Source: Los Angeles Times Real Estate News
Employees of Warner Music Group Inc. for the last several weeks have been toiling in the same red brick building where men who could have been their great-grandfathers put together shiny black automobiles. Their new workstations line the route of an assembly line built more than a century ago to... [...]
Sun, Apr 07, 2019 12:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Radha Arora, 60, is president of Rosewood Hotels & Resorts, a 10,000-employee luxury hotel chain with 26 properties in 15 countries. A Rosewood venture recently opened in Montecito: a seaside resort built by real estate magnate Rick Caruso, called Rosewood Miramar Beach. Rosewood plans to add 21... [...]
Sun, Mar 31, 2019 10:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Southern California home prices barely rose in February from a year earlier, as buyers continue to struggle with the high cost of housing, according to a report out Wednesday. The six-county region’s median price — the point where half the homes sold for more and half for less — increased [...]
Wed, Mar 27, 2019 7:05:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
It’s a wrap in the Pacific Palisades, where Dennis Quaid has sold his home for $5.9 million. That’s down about $600,000 from what the actor originally sought last summer. Built in 1929, the home has stayed in touch with its architectural roots, offering leaded glass windows, an ivy-draped façade... [...]
Sat, Mar 23, 2019 1:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Sales of existing homes in the U.S. soared 11.8% in February, aided by accelerating wages and falling mortgage rates that are improving affordability. The National Assn. of Realtors said Friday that existing homes sold at a seasonally adjusted annual rate of 5.51 million last month, a decisively... [...]
Fri, Mar 22, 2019 3:35:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
More than one-third of millennial buyers say it’s very important that their new home offer some way of generating income, according to Zillow. In Los Angeles, millennials are getting more creative as they try to grapple with the area’s high cost of living and squeeze more out of their investments,... [...]
Fri, Mar 22, 2019 12:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
A cannabis entrepreneur, a former motion picture studio head and a cosmetics executive are among the latest movers and shakers in L.A. County’s residential real estate market. Here’s a look at the priciest residential home sales that closed in February. $15.5 million — Rolling Hills Aaron Leon,... [...]
Fri, Mar 22, 2019 12:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Canada’s housing agency will spend up to $941.1 million over three years to take equity positions in homes bought by first-time buyers, part of a plan by Justin Trudeau’s government to make housing more affordable for the youngest voters. According to federal budget documents released Tuesday in... [...]
Wed, Mar 20, 2019 6:50:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Welcome to California Inc., the weekly newsletter of the L.A. Times Business section. I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week, which was marred by a plane crash and mass shooting. The admissions scandal is getting... [...]
Mon, Mar 18, 2019 12:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Our clocks have been adjusted, spring is almost here and the bulk of the winter rains are behind us. What’s also moving ahead besides time? Try the Southern California housing market. Luxury transactions abound, including sales by a veteran actor in Pacific Palisades and by the widow of a cigar-smoking... [...]
Sat, Mar 16, 2019 7:05:00 AM, Continue reading at the source

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