Housing Market

(credit: CBS)

SoCal Homeowners Should Brace For Possible Boost In Home Equity Payments

At the height of the housing bubble a decade ago, a home equity line of credit seemed like an answer to a prayer.


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Rise In Home Sales, Fewer Investors Forecast For 2015 Housing Market

Experts believe California’s housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out next year.


(credit: CBS)

Holmby Hills Mansion Sells For Record $102M

The price for the 50,000-square-foot home is the highest ever recorded in L.A. County. The buyer paid cash but has not been identified.

CBS2 / KCAL9–03/31/2014

(credit: CBS)

SoCal Home Sales Dip As Prices Continue To Rise Amid Low Inventory

The median sale price has risen on a year-over-year basis for 22 consecutive months.


(credit: CBS)

Gov’t Shutdown Could Bring OC Real Estate Market To Standstill

The government shutdown could bring the Orange County real estate market to a standstill.

CBS2 / KCAL9–10/04/2013

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Calif. July Home Sales Up 17 Percent Over June

Housing sales are booming in California as pent-up demand finds increased supply.

CBS2 / KCAL9–08/15/2013

(credit: CBS)

Woodland Hills Home Sold Complete With 1961 Nuclear Fallout Shelter

A house in Woodland Hills has been sold — complete with nuclear fallout shelter.


(credit: Tim Boyle/Getty Images)

Home Flipping Indicates Recovery Of Housing Market

The successful return of Home Flipping in California is indicative of the housing market’s recovery.


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Chad Rogers Gives Tips On Buying, Renting A Home In Today’s Housing Market

Real estate agent Chad Rogers stopped by KCAL9 Thursday to discuss the difference and explained why it may be cheaper to own a house in the current market!

CBS2 / KCAL9–10/04/2012

(credit: George Rose/Getty Images)

Report: Newport, Palisades Top List Of Most Expensive Housing Markets In U.S.

Newport Beach leads the list of the most expensive real estate markets in the United States for the second year in a row.

KNX 1070 NEWSRADIO–06/15/2011

(credit: AP)

Investors Allege Massive Fraud By Countrywide

A lawsuit alleges Countrywide Financial and two of its former executives misled institutional investors who bought mortgage-related investments that they claim were portrayed as low-risk.


(credit: CBS)

Reforms, Revived Housing Market May Help State Economy

New state government reforms and a revived housing market along the coast could put California’s economy on a strong footing when it finishes its long, slow slog through a sluggish recovery.


(credit: CBS)

Southern California Home Sales Drop 16 Percent

Home sales in Southern California last month fell 16 percent from a year earlier to reach their lowest September level in three years, a tracking firm said Tuesday.

CBS2 / KCAL9–10/19/2010

(AP Photo/Charlie Neibergall)

LA Real Estate Mogul Indicted For Fraud

A Southland investor faces five charges of wire fraud and creditors say he owes nearly $525 million after a series of real estate deals went sour


(Credit: ROBYN BECK/AFP/Getty Images)

Riverside County Among Tops In Foreclosures

Distressed properties continue to decimate the Inland Empire, with about 1 in 109 homes at some stage of foreclosure activity.