By Roger Vincent, Los Angeles Times
The first step into a posh new apartment building near Marina del Rey in Los Angeles County, Calif., feels like a mistake. There’s no lobby — instead, the door opens to a lounge and kitchen. The idea is to encourage mingling, which is part of the appeal of a building where tenants have their own bedrooms but share common areas with people they don’t know.
By Rob Hayes
LOS ANGELES (KABC) -- Southern Californians may love their weather and beautiful scenery, but good luck buying your first home. A new study released by Bankrate.com shows Los Angeles is one of the worst metro areas for first-time homebuyers.
Apartment prices may have grown “about as high as the market can bear”
By Elijah Chiland
It’s not just home values leveling off in Los Angeles.
By Brandon Richardson, Senior Writer
Continued low interest rates are keeping residential and commercial real estate markets healthy, according to local experts and economists, who noted rates did not increase as expected last year. Sales and leasing activity is increasing across all property types. The exception is the single-family market, which has experienced decreasing sales and increasing inventory in recent months.
When it comes to creating a more affordable, livable Southern California, Trojans are rising to the challenge.
By Scott Collins
Every day, Scott Laurie ’96 adds another brick to his lifelong dream.
By Andrew Khouri
The housing market’s chill grew colder in December, as sales plunged across Southern California and home prices barely rose.
The number of closed deals fell 20.3% compared with a year earlier, hitting the lowest level for a December since the start of the Great Recession and marking the sharpest percentage drop since 2010, according to a report out Wednesday from CoreLogic.
By Gerome Lucas
The recessions during the 2000s are still fresh in the minds of real estate investors and those who lost their properties during the period. The US managed to recover, particularly the housing market, but the concerns are still there. Mansion Global cited that homeowners and property investors still prefer to remain cautious, resulting in the slowdown of the real estate market.
Factors like scarcity in the market, location and plot size insulate properties from market changes
By Alanna Schubach
Real estate investors and homeowners who were hard hit by the recession of the late 2000s—and those disappointed by the cooling of luxury markets around the world last year—naturally want to find that elusive investment that’s guaranteed to offer returns amid economic fluctuations.