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.
Is winter coming for Southern California’s housing market? Sales are falling and price cuts are more common
By Andrew Khouri
A chill is settling over the once white-hot Southern California housing market.
Listings are up. Sales are falling. Price reductions are becoming more common.
‘Yes’ and ‘No’ on 10 campaigns warn affordable housing is at stake
By Anabel Munoz
Yes and No on Prop 10 ads are looking to sway voters - and both warn affordable housing is at stake.
At a rally in downtown Los Angeles Wednesday morning, a coalition of supporters made a case for a "Yes" vote.
Rent control initiative a key issue
Proposition 10 would allow cities to cap prices
By Ian Bradley
California realtors say Proposition 5 would ‘unlock the housing market,’ freeing up more inventory. Experts don’t agree
By Andrew Khouri
In a state with a persistent housing shortage, some believe older homeowners could provide some relief.
Realtors say Proposition 5 would ‘unlock the housing market,’ freeing up more inventory. Experts don’t agree
By Andrew Khouri
In a state with a persistent housing shortage, some believe older homeowners could provide some relief.
Amid a ‘rent-burden crisis,’ will tenants vote yes on Prop. 10, expanding rent control?
By Jeff Collins
With a major rent control vote just 2½ weeks away, financially strapped Southern California renters face continued rent hikes into the foreseeable future, a new forecast shows. The region, said one expert, is in the grip of a “rent-burden crisis.”
SoCal Rents Expected to Rise Significantly by 2020
By Carrie Rossenfeld