Builders may fight 'impact fees' that fund municipal projects in California, Supreme Court rules
Los Angeles Times - Real Estate News
by David G. Savage
5d ago
The Supreme Court says home builders in California may challenge the fees commonly imposed by cities and counties to pay for new infrastructure ..read more
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All-cash offers, wealthy buyers push Southern California home prices to a record
Los Angeles Times - Real Estate News
by Andrew Khouri
1w ago
Southern California home prices have hit a record despite high interest rates, a reflection of a shortage of inventory and the region's wealth disparity ..read more
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Studio owners revise plans for $1-billion update of historic Television City
Los Angeles Times - Real Estate News
by Roger Vincent
2w ago
Owners of Television City scale back plans for a $1.25-billion upgrade of the legendary studio lot in response to neighbors' concerns ..read more
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Historic Sportsmen's Lodge hotel may be demolished for 520-unit apartment complex
Los Angeles Times - Real Estate News
by Jenna Peterson
2w ago
Proponents of the development in Studio City say it would bring much-needed affordable housing. Opponents say the developers have not sufficiently weighed the project's impacts and that it would erase an important piece of history ..read more
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Landlord Arnel Management illegally withheld security deposits, attorney general alleges
Los Angeles Times - Real Estate News
by Andrew Khouri
2w ago
Major Orange County landlord Arnel Management has agreed to pay more than $1 million to settle allegations it illegally withheld security deposits from its tenants ..read more
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The year of the 'mansion tax': Hundreds of millions raised, but a chill to L.A.'s luxury market
Los Angeles Times - Real Estate News
by Jack Flemming
2w ago
The "mansion tax" has raised roughly $215 million in its first year. Advocates say the tax helps address L.A.'s housing crisis, but critics claim it has frozen the real estate market ..read more
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Need help with missed mortgage payments in California? Apply soon: Money is running out
Los Angeles Times - Real Estate News
by Jon Healey
3w ago
California officials say they expect the mortgage relief program for homeowners suffering pandemic-related financial hardships will soon exhaust its federal funding ..read more
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L.A. County settles PACE loan lawsuits; affected homeowners to receive millions
Los Angeles Times - Real Estate News
by Andrew Khouri
3w ago
Under a $12-million settlement, L.A. County agreed to resolve allegations its PACE lending program saddled borrowers with loans they couldn't afford ..read more
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Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County
Los Angeles Times - Real Estate News
by Rebecca Ellis
1M ago
The ordinance, five years in the making, would prohibit hosts to list second homes, accessory dwelling units or investment properties in unincorporated L.A. County ..read more
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Realtor rules just changed dramatically. Here's what buyers and sellers can expect
Los Angeles Times - Real Estate News
by Jack Flemming
1M ago
A landmark agreement is going to shake up how real estate deals are done. Here's how the new rules will affect sellers, buyers and brokers ..read more
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