Home construction rose at the fastest rate in 20 months in January, pushed up by a spike in apartment building. But construction of single-family homes declined, a sign that demand for housing remains weak.
The city controller’s office found the housing department failed to collect at least $48 million in fees, while leaving $10 million across 10 funds unspent over two years.
The Board of Supervisors say they want to address the growing homeless population in Los Angeles County by housing thousands of men and women over the next five years.
Are you struggling to make your mortgage payments and have a loan with Fannie Mae? A new help center is opening in Culver City that may help you avoid foreclosure.
The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle — cities outside of the states that have shouldered the worst of the housing downturn — seeing a sharp increase in foreclosure warnings.
The latest forecast from UCLA says Orange County — ground zero for the housing meltdown — may not fully recover until middle of the decade, but is already showing signs of life.
For millions of Southland homeowners facing foreclosure, the move by Bank of America could bring some short-term relief, but what happens from there is unclear.
A steep dip in the Southland housing market has forced Riverside to take drastic cost-cutting measures in order to compensate for the downturn.