Searching for solutions to SoCal's housing crisis, YIMBYs say 'yes' to development
A backlash against high rents and home prices in Los Angeles has produced a movement that is so open to new development that many call themselves YIMBYs — as in “Yes in My Backyard."
Josie Huang
Will development ban affect Redondo Beach market for years to come?
One of the moratorium’s biggest proponents says the housing crisis is a “myth”
Gregory Cornfield
USC Lusk Center Names Two Successors To Chairman Ross
Household Credit and Local Economic Uncertainty (USC Lusk), Rated: A
Expert Says Retail’s Problems Are More Than Just E-Commerce
Julie Littman
E-commerce is often blamed for retail’s downward spiral, but socioeconomic factors also are impacting consumer spending and retailers’ bottom lines. Income inequality, marital status and millennials are changing spending patterns in the U.S. and not necessarily in a good way.
Home prices in parts of Southern California are at record highs — and keep rising
Andrew Khouri and Liam Dillon
In many corners of Southern California, home prices have hit record highs. And they keep going up.
In Los Angeles County, the median price in June jumped 7.4% from a year earlier to $569,000, surpassing the previous record set in May. In Orange County, the median was up 6.1% from 2016 and tied a record reached the previous month at $695,000.
Home prices in parts of Southern California are at record highs — and keep rising
Andrew Khouri and Liam Dillon
In many corners of Southern California, home prices have hit record highs. And they keep going up.
In Los Angeles County, the median price in June jumped 7.4% from a year earlier to $569,000, surpassing the previous record set in May. In Orange County, the median was up 6.1% from 2016 and tied a record reached the previous month at $695,000.
Who are SoCal’s all-cash buyers? It’s not who you think
There are more wealthy parents buying homes for their kids than there are foreign investors: report
Subrina Hudson
A whopping 20 percent of Southern California homes are paid for fully in cash. It’s easy to jump to conclusions about what that means. Namely, that it’s foreign money.
But it turns out, most cash buyers in Southern California are rich parents and people in the tech industry, KPCC reported.
Who’s making all-cash offers on houses in LA?
Last month, cash purchases made up 20 percent of all real estate transactions
Bianca Barragan
As sales prices for Los Angeles homes continue their solid recovery from the recession, the profile of all-cash homebuyers has changed.
#SoCalSoCurious: Who are the cash buyers in SoCal real estate?
So Cal So Curious, when we answer your questions about how things work in Southern California - and why
Leo Duran
"There was one townhome that we found here in Pasadena that we just loved," she says.
It had a fireplace, an outdoor space for a dog.