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Los Angeles Area Real Estate News

Homeowners' equity is again on the rise after three years of unprecedented shrinkage

Homeowners' equity is again on the rise after three years of unprecedented shrinkage

With all the bad news about underwater homeowners and strategic walkaways, you might think that U.S. homeowners' equity holdings are...

How to avoid common tax errors made by new homeowners

How to avoid common tax errors made by new homeowners

No one is perfect, especially when it comes to filing a federal income tax return. And with first-timers accounting for the majority of home...

China, worried about a real estate bubble, moves to restrain bank lending

China, worried about a real estate bubble, moves to restrain bank lending

Amid growing fears of a real estate bubble, Chinese officials moved Friday to restrain bank lending and put a lid on incipient inflation,...

Home resales improved in fourth quarter of 2009

Home resales improved in fourth quarter of 2009

Prices and sales of previously occupied U.S. homes improved during the last three months of last year as low interest rates and a federal...

30-year fixed mortgages dip below 5% again

Average interest rates for traditional 30-year fixed mortgages have fallen below 5% again, Freddie Mac said Thursday.

Earth, wind and wire: Going beyond solar panels

Earth, wind and wire: Going beyond solar panels

Not long ago, people who wanted to generate their own green energy at home had to content themselves with rooftop solar panels.

Sleek, eco-conscious reinvention

Sleek, eco-conscious reinvention

A rebuilt Westside home inspired by Rudolph Schindler and infused with an Icelandic sensibility has come on the market for the first time.

'Cash-in' refis growing in popularity

Thinking of cashing out some equity when you refinance your mortgage? Sure, that used to be what millions of homeowners did when they needed...

Sitcom star Joely Fisher has sold her Encino compound

Sitcom star Joely Fisher has sold her Encino compound

Sitcom star Joely Fisher has sold her Encino compound for $2.4 million. The four-bedroom, seven-bathroom contemporary had been on and...

Million-dollar homes in California suffer further sales drop in 2009

Million-dollar homes in California suffer further sales drop in 2009

Sales of California homes priced at $1 million or more tumbled for a fourth consecutive year in 2009, according to a report released...

CB Richard Ellis swings to a profit

CB Richard Ellis swings to a profit

Led by an economic rebound in Asia, the world's largest brokerage of office buildings, warehouses and other business properties surprised...

Jeremy Renner, Kristoffer Winters' Hollywood Hills area home sells for more than $4 million

Jeremy Renner, Kristoffer Winters' Hollywood Hills area home sells for more than $4 million

No bomb here. Actors Jeremy Renner, who played the leader of an explosives disposal unit in the critically acclaimed film "The...

On high ground in Montecito

On high ground in Montecito

The Mediterranean-style Montecito villa once shared by Oscar-winning actor Michael Douglas and former wife Diandra de Morrell Douglas is...

FHA revises 'anti-flipping' rule

Call it three birds with one stone: The federal government hopes simultaneously to help low-down-payment home buyers, investors who fix up...

Get ahead of the slow-moving loan-mod train

If you're a homeowner who was laid off recently, if you even think there's a chance your job might be eliminated, or if you are still...

Owners feel left in the dark on use of reserves for legal bills

Question: Our association financial records were not provided to titleholders for more than five years. I tried to get the financial...

New rule affects homeowners in foreclosure avoidance program

New rule affects homeowners in foreclosure avoidance program

Taking borrowers at their word for how much they earn was a major cause of the mortgage meltdown. That practice may also be why an Obama...

California mortgage defaults drop 24.3%

California mortgage defaults drop 24.3%

The Obama administration's $75-billion program to help troubled borrowers hold on to their homes appears to be keeping more California...

U.S. home resales drop almost 17% in December

U.S. home resales drop almost 17% in December

Sales of previously owned homes nationwide plunged steeply in December, raising concerns that the housing recovery could lose steam after...

'The Hangover' star Bradley Cooper has a new place to hang

'The Hangover' star Bradley Cooper has a new place to hang

Bradley Cooper, who starred in the Golden Globe-winning movie "The Hangover," has a new hangout -- a town house in the 35-unit...

A bit of the Old South in Newport

A bit of the Old South in Newport

After spending 20 years of decorating huge multimillion-dollar homes, interior designer Ann Fraser decided it was time to apply her design...

IRS finally publishes rules for $6,500 repeat home buyer tax credit

If you've been holding back on the new $6,500 federal tax credit for repeat home purchases, you now have all the official IRS guidance you'...

Forecast says home values won't regain bubble heights for at least a decade

Forecast says home values won't regain bubble heights for at least a decade

Many people would like to know when the housing market is going to hit bottom. But those who plan to stay put don't care as much about the...

Home of the Week update

Home of the Week update

A queen and her realm

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