Source: Los Angeles Times Real Estate News
Construction of new homes in the United States climbed 13.7% in October, the biggest jump in a year, as builders broke ground on more apartments and single-family houses. But the increase wasn’t spread nationwide: Construction declined in the West. The Commerce Department said Friday that the monthly... [...]
Fri, Nov 17, 2017 3:45:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Following an exhausting Van Halen world tour in 1995, musician Sammy Hagar wanted nothing more than to spend a week relaxing in Hawaii. One week turned into two, two turned into a month and soon, the Red Rocker started looking for a home to buy. His wish list was long: [...]
Sat, Nov 11, 2017 2:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Question: Would San Diegans, on balance, benefit from the proposed federal income tax changes? Phil Blair, Manpower NO. As the legislation currently stands San Diegans and all Californians will lose their higher mortgage deductions, which are a result of our much higher cost of housing and deductions... [...]
Fri, Nov 10, 2017 2:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A gated enclave spanning 30 acres in El Segundo where secret aerospace work has been going on for decades will be opened up to laid-back techies and other creative types in a $100-million makeover. Los Angeles real estate developer Hackman Capital Partners — which last month landed a large Amazon... [...]
Thu, Nov 09, 2017 11:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Homes in Trevi Hills are not cheap, but at least you can get a boatload of wine out of the deal. Buyers in the 800-acre Lakeside development are part of a new real estate experiment in which they can set aside part of their one-to-two-acre property to produce wine. Because [...]
Mon, Nov 06, 2017 9:05:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
In a state whose history boasts many outsized characters, Elias Jackson "Lucky" Baldwin still stands out as one of the most colorful Californians of all time. Baldwin came out west during the Gold Rush and quickly earned the nickname “Lucky” by making a fortune in San Francisco real estate and... [...]
Fri, Nov 03, 2017 1:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Temperatures may finally be cooling off across Los Angeles, but the same can’t be said for the housing market. Following a record-breaking quarter that saw median sales prices in L.A. County hit a decade high, and the average days on market near a decade low, real estate markets, particularly on... [...]
Fri, Nov 03, 2017 1:15:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
At about $750,000, homes for sale in Chatsworth, Mount Washington and San Gabriel range from cozy post-and-beams to renovated English cottages. Here’s a larger look at the three housing markets. CHATSWORTH: A flat-topped mansard roof and arched window awnings are among distinguishing features of... [...]
Fri, Nov 03, 2017 12:45:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The Republican tax plan released Thursday seeks to dramatically rewrite rules that have shaped the housing market for decades, potentially dealing a blow to California, where a shortage of housing has led to some of the highest home prices in the nation. Under current law, homeowners can deduct... [...]
Fri, Nov 03, 2017 12:50:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A tax plan introduced by House Republicans on Thursday could have a bigger impact on affluent San Diego County homebuyers than in the rest of the nation. Why it matters: The plan would lower the annual mortgage interest deductions to newly issued loans totaling no more than $500,000, down from... [...]
Thu, Nov 02, 2017 8:50:00 PM, Continue reading at the source

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