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Source: Los Angeles Times Real Estate News
Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week. In the market for new digs? We learned Friday that the SoCal median home price dipped slightly... [...]
Mon, Apr 29, 2019 12:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The Southern California median home price dipped slightly in March from a year earlier, the first annual decrease since 2012 and a sign of a remarkable downshift from the once-sizzling regional housing market. The 0.1% drop, reported Friday by CoreLogic, means prices for the six-county region were... [...]
Fri, Apr 26, 2019 8:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
It’s hard to overstate the opulence showcased in developer Bruce Makowsky’s $150-million spec house, dubbed “Billionaire.” Perched above Bel Air, the four-story mansion offers a world of pure imagination within its walls. Jockeying for attention across 38,000 square feet are 12 bedrooms, 21 bathrooms,... [...]
Fri, Apr 26, 2019 11:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage-rate spike last year that caused homebuying to slump. The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual... [...]
Tue, Apr 23, 2019 2:30:00 PM, Continue reading at the source