Los Angeles|News|
Home Sales Continue Rising Across CA, Prices Down In SoCal
Statewide sales figures reached the highest level since February, the state realtors association said in its latest report.

Statewide sales figures reached the highest level since February, the state realtors association said in its latest report.

Home sales experienced a decline in the Los Angeles County last month, according to the latest data from the realtors association.

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Some of the most competitive apartment rental markets nationwide are in California as more families are priced out of single family homes.
Statewide, median home price dropped from January to February.
Soaring rents and whisper networks abound as families seek a place to put their lives back together, according to reports.
Property owners can receive temporary tax relief if their homes or buildings were damaged by extreme windstorms or destructive fires.
The number of sales in the six-county region was down 5.9 percent year-over-year, according to CoreLogic.
Seven of the 10 metro areas with the lowest turnover rate nationally are in California, according to the real estate website.
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Six of the ten metropolitan areas with the lowest millennial homeownership rates nationwide are in California, according to Apartment List.
Home prices could soften further in coming months while still registering moderate annual growth for the rest of the year, experts said.
One SoCal city recently joined the trillion-dollar club, and another will likely join the club within a year.
June's sales were down while the statewide median home price dipped after setting record highs during the past two previous months.
The median home price in California crossed a new threshold as the housing market rebounded this spring.
Though sales are slowing property values continue to soar with the 14th consecutive year of growth.
The spike in prices starts the year on a more bullish note than many housing forecasters expected for 2024.
The Cecil Hotel, a downtown Los Angeles landmark with a troubled past riddled with deaths and tales of violence, has been put up for sale.
Home prices are expected to keep dropping for much of Southern California over the coming year, the Los Angeles Times reported.
The feds interest rate hikes kept October home sales flat across Southern California.
The multilingual online housing search and application system is intended to help individuals find affordable housing in the city.
Southern California dominates a new list of the 100 most expensive real estate markets in the country with 38 uber-expensive ZIP codes.
LA County had the most ZIP codes of any region in a new ranking of the most expensive real estate markets in the country.
Boxing legend Manny Pacquiao, who’s now a politician in his native Philippines, has sold his Mediterranean-style LA home for $2 million.
The tenant, who has not paid rent in over a year, wants $100,000 to move out, according to the Los Angeles Times.
Los Angeles County's median single-family home price in Auguest was $882,020, and Orange County's was $1.31 million.
The million-dollar median is not uncommon in California and has already been surpassed by San Francisco, San Jose and Santa Cruz.
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