New California laws taking effect July 1, 2026

A wave of new laws hits California on July 1. From minimum wage hikes and school cell phone bans to stricter rules for self-driving robotaxis, here is what is changing in your community.

US existing-home sales jump to highest level since December

Sales of existing U.S. homes rose sharply in May, climbing 3.2% from April and 3.2% from a year earlier to a seasonally adjusted annual rate of 4.17 million units.

Mortgage rates are moving again: What homebuyers need to know

U.S. mortgage rates eased this week from their highest level in nine months, offering modest relief to prospective homebuyers.

LA speeds up city intervention timelines for dangerous nuisance properties

The Los Angeles City Council passed a unanimous ordinance to accelerate the cleanup of dangerous nuisance properties, cutting owner compliance windows in half.

LA City Council District 11 race between Traci Park & Faizah Malik
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Incumbent Traci Park and challenger Faizah Malik are making their case to voters as the District 11 race approaches the June 2 primary.

Tenants demand action at Boyle Heights apartment complex

Wyvernwood Garden Apartments ranks No. 5 on the Los Angeles City Controller's list of the 100 most troubled rental properties, prompting renewed scrutiny from tenants and city officials.

Top 5 US housing markets where home prices are dropping right now

Home sellers across the country still find themselves needing to cut their asking prices in order to find buyers, with nearly one out of every six of them doing so last month. However, in some cities, that figure is much higher.

Construction stops at proposed 100+ unit affordable housing project in El Sereno

Construction was halted on a proposed 100-plus-unit affordable housing project in El Sereno after residents reported a crane struck a power line and triggered utility outages.

New data shows where mortgage delinquency is climbing the fastest

A new WalletHub analysis found mortgage delinquencies are rising in several states, highlighting growing financial strain among homeowners.

LA County to end ban on post-wildfire rent gouging

The Los Angeles County Board of Supervisors voted against extending emergency price-gouging protections, allowing local rent caps to expire on May 28.

House hunting? Data suggests the most affordable cities to buy a home

Homeownership may still be possible – just in different cities. A new study reveals the most affordable U.S. housing markets in 2026.

20% of homebuyers are Gen Z — here’s where they’re buying

Gen Z is becoming a growing force in the U.S. housing market, now accounting for nearly 1 in 5 mortgage requests nationwide. Here’s where they are buying.

RV encampment grows outside LA Housing Authority building despite nearby 'Safe Parking'

An RV encampment has formed outside a Los Angeles Housing Authority building in Gardena, raising questions about the effectiveness of the city's Safe Parking Program.