Real Estate in the News

REAL ESTATE - Los Angeles Times

2/21/2019 10:00:00 PM

The onetime Beverly Hills home of an old Hollywood star, a massive hilltop compound in the South Bay and an art collector’s estate in Bel-Air were among the priciest residential real estate sales in Los Angeles County in January. Here’s a closer look.

$29 million — Bel-Air

On Sarbonne Road, real...

2/21/2019 1:40:00 AM

U.S. home sales fell 1.2% in January to their slowest pace in more than three years as persistent affordability problems put a harsh chill on the real estate market.

The National Assn. of Realtors said Thursday that sales of existing homes declined 1.2% last month to a seasonally adjusted annual...

2/17/2019 9:00:00 PM

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.

Wall Street closed Friday on a high note amid renewed optimism about a trade deal with...

2/15/2019 10:00:00 PM

Allen Iverson’s former home, which he lost to foreclosure, has traded hands in Georgia for a dirt-cheap $725,000.

Wells Fargo & Co. took ownership of the estate in 2017 after suing the Hall of Famer for failing to make mortgage payments on the property, according to reports. Iverson paid $2.19...

2/14/2019 5:20:00 AM

High in the hills of Brentwood, a pristine Midcentury Modern home tied to Elon Musk is fresh on the market for $4.499 million.

The Tesla and SpaceX founder bought the 1950s home five years ago with his then-wife, actress Talulah Riley, for $3.695 million. But don’t call it Musk’s home, real estate...

2/8/2019 10:00:00 PM

Crystal Hefner’s hop into the real estate game seems to be going well. The former Playboy bunny and widow of Hugh Hefner has sold her modern home in Hollywood Hills West for $5 million.

The pair paid $4.995 million for the home in 2013 a few months after getting married. According to Crystal Hefner,...

2/7/2019 4:50:00 AM

A two-building office complex in the heart of Sorrento Mesa has been snatched up by Salt Lake City-based real estate investment firm Bridge Investment Group.

The group’s office fund Wednesday closed on the 97,316 square-foot Cornerstone Plaza for an undisclosed sum. The buildings, built in 1986,...

2/3/2019 9:00:00 PM

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.

Friday brought news that the labor market is feeling its oats. Employers shrugged off the...

2/1/2019 4:05:00 PM

Asked to name L.A.’s hottest housing markets with musicians, actors and sports stars, places like Beverly Hills, Malibu and West Hollywood immediately come to mind. This week’s roundup, however, includes several homes in the Encino area, and reminds us there is a lot going on in the Valley. Totally.

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1/30/2019 7:50:00 AM

San Diego County’s median home price ended the year at $550,000, one of its lowest points of 2018, real estate tracker CoreLogic reported Wednesday.

December’s price is reflective of reduced sales in the home market across the nation as rising mortgage rates at the end of the year kept buyers on...