In the News

Expert Explains Why Low Unemployment Numbers Means Higher Home Prices

Sharon Reardon, KABC News

The high cost of buying a home isn’t going down anytime soon in Southern California. The cost of a typical home in the San Fernando Valley is now at $700K, shattering previous records. The median price of a home in Orange County is $785K and $580 in Los Angeles County.

For many, the great American dream of home ownership is just that….a dream.

Could Industrial Real Estate Get Caught in Trade War Crossfire?

Logistics Owners, Brokers and Analysts See Little Risk Now from Trump's Posturing on China, But Some Worry About a Full-Scale Trade War's Effect on the Market and Economy

Jacquelyn Ryan

Larry Callahan heads one of the largest developers of industrial real estate in the Southeast, with projects located from Tennessee to Florida.

Hope for California’s Housing Crisis?

Golden State residents and analysts weigh in on the issue of supply and demand.

Kareri Wozny

LOS ANGELES -- Ellen Tara James-Penney is passionate about her job. An adjunct English professor at San Jose State University since 2014, she enjoys challenging her students to think outside the box. They have dubbed her "Professor E" and enjoy her style of teaching.

Connect LA: Is the Market Headed for a Recession?

Connect Real Estate Los Angeles featured a jam-packed afternoon of conversations, networking and presentations. More than 500 gathered at the Hotel Indigo in DTLA and heard from commercial real estate leaders and economists about the trends driving decisions in Los Angeles.

Santa Ana considers rent control as housing costs rise

Jill Replogle

Santa Ana is looking at whether to become the first city in Orange County to implement rent control on apartments and houses. The city council is scheduled to start the discussion Tuesday night with a presentation from experts on the issue.

Some community groups have been pushing the city to put the breaks on rising rents that they say are making Santa Ana unaffordable for many long-term residents. Landlords say the real issue is the housing shortage.  

Green appointed to LA County’s Tenant Protections Working Group

By Cristy Lytal

When the Los Angeles County Board of Supervisors asked Professor Richard K. Green to join its Tenant Protections Working Group, he was ready to be of service.

Nearly all CA cities fail to build enough homes to meet demand

The podcast can be found here.

California requires every community in the state to build a certain number of housing units every year to keep up with demand. But nearly all of the state's cities and counties fell short, according to the California Department of Housing and Community Development.

Owning a home may not be in the cards for many millennials

Fewer are buying, and what they’re looking for is different from previous generations (goodbye, living room); they’re moving less, too

Joanna Clay

In the mid-20th century, it was a common expectation that just about every working 20-something could purchase a home.

That 20-something was likely male, married, making an average wage and wasn’t college-educated. He was probably the sole breadwinner.

Real Estate Outlook Is A Mixed Bag For 2018

Brandon Richardson

Real estate markets will have varied levels of success and some struggles in 2018, depending on property type, location and shifting demands, according to Richard Green, director of the USC Lusk Center for Real Estate.

To buy or not to buy? New tax law creates uncertainty for some homebuyers

Jeff Collins

Steve Jenner and his wife were planning to buy a home near the house they’re renting in Dana Point, where properties typically sell in the $1.2 million to $1.5 million range.

But in December, just as Congress was voting to pass a new tax law limiting real estate-related deductions, the Jenners backed out and renewed their lease instead. They may not be able to afford to buy a home under the new tax law, Jenner said.