Vacant, foreign-owned homes draw criticism in LA post-wildfires
Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find housing
by Lillian Dickerson Feb 10
Wildfires don't discriminate, but people do. Fight back with fairness
As real estate first responders, Dr. Lee Davenport writes, let us be mindful to fight fire with fairness and fair housing in mind
by Lee Davenport Jan 17
Move transfers 'fake leads' lawsuit to federal court
Move's counsel filed a Notice of Removal on Tuesday to move the class-action suit from state to federal court. The lawsuit claims Move knowingly sold unvetted and fraudulent leads to agents
by Marian McPherson Dec 10
Is Spelling Manor the next mansion to be hit by scammers?
Former Google CEO Eric Schmidt is reportedly interested in the $137.5M home, but the property can't be sold until a bizarre claim to the deed allegedly involving Donald Trump is resolved in court
by Lillian Dickerson Sep 30
Bank launches Spanish website in wake of redlining settlement
Washington Trust denied allegations leveled by the Justice Department last fall, but agreed to invest at least $9M to improve access to mortgage credit in minority neighborhoods
by Matt Carter May 30
Owners of Marilyn Monroe house sue LA over demolition
The lawsuit filed last week alleges that the city of LA took part in 'backroom machinations' in order to landmark a house that does not meet criteria for status as a historic cultural monument
by Lillian Dickerson May 13
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
Engel & Völkers adds 9 shops with SoCal partnership
Through the agreement with Dilbeck Real Estate, Dilbeck offices will adopt the E&V name and license partner Paul Benson will gain a new ownership stake, Inman has exclusively learned
Here's the story: Iconic 'Brady Bunch' home hits market for $5.5M
The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of TV history
by Lillian Dickerson May 26
New USC coach Lincoln Riley lands in $17.2M LA County mansion
Set to become the highest paid college football coach in the nation this season, Riley paid $2.4M below asking price for the Los Angeles County home in the city of Palos Verdes Estates
by Ben Verde Mar 14
It's cheaper to own a home than rent in 63% of markets
Less populous areas and counties located in the Midwest and South are more likely to have more affordable homebuying than renting options, according to a report from Attom Data Solutions
Corcoran Global Living adds 400 new associates across Southern California
With the added offices and personnel, the firm will boast a total of nearly 1,500 associates across 42 offices and annual combined sales of more than $6B
by Lillian Dickerson Dec 11
Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
US home affordability makes gains in second quarter
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States
by Lillian Dickerson Jun 24
Rental returns decreased in 59% of counties over the last year
The average annual gross rental yield thus far for 2020 is also down to 8.4% from an average yield of 8.6% in 2019
by Lillian Dickerson Mar 11