy slows because of the coronavirus outbreak.
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A state agency barred Eco Technology of Encino from offering PACE loans, alleging the contractor had fraudulently signed homeowners up for the financing.
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Los Angeles County has ended a loan program that funded energy- and water-efficient home improvements following years of complaints from homeowners.
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Many homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over.
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As the economy has cratered, mortgage lenders tightened standards for people who are still interested in buying or refinancing a home.
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Mortgage companies are letting home owners with coronavirus-related financial hardships delay payments, but the process is confusing
