Market

real estate housing

KNX Spotlight: American Dream, LA Nightmare

Los Angeles is the least affordable housing market in the country – and experts say it’s only going to get worse.

04/21/2015

(credit: Justin Sullivan/Getty Images)

Report: Airbnb Rental Service Making SoCal Housing Crunch Worse

The rise of the long-term rental market in Southern California is making the region’s housing shortage even worse, according to a report released Wednesday.

03/11/2015

(credit: CBS)

LA Health Officials Take Action After Local Supermarket Sells Raccoons As Food

The Health Department has taken action after a local supermarket’s frozen foods section featured an unusual item.

02/10/2015

Photo Courtesy of Simon & Schuster

The Pollan Family Table’s Butternut Squash Soup

The Pollan Family Table is out now from CBS sister company Simon & Schuster. This excerpt shows their recipe for butternut squash soup with toasted pumpkin seeds.

10/28/2014

(credit: Tim Boyle/Getty Images)

Back To Normal? Investors’ Exit Could Stabilize Home Prices

Southern California’s housing market could be normalizing following the apparent exit of big investors, according to one industry analyst.

10/13/2014

Victim Jane Piper was given the chance to directly address her attacker before his sentencing Tuesday. (CBS)

Rape, Kidnapping Victim Confronts Attacker In Court As He’s Sentenced To 20 Years

A Southland man convicted of raping and carjacking a woman in broad daylight in the parking lot of a Brentwood supermarket was sentenced Tuesday to 20 years in prison.

09/23/2014

City officials may put an end to a long-running tradition of pony rides at one of Santa Monica's farmers' markets. (Photo courtesy Tawni's Ponies & Petting Farm/Facebook)

Santa Monica City Council To Vote On Ending Pony Rides At Farmers’ Market

Pony rides for children at a weekly Santa Monica Farmers’ Market may soon be coming to an end.

09/09/2014

(Photo credit: David McNew/Getty Images)

Chinese Firm To Build 200 Homes In Simi Valley In Billion-Dollar US Investment

A Chinese home-building company is breaking ground on dozens of new homes in Simi Valley as part of a $1 billion plan to invest in the U.S. housing market.

09/04/2014

prices

LA Tops Study As Least Affordable US Housing Market

About one in four households in Los Angeles spend over half their income on housing, according to a study released Thursday.

06/26/2014

graduation grad college commencement

USC Grads Brace For Uncertain Future In Shaky Job Market

A rock-and-roll music legend will be among those on hand Friday for commencement ceremonies at the University of Southern California.

05/16/2014

water drought

California Home Price Gains Slow In April

The median sales price of $383,000 was up 2 percent from March and 18 percent from April of 2013.

05/14/2014

(credit: Justin Sullivan/Getty Images)

Albertsons Parent Cerberus To Buy Safeway

Safeway says it has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner of Albertsons and several other supermarket chains.

CBS2 / KCAL9–03/06/2014

cherries fruit

SoCal Vendors Fined In Farmers Market Crackdown

Nearly two dozen vendors have been fined or sanctioned for misleading buyers at farmers markets in Southern California about “locally grown” produce, according to reports Friday.

12/27/2013

(credit: istockphoto.com)

Got $2.1M? Malibu Ranked Most Expensive Real Estate Market In U.S.

It’s long been the home of celebrities, white sandy beaches and some of the most picturesque views in all of Southern California – and now a new report says it’s the most expensive place to live in the United States.

11/06/2013

(credit: CBS)

Study: Housing Market Revival To Push SoCal Rent Prices Higher

Rising home values and increased demand for rental properties are expected to keep pushing rent prices steadily upward over the next two years, according to a study released Tuesday.

09/24/2013

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