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Regional News: Column: Suburban sprawl wins again in the battle against California’s housing crisis

Posted by   /  February 3, 2020  /  Real Estate, Regional News  /  No Comments

An aerial view of homes in California Sen. Bob Hertzberg’s 18th District in Granada Hills, Calif., in May./Brian van der Brug / Los Angeles Times  By George Skeltom | LA Times It’s fitting that major legislation to fight urban sprawl by forcing denser housing was killed by lawmakers from Los Angeles County, the nation’s sprawl […]

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REGIONAL NEWS: Los Angeles rethinks taxis as Uber and Lyft dominate the streets

Posted by   /  January 13, 2020  /  Regional News, Transportation  /  No Comments

 Travelers wait for ride-sharing cars at a designated pickup area. /Aileen Son/The New York Times  By Susan Carpenter | The New York Times The cars flow into Los Angeles International Airport in an endless stream, and in this loosely organized chaos, for-hire vehicles self-segregate at a new pickup terminal, called LAX-it. On one side, fast-moving […]

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Beverly Hillbillies estate sells for less than initial asking price — still breaks record

Posted by   /  December 16, 2019  /  Real Estate  /  No Comments

Chartwell Estate. / Giltlin Properties / Forbes By Amy Dodson | Forbes Another record-breaking home sale has hit the books in California. The Los Angeles estate known as Chartwell has reportedly sold to Lachlan Murdoch, son of News Corp CEO and executive chairman Rupert Murdoch, as the Wall Street Journal reported earlier today. Lachlan Murdoch is co-chairman of News […]

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Los Angeles is spending over $1 billion to house the homeless. It’s failing [VIDEO]

Posted by   /  December 10, 2019  /  Real Estate  /  No Comments

Reason Reason More than 2,500 homeless individuals sleep on the streets of the 53-square-block Skid Row area in downtown Los Angeles. “Skid row is the worst manmade disaster in the United States. There’s human waste on the sidewalks. There’s all kinds of disease,” says Rev. Andy Bales, CEO of Skid Row’s Union Rescue Mission, the nation’s largest […]

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Los Angeles bans developers from making campaign donations

Posted by   /  December 9, 2019  /  Government and Politics  /  No Comments

Twitter In the midst of a housing crisis, L.A. politicians have decided to limit their own incentives to allow more housing construction. By Christian Britschgi | Reason In the midst of an affordable housing crisis, Los Angeles politicians have decided to reduce their own incentives to approve more development. On Wednesday, the city council voted unanimously to […]

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Homebuyer migration trends in Q1 2018

Posted by   /  May 31, 2018  /  Real Estate  /  No Comments

DS News In the first quarter of this year, residents of Denver and Seattle looked to Los Angeles as their new home, according to the latest Migration Report by Redfin. The report found that 20 percent of Denver residents and 12 percent of Seattle residents looked to Los Angeles. While movers from these cities cited a need to find […]

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Who killed the deal to sell your house? It was an inside job

Posted by   /  May 17, 2018  /  Real Estate  /  No Comments

By Katherine Clarke | Realtor.com It took weeks for Jade Mills to finger the perp. The real-estate agent had been showing a mansion in Los Angeles’s Benedict Canyon area for several months with no success. Priced at around $10 million, the Hamptons shingle-style property boasted seven bedrooms and a swimming pool with a spa. Prospective buyers […]

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Arizona, California mayors unite to tackle affordable housing, homelessness issues

Posted by   /  March 15, 2018  /  Real Estate, Regional News  /  No Comments

By Micah Bledsoe | Cronkite News Several mayors from across the country – including Los Angeles, Phoenix and Mesa – have joined a coalition to find solutions to the lack of affordable housing in their cities. Fourteen mayors and CEOs have joined the Mayors & CEOs for U.S. Housing Investment coalition. Part of their goal […]

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Redfin users looking to flee high-tax hubs

Posted by   /  February 8, 2018  /  Real Estate  /  No Comments

Based on home searches, San Francisco, New York and Los Angeles are places people want to leave. Builder People in expensive, high-tax coastal markets like San Francisco, New York and Los Angeles, searched for homes in more affordable metros with lower taxes like Sacramento, Phoenix, Las Vegas and Nashville, according to the latest Migration Report for the fourth quarter […]

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This is the tunnel Elon Musk is building to solve L.A. traffic woes

Posted by   /  October 31, 2017  /  Transportation  /  No Comments

By Brett Molina | USA TODAY Elon Musk shares first pic of futuristic underground L.A. tunnel When Elon Musk isn’t creating electric cars or scheming to send humans to Mars, the entrepreneur is attempting to cure Los Angeles of its traffic problems. On Twitter, Musk recently shared an image of a tunnel in L.A. from […]

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