The number of distressed properties sold in Southern California and statewide has plunged dramatically over the last five years, resulting in higher home prices, according to a real estate industry group.
AAA says the average price of a gallon of gas now tops $3.93 in L.A. County.
A rebound in the real estate market coupled with rising interest rates are being blamed for a fourth-straight month of sales declines in November, a statewide real estate group announced Tuesday.
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.
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.
Gas prices are on the rise again, surpassing the $4 mark for the first time since Aug. 6, according to AAA and the Oil Price Information Service.
Gasoline prices in Southern California are plunging to their lowest in months despite the ongoing civil unrest in Egypt.
Southern California’s surging housing market stumbled last month with home sales falling as strapped homeowners refused to sell, fewer investors bought and the median sales price rose to $385,000.
Drivers across Southern California will soon be paying almost four cents more for every gallon of gas they buy as a statewide gasoline tax is set to take effect.
It looks like Powerball arrived in California just in time.
For the first time in over two months, the average price for a gallon of gasoline in Los Angeles County fell Thursday to under $4.
Even with gas prices well over $4 per gallon, a new tax ordered by state regulators is set to bring more pain to the pump.
The interim ruling would force utilities including Southern California Edison and Pacific Gas & Electric to repay customers for an unprecedented rise in prices.
Gas prices in Southern California rose again on Monday, leaving some drivers paying over $5.00 per gallon.
Sen. Barbara Boxer and Sen. Dianne Feinstein are among six Senate Democrats calling for an investigation after last month’s record jump in gasoline prices.