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Housing

housing market economy real estate recovery

‘The Worst Is Behind Us’? Home Prices Hit Bottom For 2011

New data shows that sales of existing homes fell to 4.8 million in May — their lowest level of the year so far.

KNX 1070 NEWSRADIO–06/21/2011

(credit: Joe Raedle/Getty Images)

Home Prices Plunge To 9-Year Low; More Declines Expected

A record number of foreclosures are forcing prices down, and they are expected to keep falling through this year.

KNX 1070 NEWSRADIO–05/31/2011

For sale sign. (credit: Getty Images)

Money 101: Housing Market Mojo

Two real estate experts help you to get a better handle on the nuances of the housing market.

05/26/2011

rental housing market home prices apartment rent

Protesters Rally Against Rent Hikes, Call Housing A ‘Human Right’

An estimated 80 members of the Los Angeles Right to Housing Collective want lawmakers to limit how much landlords can raise rents each July.

05/20/2011

(AP Photo/Kim D. Johnson)

Glendale, Los Angeles Sue Public Housing Developer For Fraud

A Southern California developer of low-income public housing is being sued for fraud by the cities of Los Angeles and Glendale.

04/26/2011

(Getty Images)

Calif. Jobless Rate Dips Slightly, But Housing Recovery Sluggish

After 96,500 jobs were created in February — with roughly half of the job increases coming nationally — California’s unemployment rate slid to 12.2 percent.

KNX 1070 NEWSRADIO–03/25/2011

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New Apartments Push Up Home Construction In January

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.

02/16/2011

Financial Cash Illegal pension

Audit: LA Housing Dept. Short $48M In Fees

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.

12/14/2010

(Getty Images)

Official: LA County Can House 12,000 Homeless By 2016

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.

12/07/2010

(Getty Images)

Fannie Mae Opens LA Mortgage Help Center

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.

11/09/2010

for sale home

Foreclosure Activity Up Across California, The Nation

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.

10/28/2010

(AP Photo/Eric Risberg)

Economists: OC Recovery Slow, But No Double-Dip

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.

10/27/2010

mortgage default home sales market

BofA Halts Foreclosures; SoCal Homeowners Eye Relief

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.

KNX 1070 NEWSRADIO–10/09/2010

(credit: AP Photo/Damian Dovarganes)

Riverside Finances Hammered Amid Housing Slump

A steep dip in the Southland housing market has forced Riverside to take drastic cost-cutting measures in order to compensate for the downturn.

10/06/2010

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